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−0.0820%/8h
paid, last 24h−0.007%paid, last 7 days−0.252%to open and close $10k−$129
Long on LighterShort on BingX
The current rate is far above what this pair has been paying: over the last 7 days it paid -0.252% in total (about -13.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RAY1.80930.0920pay 0.0115% / 1h46m 41s$329K$145K5x
ShortBingX RAY-USDT1.80120.0100get 0.0050% / 4h46m 41s—$2.1M—

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$172.2
Slippage, 4 orders
−$118.69
Fee Lighter: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
−$300.89
Break-even
never at this rate
Slippage from Lighter: live order book, 59 min ago; BingX: live order book, 8 min ago.

Price risk

price view
Price gap now
−0.448%
Avg gap 7d
−0.185%
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 Lighter live order book, 59 min ago16.28 bp68.7 bp −$69138.0 bp −$1,380doesn't fitdoesn't fit
Sell BingX live order book, 8 min ago3.07 bp16.5 bp −$1639.1 bp −$391326.4 bp −$32.6K721.2 bp −$360.6K

RAY on 16 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_RAYUSD−0.1279%1h$85K$350K10xas long as short
Variational Omni RAY−0.0681%4h$617K$867K—as long as short
MEXC RAY_USDT−0.0409%8h$14.1M$2.0M100xas long as short
Bullet RAY-USD−0.0191%1h$106K$47K10xas long as short
OKX RAY-USDT-SWAP−0.0102%8h$4.4M$12.1M20xas long as short
gTrade (Gains Network) RAY/USDL +0.0001% / S +0.0056%1h$2K—150xas long as short
BloFin RAY-USDT+0.0020%8h$252K$740K20xas long as short
Injective RAY/USDC PERP+0.0033%1h$266$255.5xas long as short
KuCoin RAYUSDTM+0.0098%4h$2.1M$578K50xas long as short
Gate RAY_USDT+0.0100%4h$589K$772K25xas long as short
Show all 16 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bitget RAYUSDT+0.0100%4h$2.7M$2.9M25xas long as short
BingX RAY-USDTshort+0.0100%4h—$2.1M—
Orderly PERP_RAY_USDC+0.0100%4h$237K$149K10xas long as short
SunX RAY-USDT+0.0100%4h—$2.6M10xas long as short
HTX RAY-USDT+0.0100%4h$15K$239K20xas long as short
Lighter RAYlong+0.0920%1h$329K$145K5x