DOGE: Bitget → Lighter

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

+104%

APR right now

Price gap

+0.185%

between legs

Average spread

+101%

over 24h from our own samples

Over 7 days

+101%

samples: 108

BitgetLONG

Bid / ask0.1008 / 0.10081

Mark price0.10083

Volume 24h$270.73M

Open interest$153.50M

Rate-0.0185%

APR-20%

Interval / next payout8h / 7h 26m

Bitget

LighterSHORT

Bid / ask— / —

Mark price0.100996

Volume 24h$5.83M

Open interest$789.74K

Rate+0.0096%

APR+84%

Interval / next payout1h / 26m

Lighter

Spread from our samples

spread over the period: from 0% to 115% 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.