Q: Bitget → 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

+119%

APR right now

Price gap

-0.444%

between legs

Average spread

+84%

over 24h from our own samples

Over 7 days

+84%

samples: 108

BitgetLONG

Bid / ask0.025437 / 0.025463

Mark price0.025378

Volume 24h$128.18K

Open interest$2.26M

Rate+0.0050%

APR+11%

Interval / next payout4h / 3h 23m

Bitget

BingXSHORT

Bid / ask0.02535 / 0.025512

Mark price0.025429

Volume 24h$1.27M

Open interest—

Rate+0.0591%

APR+129%

Interval / next payout4h / 3h 23m

BingX

Spread from our samples

spread over the period: from 0% to 161% 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.