SKHYNIX: EdgeX → Lighter

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

+86%

APR right now

Price gap

+0.105%

between legs

Average spread

+315%

over 24h from our own samples

Over 7 days

+315%

samples: 58

EdgeXLONG

Bid / ask— / —

Mark price1,382.14

Volume 24h$432.24K

Open interest$3.38M

Rate-0.0264%

APR-58%

Interval / next payout4h / 13m

EdgeX

LighterSHORT

Bid / ask— / —

Mark price1,383.59

Volume 24h$5.01M

Open interest$2.88M

Rate+0.0032%

APR+28%

Interval / next payout1h / 13m

Lighter

Spread from our samples

spread over the period: from -698% to 1302% APR, 58 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.