LIT: OKX → Lighter

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

+81%

APR right now

Price gap

+0.057%

between legs

Average spread

+152%

over 24h from our own samples

Over 7 days

+152%

samples: 121

OKXLONG

Bid / ask4.7035 / 4.704

Mark price4.7033

Volume 24h$61.62M

Open interest$25.39M

Rate+0.0016%

APR+3%

Interval / next payout4h / 1h 16m

OKX

LighterSHORT

Bid / ask— / —

Mark price4.7067

Volume 24h$28.76M

Open interest$58.69M

Rate+0.0096%

APR+84%

Interval / next payout1h / 16m

Lighter

Spread from our samples

spread over the period: from 0% to 504% 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.