ALCH: Bybit → MEXC

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

+187%

APR right now

Price gap

-0.037%

between legs

Average spread

+179%

over 24h from our own samples

Over 7 days

+179%

samples: 108

BybitLONG

Bid / ask0.05376 / 0.05379

Mark price0.05376

Volume 24h$5.45M

Open interest$3.30M

Rate+0.0050%

APR+11%

Interval / next payout4h / 3h 24m

Bybit

MEXCSHORT

Bid / ask0.05377 / 0.05396

Mark price0.05396

Volume 24h$2.23M

Open interest$5.26M

Rate+0.0905%

APR+198%

Interval / next payout4h / 3h 24m

MEXC

Spread from our samples

spread over the period: from 0% to 304% APR, 108 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.