Funding you earn now, next payment 22:00 UTC−0.0156%/8h= −17.0% APRpaid last 24h +0.117%
Price spread now: gTrade (Gains Network) against Variational Omni−0.984%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and gTrade (Gains Network) is 0.984% cheaper against Variational Omni than usual: you would sell low and buy high (−$98 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni RAY | 1.8358 | 0.0100 | pay 0.0050% / 4h | 2h 51m | $724K | $1.1M | — |
| Short | gTrade (Gains Network) RAY/USD | 1.8178 | L +0.0001% / S +0.0056% | pay 0.0007% / 1h | 51m 44s | $1K | — | 150x |
Variational Omni RAY
gTrade (Gains Network) RAY/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Variational Omni. 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
- −$32.67
- Price spread: −0.984% → 0.000%
- −$98.43
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$141.11
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
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 Variational Omni RFQ quote, 2 min ago | 3.01 bp | doesn't fit | 100.0 bp −$1,000 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0047% | 1h | 1.8182 | −0.962% | $107K | $432K | 10x | as long as short |
| gTrade (Gains Network) RAY/USDshort | L +0.0001% / S +0.0056% | 1h | 1.8178 | −0.984% | $1K | — | 150x | |
| Injective RAY/USDC PERP | +0.0033% | 1h | 1.6428 | −10.515% | $266 | $25 | 5.5x | as long as short |
| MEXC RAY_USDT | +0.0050% | 8h | 1.8179 | −0.977% | $13.5M | $2.5M | 100x | as long as short |
| OKX RAY-USDT-SWAP | +0.0100% | 8h | 1.8200 | −0.863% | $4.6M | $13.1M | 20x | as long as short |
| Gate RAY_USDT | +0.0100% | 4h | 1.8169 | −1.032% | $582K | $1.1M | 25x | as long as short |
| KuCoin RAYUSDTM | +0.0100% | 4h | 1.8179 | −0.977% | $2.0M | $759K | 50x | as long as short |
| Bitget RAYUSDT | +0.0100% | 4h | 1.8198 | −0.874% | $2.6M | $3.3M | 25x | as long as short |
| Variational Omni RAYlong | +0.0100% | 4h | 1.8358 | long leg | $724K | $1.1M | — | |
| Bullet RAY-USD | +0.0100% | 1h | 1.8175 | −0.997% | $107K | $46K | 10x | as long as short |
Kraken Futures PF_RAYUSD
Injective RAY/USDC PERP
MEXC RAY_USDT
OKX RAY-USDT-SWAP
Gate RAY_USDT
KuCoin RAYUSDTM
Bitget RAYUSDT
Bullet RAY-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX RAY-USDT | +0.0100% | 4h | 1.8174 | −1.004% | — | $2.6M | 10x | as long as short |
| HTX RAY-USDT | +0.0100% | 4h | 1.8222 | −0.743% | $15K | $155K | 20x | as long as short |
| BloFin RAY-USDT | +0.0220% | 8h | 1.8233 | −0.683% | $257K | $847K | 20x | as long as short |
| Orderly PERP_RAY_USDC | +0.0312% | 4h | 1.8201 | −0.857% | $252K | $232K | 10x | as long as short |
| Lighter RAY | +0.0320% | 1h | 1.8216 | −0.776% | $321K | $243K | 5x | as long as short |
| BingX RAY-USDT | +0.0382% | 4h | 1.8188 | −0.928% | — | $2.0M | — | as long as short |
SunX RAY-USDT
HTX RAY-USDT
BloFin RAY-USDT
Orderly PERP_RAY_USDC
Lighter RAY
BingX RAY-USDT