CELR: Binance → BingX

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

+247%

APR right now

Price gap

-0.090%

between legs

Average spread

+338%

over 24h from our own samples

Over 7 days

+338%

samples: 109

BinanceLONG

Bid / ask— / —

Mark price0.00325

Volume 24h$53.56M

Open interest—

Rate-0.6298%

APR-690%

Interval / next payout8h / 7h 19m

Binance

BingXSHORT

Bid / ask0.003247 / 0.00325

Mark price0.003247

Volume 24h$2.70M

Open interest—

Rate-0.4040%

APR-442%

Interval / next payout8h / 7h 19m

BingX

Spread from our samples

spread over the period: from 0% to 395% APR, 109 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.