DRAM: Bybit → 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

+16%

APR right now

Price gap

-0.112%

between legs

Average spread

-12%

over 24h from our own samples

Over 7 days

-12%

samples: 202

BybitLONG

Bid / ask62.76 / 62.77

Mark price62.76

Volume 24h$10.78M

Open interest$10.19M

Rate+0.0000%

APR+0%

Interval / next payout8h / 20m

Bybit

BitgetSHORT

Bid / ask62.7 / 62.71

Mark price62.71

Volume 24h$17.62M

Open interest$27.16M

Rate+0.0143%

APR+16%

Interval / next payout8h / 20m

Bitget

Spread from our samples

spread over the period: from -108% to 19% 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.