G: Binance → 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

-0.016%

between legs

Average spread

+141%

over 24h from our own samples

Over 7 days

+141%

samples: 119

BinanceLONG

Bid / ask— / —

Mark price0.006215

Volume 24h$69.64M

Open interest—

Rate-0.2423%

APR-2122%

Interval / next payout1h / 36m

Binance

BitgetSHORT

Bid / ask0.006214 / 0.006219

Mark price0.006214

Volume 24h$7.81M

Open interest$1.41M

Rate-0.2441%

APR-2138%

Interval / next payout1h / 36m

Bitget

Spread from our samples

spread over the period: from -20% to 866% APR, 119 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.