MOODENG: OKX → MEXC

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

+3%

APR right now

Price gap

+0.021%

between legs

Average spread

+7%

over 24h from our own samples

Over 7 days

+7%

samples: 119

OKXLONG

Bid / ask0.04744 / 0.04747

Mark price0.04744

Volume 24h$4.79M

Open interest$2.10M

Rate+0.0050%

APR+11%

Interval / next payout4h / 1h 37m

OKX

MEXCSHORT

Bid / ask0.04748 / 0.04749

Mark price0.04746

Volume 24h$327.79K

Open interest$914.69K

Rate+0.0062%

APR+14%

Interval / next payout4h / 1h 37m

MEXC

Spread from our samples

spread over the period: from 0% to 33% 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.