HD

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	MEXCHDSTOCK_USDT	285.02	0	0.0000% / 8h	4h 14m	$4.5M	$92K	20x	Long MEXC
SHORT	BinanceHDUSDT	285.27	0	0.0000% / 8h	4h 14m	$537K	$348K	20x	Short Binance

Price gap+0.087%

Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$7 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+$7spread +0.087% now, avg +0.021% → +0.066% if it goes back

Costs−$570.566% of $10k · taker + slippage, in and out

Result−$50−0.50%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+0.087%

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

2 ok · 3 to watch

Watch: Thin at this size15.8 / 12.9 bp
At $10k entering MEXC costs 15.8 bp, fee and slippage, 1.2× Binance’s.
Note: Margin at max leverage$500 + $500
MEXC 20x, Binance 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 MEXC: 3 payments, $0.00; short Binance: 3 payments, $0.00.
OK: Entry gap works for you+0.087% vs +0.021%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$537K 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: KYCMEXC Yes · Binance Yes
KYC before trading since Feb 2026; unverified accounts see market data only.

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+0.087% → +0.021% (7d avg)+$6.57

Slippage, 4 orderslive order books−$40.57

Fee MEXC bp × 2 orders−$8.00

Fee Binance bp × 2 orders−$8.00

Net · 7 days · $10k−$49.92

Costs to cover0.566%Break-even4396.8 days

Slippage: MEXC: live order book, 1 min ago; Binance: live order book, 11 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGMEXC6.3115.8 bp−$16154.2 bp−$1,542215.4 bp−$21.5Kdoesn’t fit

SELL · SHORTBinance1.9312.9 bp−$1364.2 bp−$642doesn’t fitdoesn’t fit

Closing costs about the same again.

HD