INJ: KuCoin → 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

+16%

APR right now

Price gap

-0.013%

between legs

Average spread

+17%

over 24h from our own samples

Over 7 days

+17%

samples: 203

KuCoinLONG

Bid / ask— / —

Mark price7.757

Volume 24h$16.99M

Open interest$8.57M

Rate+0.0100%

APR+11%

Interval / next payout8h / 17m

KuCoin

BingXSHORT

Bid / ask7.756 / 7.757

Mark price7.756

Volume 24h$19.93M

Open interest—

Rate+0.0244%

APR+27%

Interval / next payout8h / 17m

BingX

Spread from our samples

spread over the period: from -3% to 19% APR, 203 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.