After costs, if the gap returns to its 7d average, $10k−$50
spread now+0.114%7d average+0.018%fees + slippage, in and out−$60spread needed0.601%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX RAY-USDT | 1.7472 | 0.0100 | pay 0.0050% / 4h | 1h 53m | — | $2.1M | — |
| Short | Bitget RAYUSDT | 1.7492 | 0.0100 | get 0.0050% / 4h | 1h 53m | $2.6M | $2.7M | 25x |
BingX RAY-USDT
Bitget RAYUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $11.45
- Funding while held
- $0
- Slippage, 4 orders
- −$38.13
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$48.69
- Spread needed to break even
- 0.601%
Slippage from BingX: live order book, 1 min ago; Bitget: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
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 BingX live order book, 1 min ago | 2.28 bp | 15.6 bp −$16 | 47.3 bp −$473 | 376.9 bp −$37.7K | 654.4 bp −$327.2K |
| Sell Bitget live order book, 5 min ago | 2.84 bp | 14.1 bp −$14 | 56.8 bp −$568 | doesn't fit | doesn't fit |
RAY price on every exchange
against the cheapest. Click to use as the short leg.Injective1.6428cheapest
Kraken Futures1.7443+6.178%KuCoin1.7463+6.300%OKX1.7468+6.331%
Injective
Kraken Futures
KuCoin
OKXBingX1.7472+6.355%
MEXC1.7481+6.410%Orderly1.7483+6.422%gTrade (Gains Network)1.7484+6.427%Bullet1.7486+6.440%
MEXC
Orderly
gTrade (Gains Network)
BulletBitget1.7492+6.477%
SunX1.7493+6.483%Gate1.7504+6.550%Lighter1.7580+7.012%Variational Omni1.7624+7.280%HTX1.7625+7.286%BloFin1.7706+7.779%
SunX
Gate
Lighter
Variational Omni
HTX
BloFinRAY on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective RAY/USDC PERP | −5.975% | +0.0033% | 1h | $266 | $25 | 5.5x | as long as short |
| Kraken Futures PF_RAYUSD | −0.167% | −0.0792% | 1h | $83K | $338K | 10x | as long as short |
| KuCoin RAYUSDTM | −0.052% | +0.0100% | 4h | $2.0M | $495K | 50x | as long as short |
| OKX RAY-USDT-SWAP | −0.023% | −0.0040% | 8h | $4.4M | $10.8M | 20x | as long as short |
| BingX RAY-USDTlong | 0.000% | +0.0100% | 4h | — | $2.1M | — | |
| MEXC RAY_USDT | +0.052% | +0.0050% | 8h | $14.1M | $2.0M | 100x | as long as short |
| Orderly PERP_RAY_USDC | +0.063% | +0.0100% | 4h | $224K | $132K | 10x | as long as short |
| gTrade (Gains Network) RAY/USD | +0.068% | L +0.0001% / S +0.0056% | 1h | $2K | — | 150x | as long as short |
| Bullet RAY-USD | +0.080% | +0.0095% | 1h | $103K | $46K | 10x | as long as short |
| Bitget RAYUSDTshort | +0.114% | +0.0100% | 4h | $2.6M | $2.7M | 25x |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX RAY-USDT | +0.120% | +0.0100% | 4h | — | $2.3M | 10x | as long as short |
| Gate RAY_USDT | +0.183% | +0.0100% | 4h | $580K | $745K | 25x | as long as short |
| Lighter RAY | +0.618% | +0.0752% | 1h | $321K | $134K | 5x | as long as short |
| Variational Omni RAY | +0.870% | −0.0921% | 4h | $357K | $613K | — | as long as short |
| HTX RAY-USDT | +0.876% | +0.0100% | 4h | $15K | $252K | 20x | as long as short |
| BloFin RAY-USDT | +1.339% | +0.0087% | 8h | $252K | $567K | 20x | as long as short |