PLAYSOUT: Bybit → 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

+0%

APR right now

Price gap

+0.070%

between legs

Average spread

+26%

over 24h from our own samples

Over 7 days

+26%

samples: 120

BybitLONG

Bid / ask0.0285 / 0.02853

Mark price0.02851

Volume 24h$1.33M

Open interest$454.74K

Rate+0.0050%

APR+11%

Interval / next payout4h / 1h 23m

Bybit

BingXSHORT

Bid / ask0.02855 / 0.02859

Mark price0.02857

Volume 24h$1.74M

Open interest—

Rate+0.0050%

APR+11%

Interval / next payout4h / 1h 23m

BingX

Spread from our samples

spread over the period: from 0% to 87% 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.