SLX: Bybit → Bitget

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

-226%

APR right now

Price gap

+0.272%

between legs

Average spread

-242%

over 24h from our own samples

Over 7 days

-242%

samples: 108

BybitLONG

Bid / ask0.06611 / 0.06613

Mark price0.06611

Volume 24h$364.63K

Open interest$976.27K

Rate+0.1234%

APR+270%

Interval / next payout4h / 3h 27m

Bybit

BitgetSHORT

Bid / ask0.06631 / 0.06634

Mark price0.06626

Volume 24h$322.13K

Open interest$1.01M

Rate+0.0201%

APR+44%

Interval / next payout4h / 3h 27m

Bitget

Spread from our samples

spread over the period: from -392% to 0% APR, 108 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.