Spread before costs (cost unknown: a leg has no order-book sample)−0.258%
7d average+0.010%if it closes, per $10,000$26funding while held, a day−$3.24
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX RAY-USDT | 1.7823 | 0.0100 | pay 0.0050% / 4h | 2m 17s | $14K | $223K | 20x |
| Short | KuCoin RAYUSDTM | 1.7777 | −0.0008 | pay 0.0004% / 4h | 2m 17s | $2.1M | $605K | 50x |
Price 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
- −$25.81
- Funding while held
- −$3.24
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$53.05
- Spread needed to break even
- 0.240%
Slippage unknown: HTX: live order book, 46 min ago; KuCoin: live order book, 11 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0108%
- Per $10,000 a day
- −$3.24
- 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 HTX live order book, 46 min ago | 90.95 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 11 min ago | 7.00 bp | 55.1 bp −$55 | 348.1 bp −$3,481 | doesn't fit | doesn'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.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective RAY/USDC PERP | −7.827% | +0.0033% | 1h | $266 | $25 | 5.5x | as long as short |
| SunX RAY-USDT | −0.376% | +0.0100% | 4h | — | $2.7M | 10x | as long as short |
| OKX RAY-USDT-SWAP | −0.348% | −0.0114% | 8h | $4.3M | $11.8M | 20x | as long as short |
| BingX RAY-USDT | −0.303% | +0.0100% | 4h | — | $2.0M | — | as long as short |
| Bullet RAY-USD | −0.279% | −0.0242% | 1h | $104K | $47K | 10x | as long as short |
| Bitget RAYUSDT | −0.269% | +0.0100% | 4h | $2.6M | $2.8M | 25x | as long as short |
| KuCoin RAYUSDTMshort | −0.258% | −0.0008% | 4h | $2.1M | $605K | 50x | |
| Orderly PERP_RAY_USDC | −0.258% | +0.0100% | 4h | $235K | $150K | 10x | as long as short |
| gTrade (Gains Network) RAY/USD | −0.257% | L +0.0001% / S +0.0056% | 1h | $2K | — | 150x | as long as short |
| MEXC RAY_USDT | −0.252% | −0.0389% | 8h | $13.8M | $2.1M | 100x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate RAY_USDT | −0.236% | +0.0100% | 4h | $589K | $800K | 25x | as long as short |
| Lighter RAY | −0.135% | +0.0288% | 1h | $320K | $150K | 5x | as long as short |
| BloFin RAY-USDT | −0.129% | +0.0012% | 8h | $254K | $800K | 20x | as long as short |
| Kraken Futures PF_RAYUSD | −0.063% | −0.1302% | 1h | $97K | $367K | 10x | as long as short |
| HTX RAY-USDTlong | 0.000% | +0.0100% | 4h | $14K | $223K | 20x | |
| Variational Omni RAY | +0.099% | −0.0725% | 4h | $631K | $889K | — | as long as short |
HTX RAY-USDT
KuCoin RAYUSDTM
Injective
SunX
OKX
BingX
Bullet
Bitget
gTrade (Gains Network)
MEXC
Gate
Lighter
BloFin
Kraken Futures
Variational Omni