RAY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.041%

Price spread now: BingX against KuCoin+0.006%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs−$121as in the Price arb table

costs, in and out, $10k−$1221.216% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.274%+$27 on $10k

Price spread, last 7 days−0.071%−$7 · spread now +0.006%, 7d avg +0.001%

Together, before fees+0.202%+$20 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin RAYUSDTM	1.7607	0.0100	pay 0.0050% / 4h	15m 14s	$1.8M	$831K	50x
Short	BingX RAY-USDT	1.7608	0.0100	get 0.0050% / 4h	15m 14s	—	$2.0M	—

Funding history

latest

Range statsloading…

BingX against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee KuCoinbpFee BingXbpOrdersPrice spread, now +0.006%Rate

Slippage from KuCoin: live order book, 1 min ago; BingX: live order book, 8 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 1 min ago	7.67 bp	46.6 bp −$47	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	2.28 bp	12.5 bp −$12	25.0 bp −$250	263.7 bp −$26.4K	654.4 bp −$327.2K

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) RAY/USD	L +0.0001% / S +0.0056%	1h	1.7598	−0.053%	$3K	—	150x	as long as short
Injective RAY/USDC PERP	+0.0033%	1h	1.6428	−6.696%	$266	$25	5.5x	as long as short
OKX RAY-USDT-SWAP	+0.0100%	8h	1.7615	+0.045%	$4.2M	$12.8M	20x	as long as short
Gate RAY_USDT	+0.0100%	4h	1.7618	+0.062%	$550K	$1.2M	25x	as long as short
KuCoin RAYUSDTMlong	+0.0100%	4h	1.7607	long leg	$1.8M	$831K	50x
Bitget RAYUSDT	+0.0100%	4h	1.7620	+0.074%	$2.6M	$4.0M	25x	as long as short
BingX RAY-USDTshort	+0.0100%	4h	1.7608	+0.006%	—	$2.0M	—
Variational Omni RAY	+0.0100%	4h	1.7589	−0.101%	$657K	$811K	—	as long as short
Bullet RAY-USD	+0.0100%	1h	1.7615	+0.048%	$66K	$28K	10x	as long as short
SunX RAY-USDT	+0.0100%	4h	1.7623	+0.091%	—	$2.4M	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX RAY-USDT	+0.0100%	4h	1.7630	+0.131%	$13K	$90K	20x	as long as short
Lighter RAY	+0.0160%	1h	1.7633	+0.148%	$229K	$335K	5x	as long as short
BloFin RAY-USDT	+0.0220%	8h	1.7617	+0.057%	$241K	$876K	20x	as long as short
MEXC RAY_USDT	+0.0762%	8h	1.7621	+0.080%	$11.7M	$2.5M	100x	as long as short
Kraken Futures PF_RAYUSD	+0.1612%	1h	1.7647	+0.229%	$93K	$385K	10x	as long as short
Orderly PERP_RAY_USDC	+0.2157%	4h	1.7646	+0.222%	$312K	$396K	10x	as long as short