SOON: 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

-140%

APR right now

Price gap

+0.565%

between legs

Average spread

-225%

over 24h from our own samples

Over 7 days

-225%

samples: 108

BybitLONG

Bid / ask0.1943 / 0.1946

Mark price0.1943

Volume 24h$1.12M

Open interest$2.50M

Rate+0.1149%

APR+252%

Interval / next payout4h / 3h 26m

Bybit

BitgetSHORT

Bid / ask0.1957 / 0.196

Mark price0.196

Volume 24h$226.79K

Open interest$9.17M

Rate+0.0511%

APR+112%

Interval / next payout4h / 3h 26m

Bitget

Spread from our samples

spread over the period: from -455% 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.