MOCA: Bybit → 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

+85%

APR right now

Price gap

+0.204%

between legs

Average spread

+21%

over 24h from our own samples

Over 7 days

+21%

samples: 118

BybitLONG

Bid / ask0.010285 / 0.010296

Mark price0.010305

Volume 24h$962.68K

Open interest$741.77K

Rate+0.0050%

APR+11%

Interval / next payout4h / 1h 41m

Bybit

BitgetSHORT

Bid / ask0.010317 / 0.010342

Mark price0.010349

Volume 24h$1.18M

Open interest$225.79K

Rate+0.0438%

APR+96%

Interval / next payout4h / 1h 41m

Bitget

Spread from our samples

spread over the period: from 0% to 94% 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.