Spread before costs (cost unknown: a leg has no order-book sample)+7.749%
7d average—if it closes, per $10,000$775funding while held, a day−$1.66
| 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 | 59m 20s | $266 | $25 | 5.5x |
| Short | KuCoin RAYUSDTM | 1.7701 | −0.0022 | pay 0.0011% / 4h | 3h 59m | $2.1M | $610K | 50x |
Injective RAY/USDC PERP
KuCoin RAYUSDTMPrice 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
- $774.9
- Funding while held
- −$1.66
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $761.22
- Spread needed to break even
- 0.120%
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0055%
- Per $10,000 a day
- −$1.66
- 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 KuCoin live order book, 3 min ago | 7.88 bp | 43.3 bp −$43 | 326.6 bp −$3,266 | doesn't fit | doesn't fit |
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
OKX1.7700+7.743%
OKXKuCoin1.7701+7.749%
BingX1.7715+7.834%
BingXBullet1.7715+7.834%
BulletGate1.7716+7.840%
GateMEXC1.7719+7.859%
MEXCBitget1.7724+7.889%
BitgetgTrade (Gains Network)1.7727+7.910%
gTrade (Gains Network)Orderly1.7728+7.913%
OrderlySunX1.7735+7.956%
SunXVariational Omni1.7749+8.039%
Variational OmniBloFin1.7769+8.163%
BloFinHTX1.7781+8.236%
HTXLighter1.7784+8.254%
LighterKraken Futures1.7785+8.261%
Kraken FuturesRAY 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 | +7.743% | −0.0124% | 8h | $4.3M | $11.8M | 20x | as long as short |
| KuCoin RAYUSDTMshort | +7.749% | −0.0022% | 4h | $2.1M | $610K | 50x | |
| BingX RAY-USDT | +7.834% | +0.0100% | 4h | — | $2.0M | — | as long as short |
| Bullet RAY-USD | +7.834% | +0.0037% | 1h | $104K | $47K | 10x | as long as short |
| Gate RAY_USDT | +7.840% | +0.0100% | 4h | $587K | $754K | 25x | as long as short |
| MEXC RAY_USDT | +7.859% | −0.0526% | 8h | $13.7M | $1.9M | 100x | as long as short |
| Bitget RAYUSDT | +7.889% | +0.0100% | 4h | $2.6M | $2.8M | 25x | as long as short |
| gTrade (Gains Network) RAY/USD | +7.910% | L +0.0001% / S +0.0056% | 1h | $2K | — | 150x | as long as short |
| Orderly PERP_RAY_USDC | +7.913% | +0.0100% | 4h | $234K | $149K | 10x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX RAY-USDT | +7.956% | +0.0100% | 4h | — | $2.7M | 10x | as long as short |
| Variational Omni RAY | +8.039% | −0.0752% | 4h | $628K | $880K | — | as long as short |
| BloFin RAY-USDT | +8.163% | +0.0006% | 8h | $253K | $799K | 20x | as long as short |
| HTX RAY-USDT | +8.236% | +0.0100% | 4h | $14K | $223K | 20x | as long as short |
| Lighter RAY | +8.254% | +0.0264% | 1h | $319K | $140K | 5x | as long as short |
| Kraken Futures PF_RAYUSD | +8.261% | −0.1304% | 1h | $83K | $382K | 10x | as long as short |