SHELL: Bybit → 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

+98%

APR right now

Price gap

-0.075%

between legs

Average spread

+89%

over 24h from our own samples

Over 7 days

+89%

samples: 119

BybitLONG

Bid / ask0.02667 / 0.0267

Mark price0.02669

Volume 24h$185.89K

Open interest$508.56K

Rate+0.0050%

APR+11%

Interval / next payout4h / 1h 31m

Bybit

BingXSHORT

Bid / ask0.02668 / 0.02672

Mark price0.02669

Volume 24h$6.52M

Open interest—

Rate+0.0497%

APR+109%

Interval / next payout4h / 1h 31m

BingX

Spread from our samples

spread over the period: from 0% to 306% APR, 119 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.