RAY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.041%

Price spread now: BingX against KuCoin0.000%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$89as in the Funding arb table

Net, price: spread back to 7d avg − costs−$116as in the Price arb table

costs, in and out, $10k−$1161.162% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.274%+$27 on $10k

Price spread, last 7 days−0.066%−$7 · spread now 0.000%, 7d avg +0.001%

Together, before fees+0.208%+$21 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin RAYUSDTM	1.7544	0.0100	pay 0.0050% / 4h	36m 30s	$1.8M	$830K	50x
Short	BingX RAY-USDT	1.7544	0.0100	get 0.0050% / 4h	36m 30s	—	$2.0M	—

Funding history

latest

Range statsloading…

BingX against KuCoin. 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 KuCoinbpFee BingXbpOrdersPrice spread, now 0.000%Rate

Slippage from KuCoin: live order book, 10 min ago; BingX: live order book, 11 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 10 min ago	9.37 bp	52.9 bp −$53	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 11 min ago	2.84 bp	15.1 bp −$15	29.3 bp −$293	249.3 bp −$24.9K	659.5 bp −$329.8K

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	1.7541	−0.016%	$3K	—	150x	as long as short
Injective RAY/USDC PERP	+0.0033%	1h	1.6428	−6.361%	$266	$25	5.5x	as long as short
OKX RAY-USDT-SWAP	+0.0100%	8h	1.7529	−0.085%	$4.2M	$12.7M	20x	as long as short
Gate RAY_USDT	+0.0100%	4h	1.7546	+0.011%	$548K	$1.2M	25x	as long as short
KuCoin RAYUSDTMlong	+0.0100%	4h	1.7544	long leg	$1.8M	$830K	50x
Bitget RAYUSDT	+0.0100%	4h	1.7552	+0.046%	$2.6M	$4.0M	25x	as long as short
BingX RAY-USDTshort	+0.0100%	4h	1.7544	0.000%	—	$2.0M	—
Variational Omni RAY	+0.0100%	4h	1.7619	+0.425%	$657K	$872K	—	as long as short
Bullet RAY-USD	+0.0100%	1h	1.7554	+0.057%	$66K	$28K	10x	as long as short
SunX RAY-USDT	+0.0100%	4h	1.7547	+0.017%	—	$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	1.7596	+0.296%	$13K	$90K	20x	as long as short
BloFin RAY-USDT	+0.0220%	8h	1.7544	0.000%	$239K	$874K	20x	as long as short
Lighter RAY	+0.0256%	1h	1.7573	+0.165%	$233K	$326K	5x	as long as short
MEXC RAY_USDT	+0.0869%	8h	1.7550	+0.034%	$11.7M	$2.5M	100x	as long as short
Kraken Futures PF_RAYUSD	+0.1615%	1h	1.7615	+0.407%	$93K	$385K	10x	as long as short
Orderly PERP_RAY_USDC	+0.2230%	4h	1.7580	+0.205%	$310K	$396K	10x	as long as short