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)−0.045%
7d average+0.013%if it closes, per $10,000$5funding while held, a day−$13.05
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX RAY-USDT1.76840.0100pay 0.0050% / 4h3h 18m$14K$212K20x
ShortMEXC RAY_USDT1.7676−0.0335pay 0.0335% / 8h7h 18m$13.7M$2.0M100x

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
−$4.52
Funding while held
−$13.05
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$33.57
Spread needed to break even
0.160%
Slippage unknown: HTX: live order book, 25 min ago; MEXC: live order book, 2 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0435%
Per $10,000 a day
$13.05
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 HTX live order book, 25 min ago56.34 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago3.11 bp8.0 bp −$846.4 bp −$464126.8 bp −$12.7Kdoesn'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−7.102%+0.0033%1h$266$255.5xas long as short
Kraken Futures PF_RAYUSD−0.724%+0.0792%1h$82K$368K10xas long as short
Bitget RAYUSDT−0.317%+0.0100%4h$2.6M$2.8M25xas long as short
BloFin RAY-USDT−0.238%+0.0011%8h$255K$804K20xas long as short
KuCoin RAYUSDTM−0.181%−0.0078%4h$2.1M$617K50xas long as short
OKX RAY-USDT-SWAP−0.113%−0.0109%8h$4.4M$11.5M20xas long as short
BingX RAY-USDT−0.074%+0.0100%4h$2.0Mas long as short
Bullet RAY-USD−0.074%+0.0051%1h$104K$47K10xas long as short
Lighter RAY−0.057%+0.0520%1h$341K$183K5xas long as short
Orderly PERP_RAY_USDC−0.051%+0.0100%4h$232K$159K10xas long as short
Show all 16 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
MEXC RAY_USDTshort−0.045%−0.0335%8h$13.7M$2.0M100x
SunX RAY-USDT−0.045%+0.0100%4h$2.6M10xas long as short
Gate RAY_USDT−0.028%+0.0100%4h$629K$817K25xas long as short
HTX RAY-USDTlong0.000%+0.0100%4h$14K$212K20x
gTrade (Gains Network) RAY/USD+0.010%L +0.0001% / S +0.0056%1h$2K150xas long as short
Variational Omni RAY+0.835%−0.0691%4h$634K$944Kas long as short