RAY

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.031%

Price spread now: Bullet against Gate+0.061%7-day average +0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$174as in the Price arb table

costs, in and out, $10k−$1751.748% of the position

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.022%−$2 on $10k

Price spread, last 3 days (all we have)+0.479%+$48 · spread now +0.061%, 7d avg +0.053%

Together, before fees+0.457%+$46 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate RAY_USDT	1.8151	0.0100	pay 0.0050% / 4h	34m 34s	$564K	$1.1M	25x
Short	Bullet RAY-USD	1.8162	0.0100	get 0.0013% / 1h	34m 34s	$107K	$45K	10x

Funding history

latest

Range statsloading…

Bullet against Gate. 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 GatebpFee BulletbpOrdersPrice spread, now +0.061%Rate

Slippage from Gate: live order book, 3 min ago; Bullet: live order book, 44 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 3 min ago	7.17 bp	69.3 bp −$69	doesn't fit	doesn't fit	doesn't fit
Sell Bullet live order book, 44 min ago	1.62 bp	7.3 bp −$7	11.4 bp −$114	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	−0.2416%	1h	1.8162	+0.060%	$96K	$437K	10x	as long as short
gTrade (Gains Network) RAY/USD	L +0.0001% / S +0.0056%	1h	1.8163	+0.067%	$2K	—	150x	as long as short
Injective RAY/USDC PERP	+0.0033%	1h	1.6428	−9.493%	$266	$25	5.5x	as long as short
MEXC RAY_USDT	+0.0050%	8h	1.8156	+0.028%	$13.1M	$2.5M	100x	as long as short
OKX RAY-USDT-SWAP	+0.0100%	8h	1.8124	−0.149%	$4.6M	$13.0M	20x	as long as short
Gate RAY_USDTlong	+0.0100%	4h	1.8151	long leg	$564K	$1.1M	25x
KuCoin RAYUSDTM	+0.0100%	4h	1.8163	+0.066%	$2.0M	$751K	50x	as long as short
Bitget RAYUSDT	+0.0100%	4h	1.8134	−0.094%	$2.6M	$3.6M	25x	as long as short
BingX RAY-USDT	+0.0100%	4h	1.8155	+0.022%	—	$2.0M	—	as long as short
Variational Omni RAY	+0.0100%	4h	1.8179	+0.154%	$722K	$1.0M	—	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet RAY-USDshort	+0.0100%	1h	1.8162	+0.061%	$107K	$45K	10x
SunX RAY-USDT	+0.0100%	4h	1.8165	+0.077%	—	$2.6M	10x	as long as short
HTX RAY-USDT	+0.0100%	4h	1.8144	−0.039%	$15K	$123K	20x	as long as short
BloFin RAY-USDT	+0.0220%	8h	1.8169	+0.099%	$260K	$857K	20x	as long as short
Lighter RAY	+0.0448%	1h	1.8196	+0.248%	$289K	$254K	5x	as long as short
Orderly PERP_RAY_USDC	+0.0596%	4h	1.8192	+0.226%	$252K	$247K	10x	as long as short