MUBARAK: Gate → 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

-120%

APR right now

Price gap

-0.131%

between legs

Average spread

+87%

over 24h from our own samples

Over 7 days

+87%

samples: 121

GateLONG

Bid / ask— / —

Mark price0.04586

Volume 24h$5.37M

Open interest$3.62M

Rate+0.0697%

APR+153%

Interval / next payout4h / 1h 17m

Gate

KuCoinSHORT

Bid / ask— / —

Mark price0.0458

Volume 24h$1.14M

Open interest$1.70M

Rate+0.0151%

APR+33%

Interval / next payout4h / 1h 17m

KuCoin

Spread from our samples

spread over the period: from -197% to 179% 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.