WET: 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

+36%

APR right now

Price gap

+0.258%

between legs

Average spread

+6%

over 24h from our own samples

Over 7 days

+6%

samples: 121

BybitLONG

Bid / ask0.07361 / 0.07367

Mark price0.07361

Volume 24h$1.35M

Open interest$1.64M

Rate+0.0050%

APR+11%

Interval / next payout4h / 1h 19m

Bybit

MEXCSHORT

Bid / ask0.07386 / 0.07387

Mark price0.07393

Volume 24h$154.76K

Open interest$226.61K

Rate+0.0216%

APR+47%

Interval / next payout4h / 1h 19m

MEXC

Spread from our samples

spread over the period: from 0% to 36% APR, 121 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.