RAY

Alert

Funding spread now, next payment 16:00 UTC+0.0143%/8h

paid, last 24h−0.008%paid, last 4 days−0.094%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX RAY-USDT-SWAP	1.7794	−0.0109	get 0.0109% / 8h	3m 07s	$4.4M	$11.9M	20x
Short	Injective RAY/USDC PERP	1.6428	0.0033	get 0.0004% / 1h	3m 07s	$266	$25	5.5x

Funding history

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee InjectivebpOrdersRate

Funding earned: $29.94
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $19.92
Break-even: 2.3 days

Slippage unknown: OKX: live order book, 2 min ago; Injective: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −7.677%
Avg gap 7d: —

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, 2 min ago	1.40 bp	28.2 bp −$28	172.6 bp −$1,726	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

RAY on 16 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Kraken Futures PF_RAYUSD	−0.1300%	1h	$97K	$367K	10x	as long as short
Variational Omni RAY	−0.0725%	4h	$631K	$889K	—	as long as short
MEXC RAY_USDT	−0.0312%	8h	$13.8M	$2.1M	100x	as long as short
Bullet RAY-USD	−0.0245%	1h	$105K	$47K	10x	as long as short
OKX RAY-USDT-SWAPlong	−0.0109%	8h	$4.4M	$11.9M	20x
KuCoin RAYUSDTM	−0.0004%	4h	$2.1M	$605K	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	+0.0012%	8h	$254K	$800K	20x	as long as short
Injective RAY/USDC PERPshort	+0.0033%	1h	$266	$25	5.5x
Gate RAY_USDT	+0.0100%	4h	$591K	$800K	25x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bitget RAYUSDT	+0.0100%	4h	$2.6M	$2.8M	25x	as long as short
BingX RAY-USDT	+0.0100%	4h	—	$2.0M	—	as long as short
Orderly PERP_RAY_USDC	+0.0100%	4h	$236K	$150K	10x	as long as short
SunX RAY-USDT	+0.0100%	4h	—	$2.7M	10x	as long as short
HTX RAY-USDT	+0.0100%	4h	$14K	$223K	20x	as long as short
Lighter RAY	+0.0288%	1h	$321K	$150K	5x	as long as short