MOVR: Extended → 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

-0%

APR right now

Price gap

+0.145%

between legs

Average spread

+5%

over 24h from our own samples

Over 7 days

+5%

samples: 119

ExtendedLONG

Bid / ask0.8956 / 0.8967

Mark price0.896556

Volume 24h$201.73K

Open interest$6.75K

Rate+0.0013%

APR+11%

Interval / next payout1h / 39m

Extended

BybitSHORT

Bid / ask0.898 / 0.899

Mark price0.898

Volume 24h$248.25K

Open interest$1.08M

Rate+0.0050%

APR+11%

Interval / next payout4h / 1h 39m

Bybit

Spread from our samples

spread over the period: from -6% to 113% 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.