RAY

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.177%

Price spread now: Variational Omni against BloFin+0.021%7-day average +0.002% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.234%−$23 on $10k

Price spread, last 3 days (all we have)−0.163%−$16 · spread now +0.021%, 7d avg +0.002%

Together, before fees−0.397%+ Points / potential airdropVariational Omni: Active · farm board−$40 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin RAY-USDT	1.7986	0.0220	pay 0.0220% / 8h	7h 40m	$255K	$859K	20x
Short	Variational Omni RAY	1.7990	0.0100	get 0.0050% / 4h	3h 40m	$705K	$1.0M	—

Funding history

latest

Range statsloading…

Variational Omni against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee BloFinbpFee Variational OmnibpOrdersPrice spread, now +0.021%Rate

Slippage unknown: BloFin: live order book, 31 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 31 min ago	0.55 bp	17.9 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 3 min ago	4.94 bp	doesn't fit	54.5 bp −$545	doesn't fit	doesn't fit

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
Kraken Futures PF_RAYUSD	−0.1819%	1h	1.7970	−0.090%	$95K	$434K	10x	as long as short
gTrade (Gains Network) RAY/USD	L +0.0001% / S +0.0056%	1h	1.8010	+0.132%	$2K	—	150x	as long as short
MEXC RAY_USDT	+0.0017%	8h	1.8013	+0.150%	$12.7M	$2.5M	100x	as long as short
Injective RAY/USDC PERP	+0.0033%	1h	1.6428	−8.662%	$266	$25	5.5x	as long as short
OKX RAY-USDT-SWAP	+0.0100%	8h	1.8005	+0.106%	$4.5M	$13.1M	20x	as long as short
Gate RAY_USDT	+0.0100%	4h	1.8007	+0.117%	$561K	$1.1M	25x	as long as short
KuCoin RAYUSDTM	+0.0100%	4h	1.8012	+0.145%	$2.0M	$763K	50x	as long as short
Bitget RAYUSDT	+0.0100%	4h	1.8018	+0.178%	$2.6M	$3.6M	25x	as long as short
BingX RAY-USDT	+0.0100%	4h	1.8008	+0.122%	—	$2.1M	—	as long as short
Variational Omni RAYshort	+0.0100%	4h	1.7990	+0.021%	$705K	$1.0M	—

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet RAY-USD	+0.0100%	1h	1.8015	+0.161%	$106K	$44K	10x	as long as short
SunX RAY-USDT	+0.0100%	4h	1.7991	+0.028%	—	$2.6M	10x	as long as short
HTX RAY-USDT	+0.0100%	4h	1.7982	−0.022%	$15K	$112K	20x	as long as short
Lighter RAY	+0.0136%	1h	1.8040	+0.300%	$274K	$278K	5x	as long as short
BloFin RAY-USDTlong	+0.0220%	8h	1.7986	long leg	$255K	$859K	20x
Orderly PERP_RAY_USDC	+0.0553%	4h	1.8034	+0.267%	$250K	$242K	10x	as long as short