PROVE: 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

+385%

APR right now

Price gap

-0.503%

between legs

Average spread

+254%

over 24h from our own samples

Over 7 days

+254%

samples: 102

BybitLONG

Bid / ask0.2382 / 0.2384

Mark price0.2383

Volume 24h$10.18M

Open interest$2.04M

Rate-0.4942%

APR-1082%

Interval / next payout4h / 16m

Bybit

BitgetSHORT

Bid / ask0.2372 / 0.2373

Mark price0.2374

Volume 24h$4.73M

Open interest$660.34K

Rate-0.3186%

APR-698%

Interval / next payout4h / 16m

Bitget

Spread from our samples

spread over the period: from -48% to 757% APR, 102 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.