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

RAY

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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+0.1093%/8h
paid, last 24h+0.074%paid, last 7 days+1.246%to open and close $10k−$103
Long on MEXCShort on Lighter
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC RAY_USDT1.7856−0.0549get 0.0549% / 8h39m 45s$13.9M$2.1M100x
ShortLighter RAY1.79210.0544get 0.0068% / 1h39m 45s$326K$146K5x

Funding history

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Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$229.53
Slippage, 4 orders
−$99.3
Fee MEXC: 2 bp × 2 orders
−$4
Fee Lighter: 0 bp × 2 orders
$0
Net
$126.23
Break-even
3.2 days
Slippage from MEXC: live order book, 5 min ago; Lighter: live order book, 1 min ago.

Price risk

price view
Price gap now
+0.364%
Avg gap 7d
+0.186%
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 MEXC live order book, 5 min ago1.95 bp6.5 bp −$656.6 bp −$566132.8 bp −$13.3Kdoesn't fit
Sell Lighter live order book, 1 min ago9.49 bp19.9 bp −$20114.3 bp −$1,143doesn't fitdoesn't fit

RAY on 16 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_RAYUSD−0.1290%1h$85K$352K10xas long as short
Variational Omni RAY−0.0626%4h$615K$870K—as long as short
MEXC RAY_USDTlong−0.0549%8h$13.9M$2.1M100x
Bullet RAY-USD−0.0379%1h$106K$47K10xas long as short
OKX RAY-USDT-SWAP−0.0108%8h$4.4M$11.9M20xas long as short
gTrade (Gains Network) RAY/USDL +0.0001% / S +0.0056%1h$2K—150xas long as short
BloFin RAY-USDT+0.0013%8h$251K$736K20xas long as short
Injective RAY/USDC PERP+0.0033%1h$266$255.5xas long as short
KuCoin RAYUSDTM+0.0078%4h$2.1M$594K50xas long as short
Gate RAY_USDT+0.0100%4h$584K$776K25xas 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-USDT+0.0100%4h—$2.1M—as long as short
Orderly PERP_RAY_USDC+0.0100%4h$237K$151K10xas long as short
SunX RAY-USDT+0.0100%4h—$2.6M10xas long as short
HTX RAY-USDT+0.0100%4h$15K$237K20xas long as short
Lighter RAYshort+0.0544%1h$326K$146K5x