Spread before costs (cost unknown: a leg has no order-book sample)+0.143%
7d average+0.015%if it closes, per $10,000$14funding while held, a day−$10.25
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin RAY-USDT | 1.7550 | 0.0109 | pay 0.0109% / 8h | 5h 35m | $250K | $720K | 20x |
| Short | Variational Omni RAY | 1.7575 | −0.0233 | pay 0.0117% / 4h | 1h 35m | $580K | $938K | — |
BloFin 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
- $14.31
- Funding while held
- −$10.25
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$7.94
- Spread needed to break even
- 0.120%
Slippage unknown: BloFin: live order book, 58 min ago; Variational Omni: RFQ quote, just now. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0342%
- Per $10,000 a day
- −$10.25
- 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 BloFin live order book, 58 min ago | 3.16 bp | 18.4 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, just now | 5.58 bp | doesn't fit | 69.6 bp −$696 | doesn't fit | doesn't fit |
RAY price on every exchange
against the cheapest. Click to use as the short leg.Injective1.6428cheapest
Kraken Futures1.7529+6.705%OKX1.7547+6.812%
Injective
Kraken Futures
OKXBloFin1.7550+6.830%
KuCoin1.7560+6.891%Gate1.7562+6.903%HTX1.7565+6.921%BingX1.7567+6.933%Bullet1.7571+6.958%gTrade (Gains Network)1.7572+6.961%Bitget1.7573+6.970%
KuCoin
Gate
HTX
BingX
Bullet
gTrade (Gains Network)
BitgetVariational Omni1.7575+6.983%
MEXC1.7576+6.988%SunX1.7576+6.988%Orderly1.7583+7.031%Lighter1.7589+7.067%
MEXC
SunX
Orderly
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 | −6.393% | +0.0033% | 1h | $266 | $25 | 5.5x | as long as short |
| Kraken Futures PF_RAYUSD | −0.117% | −0.1039% | 1h | $82K | $381K | 10x | as long as short |
| OKX RAY-USDT-SWAP | −0.017% | +0.0024% | 8h | $4.4M | $11.8M | 20x | as long as short |
| BloFin RAY-USDTlong | 0.000% | +0.0109% | 8h | $250K | $720K | 20x | |
| KuCoin RAYUSDTM | +0.057% | +0.0100% | 4h | $2.0M | $685K | 50x | as long as short |
| Gate RAY_USDT | +0.068% | +0.0100% | 4h | $600K | $880K | 25x | as long as short |
| HTX RAY-USDT | +0.085% | +0.0100% | 4h | $14K | $189K | 20x | as long as short |
| BingX RAY-USDT | +0.097% | +0.0620% | 4h | — | $1.9M | — | as long as short |
| Bullet RAY-USD | +0.120% | +0.0100% | 1h | $103K | $46K | 10x | as long as short |
| gTrade (Gains Network) RAY/USD | +0.123% | L +0.0001% / S +0.0056% | 1h | $2K | — | 150x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget RAYUSDT | +0.131% | +0.0100% | 4h | $2.6M | $2.9M | 25x | as long as short |
| Variational Omni RAYshort | +0.143% | −0.0233% | 4h | $580K | $938K | — | |
| MEXC RAY_USDT | +0.148% | +0.0629% | 8h | $13.5M | $2.0M | 100x | as long as short |
| SunX RAY-USDT | +0.148% | +0.0100% | 4h | — | $2.6M | 10x | as long as short |
| Orderly PERP_RAY_USDC | +0.188% | +0.0100% | 4h | $226K | $181K | 10x | as long as short |
| Lighter RAY | +0.222% | +0.0896% | 1h | $322K | $180K | 5x | as long as short |