Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.024%
Price spread now: OKX against Bitget−0.023%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$930.928% of the position
Funding, last 7 days−0.078%−$8 on $10k
+Price spread, last 7 days−0.001%$0 · spread now −0.023%, 7d avg −0.027%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget RAYUSDT | 1.7523 | 0.0100 | pay 0.0050% / 4h | 59m 06s | $2.6M | $4.0M | 25x |
| Short | OKX RAY-USDT-SWAP | 1.7519 | 0.0100 | get 0.0100% / 8h | 59m 06s | $4.2M | $12.8M | 20x |
Bitget RAYUSDT
OKX RAY-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.023% → −0.027%
- $0.4
- Slippage, 4 orders
- −$70.78
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$92.37
- Costs to cover
- 0.928%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 4 min ago | 1.99 bp | 19.0 bp −$19 | 47.4 bp −$474 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.42 bp | 24.7 bp −$25 | 136.0 bp −$1,360 | doesn't fit | doesn't fit |
RAY on 16 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) RAY/USD | L +0.0001% / S +0.0056% | 1h | 1.7510 | −0.071% | $3K | — | 150x | as long as short |
| Injective RAY/USDC PERP | +0.0033% | 1h | 1.6428 | −6.249% | $266 | $25 | 5.5x | as long as short |
| OKX RAY-USDT-SWAPshort | +0.0100% | 8h | 1.7519 | −0.023% | $4.2M | $12.8M | 20x | |
| Gate RAY_USDT | +0.0100% | 4h | 1.7517 | −0.034% | $547K | $1.2M | 25x | as long as short |
| KuCoin RAYUSDTM | +0.0100% | 4h | 1.7517 | −0.034% | $1.9M | $826K | 50x | as long as short |
| Bitget RAYUSDTlong | +0.0100% | 4h | 1.7523 | long leg | $2.6M | $4.0M | 25x | |
| Variational Omni RAY | +0.0100% | 4h | 1.7502 | −0.117% | $655K | $887K | — | as long as short |
| Bullet RAY-USD | +0.0100% | 1h | 1.7517 | −0.037% | $66K | $28K | 10x | as long as short |
| SunX RAY-USDT | +0.0100% | 4h | 1.7517 | −0.034% | — | $2.4M | 10x | as long as short |
| HTX RAY-USDT | +0.0100% | 4h | 1.7490 | −0.188% | $12K | $91K | 20x | as long as short |
gTrade (Gains Network) RAY/USD
Injective RAY/USDC PERP
Gate RAY_USDT
KuCoin RAYUSDTM
Variational Omni RAY
Bullet RAY-USD
SunX RAY-USDT
HTX RAY-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin RAY-USDT | +0.0220% | 8h | 1.7511 | −0.068% | $240K | $875K | 20x | as long as short |
| Lighter RAY | +0.0296% | 1h | 1.7540 | +0.097% | $238K | $319K | 5x | as long as short |
| BingX RAY-USDT | +0.0792% | 4h | 1.7520 | −0.017% | — | $2.0M | — | as long as short |
| MEXC RAY_USDT | +0.0859% | 8h | 1.7528 | +0.029% | $11.7M | $2.5M | 100x | as long as short |
| Kraken Futures PF_RAYUSD | +0.1622% | 1h | 1.7544 | +0.121% | $86K | $376K | 10x | as long as short |
| Orderly PERP_RAY_USDC | +0.2271% | 4h | 1.7554 | +0.177% | $310K | $396K | 10x | as long as short |
BloFin RAY-USDT
Lighter RAY
BingX RAY-USDT
MEXC RAY_USDT
Kraken Futures PF_RAYUSD
Orderly PERP_RAY_USDC