RAY

Alert

Funding spread now, next payment 20:00 UTC+0.0203%/8h

paid, last 24h+0.034%paid, last 7 days+0.078%to open and close $10k−$100

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.078% in total (about 4.0% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX RAY-USDT-SWAP	1.7881	−0.0103	get 0.0103% / 8h	7h 23m	$4.5M	$11.6M	20x
Short	Bitget RAYUSDT	1.7910	0.0100	get 0.0050% / 4h	3h 23m	$2.6M	$2.7M	25x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee BitgetbpOrdersRate

Funding earned: $42.64
Slippage, 4 orders: −$78.06
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$57.42
Break-even: 16.4 days

Slippage from OKX: live order book, 1 min ago; Bitget: live order book, 5 min ago.

Price risk

price view

Price gap now: +0.162%
Avg gap 7d: +0.024%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 1 min ago	2.53 bp	31.1 bp −$31	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	3.09 bp	22.9 bp −$23	68.1 bp −$681	doesn't fit	doesn't fit

RAY on 16 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Variational Omni RAY	−0.0660%	4h	$670K	$908K	—	as long as short
OKX RAY-USDT-SWAPlong	−0.0103%	8h	$4.5M	$11.6M	20x
KuCoin RAYUSDTM	−0.0076%	4h	$2.1M	$607K	50x	as long as short
gTrade (Gains Network) RAY/USD	L +0.0001% / S +0.0056%	1h	$2K	—	150x	as long as short
BloFin RAY-USDT	+0.0015%	8h	$256K	$804K	20x	as long as short
Injective RAY/USDC PERP	+0.0033%	1h	$266	$25	5.5x	as long as short
MEXC RAY_USDT	+0.0050%	8h	$13.9M	$2.0M	100x	as long as short
Bullet RAY-USD	+0.0068%	1h	$105K	$47K	10x	as long as short
Gate RAY_USDT	+0.0100%	4h	$638K	$807K	25x	as long as short
Bitget RAYUSDTshort	+0.0100%	4h	$2.6M	$2.7M	25x

Show all 16 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
BingX RAY-USDT	+0.0100%	4h	—	$2.0M	—	as long as short
Orderly PERP_RAY_USDC	+0.0100%	4h	$235K	$158K	10x	as long as short
SunX RAY-USDT	+0.0100%	4h	—	$2.6M	10x	as long as short
HTX RAY-USDT	+0.0100%	4h	$14K	$214K	20x	as long as short
Lighter RAY	+0.0568%	1h	$346K	$182K	5x	as long as short
Kraken Futures PF_RAYUSD	+0.0778%	1h	$82K	$365K	10x	as long as short