CASHCAT: OKX → Lighter

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

+1243%

APR right now

Price gap

+0.029%

between legs

Average spread

+380%

over 24h from our own samples

Over 7 days

+380%

samples: 102

OKXLONG

Bid / ask0.1751 / 0.1754

Mark price0.1753

Volume 24h$10.47M

Open interest$1.09M

Rate+0.0050%

APR+11%

Interval / next payout4h / 13m

OKX

LighterSHORT

Bid / ask— / —

Mark price0.17545

Volume 24h$1.93M

Open interest$1.25M

Rate+0.1432%

APR+1254%

Interval / next payout1h / 13m

Lighter

Spread from our samples

spread over the period: from -475% to 2798% APR, 102 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.