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AR: OKX → Bybit

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
+0%
APR right now
Price gap
-0.046%
between legs
Average spread
+4%
over 24h from our own samples
Over 7 days
+4%
samples: 202
OKXLONG
Bid / ask4.334 / 4.337
Mark price4.335
Volume 24h$11.16M
Open interest$2.19M
Rate+0.0100%
APR+11%
Interval / next payout8h / 17m
OKX
BybitSHORT
Bid / ask4.335 / 4.336
Mark price4.335
Volume 24h$6.80M
Open interest$4.30M
Rate+0.0100%
APR+11%
Interval / next payout8h / 17m
Bybit

Spread from our samples

spread over the period: from 0% to 27% APR, 202 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.
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