COTI: Bitget → 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

+528%

APR right now

Price gap

+0.194%

between legs

Average spread

+87%

over 24h from our own samples

Over 7 days

+87%

samples: 202

BitgetLONG

Bid / ask0.01547 / 0.0155

Mark price0.01552

Volume 24h$4.45M

Open interest$3.75M

Rate-0.4911%

APR-1076%

Interval / next payout4h / 19m

Bitget

BybitSHORT

Bid / ask0.01553 / 0.015543

Mark price0.01553

Volume 24h$10.72M

Open interest$4.99M

Rate-0.5000%

APR-548%

Interval / next payout8h / 19m

Bybit

Spread from our samples

spread over the period: from -57% to 560% 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.