ONT: OKX → BingX

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

+117%

APR right now

Price gap

-0.053%

between legs

Average spread

+176%

over 24h from our own samples

Over 7 days

+176%

samples: 121

OKXLONG

Bid / ask0.05654 / 0.05656

Mark price0.05653

Volume 24h$922.50K

Open interest$803.89K

Rate+0.0050%

APR+11%

Interval / next payout4h / 1h 15m

OKX

BingXSHORT

Bid / ask0.05653 / 0.05657

Mark price0.05655

Volume 24h$2.31M

Open interest—

Rate+0.0582%

APR+127%

Interval / next payout4h / 1h 15m

BingX

Spread from our samples

spread over the period: from 0% to 425% 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.