CVC: Bybit → MEXC

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

-399%

APR right now

Price gap

+0.438%

between legs

Average spread

-114%

over 24h from our own samples

Over 7 days

-114%

samples: 120

BybitLONG

Bid / ask0.02736 / 0.02737

Mark price0.02736

Volume 24h$1.58M

Open interest$1.71M

Rate+0.0467%

APR+409%

Interval / next payout1h / 23m

Bybit

MEXCSHORT

Bid / ask0.02749 / 0.0275

Mark price0.0275

Volume 24h$129.27K

Open interest$656.60K

Rate+0.0050%

APR+11%

Interval / next payout4h / 1h 23m

MEXC

Spread from our samples

spread over the period: from -1267% to 102% 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.