Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.034%
Price spread now: SunX against OKX+0.027%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1791.794% of the position
Funding, last 7 days+0.094%+$9 on $10k
+Price spread, last 3 days (all we have)−0.248%−$25 · spread now +0.027%, 7d avg +0.032%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX RAY-USDT-SWAP | 1.8426 | 0.0100 | pay 0.0100% / 8h | 1h 21m | $4.6M | $13.3M | 20x |
| Short | SunX RAY-USDT | 1.8431 | 0.0100 | get 0.0050% / 4h | 1h 21m | — | $2.6M | 10x |
OKX RAY-USDT-SWAP
SunX RAY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against OKX. 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: +0.027% → +0.032%
- −$0.51
- Slippage, 4 orders
- −$161.35
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$179.86
- Costs to cover
- 1.794%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; SunX: live order book, 6 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 OKX live order book, 2 min ago | 0.54 bp | 24.1 bp −$24 | 146.9 bp −$1,469 | doesn't fit | doesn't fit |
| Sell SunX live order book, 6 min ago | 45.81 bp | 64.6 bp −$65 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_RAYUSD | −0.2296% | 1h | 1.8382 | −0.236% | $99K | $443K | 10x | as long as short |
| gTrade (Gains Network) RAY/USD | L +0.0001% / S +0.0056% | 1h | 1.8432 | +0.030% | $2K | — | 150x | as long as short |
| Injective RAY/USDC PERP | +0.0033% | 1h | 1.6428 | −10.843% | $266 | $25 | 5.5x | as long as short |
| MEXC RAY_USDT | +0.0050% | 8h | 1.8435 | +0.049% | $13.5M | $2.5M | 100x | as long as short |
| Lighter RAY | +0.0096% | 1h | 1.8481 | +0.298% | $298K | $251K | 5x | as long as short |
| OKX RAY-USDT-SWAPlong | +0.0100% | 8h | 1.8426 | long leg | $4.6M | $13.3M | 20x | |
| Gate RAY_USDT | +0.0100% | 4h | 1.8433 | +0.038% | $575K | $1.1M | 25x | as long as short |
| KuCoin RAYUSDTM | +0.0100% | 4h | 1.8435 | +0.049% | $2.0M | $762K | 50x | as long as short |
| Bitget RAYUSDT | +0.0100% | 4h | 1.8440 | +0.076% | $2.7M | $3.5M | 25x | as long as short |
| BingX RAY-USDT | +0.0100% | 4h | 1.8443 | +0.092% | — | $2.0M | — | as long as short |
Kraken Futures PF_RAYUSD
gTrade (Gains Network) RAY/USD
Injective RAY/USDC PERP
MEXC RAY_USDT
Lighter RAY
Gate RAY_USDT
KuCoin RAYUSDTM
Bitget RAYUSDT
BingX RAY-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni RAY | +0.0100% | 4h | 1.8465 | +0.210% | $734K | $1.0M | — | as long as short |
| Bullet RAY-USD | +0.0100% | 1h | 1.8432 | +0.034% | $108K | $47K | 10x | as long as short |
| SunX RAY-USDTshort | +0.0100% | 4h | 1.8431 | +0.027% | — | $2.6M | 10x | |
| HTX RAY-USDT | +0.0100% | 4h | 1.8438 | +0.065% | $15K | $134K | 20x | as long as short |
| BloFin RAY-USDT | +0.0220% | 8h | 1.8395 | −0.168% | $260K | $866K | 20x | as long as short |
| Orderly PERP_RAY_USDC | +0.0488% | 4h | 1.8449 | +0.125% | $256K | $248K | 10x | as long as short |
Variational Omni RAY
Bullet RAY-USD
HTX RAY-USDT
BloFin RAY-USDT
Orderly PERP_RAY_USDC