JP225: Extended → MEXC

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

-5%

APR right now

Price gap

+0.375%

between legs

Average spread

-2%

over 24h from our own samples

Over 7 days

-2%

samples: 119

ExtendedLONG

Bid / ask66,414.00 / 66,481.00

Mark price66,724.00

Volume 24h—

Open interest$5.83K

Rate+0.0006%

APR+5%

Interval / next payout1h / 37m

Extended

MEXCSHORT

Bid / ask66,730.00 / 66,788.00

Mark price66,742.00

Volume 24h$144.97K

Open interest$408.08K

Rate+0.0000%

APR+0%

Interval / next payout8h / 5h 37m

MEXC

Spread from our samples

spread over the period: from -57% to 42% 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.