After costs, if the gap returns to its 7d average, $10k−$98
spread now+0.079%7d average+0.008%fees + slippage, in and out−$105spread needed1.050%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RAYUSDTM | 1.7762 | 0.0100 | pay 0.0050% / 4h | 1h 28m | $2.0M | $511K | 50x |
| Short | MEXC RAY_USDT | 1.7776 | −0.0591 | pay 0.0591% / 8h | 1h 28m | $14.2M | $2.0M | 100x |
KuCoin RAYUSDTM
MEXC 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
- $7.88
- Funding while held
- −$20.73
- Slippage, 4 orders
- −$88.97
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$117.82
- Spread needed to break even
- 1.050%
Slippage from KuCoin: live order book, 4 min ago; MEXC: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0691%
- Per $10,000 a day
- −$20.73
- 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 KuCoin live order book, 4 min ago | 4.48 bp | 58.9 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 3.37 bp | 6.9 bp −$7 | 38.2 bp −$382 | 119.9 bp −$12.0K | doesn't fit |
RAY price on every exchange
against the cheapest. Click to use as the short leg.Injective1.6428cheapest
InjectiveKuCoin1.7762+8.120%
Kraken Futures1.7762+8.122%Bullet1.7772+8.181%
Kraken Futures
BulletMEXC1.7776+8.206%
Bitget1.7776+8.206%BingX1.7777+8.212%HTX1.7780+8.230%SunX1.7783+8.248%gTrade (Gains Network)1.7788+8.281%Orderly1.7791+8.297%Gate1.7796+8.327%OKX1.7813+8.431%Variational Omni1.7823+8.493%BloFin1.7829+8.528%Lighter1.7878+8.826%
Bitget
BingX
HTX
SunX
gTrade (Gains Network)
Orderly
Gate
OKX
Variational Omni
BloFin
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 | −7.510% | +0.0033% | 1h | $266 | $25 | 5.5x | as long as short |
| KuCoin RAYUSDTMlong | 0.000% | +0.0100% | 4h | $2.0M | $511K | 50x | |
| Kraken Futures PF_RAYUSD | +0.002% | −0.0778% | 1h | $84K | $339K | 10x | as long as short |
| Bullet RAY-USD | +0.056% | +0.0100% | 1h | $104K | $46K | 10x | as long as short |
| MEXC RAY_USDTshort | +0.079% | −0.0591% | 8h | $14.2M | $2.0M | 100x | |
| Bitget RAYUSDT | +0.079% | +0.0100% | 4h | $2.6M | $2.8M | 25x | as long as short |
| BingX RAY-USDT | +0.084% | +0.0100% | 4h | — | $2.1M | — | as long as short |
| HTX RAY-USDT | +0.101% | +0.0100% | 4h | $15K | $248K | 20x | as long as short |
| SunX RAY-USDT | +0.118% | +0.0100% | 4h | — | $2.4M | 10x | as long as short |
| gTrade (Gains Network) RAY/USD | +0.149% | L +0.0001% / S +0.0056% | 1h | $2K | — | 150x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_RAY_USDC | +0.163% | +0.0100% | 4h | $231K | $143K | 10x | as long as short |
| Gate RAY_USDT | +0.191% | +0.0100% | 4h | $589K | $756K | 25x | as long as short |
| OKX RAY-USDT-SWAP | +0.287% | −0.0045% | 8h | $4.4M | $11.4M | 20x | as long as short |
| Variational Omni RAY | +0.345% | −0.0814% | 4h | $596K | $846K | — | as long as short |
| BloFin RAY-USDT | +0.377% | +0.0077% | 8h | $254K | $683K | 20x | as long as short |
| Lighter RAY | +0.653% | +0.0808% | 1h | $330K | $142K | 5x | as long as short |