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

RAY

all RAY markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−0.124%
7d average−0.009%if it closes, per $10,000$12funding while held, a day+$0.00
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX RAY-USDT1.77320.0100pay 0.0050% / 4h3h 14m$2.0M
ShortHTX RAY-USDT1.77100.0100get 0.0050% / 4h3h 14m$14K$211K20x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

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

Profit calculator

Spread captured
−$12.41
Funding while held
$0
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$34.41
Spread needed to break even
0.220%
Slippage unknown: BingX: live order book, 10 min ago; HTX: live order book, 29 min ago. Net counts fees only.

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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 10 min ago1.96 bp13.8 bp −$1442.4 bp −$424323.5 bp −$32.4K654.9 bp −$327.4K
Sell HTX live order book, 29 min ago56.34 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

RAY price on every exchange

against the cheapest. Click to use as the short leg.

RAY on 16 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective RAY/USDC PERP−7.354%+0.0033%1h$266$255.5xas long as short
Variational Omni RAY−0.384%−0.0681%4h$622K$945Kas long as short
BloFin RAY-USDT−0.147%+0.0013%8h$258K$807K20xas long as short
HTX RAY-USDTshort−0.124%+0.0100%4h$14K$211K20x
OKX RAY-USDT-SWAP−0.096%−0.0100%8h$4.5M$11.5M20xas long as short
KuCoin RAYUSDTM−0.073%−0.0080%4h$2.1M$620K50xas long as short
SunX RAY-USDT−0.056%+0.0100%4h$2.6M10xas long as short
Gate RAY_USDT−0.017%+0.0100%4h$632K$819K25xas long as short
MEXC RAY_USDT−0.006%+0.0050%8h$13.8M$2.0M100xas long as short
BingX RAY-USDTlong0.000%+0.0100%4h$2.0M
Show all 16 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bitget RAYUSDT+0.006%+0.0100%4h$2.6M$2.8M25xas long as short
Bullet RAY-USD+0.017%+0.0078%1h$104K$47K10xas long as short
Kraken Futures PF_RAYUSD+0.067%+0.0783%1h$83K$367K10xas long as short
gTrade (Gains Network) RAY/USD+0.091%L +0.0001% / S +0.0056%1h$2K150xas long as short
Orderly PERP_RAY_USDC+0.107%+0.0100%4h$233K$163K10xas long as short
Lighter RAY+0.254%+0.0504%1h$342K$183K5xas long as short