Settings8H · net · $10k
Funding arb · Price arb /

RAY

all RAY markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against HTX0.000%7-day average +0.004% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.124%−$12 on $10k
Price spread, last 3 days (all we have)−0.099%−$10 · spread now 0.000%, 7d avg +0.004%
Together, before fees−0.223%−$22 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX RAY-USDT1.82810.0100pay 0.0050% / 4h2h 24m$15K$148K20x
ShortGate RAY_USDT1.82810.0100get 0.0050% / 4h2h 24m$580K$1.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against HTX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
$0
Price spread: 0.000% → +0.004%
−$0.4
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$27.4
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 62 min ago; Gate: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 62 min ago65.14 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 3 min ago7.93 bp46.9 bp −$47doesn't fitdoesn't fitdoesn't fit

RAY on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_RAYUSD−0.0047%1h1.8269−0.064%$108K$433K10xas long as short
gTrade (Gains Network) RAY/USDL +0.0001% / S +0.0056%1h1.8286+0.027%$1K150xas long as short
Injective RAY/USDC PERP+0.0033%1h1.6428−10.136%$266$255.5xas long as short
MEXC RAY_USDT+0.0050%8h1.8293+0.066%$13.6M$2.5M100xas long as short
OKX RAY-USDT-SWAP+0.0100%8h1.8291+0.055%$4.6M$13.2M20xas long as short
Gate RAY_USDTshort+0.0100%4h1.82810.000%$580K$1.1M25x
KuCoin RAYUSDTM+0.0100%4h1.8286+0.027%$2.0M$761K50xas long as short
Bitget RAYUSDT+0.0100%4h1.8296+0.082%$2.6M$3.4M25xas long as short
BingX RAY-USDT+0.0100%4h1.8293+0.066%$2.0Mas long as short
Variational Omni RAY+0.0100%4h1.8316+0.193%$722K$1.1Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bullet RAY-USD+0.0100%1h1.8295+0.077%$107K$46K10xas long as short
SunX RAY-USDT+0.0100%4h1.8304+0.126%$2.6M10xas long as short
HTX RAY-USDTlong+0.0100%4h1.8281long leg$15K$148K20x
BloFin RAY-USDT+0.0220%8h1.8276−0.027%$257K$853K20xas long as short
Orderly PERP_RAY_USDC+0.0392%4h1.8312+0.170%$254K$237K10xas long as short
Lighter RAY+0.0720%1h1.8326+0.246%$305K$262K5xas long as short