BR: Bybit → Bitget

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

+0.101%

between legs

Average spread

+35%

over 24h from our own samples

Over 7 days

+35%

samples: 118

BybitLONG

Bid / ask1.1083 / 1.1092

Mark price1.1086

Volume 24h$25.08M

Open interest$10.70M

Rate+0.0050%

APR+11%

Interval / next payout4h / 1h 42m

Bybit

BitgetSHORT

Bid / ask1.1103 / 1.1113

Mark price1.1097

Volume 24h$11.85M

Open interest$8.14M

Rate+0.0174%

APR+38%

Interval / next payout4h / 1h 42m

Bitget

Spread from our samples

spread over the period: from -60% to 53% APR, 118 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.