Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.7147 | −0.0095 | get 0.0095% / 8h | 6h 08m | $2.8M | $7.5M | 20x | Long OKX | |
| SHORT | 1.7156 | +0.0100 | get 0.0050% / 4h | 2h 08m | $2.3M | $2.1M | 100x | Short MEXC |
Price gap+0.052%
Funding gap+0.0195% /8h
Both sides work: funding pays +$6 a day on $10k, and the gap is 0.057% above its 7d average: +$6 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$4+0.0195% /8h now · paid −0.035% over the last 7D
Price+$6spread +0.052% now, avg −0.004% → +0.057% if it goes back
Costs−$490.490% of $10k · taker + slippage, in and out
Result−$47−0.47%no points
The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.035% in total, about −0.0017%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.052%
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
/8hRAY on 19 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size18.7 / 4.0 bpAt $10k entering OKX costs 18.7 bp, fee and slippage, 4.6× MEXC’s.
- Note: Margin at max leverage$500 + $100OKX 20x, MEXC 100x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$5.84Long OKX: 3 payments, +$2.84; short MEXC: 6 payments, +$3.00.
- OK: Entry gap works for you+0.052% vs −0.004%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Short leg is thinner$2.3M vs $2.8M OIBoth legs are deep; MEXC is the smaller one.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCOKX Yes · MEXC YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0017%/8h × 21 periods−$3.52
Price spread+0.052% → −0.004% (7d avg)+$5.65
Slippage, 4 orderslive order books−$35.02
Fee OKX bp × 2 orders−$10.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$46.88
Costs to cover0.490%Break-evennever at this rate
Slippage: OKX: live order book, 2 min ago; MEXC: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX1.1718.7 bp−$19111.0 bp−$1,110doesn’t fitdoesn’t fit
SELL · SHORTMEXC2.044.0 bp−$49.5 bp−$95113.6 bp−$11.4Kdoesn’t fit
Closing costs about the same again.
RAY news
posts that mention RAY, from every exchange| 11-03 07:08 | Binance | Other | Latest 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 19:03 | Phoenix | Listing | Now live on Phoenix: $BP - 5x leverage $RAY - 5x leverage @PhoenixTrade on X ↗ |
| 09-29 18:36 | Phoenix | Listing | new market RAY ($RAY) seen by our collector |


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