PUMP: Gate → Extended

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

+24%

APR right now

Price gap

+0.090%

between legs

Average spread

+9%

over 24h from our own samples

Over 7 days

+9%

samples: 202

GateLONG

Bid / ask— / —

Mark price0.00444

Volume 24h$9.59M

Open interest$2.39M

Rate-0.0057%

APR-12%

Interval / next payout4h / 19m

Gate

ExtendedSHORT

Bid / ask0.004444 / 0.004446

Mark price0.004442

Volume 24h$3.46M

Open interest$3.79M

Rate+0.0013%

APR+11%

Interval / next payout1h / 19m

Extended

Spread from our samples

spread over the period: from 0% to 65% APR, 202 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.