LSK: MEXC → Bybit

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

-152%

APR right now

Price gap

+0.212%

between legs

Average spread

-1%

over 24h from our own samples

Over 7 days

-1%

samples: 120

MEXCLONG

Bid / ask0.34884 / 0.34894

Mark price0.349

Volume 24h$2.50M

Open interest$8.13M

Rate-0.0454%

APR-398%

Interval / next payout1h / 23m

MEXC

BybitSHORT

Bid / ask0.34968 / 0.34969

Mark price0.34969

Volume 24h$20.91M

Open interest$9.50M

Rate-0.0628%

APR-550%

Interval / next payout1h / 23m

Bybit

Spread from our samples

spread over the period: from -2712% to 369% 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.