BTW: Bitget → 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

+105%

APR right now

Price gap

-0.148%

between legs

Average spread

+85%

over 24h from our own samples

Over 7 days

+85%

samples: 202

BitgetLONG

Bid / ask0.864505 / 0.865484

Mark price0.86295

Volume 24h$11.26M

Open interest$27.05M

Rate+0.0122%

APR+27%

Interval / next payout4h / 19m

Bitget

MEXCSHORT

Bid / ask0.8642 / 0.8645

Mark price0.8637

Volume 24h$5.09M

Open interest$9.54M

Rate+0.0603%

APR+132%

Interval / next payout4h / 19m

MEXC

Spread from our samples

spread over the period: from -2% to 169% APR, 202 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.