IOTA: 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

+0%

APR right now

Price gap

+0.041%

between legs

Average spread

+0%

over 24h from our own samples

Over 7 days

+0%

samples: 120

BybitLONG

Bid / ask0.04823 / 0.04827

Mark price0.04829

Volume 24h$1.49M

Open interest$2.25M

Rate+0.0100%

APR+11%

Interval / next payout8h / 5h 24m

Bybit

BitgetSHORT

Bid / ask0.04829 / 0.04834

Mark price0.04833

Volume 24h$714.81K

Open interest$1.76M

Rate+0.0100%

APR+11%

Interval / next payout8h / 5h 24m

Bitget

Spread from our samples

spread over the period: from 0% to 0% APR, 120 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.