RAY

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.086%

Price spread now: BingX against OKX+0.022%7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$700.701% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.333%+$33 on $10k

Price spread, last 7 days−0.085%−$8 · spread now +0.022%, 7d avg +0.016%

Together, before fees+0.248%+$25 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX RAY-USDT-SWAP	1.7982	0.0100	pay 0.0100% / 8h	7h 00m	$4.2M	$12.7M	20x
Short	BingX RAY-USDT	1.7986	0.0100	get 0.0050% / 4h	3h 00m	—	$2.0M	—

Funding history

latest

Range statsloading…

BingX against OKX. 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 OKXbpFee BingXbpOrdersPrice spread, now +0.022%Rate

Slippage from OKX: live order book, 3 min ago; BingX: live order book, 7 min ago.

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 3 min ago	1.11 bp	29.5 bp −$30	144.1 bp −$1,441	doesn't fit	doesn't fit
Sell BingX live order book, 7 min ago	2.76 bp	11.0 bp −$11	29.3 bp −$293	267.5 bp −$26.7K	701.3 bp −$350.6K

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	1.8012	+0.164%	$1K	—	150x	as long as short
Injective RAY/USDC PERP	+0.0033%	1h	1.6428	−8.642%	$266	$25	5.5x	as long as short
MEXC RAY_USDT	+0.0050%	8h	1.7996	+0.078%	$11.7M	$2.6M	100x	as long as short
OKX RAY-USDT-SWAPlong	+0.0100%	8h	1.7982	long leg	$4.2M	$12.7M	20x
Gate RAY_USDT	+0.0100%	4h	1.7991	+0.050%	$576K	$1.1M	25x	as long as short
KuCoin RAYUSDTM	+0.0100%	4h	1.8016	+0.189%	$1.8M	$837K	50x	as long as short
Bitget RAYUSDT	+0.0100%	4h	1.7995	+0.072%	$2.6M	$3.7M	25x	as long as short
BingX RAY-USDTshort	+0.0100%	4h	1.7986	+0.022%	—	$2.0M	—
Variational Omni RAY	+0.0100%	4h	1.7993	+0.062%	$639K	$792K	—	as long as short
Bullet RAY-USD	+0.0100%	1h	1.8028	+0.254%	$68K	$26K	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	1.8011	+0.161%	—	$2.1M	10x	as long as short
HTX RAY-USDT	+0.0100%	4h	1.8016	+0.189%	$13K	$85K	20x	as long as short
BloFin RAY-USDT	+0.0108%	8h	1.8018	+0.200%	$244K	$876K	20x	as long as short
Lighter RAY	+0.0320%	1h	1.8033	+0.284%	$233K	$340K	5x	as long as short
Kraken Futures PF_RAYUSD	+0.1923%	1h	1.8075	+0.518%	$111K	$398K	10x	as long as short
Orderly PERP_RAY_USDC	+0.2149%	4h	1.8056	+0.412%	$319K	$378K	10x	as long as short