LINK: Bybit → Paradex

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

-0.736%

between legs

Average spread

+8%

over 24h from our own samples

Over 7 days

+8%

samples: 121

BybitLONG

Bid / ask13.047 / 13.048

Mark price13.048

Volume 24h$71.50M

Open interest$84.33M

Rate+0.0100%

APR+11%

Interval / next payout8h / 5h 16m

Bybit

ParadexSHORT

Bid / ask12.952 / 13.149

Mark price13.0522

Volume 24h$2.07K

Open interest$31.28K

Rate+0.0100%

APR+11%

Interval / next payout8h / 5h 16m

Paradex

Spread from our samples

spread over the period: from 0% to 32% APR, 121 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.