ARKK: MEXC → Bybit

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

+14%

APR right now

Price gap

+0.387%

between legs

Average spread

-11%

over 24h from our own samples

Over 7 days

-11%

samples: 108

MEXCLONG

Bid / ask90.36 / 90.45

Mark price90.37

Volume 24h$118.33K

Open interest$207.27K

Rate-0.0125%

APR-14%

Interval / next payout8h / 7h 21m

MEXC

BybitSHORT

Bid / ask90.8 / 90.83

Mark price90.82

Volume 24h$42.01K

Open interest$53.79K

Rate+0.0000%

APR+0%

Interval / next payout8h / 7h 21m

Bybit

Spread from our samples

spread over the period: from -22% to 14% 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.