BLESS: Bybit → MEXC

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

+27%

APR right now

Price gap

+0.162%

between legs

Average spread

+23%

over 24h from our own samples

Over 7 days

+23%

samples: 120

BybitLONG

Bid / ask0.009278 / 0.009284

Mark price0.009281

Volume 24h$548.13K

Open interest$2.58M

Rate+0.0050%

APR+11%

Interval / next payout4h / 1h 29m

Bybit

MEXCSHORT

Bid / ask0.009299 / 0.0093

Mark price0.009297

Volume 24h$656.74K

Open interest$7.30M

Rate+0.0175%

APR+38%

Interval / next payout4h / 1h 29m

MEXC

Spread from our samples

spread over the period: from -10% to 70% 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.