After costs, if the gap returns to its 7d average, $10k−$187
spread now+0.435%7d average−0.152%fees + slippage, in and out−$245spread needed2.453%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_RAYUSD | 1.7443 | −0.0716 | get 0.0089% / 1h | 10m 11s | $81K | $381K | 10x |
| Short | SunX RAY-USDT | 1.7519 | 0.0100 | get 0.0050% / 4h | 2h 10m | — | $2.6M | 10x |
Kraken Futures PF_RAYUSD
SunX 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
- $43.53
- Funding while held
- $24.47
- Slippage, 4 orders
- −$225.28
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee SunX: 5 bp × 2 orders
- −$10
- Net
- −$177.28
- Spread needed to break even
- 2.453%
Slippage from Kraken Futures: live order book, 29 min ago; SunX: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0816%
- Per $10,000 a day
- +$24.47
- 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 Kraken Futures live order book, 29 min ago | 15.97 bp | 48.6 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 3 min ago | 45.31 bp | 64.9 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
RAY price on every exchange
against the cheapest. Click to use as the short leg.Injective1.6428cheapest
InjectiveKraken Futures1.7443+6.179%
BloFin1.7486+6.440%KuCoin1.7497+6.507%OKX1.7505+6.556%Variational Omni1.7513+6.608%Gate1.7517+6.629%
BloFin
KuCoin
OKX
Variational Omni
GateSunX1.7519+6.641%
Bullet1.7520+6.647%BingX1.7522+6.659%HTX1.7524+6.672%Bitget1.7529+6.702%gTrade (Gains Network)1.7530+6.706%Orderly1.7532+6.720%MEXC1.7534+6.732%Lighter1.7554+6.854%
Bullet
BingX
HTX
Bitget
gTrade (Gains Network)
Orderly
MEXC
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 | −5.819% | +0.0033% | 1h | $266 | $25 | 5.5x | as long as short |
| Kraken Futures PF_RAYUSDlong | 0.000% | −0.0716% | 1h | $81K | $381K | 10x | |
| BloFin RAY-USDT | +0.246% | +0.0085% | 8h | $250K | $773K | 20x | as long as short |
| KuCoin RAYUSDTM | +0.309% | −0.0006% | 4h | $2.0M | $677K | 50x | as long as short |
| OKX RAY-USDT-SWAP | +0.355% | −0.0031% | 8h | $4.4M | $11.6M | 20x | as long as short |
| Variational Omni RAY | +0.404% | −0.0478% | 4h | $584K | $942K | — | as long as short |
| Gate RAY_USDT | +0.424% | +0.0100% | 4h | $618K | $841K | 25x | as long as short |
| SunX RAY-USDTshort | +0.435% | +0.0100% | 4h | — | $2.6M | 10x | |
| Bullet RAY-USD | +0.441% | +0.0100% | 1h | $103K | $46K | 10x | as long as short |
| BingX RAY-USDT | +0.453% | +0.0447% | 4h | — | $1.9M | — | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX RAY-USDT | +0.464% | +0.0100% | 4h | $14K | $197K | 20x | as long as short |
| Bitget RAYUSDT | +0.493% | +0.0100% | 4h | $2.6M | $2.9M | 25x | as long as short |
| gTrade (Gains Network) RAY/USD | +0.497% | L +0.0001% / S +0.0056% | 1h | $2K | — | 150x | as long as short |
| Orderly PERP_RAY_USDC | +0.510% | +0.0100% | 4h | $225K | $179K | 10x | as long as short |
| MEXC RAY_USDT | +0.521% | +0.0050% | 8h | $13.5M | $2.1M | 100x | as long as short |
| Lighter RAY | +0.636% | +0.0848% | 1h | $328K | $188K | 5x | as long as short |