AVAX: Gate → 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

+73%

APR right now

Price gap

+0.011%

between legs

Average spread

+81%

over 24h from our own samples

Over 7 days

+81%

samples: 102

GateLONG

Bid / ask— / —

Mark price11.22

Volume 24h$40.33M

Open interest$6.23M

Rate+0.0100%

APR+11%

Interval / next payout8h / 16m

Gate

LighterSHORT

Bid / ask— / —

Mark price11.2212

Volume 24h$3.29M

Open interest$1.24M

Rate+0.0096%

APR+84%

Interval / next payout1h / 16m

Lighter

Spread from our samples

spread over the period: from -8% to 103% 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.