SQD: Bybit → MEXC

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

+0%

APR right now

Price gap

+0.277%

between legs

Average spread

+4%

over 24h from our own samples

Over 7 days

+4%

samples: 108

BybitLONG

Bid / ask0.02879 / 0.02884

Mark price0.02885

Volume 24h$440.80K

Open interest$897.16K

Rate+0.0050%

APR+11%

Interval / next payout4h / 3h 23m

Bybit

MEXCSHORT

Bid / ask0.02892 / 0.02894

Mark price0.02894

Volume 24h$174.07K

Open interest$5.89M

Rate+0.0050%

APR+11%

Interval / next payout4h / 3h 23m

MEXC

Spread from our samples

spread over the period: from 0% to 5% 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.