SONIC: Bybit → MEXC

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

+131%

APR right now

Price gap

-0.114%

between legs

Average spread

+141%

over 24h from our own samples

Over 7 days

+141%

samples: 102

BybitLONG

Bid / ask0.02623 / 0.02626

Mark price0.02625

Volume 24h$748.99K

Open interest$995.70K

Rate+0.0050%

APR+11%

Interval / next payout4h / 11m

Bybit

MEXCSHORT

Bid / ask0.02623 / 0.02624

Mark price0.02625

Volume 24h$130.73K

Open interest$849.96K

Rate+0.0647%

APR+142%

Interval / next payout4h / 11m

MEXC

Spread from our samples

spread over the period: from 0% to 179% APR, 102 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.