Spread before costs (cost unknown: a leg has no order-book sample)+8.218%
7d average—if it closes, per $10,000$822funding while held, a day+$2.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective RAY/USDC PERP | 1.6428 | 0.0033 | pay 0.0004% / 1h | 25m 49s | $266 | $25 | 5.5x |
| Short | BingX RAY-USDT | 1.7778 | 0.0100 | get 0.0050% / 4h | 3h 25m | — | $2.0M | — |
Injective RAY/USDC PERP
BingX RAY-USDTPrice 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
- $821.77
- Funding while held
- $2
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $813.75
- Spread needed to break even
- 0.100%
Slippage unknown: Injective: no order-book sample; BingX: live order book, 14 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0067%
- Per $10,000 a day
- +$2.00
- 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 Injective no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 14 min ago | 3.06 bp | 15.5 bp −$15 | 42.5 bp −$425 | 278.2 bp −$27.8K | 624.5 bp −$312.2K |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
RAY price on every exchange
against the cheapest. Click to use as the short leg.Injective1.6428cheapest
OKX1.7739+7.980%
OKXBitget1.7769+8.163%
BitgetVariational Omni1.7773+8.186%
Variational OmniBingX1.7778+8.218%
SunX1.7782+8.242%
SunXMEXC1.7783+8.248%
MEXCKuCoin1.7784+8.254%
KuCoinGate1.7796+8.327%
GateBullet1.7796+8.328%
BulletKraken Futures1.7799+8.346%
Kraken FuturesOrderly1.7804+8.376%
OrderlygTrade (Gains Network)1.7805+8.380%
gTrade (Gains Network)Lighter1.7806+8.388%
LighterHTX1.7806+8.388%
HTXBloFin1.7850+8.656%
BloFinRAY on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective RAY/USDC PERPlong | 0.000% | +0.0033% | 1h | $266 | $25 | 5.5x | |
| OKX RAY-USDT-SWAP | +7.980% | −0.0105% | 8h | $4.5M | $11.5M | 20x | as long as short |
| Bitget RAYUSDT | +8.163% | +0.0100% | 4h | $2.6M | $2.7M | 25x | as long as short |
| Variational Omni RAY | +8.186% | −0.0660% | 4h | $670K | $908K | — | as long as short |
| BingX RAY-USDTshort | +8.218% | +0.0100% | 4h | — | $2.0M | — | |
| SunX RAY-USDT | +8.242% | +0.0100% | 4h | — | $2.6M | 10x | as long as short |
| MEXC RAY_USDT | +8.248% | −0.0281% | 8h | $13.8M | $2.0M | 100x | as long as short |
| KuCoin RAYUSDTM | +8.254% | −0.0068% | 4h | $2.1M | $605K | 50x | as long as short |
| Gate RAY_USDT | +8.327% | +0.0100% | 4h | $635K | $804K | 25x | as long as short |
| Bullet RAY-USD | +8.328% | +0.0089% | 1h | $105K | $47K | 10x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_RAYUSD | +8.346% | +0.0781% | 1h | $82K | $365K | 10x | as long as short |
| Orderly PERP_RAY_USDC | +8.376% | +0.0100% | 4h | $235K | $158K | 10x | as long as short |
| gTrade (Gains Network) RAY/USD | +8.380% | L +0.0001% / S +0.0056% | 1h | $2K | — | 150x | as long as short |
| Lighter RAY | +8.388% | +0.0560% | 1h | $344K | $182K | 5x | as long as short |
| HTX RAY-USDT | +8.388% | +0.0100% | 4h | $14K | $215K | 20x | as long as short |
| BloFin RAY-USDT | +8.656% | +0.0016% | 8h | $257K | $809K | 20x | as long as short |