data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Funding arb /

RAY

all RAY markets
SwapPrice view
Alert
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 16:00 UTC−0.0061%/8h
paid, last 24h−0.012%paid, last 7 days−0.058%to open and close $10k−$74
Long on BitgetShort on OKX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget RAYUSDT1.77740.0100pay 0.0050% / 4h2h 36m$2.7M$2.6M25x
ShortOKX RAY-USDT-SWAP1.77560.0039get 0.0039% / 8h2h 36m$4.4M$10.7M20x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$12.91
Slippage, 4 orders
−$52.28
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$87.18
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; OKX: live order book, 3 min ago.

Price risk

price view
Price gap now
−0.101%
Avg gap 7d
−0.023%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago3.36 bp18.0 bp −$1864.5 bp −$645doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago1.12 bp23.4 bp −$23149.1 bp −$1,491doesn't fitdoesn't fit

RAY on 16 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Variational Omni RAY−0.1001%4h$362K$609K—as long as short
gTrade (Gains Network) RAY/USDL +0.0001% / S +0.0056%1h$1K—150xas long as short
Injective RAY/USDC PERP+0.0033%1h$266$255.5xas long as short
OKX RAY-USDT-SWAPshort+0.0039%8h$4.4M$10.7M20x
MEXC RAY_USDT+0.0050%8h$14.7M$1.9M100xas long as short
Bullet RAY-USD+0.0056%1h$104K$46K10xas long as short
Gate RAY_USDT+0.0100%4h$603K$757K25xas long as short
KuCoin RAYUSDTM+0.0100%4h$2.0M$462K50xas long as short
Bitget RAYUSDTlong+0.0100%4h$2.7M$2.6M25x
BingX RAY-USDT+0.0100%4h—$2.1M—as long as short
Show all 16 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Orderly PERP_RAY_USDC+0.0100%4h$228K$130K10xas long as short
SunX RAY-USDT+0.0100%4h—$2.1M10xas long as short
HTX RAY-USDT+0.0100%4h$19K$248K20xas long as short
BloFin RAY-USDT+0.0161%8h$255K$508K20xas long as short
Lighter RAY+0.0544%1h$328K$132K5xas long as short
Kraken Futures PF_RAYUSD+0.1117%1h$107K$314K10xas long as short