ZETA: OKX → 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

+21%

APR right now

Price gap

-0.017%

between legs

Average spread

-9%

over 24h from our own samples

Over 7 days

-9%

samples: 119

OKXLONG

Bid / ask0.05739 / 0.05741

Mark price0.0574

Volume 24h$51.62M

Open interest$1.10M

Rate-0.0983%

APR-215%

Interval / next payout4h / 1h 33m

OKX

MEXCSHORT

Bid / ask0.0574 / 0.05743

Mark price0.05746

Volume 24h$12.35M

Open interest$1.03M

Rate-0.0889%

APR-195%

Interval / next payout4h / 1h 33m

MEXC

Spread from our samples

spread over the period: from -51% to 21% 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.