PLUME: MEXC → OKX

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

-0.007%

between legs

Average spread

-4%

over 24h from our own samples

Over 7 days

-4%

samples: 120

MEXCLONG

Bid / ask0.01497 / 0.01498

Mark price0.01497

Volume 24h$303.03K

Open interest$1.23M

Rate+0.0050%

APR+11%

Interval / next payout4h / 1h 24m

MEXC

OKXSHORT

Bid / ask0.014979 / 0.014986

Mark price0.014975

Volume 24h$1.06M

Open interest$568.62K

Rate+0.0050%

APR+11%

Interval / next payout4h / 1h 24m

OKX

Spread from our samples

spread over the period: from -5% to 0% APR, 120 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.