GEOD: MEXC → 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

-13%

APR right now

Price gap

-0.576%

between legs

Average spread

-13%

over 24h from our own samples

Over 7 days

-13%

samples: 109

MEXCLONG

Bid / ask0.2572 / 0.2603

Mark price0.2598

Volume 24h$81.13K

Open interest$16.40K

Rate+0.0200%

APR+44%

Interval / next payout4h / 3h 20m

MEXC

BingXSHORT

Bid / ask0.2588 / 0.2634

Mark price0.2611

Volume 24h$597.69K

Open interest—

Rate+0.0140%

APR+31%

Interval / next payout4h / 3h 20m

BingX

Spread from our samples

spread over the period: from -13% to 0% 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.