ONE: OKX → BingX

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

+5627%

APR right now

Price gap

-16.070%

between legs

Average spread

+501%

over 24h from our own samples

Over 7 days

+501%

samples: 108

OKXLONG

Bid / ask0.004938 / 0.004939

Mark price0.004938

Volume 24h$261.50M

Open interest$5.69M

Rate-0.6437%

APR-5639%

Interval / next payout1h / 22m

OKX

BingXSHORT

Bid / ask0.004145 / 0.004145

Mark price0.004145

Volume 24h$6.61M

Open interest—

Rate-0.0013%

APR-12%

Interval / next payout1h / 22m

BingX

Spread from our samples

spread over the period: from 0% to 5627% APR, 108 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.