AERO: OKX → Lighter

Long on the venue with the lower rate, short on the venue with the higher one. Income comes from the rate difference; price exposure cancels out.

Spread

+1566%

APR right now

Price gap

+0.248%

between legs

Average spread

+532%

over 24h from our own samples

Over 7 days

+532%

samples: 102

OKXLONG

Bid / ask0.7 / 0.7003

Mark price0.7001

Volume 24h$7.04M

Open interest$2.33M

Rate+0.0050%

APR+11%

Interval / next payout4h / 12m

OKX

LighterSHORT

Bid / ask— / —

Mark price0.70204

Volume 24h$461.31K

Open interest$1.29M

Rate+0.1800%

APR+1577%

Interval / next payout1h / 12m

Lighter

Spread from our samples

spread over the period: from 0% to 1734% APR, 102 samples

The rate can flip at any moment, and then the position starts costing money. Size is limited by the weaker leg, and entry and exit both pay fees on two venues. Not financial advice.