LUNC: BingX → KuCoin

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

+167%

APR right now

Price gap

-0.022%

between legs

Average spread

+119%

over 24h from our own samples

Over 7 days

+119%

samples: 102

BingXLONG

Bid / ask0.00005523 / 0.00005527

Mark price0.00005526

Volume 24h$2.03M

Open interest—

Rate+0.0100%

APR+11%

Interval / next payout8h / 11m

BingX

KuCoinSHORT

Bid / ask— / —

Mark price0.000055258

Volume 24h$789.46K

Open interest$1.84M

Rate+0.1622%

APR+178%

Interval / next payout8h / 11m

KuCoin

Spread from our samples

spread over the period: from 0% to 167% APR, 102 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.