KERNEL: BingX → 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

+959%

APR right now

Price gap

-0.219%

between legs

Average spread

+202%

over 24h from our own samples

Over 7 days

+202%

samples: 119

BingXLONG

Bid / ask0.06848 / 0.06855

Mark price0.06876

Volume 24h$7.14M

Open interest—

Rate-0.9149%

APR-2004%

Interval / next payout4h / 1h 34m

BingX

BitgetSHORT

Bid / ask0.0684 / 0.06847

Mark price0.06848

Volume 24h$5.93M

Open interest$885.26K

Rate-0.4772%

APR-1045%

Interval / next payout4h / 1h 34m

Bitget

Spread from our samples

spread over the period: from 0% to 1793% 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.