DEEP: 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

+0%

APR right now

Price gap

+0.050%

between legs

Average spread

+0%

over 24h from our own samples

Over 7 days

+0%

samples: 120

BybitLONG

Bid / ask0.02002 / 0.02003

Mark price0.02002

Volume 24h$2.72M

Open interest$4.30M

Rate+0.0100%

APR+11%

Interval / next payout8h / 5h 22m

Bybit

MEXCSHORT

Bid / ask0.02004 / 0.02006

Mark price0.02006

Volume 24h$496.55K

Open interest$1.13M

Rate+0.0050%

APR+11%

Interval / next payout4h / 1h 22m

MEXC

Spread from our samples

spread over the period: from 0% to 0% 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.