RAY

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Gate+0.034%7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$145as in the Funding arb table

Net, price: spread back to 7d avg − costs−$155as in the Price arb table

costs, in and out, $10k−$1561.556% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.108%+$11 on $10k

Price spread, last 7 days+0.034%+$3 · spread now +0.034%, 7d avg +0.030%

Together, before fees+0.142%+$14 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	1.7906	0.0100	pay 0.0050% / 4h	1h 40m	$555K	$1.1M	25x
Short	Bitget RAYUSDT	1.7912	0.0100	get 0.0050% / 4h	1h 40m	$2.6M	$3.7M	25x

Funding history

latest

Range statsloading…

Bitget 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 BitgetbpOrdersPrice spread, now +0.034%Rate

Slippage from Gate: live order book, 1 min ago; Bitget: live order book, 2 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, 1 min ago	5.87 bp	58.5 bp −$58	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	3.07 bp	18.7 bp −$19	62.4 bp −$624	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
gTrade (Gains Network) RAY/USD	L +0.0001% / S +0.0056%	1h	1.7899	−0.037%	$1K	—	150x	as long as short
Injective RAY/USDC PERP	+0.0033%	1h	1.6428	−8.254%	$266	$25	5.5x	as long as short
OKX RAY-USDT-SWAP	+0.0100%	8h	1.7896	−0.056%	$4.5M	$12.8M	20x	as long as short
Gate RAY_USDTlong	+0.0100%	4h	1.7906	long leg	$555K	$1.1M	25x
KuCoin RAYUSDTM	+0.0100%	4h	1.7913	+0.039%	$1.9M	$775K	50x	as long as short
Bitget RAYUSDTshort	+0.0100%	4h	1.7912	+0.034%	$2.6M	$3.7M	25x
BingX RAY-USDT	+0.0100%	4h	1.7915	+0.050%	—	$2.0M	—	as long as short
Variational Omni RAY	+0.0100%	4h	1.7900	−0.033%	$699K	$978K	—	as long as short
Bullet RAY-USD	+0.0100%	1h	1.7908	+0.011%	$67K	$66K	10x	as long as short
SunX RAY-USDT	+0.0100%	4h	1.7915	+0.050%	—	$2.4M	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX RAY-USDT	+0.0100%	4h	1.7925	+0.106%	$13K	$94K	20x	as long as short
Lighter RAY	+0.0168%	1h	1.7928	+0.123%	$264K	$285K	5x	as long as short
BloFin RAY-USDT	+0.0220%	8h	1.7890	−0.089%	$253K	$863K	20x	as long as short
MEXC RAY_USDT	+0.0242%	8h	1.7917	+0.061%	$12.5M	$2.4M	100x	as long as short
Orderly PERP_RAY_USDC	+0.0560%	4h	1.7909	+0.017%	$218K	$285K	10x	as long as short
Kraken Futures PF_RAYUSD	+0.0777%	1h	1.7914	+0.045%	$90K	$451K	10x	as long as short