CGNX: Bybit → OKX

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

+0%

APR right now

Price gap

-0.384%

between legs

Average spread

-3%

over 24h from our own samples

Over 7 days

-3%

samples: 121

BybitLONG

Bid / ask62.43 / 62.55

Mark price62.42

Volume 24h$49.86K

Open interest$24.70K

Rate+0.0000%

APR+0%

Interval / next payout8h / 5h 15m

Bybit

OKXSHORT

Bid / ask62.31 / 62.57

Mark price62.37

Volume 24h$167.39K

Open interest$28.80K

Rate+0.0000%

APR+0%

Interval / next payout8h / 5h 15m

OKX

Spread from our samples

spread over the period: from -36% to 0% APR, 121 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.