ZEREBRO: 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

+29%

APR right now

Price gap

+0.126%

between legs

Average spread

+26%

over 24h from our own samples

Over 7 days

+26%

samples: 119

BybitLONG

Bid / ask0.03418 / 0.03422

Mark price0.03419

Volume 24h$913.19K

Open interest$5.29M

Rate+0.0050%

APR+11%

Interval / next payout4h / 1h 37m

Bybit

MEXCSHORT

Bid / ask0.034263 / 0.03429

Mark price0.034277

Volume 24h$125.20K

Open interest$7.15M

Rate+0.0181%

APR+40%

Interval / next payout4h / 1h 37m

MEXC

Spread from our samples

spread over the period: from 0% to 45% APR, 119 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.