Funding spread now, next payment 16:00 UTC+0.1101%/8h
next payment, per $10,000+$5.50paid, last 24h+0.121%paid, last 3 days+0.229%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 3 days it paid 0.229% in total (about 29.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.50 per $10,000. 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 | Variational Omni RAY | 1.7733 | −0.1001 | get 0.0500% / 4h | 2h 40m | $362K | $609K | — |
| Short | Bitget RAYUSDT | 1.7837 | 0.0100 | get 0.0050% / 4h | 2h 40m | $2.7M | $2.6M | 25x |
Variational Omni RAY
Bitget RAYUSDTFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $231.12
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $219.12
- Break-even
- 0.4 days
Slippage unknown: Variational Omni: RFQ quote, 20 min ago; Bitget: live order book, 4 min ago. Net counts fees only.
Price risk
price view- Price gap now
- +0.584%
- Avg gap 7d
- +0.007%
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 20 min ago | 3.60 bp | doesn't fit | 97.4 bp −$974 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.53 bp | 15.9 bp −$16 | 61.0 bp −$610 | 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 RAYlong | −0.1001% | 4h | $362K | $609K | — | |
| MEXC RAY_USDT | −0.0634% | 8h | $14.7M | $1.9M | 100x | as long as short |
| gTrade (Gains Network) RAY/USD | L +0.0001% / S +0.0056% | 1h | $1K | — | 150x | as long as short |
| Injective RAY/USDC PERP | +0.0033% | 1h | $266 | $25 | 5.5x | as long as short |
| OKX RAY-USDT-SWAP | +0.0048% | 8h | $4.4M | $10.7M | 20x | as long as short |
| Gate RAY_USDT | +0.0100% | 4h | $604K | $756K | 25x | as long as short |
| KuCoin RAYUSDTM | +0.0100% | 4h | $2.0M | $460K | 50x | as long as short |
| Bitget RAYUSDTshort | +0.0100% | 4h | $2.7M | $2.6M | 25x | |
| BingX RAY-USDT | +0.0100% | 4h | — | $2.1M | — | as long as short |
| Bullet RAY-USD | +0.0100% | 1h | $105K | $46K | 10x | as long as short |
MEXC RAY_USDT
gTrade (Gains Network) RAY/USD
Injective RAY/USDC PERP
OKX RAY-USDT-SWAP
Gate RAY_USDT
KuCoin RAYUSDTM
BingX RAY-USDT
Bullet RAY-USDShow all 16 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Orderly PERP_RAY_USDC | +0.0100% | 4h | $229K | $130K | 10x | as long as short |
| SunX RAY-USDT | +0.0100% | 4h | — | $2.1M | 10x | as long as short |
| HTX RAY-USDT | +0.0100% | 4h | $19K | $248K | 20x | as long as short |
| BloFin RAY-USDT | +0.0173% | 8h | $255K | $506K | 20x | as long as short |
| Lighter RAY | +0.0552% | 1h | $328K | $132K | 5x | as long as short |
| Kraken Futures PF_RAYUSD | +0.1116% | 1h | $107K | $314K | 10x | as long as short |
Orderly PERP_RAY_USDC
SunX RAY-USDT
HTX RAY-USDT
BloFin RAY-USDT
Lighter RAY
Kraken Futures PF_RAYUSD