HYPE: Gate → 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

+79%

APR right now

Price gap

+0.018%

between legs

Average spread

+81%

over 24h from our own samples

Over 7 days

+81%

samples: 119

GateLONG

Bid / ask— / —

Mark price93.376

Volume 24h$54.69M

Open interest$22.27M

Rate+0.0022%

APR+5%

Interval / next payout4h / 1h 31m

Gate

LighterSHORT

Bid / ask— / —

Mark price93.3927

Volume 24h$61.56M

Open interest$16.33M

Rate+0.0096%

APR+84%

Interval / next payout1h / 31m

Lighter

Spread from our samples

spread over the period: from 0% to 164% 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.