LIT: OKX → Lighter

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

+82%

APR right now

Price gap

+0.081%

between legs

Average spread

+152%

over 24h from our own samples

Over 7 days

+152%

samples: 120

OKXLONG

Bid / ask4.6901 / 4.6902

Mark price4.6902

Volume 24h$61.60M

Open interest$25.31M

Rate+0.0008%

APR+2%

Interval / next payout4h / 1h 30m

OKX

LighterSHORT

Bid / ask— / —

Mark price4.694

Volume 24h$28.67M

Open interest$58.57M

Rate+0.0096%

APR+84%

Interval / next payout1h / 30m

Lighter

Spread from our samples

spread over the period: from 0% to 504% 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.