ZRO: Binance → Extended

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

+140%

APR right now

Price gap

+0.238%

between legs

Average spread

+96%

over 24h from our own samples

Over 7 days

+96%

samples: 108

BinanceLONG

Bid / ask— / —

Mark price1.1773

Volume 24h$30.28M

Open interest—

Rate+0.0050%

APR+11%

Interval / next payout4h / 3h 24m

Binance

ExtendedSHORT

Bid / ask1.1801 / 1.1816

Mark price1.1774

Volume 24h$588.68K

Open interest$784.13K

Rate+0.0172%

APR+151%

Interval / next payout1h / 24m

Extended

Spread from our samples

spread over the period: from 0% to 270% 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.