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 +0.006%

Price spread now: Bitget against KuCoin−0.006%7-day average +0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$122as in the Funding arb table

Net, price: spread back to 7d avg − costs−$129as in the Price arb table

costs, in and out, $10k−$1271.268% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.048%+$5 on $10k

Price spread, last 7 days−0.015%−$1 · spread now −0.006%, 7d avg +0.013%

Together, before fees+0.033%+$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin RAYUSDTM	1.7567	0.0100	pay 0.0050% / 4h	1h 04m	$1.9M	$822K	50x
Short	Bitget RAYUSDT	1.7566	0.0100	get 0.0050% / 4h	1h 04m	$2.6M	$4.0M	25x

Funding history

latest

Range statsloading…

Bitget 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 BitgetbpOrdersPrice spread, now −0.006%Rate

Slippage from KuCoin: live order book, 1 min ago; Bitget: live order book, 3 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	8.52 bp	43.5 bp −$43	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	1.42 bp	18.2 bp −$18	48.7 bp −$487	doesn't fit	doesn't fit

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	1.7571	+0.023%	$3K	—	150x	as long as short
Injective RAY/USDC PERP	+0.0033%	1h	1.6428	−6.484%	$266	$25	5.5x	as long as short
MEXC RAY_USDT	+0.0050%	8h	1.7569	+0.011%	$11.8M	$2.6M	100x	as long as short
OKX RAY-USDT-SWAP	+0.0100%	8h	1.7555	−0.068%	$4.2M	$12.8M	20x	as long as short
Gate RAY_USDT	+0.0100%	4h	1.7577	+0.057%	$549K	$1.2M	25x	as long as short
KuCoin RAYUSDTMlong	+0.0100%	4h	1.7567	long leg	$1.9M	$822K	50x
Bitget RAYUSDTshort	+0.0100%	4h	1.7566	−0.006%	$2.6M	$4.0M	25x
BingX RAY-USDT	+0.0100%	4h	1.7565	−0.011%	—	$2.0M	—	as long as short
Variational Omni RAY	+0.0100%	4h	1.7595	+0.162%	$652K	$883K	—	as long as short
Bullet RAY-USD	+0.0100%	1h	1.7581	+0.081%	$66K	$28K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX RAY-USDT	+0.0100%	4h	1.7578	+0.063%	—	$2.4M	10x	as long as short
HTX RAY-USDT	+0.0100%	4h	1.7617	+0.285%	$13K	$91K	20x	as long as short
BloFin RAY-USDT	+0.0220%	8h	1.7582	+0.085%	$241K	$879K	20x	as long as short
Lighter RAY	+0.0304%	1h	1.7582	+0.085%	$241K	$319K	5x	as long as short
Kraken Futures PF_RAYUSD	+0.1346%	1h	1.7616	+0.280%	$86K	$376K	10x	as long as short
Orderly PERP_RAY_USDC	+0.2293%	4h	1.7609	+0.239%	$311K	$396K	10x	as long as short