COTI: MEXC → 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

+51%

APR right now

Price gap

+0.208%

between legs

Average spread

+16%

over 24h from our own samples

Over 7 days

+16%

samples: 108

MEXCLONG

Bid / ask0.014876 / 0.014879

Mark price0.01489

Volume 24h$1.96M

Open interest$12.73M

Rate-0.0183%

APR-40%

Interval / next payout4h / 3h 26m

MEXC

BitgetSHORT

Bid / ask0.01491 / 0.01493

Mark price0.01493

Volume 24h$2.64M

Open interest$3.26M

Rate+0.0050%

APR+11%

Interval / next payout4h / 3h 26m

Bitget

Spread from our samples

spread over the period: from -5% to 51% APR, 108 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.