KGEN: Bybit → Gate

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

-0.303%

between legs

Average spread

+81%

over 24h from our own samples

Over 7 days

+81%

samples: 108

BybitLONG

Bid / ask0.1618 / 0.1619

Mark price0.1617

Volume 24h$330.94K

Open interest$749.84K

Rate+0.0050%

APR+11%

Interval / next payout4h / 3h 25m

Bybit

GateSHORT

Bid / ask— / —

Mark price0.16141

Volume 24h$92.62K

Open interest$765.74K

Rate+0.0050%

APR+11%

Interval / next payout4h / 3h 25m

Gate

Spread from our samples

spread over the period: from 0% to 265% APR, 108 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.