PROVE: BingX → Bitget

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

-208%

APR right now

Price gap

-0.338%

between legs

Average spread

+222%

over 24h from our own samples

Over 7 days

+222%

samples: 108

BingXLONG

Bid / ask0.2365 / 0.2369

Mark price0.2368

Volume 24h$2.48M

Open interest—

Rate-0.2145%

APR-470%

Interval / next payout4h / 3h 23m

BingX

BitgetSHORT

Bid / ask0.2361 / 0.2364

Mark price0.2361

Volume 24h$4.84M

Open interest$756.30K

Rate-0.3096%

APR-678%

Interval / next payout4h / 3h 23m

Bitget

Spread from our samples

spread over the period: from -214% to 699% APR, 108 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.