After costs, if the gap returns to its 7d average, $10k−$81
spread now−0.051%7d average−0.006%fees + slippage, in and out−$76spread needed0.763%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX RAY-USDT | 1.7549 | 0.0590 | pay 0.0295% / 4h | 1h 34m | — | $1.9M | — |
| Short | OKX RAY-USDT-SWAP | 1.7540 | 0.0023 | get 0.0023% / 8h | 5h 34m | $4.4M | $11.8M | 20x |
BingX RAY-USDT
OKX RAY-USDT-SWAPPrice 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
- −$5.13
- Funding while held
- −$17.01
- Slippage, 4 orders
- −$56.32
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$98.46
- Spread needed to break even
- 0.763%
Slippage from BingX: live order book, 5 min ago; OKX: live order book, just now.
Cost of waiting
funding view- Funding /8h
- −0.0567%
- Per $10,000 a day
- −$17.01
- 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, 5 min ago | 2.28 bp | 14.4 bp −$14 | 38.8 bp −$388 | 319.8 bp −$32.0K | 618.3 bp −$309.1K |
| Sell OKX live order book, just now | 1.71 bp | 27.3 bp −$27 | 160.1 bp −$1,601 | doesn't fit | doesn't fit |
RAY price on every exchange
against the cheapest. Click to use as the short leg.Injective1.6428cheapest
HTX1.7539+6.763%
Injective
HTXOKX1.7540+6.769%
SunX1.7545+6.799%Bitget1.7548+6.818%
SunX
BitgetBingX1.7549+6.824%
BloFin1.7550+6.830%Kraken Futures1.7552+6.844%Orderly1.7557+6.872%Bullet1.7559+6.885%MEXC1.7560+6.891%Gate1.7561+6.897%KuCoin1.7562+6.903%gTrade (Gains Network)1.7564+6.917%Variational Omni1.7575+6.983%Lighter1.7585+7.043%
BloFin
Kraken Futures
Orderly
Bullet
MEXC
Gate
KuCoin
gTrade (Gains Network)
Variational Omni
LighterRAY on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective RAY/USDC PERP | −6.388% | +0.0033% | 1h | $266 | $25 | 5.5x | as long as short |
| HTX RAY-USDT | −0.057% | +0.0100% | 4h | $14K | $189K | 20x | as long as short |
| OKX RAY-USDT-SWAPshort | −0.051% | +0.0023% | 8h | $4.4M | $11.8M | 20x | |
| SunX RAY-USDT | −0.023% | +0.0100% | 4h | — | $2.6M | 10x | as long as short |
| Bitget RAYUSDT | −0.006% | +0.0100% | 4h | $2.6M | $2.9M | 25x | as long as short |
| BingX RAY-USDTlong | 0.000% | +0.0590% | 4h | — | $1.9M | — | |
| BloFin RAY-USDT | +0.006% | +0.0109% | 8h | $250K | $720K | 20x | as long as short |
| Kraken Futures PF_RAYUSD | +0.019% | −0.1038% | 1h | $82K | $381K | 10x | as long as short |
| Orderly PERP_RAY_USDC | +0.046% | +0.0100% | 4h | $226K | $181K | 10x | as long as short |
| Bullet RAY-USD | +0.057% | +0.0100% | 1h | $103K | $46K | 10x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC RAY_USDT | +0.063% | +0.0617% | 8h | $13.5M | $2.0M | 100x | as long as short |
| Gate RAY_USDT | +0.068% | +0.0100% | 4h | $599K | $881K | 25x | as long as short |
| KuCoin RAYUSDTM | +0.074% | +0.0100% | 4h | $2.0M | $685K | 50x | as long as short |
| gTrade (Gains Network) RAY/USD | +0.088% | L +0.0001% / S +0.0056% | 1h | $2K | — | 150x | as long as short |
| Variational Omni RAY | +0.149% | −0.0233% | 4h | $580K | $938K | — | as long as short |
| Lighter RAY | +0.205% | +0.0864% | 1h | $321K | $180K | 5x | as long as short |