SLX: Bitget → Bybit

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

+363%

APR right now

Price gap

-0.482%

between legs

Average spread

+242%

over 24h from our own samples

Over 7 days

+242%

samples: 102

BitgetLONG

Bid / ask0.06639 / 0.06643

Mark price0.0663

Volume 24h$356.84K

Open interest$1.01M

Rate+0.0050%

APR+11%

Interval / next payout4h / 16m

Bitget

BybitSHORT

Bid / ask0.06611 / 0.06615

Mark price0.06611

Volume 24h$357.22K

Open interest$969.20K

Rate+0.1705%

APR+373%

Interval / next payout4h / 16m

Bybit

Spread from our samples

spread over the period: from 0% to 392% 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.