CARV: 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

+0%

APR right now

Price gap

+0.453%

between legs

Average spread

+2%

over 24h from our own samples

Over 7 days

+2%

samples: 118

BybitLONG

Bid / ask0.04405 / 0.04412

Mark price0.04412

Volume 24h$607.72K

Open interest$890.76K

Rate+0.0050%

APR+11%

Interval / next payout4h / 1h 41m

Bybit

BitgetSHORT

Bid / ask0.04432 / 0.04438

Mark price0.04389

Volume 24h$234.57K

Open interest$733.74K

Rate+0.0050%

APR+11%

Interval / next payout4h / 1h 41m

Bitget

Spread from our samples

spread over the period: from -5% to 18% 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.