SYN: Bitget → 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

+5%

APR right now

Price gap

-0.123%

between legs

Average spread

+7%

over 24h from our own samples

Over 7 days

+7%

samples: 118

BitgetLONG

Bid / ask0.23487 / 0.23529

Mark price0.23505

Volume 24h$3.13M

Open interest$1.32M

Rate+0.0050%

APR+11%

Interval / next payout4h / 1h 41m

Bitget

MEXCSHORT

Bid / ask0.235 / 0.2351

Mark price0.2353

Volume 24h$7.56M

Open interest$2.71M

Rate+0.0071%

APR+16%

Interval / next payout4h / 1h 41m

MEXC

Spread from our samples

spread over the period: from 0% to 14% APR, 118 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.