ARK: Bybit → Bitget

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

-54%

APR right now

Price gap

+0.278%

between legs

Average spread

-228%

over 24h from our own samples

Over 7 days

-228%

samples: 120

BybitLONG

Bid / ask0.15466 / 0.15477

Mark price0.15457

Volume 24h$1.05M

Open interest$1.34M

Rate+0.0298%

APR+65%

Interval / next payout4h / 1h 27m

Bybit

BitgetSHORT

Bid / ask0.1552 / 0.1553

Mark price0.1552

Volume 24h$265.52K

Open interest$395.31K

Rate+0.0050%

APR+11%

Interval / next payout4h / 1h 27m

Bitget

Spread from our samples

spread over the period: from -437% to 0% APR, 120 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.