XPIN: Bitget → BingX

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

+109%

APR right now

Price gap

-0.360%

between legs

Average spread

+117%

over 24h from our own samples

Over 7 days

+117%

samples: 108

BitgetLONG

Bid / ask0.000915 / 0.000916

Mark price0.000912

Volume 24h$373.40K

Open interest$1.25M

Rate+0.0050%

APR+11%

Interval / next payout4h / 3h 24m

Bitget

BingXSHORT

Bid / ask0.000913 / 0.000915

Mark price0.000914

Volume 24h$6.52M

Open interest—

Rate+0.0549%

APR+120%

Interval / next payout4h / 3h 24m

BingX

Spread from our samples

spread over the period: from 0% to 409% 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.