ARK: KuCoin → 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

+213%

APR right now

Price gap

-0.495%

between legs

Average spread

+261%

over 24h from our own samples

Over 7 days

+261%

samples: 102

KuCoinLONG

Bid / ask— / —

Mark price0.1536

Volume 24h$36.45K

Open interest$777.12K

Rate-0.0104%

APR-23%

Interval / next payout4h / 15m

KuCoin

BybitSHORT

Bid / ask0.15284 / 0.15295

Mark price0.15283

Volume 24h$1.04M

Open interest$1.29M

Rate+0.0868%

APR+190%

Interval / next payout4h / 15m

Bybit

Spread from our samples

spread over the period: from 0% to 431% 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.