Settings8H · net · $10k
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Funding arb · Price arb / Crypto

RAY

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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Binance SpotRAYUSDT
1.6745spotno funding——$4.6M1xBuy Binance Spot
SHORT
BinanceRAYSOLUSDT
1.6734+0.0100get 0.0050% / 4h3h 44m$5.3M$27.5M75xShort Binance
Price gap−0.069%
Funding gap+0.0100% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.054% above its 7d average: +$5 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$44+0.0100% /8h now · paid −0.436% over the last 7D
Price+$5spread −0.069% now, avg −0.123% → +0.054% if it goes back
Costs−$790.790% of $10k · taker + slippage, in and out
Result−$117−1.17%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.069%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

RAY on 19 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size24.4 / 14.8 bp
    At $10k entering Binance Spot costs 24.4 bp, fee and slippage, 1.6× Binance’s.
  • Note: Spot in full, margin on the short$10,000 + $133
    The spot leg is bought with the whole $10k; Binance runs at up to 75x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Binance.
  • OK: Only the short pays funding— / 4h
    The spot leg pays no funding; Binance settles every 4h.
    Next 24h at the current rates, on $10k a leg: +$3.00Long Binance Spot: 0 payments, $0.00; short Binance: 6 payments, +$3.00.
  • OK: Entry gap works for you−0.069% vs −0.123%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Spot has no open interest$5.3M OI
    Only Binance reports one; the spot book's depth is in the cost check above.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBinance Spot Yes · Binance Yes
    Verified KYC to deposit or trade.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0207%/8h × 21 periods−$43.57
Price spread−0.069% → −0.123% (7d avg)+$5.39
Slippage, 4 orderslive order books−$49.03
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$117.20
Costs to cover0.790%Break-evennever at this rate
Slippage: Binance Spot: live order book, 1 min ago; Binance: live order book, 15 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance Spot3.5924.4 bp−$24155.7 bp−$1,557doesn’t fitdoesn’t fit
SELL · SHORTBinance0.6114.8 bp−$1542.3 bp−$423285.5 bp−$28.5Kdoesn’t fit

Closing costs about the same again.

Alert

RAY news

posts that mention RAY, from every exchange
11-03 07:08BinanceOtherLatest Withdrawal Update Withdrawals have now been re-enabled for the following networks and assets: New: ✅ ETH: ENA, USDE, PENDLE, WLD, QNT, SHIB, ZRO, FET, NIL, ONDO, ALT, SKY, LINK, ETHFI, REZ, JASMY, PUNDIX, BTC, BAT, STRK, POL, ANIME, LSK, RE, BREV, RLC, AMP, PLUME, BLUR, WBETH, ZBT, ENSO, AVA, TUSD ✅ SOL: USD1, PUMP, FDUSD, BMT, RENDER, RAY, TRUMP, MET, PENGU, JUP, PYTH, BONK, KMNO, BNSOL, ORCA, WIF, W, HUMA, JTO, IO, 2Z, BOME Already Enabled: ✅ ETH: RLUSD, USD1, TUSD, FDUSD, XUSD We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels. @binance on X ↗
09-29 19:03PhoenixListingNow live on Phoenix: $BP - 5x leverage $RAY - 5x leverage @PhoenixTrade on X ↗
09-29 18:36PhoenixListingnew market RAY ($RAY) seen by our collector