I recently encountered this gif:
Pretend that there are visible circles constructed along the paths of the smaller black and white "discs", tracing how their individual centers move as they revolve around the center of the whole design. These circles together form an imaginary sphere inside the design.
Assuming that the exact centers of each smaller "disc" are points moving along the sphere, and that they move in perfect circles at the same rate, how does the distance between the points change over a single revolution?
Are they equally distant from each other at all times, or is there a period in which they grow closer, which appears to happen when both "discs" enter the holes of the opposite color?



They are not, as the other answers point out. The simplest way (I think) to see it is the following:
The (spatial) distance oscillates between twice the radius ($2 r$) and $\sqrt{2} \,r$.