HD

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BinanceHDUSDT	284.66	0	0.0000% / 8h	3h 12m	$561K	$377K	20x	Long Binance
SHORT	MEXCHDSTOCK_USDT	284.74	0	0.0000% / 8h	3h 12m	$4.5M	$92K	20x	Short MEXC

Price gap+0.029%

Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$5 on $10k if the gap goes back to its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding$00.0000% /8h now · paid −0.001% over the last 7D

Price+$5spread +0.029% now, avg −0.021% → +0.051% if it goes back

Costs−$470.473% of $10k · taker + slippage, in and out

Result−$42−0.42%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.029%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

HD on 11 exchanges

lowest funding first

Before you open

3 ok · 2 to watch

OK: Fits both order books10.8 / 12.2 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$500 + $500
Binance 20x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: $0.00Long Binance: 3 payments, $0.00; short MEXC: 3 payments, $0.00.
OK: Entry gap works for you+0.029% vs −0.021%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$561K vs $4.5M OI
Binance sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBinance Yes · MEXC Yes
Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned0.0000%/8h × 21 periods−$0.08

Price spread+0.029% → −0.021% (7d avg)+$5.06

Slippage, 4 orderslive order books−$39.35

Fee Binance bp × 2 orders−$8.00

Fee MEXC bp × 2 orders$0.00

Net · 7 days · $10k−$42.36

Costs to cover0.473%Break-evennever at this rate

Slippage: Binance: live order book, 73 min ago; MEXC: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBinance1.9310.8 bp−$1175.6 bp−$756doesn’t fitdoesn’t fit

SELL · SHORTMEXC4.9212.2 bp−$12176.6 bp−$1,766221.1 bp−$22.1Kdoesn’t fit

Closing costs about the same again.

HD