AR: Bitget → Hyperliquid

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

+1%

APR right now

Price gap

+0.148%

between legs

Average spread

+0%

over 24h from our own samples

Over 7 days

+0%

samples: 120

BitgetLONG

Bid / ask4.513 / 4.518

Mark price4.519

Volume 24h$5.26M

Open interest$3.88M

Rate+0.0100%

APR+11%

Interval / next payout8h / 5h 27m

Bitget

HyperliquidSHORT

Bid / ask4.5247 / 4.5315

Mark price4.528

Volume 24h$4.49M

Open interest$4.05M

Rate+0.0013%

APR+11%

Interval / next payout1h / 27m

Hyperliquid

Spread from our samples

spread over the period: from 0% to 1% APR, 120 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.