BIRB: Bitget → BingX

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

+353%

APR right now

Price gap

-0.289%

between legs

Average spread

+499%

over 24h from our own samples

Over 7 days

+499%

samples: 102

BitgetLONG

Bid / ask0.06917 / 0.06924

Mark price0.06928

Volume 24h$204.23K

Open interest$430.17K

Rate+0.0050%

APR+11%

Interval / next payout4h / 15m

Bitget

BingXSHORT

Bid / ask0.06904 / 0.06919

Mark price0.06911

Volume 24h$736.20K

Open interest—

Rate+0.1664%

APR+364%

Interval / next payout4h / 15m

BingX

Spread from our samples

spread over the period: from 0% to 1084% 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.