CATSTOCK: MEXC → Bybit

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

-22%

APR right now

Price gap

+0.206%

between legs

Average spread

-5%

over 24h from our own samples

Over 7 days

-5%

samples: 119

MEXCLONG

Bid / ask818 / 818.42

Mark price818.3

Volume 24h$118.08K

Open interest$354.32K

Rate+0.0200%

APR+22%

Interval / next payout8h / 5h 39m

MEXC

BybitSHORT

Bid / ask820.11 / 822.09

Mark price821.58

Volume 24h$211.57K

Open interest$302.67K

Rate+0.0000%

APR+0%

Interval / next payout8h / 5h 39m

Bybit

Spread from our samples

spread over the period: from -22% to 81% APR, 119 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.