Spread before costs (cost unknown: a leg has no order-book sample)+0.228%
7d average+0.009%if it closes, per $10,000$23funding while held, a day−$23.86
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX RAY-USDT | 1.7889 | 0.0100 | pay 0.0050% / 4h | 3h 31m | — | $2.0M | — |
| Short | Variational Omni RAY | 1.7930 | −0.0695 | pay 0.0348% / 4h | 3h 31m | $674K | $908K | — |
BingX RAY-USDT
Variational Omni RAYPrice 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
- $22.85
- Funding while held
- −$23.86
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$11.01
- Spread needed to break even
- 0.100%
Slippage unknown: BingX: live order book, 8 min ago; Variational Omni: RFQ quote, 14 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0795%
- Per $10,000 a day
- −$23.86
- 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, 8 min ago | 3.06 bp | 14.9 bp −$15 | 44.6 bp −$446 | 343.0 bp −$34.3K | 641.8 bp −$320.9K |
| Sell Variational Omni RFQ quote, 14 min ago | 4.10 bp | doesn't fit | 47.4 bp −$474 | doesn't fit | doesn't fit |
RAY price on every exchange
against the cheapest. Click to use as the short leg.Injective1.6428cheapest
BloFin1.7862+8.729%KuCoin1.7870+8.778%Kraken Futures1.7882+8.850%Gate1.7888+8.887%
Injective
BloFin
KuCoin
Kraken Futures
GateBingX1.7889+8.893%
SunX1.7893+8.918%OKX1.7894+8.924%Bullet1.7895+8.930%MEXC1.7899+8.954%Bitget1.7899+8.954%gTrade (Gains Network)1.7902+8.971%HTX1.7905+8.991%Orderly1.7906+8.997%
SunX
OKX
Bullet
MEXC
Bitget
gTrade (Gains Network)
HTX
OrderlyVariational Omni1.7930+9.142%
Lighter1.7946+9.240%
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 | −8.167% | +0.0033% | 1h | $266 | $25 | 5.5x | as long as short |
| BloFin RAY-USDT | −0.151% | +0.0017% | 8h | $257K | $809K | 20x | as long as short |
| KuCoin RAYUSDTM | −0.106% | −0.0046% | 4h | $2.1M | $604K | 50x | as long as short |
| Kraken Futures PF_RAYUSD | −0.040% | +0.0777% | 1h | $83K | $364K | 10x | as long as short |
| Gate RAY_USDT | −0.006% | +0.0100% | 4h | $637K | $800K | 25x | as long as short |
| BingX RAY-USDTlong | 0.000% | +0.0100% | 4h | — | $2.0M | — | |
| SunX RAY-USDT | +0.022% | +0.0100% | 4h | — | $2.6M | 10x | as long as short |
| OKX RAY-USDT-SWAP | +0.028% | −0.0100% | 8h | $4.5M | $11.6M | 20x | as long as short |
| Bullet RAY-USD | +0.034% | +0.0100% | 1h | $105K | $47K | 10x | as long as short |
| MEXC RAY_USDT | +0.056% | +0.0050% | 8h | $13.7M | $2.0M | 100x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget RAYUSDT | +0.056% | +0.0100% | 4h | $2.6M | $2.7M | 25x | as long as short |
| gTrade (Gains Network) RAY/USD | +0.071% | L +0.0001% / S +0.0056% | 1h | $2K | — | 150x | as long as short |
| HTX RAY-USDT | +0.089% | +0.0100% | 4h | $14K | $216K | 20x | as long as short |
| Orderly PERP_RAY_USDC | +0.095% | +0.0100% | 4h | $236K | $158K | 10x | as long as short |
| Variational Omni RAYshort | +0.228% | −0.0695% | 4h | $674K | $908K | — | |
| Lighter RAY | +0.319% | +0.0608% | 1h | $347K | $181K | 5x | as long as short |