GPRO: OKX → Bitget

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

-80%

APR right now

Price gap

+0.438%

between legs

Average spread

-12%

over 24h from our own samples

Over 7 days

-12%

samples: 108

OKXLONG

Bid / ask1.299 / 1.301

Mark price1.3

Volume 24h$702K

Open interest$536.34K

Rate+0.1023%

APR+112%

Interval / next payout8h / 7h 23m

OKX

BitgetSHORT

Bid / ask1.3067 / 1.3079

Mark price1.3071

Volume 24h$2.79M

Open interest$419.80K

Rate+0.0289%

APR+32%

Interval / next payout8h / 7h 23m

Bitget

Spread from our samples

spread over the period: from -80% to 0% APR, 108 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.