After costs, if the gap returns to its 7d average, $10k−$50
spread now+0.006%7d average−0.022%fees + slippage, in and out−$53spread needed0.531%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC RAY_USDT | 1.7931 | 0.0050 | pay 0.0050% / 8h | 7h 45m | $13.8M | $1.9M | 100x |
| Short | OKX RAY-USDT-SWAP | 1.7932 | −0.0104 | pay 0.0104% / 8h | 7h 45m | $4.5M | $11.9M | 20x |
MEXC RAY_USDT
OKX RAY-USDT-SWAPPrice 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
- $0.56
- Funding while held
- −$4.61
- Slippage, 4 orders
- −$39.12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$57.17
- Spread needed to break even
- 0.531%
Slippage from MEXC: live order book, 5 min ago; OKX: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0154%
- Per $10,000 a day
- −$4.61
- 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 MEXC live order book, 5 min ago | 1.39 bp | 6.0 bp −$6 | 37.2 bp −$372 | 113.7 bp −$11.4K | doesn't fit |
| Sell OKX live order book, 4 min ago | 2.23 bp | 19.0 bp −$19 | 81.3 bp −$813 | doesn't fit | doesn't fit |
RAY price on every exchange
against the cheapest. Click to use as the short leg.Injective1.6428cheapest
HTX1.7925+9.112%Bullet1.7926+9.116%Bitget1.7929+9.137%BingX1.7930+9.143%
Injective
HTX
Bullet
Bitget
BingXMEXC1.7931+9.149%
OKX1.7932+9.155%
SunX1.7932+9.155%BloFin1.7933+9.161%Orderly1.7942+9.216%KuCoin1.7944+9.228%gTrade (Gains Network)1.7945+9.235%Kraken Futures1.7946+9.240%Gate1.7952+9.277%Variational Omni1.7953+9.285%Lighter1.7974+9.411%
SunX
BloFin
Orderly
KuCoin
gTrade (Gains Network)
Kraken Futures
Gate
Variational Omni
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 | −8.382% | +0.0033% | 1h | $266 | $25 | 5.5x | as long as short |
| HTX RAY-USDT | −0.033% | +0.0100% | 4h | $14K | $219K | 20x | as long as short |
| Bullet RAY-USD | −0.030% | +0.0054% | 1h | $105K | $47K | 10x | as long as short |
| Bitget RAYUSDT | −0.011% | +0.0100% | 4h | $2.6M | $2.8M | 25x | as long as short |
| BingX RAY-USDT | −0.006% | +0.0100% | 4h | — | $2.0M | — | as long as short |
| MEXC RAY_USDTlong | 0.000% | +0.0050% | 8h | $13.8M | $1.9M | 100x | |
| OKX RAY-USDT-SWAPshort | +0.006% | −0.0104% | 8h | $4.5M | $11.9M | 20x | |
| SunX RAY-USDT | +0.006% | +0.0100% | 4h | — | $2.7M | 10x | as long as short |
| BloFin RAY-USDT | +0.011% | +0.0016% | 8h | $253K | $820K | 20x | as long as short |
| Orderly PERP_RAY_USDC | +0.061% | +0.0100% | 4h | $236K | $153K | 10x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin RAYUSDTM | +0.073% | −0.0036% | 4h | $2.1M | $619K | 50x | as long as short |
| gTrade (Gains Network) RAY/USD | +0.079% | L +0.0001% / S +0.0056% | 1h | $2K | — | 150x | as long as short |
| Kraken Futures PF_RAYUSD | +0.084% | +0.0775% | 1h | $84K | $373K | 10x | as long as short |
| Gate RAY_USDT | +0.117% | +0.0100% | 4h | $642K | $786K | 25x | as long as short |
| Variational Omni RAY | +0.124% | −0.0760% | 4h | $636K | $881K | — | as long as short |
| Lighter RAY | +0.240% | +0.0432% | 1h | $320K | $152K | 5x | as long as short |