DOT: Hyperliquid → BingX

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

-0.046%

between legs

Average spread

+0%

over 24h from our own samples

Over 7 days

+0%

samples: 202

HyperliquidLONG

Bid / ask1.1699 / 1.1705

Mark price1.1699

Volume 24h$3.47M

Open interest$5.66M

Rate+0.0013%

APR+11%

Interval / next payout1h / 17m

Hyperliquid

BingXSHORT

Bid / ask1.17 / 1.1701

Mark price1.1701

Volume 24h$7.05M

Open interest—

Rate+0.0100%

APR+11%

Interval / next payout8h / 17m

BingX

Spread from our samples

spread over the period: from 0% to 5% 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.