LSK: MEXC → Bybit

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

+73%

APR right now

Price gap

+0.187%

between legs

Average spread

+2%

over 24h from our own samples

Over 7 days

+2%

samples: 118

MEXCLONG

Bid / ask0.34696 / 0.34698

Mark price0.34702

Volume 24h$2.48M

Open interest$8.01M

Rate-0.0646%

APR-566%

Interval / next payout1h / 40m

MEXC

BybitSHORT

Bid / ask0.34763 / 0.34769

Mark price0.34767

Volume 24h$21.11M

Open interest$9.47M

Rate-0.0563%

APR-493%

Interval / next payout1h / 40m

Bybit

Spread from our samples

spread over the period: from -2712% to 369% APR, 118 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.