SAND: Bitget → MEXC

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

-1%

APR right now

Price gap

+0.193%

between legs

Average spread

+13%

over 24h from our own samples

Over 7 days

+13%

samples: 118

BitgetLONG

Bid / ask0.04144 / 0.04146

Mark price0.0416

Volume 24h$543.30K

Open interest$1.72M

Rate-0.0040%

APR-4%

Interval / next payout8h / 5h 42m

Bitget

MEXCSHORT

Bid / ask0.04154 / 0.04155

Mark price0.04154

Volume 24h$1.72M

Open interest$11.55M

Rate-0.0048%

APR-5%

Interval / next payout8h / 5h 42m

MEXC

Spread from our samples

spread over the period: from -4% to 26% APR, 118 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.