GMX: Bitget → Hyperliquid

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

+11%

APR right now

Price gap

-0.021%

between legs

Average spread

+20%

over 24h from our own samples

Over 7 days

+20%

samples: 120

BitgetLONG

Bid / ask8.065 / 8.075

Mark price8.012

Volume 24h$203.40K

Open interest$419.25K

Rate+0.0100%

APR+11%

Interval / next payout8h / 5h 23m

Bitget

HyperliquidSHORT

Bid / ask8.0733 / 8.0996

Mark price8.0864

Volume 24h$155.13K

Open interest$902.74K

Rate+0.0025%

APR+22%

Interval / next payout1h / 23m

Hyperliquid

Spread from our samples

spread over the period: from 0% to 89% 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.