After costs, if the gap returns to its 7d average, $10k−$49
spread now+0.143%7d average+0.022%fees + slippage, in and out−$61spread needed0.614%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX RAY-USDT-SWAP | 1.7464 | −0.0096 | get 0.0096% / 8h | 6h 59m | $4.3M | $11.5M | 20x |
| Short | MEXC RAY_USDT | 1.7489 | 0.0087 | get 0.0087% / 8h | 6h 59m | $13.5M | $1.9M | 100x |
OKX RAY-USDT-SWAP
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
- $14.32
- Funding while held
- $5.5
- Slippage, 4 orders
- −$47.38
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$41.56
- Spread needed to break even
- 0.614%
Slippage from OKX: live order book, just now; MEXC: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0183%
- Per $10,000 a day
- +$5.50
- 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 OKX live order book, just now | 0.57 bp | 26.3 bp −$26 | 205.1 bp −$2,051 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 2.00 bp | 6.6 bp −$7 | 45.2 bp −$452 | 108.4 bp −$10.8K | doesn't fit |
RAY price on every exchange
against the cheapest. Click to use as the short leg.Injective1.6428cheapest
KuCoin1.7435+6.130%
Injective
KuCoinOKX1.7464+6.306%
Bullet1.7472+6.355%HTX1.7472+6.355%Gate1.7477+6.385%BingX1.7479+6.398%SunX1.7479+6.398%Bitget1.7481+6.410%gTrade (Gains Network)1.7484+6.429%Orderly1.7488+6.452%
Bullet
HTX
Gate
BingX
SunX
Bitget
gTrade (Gains Network)
OrderlyMEXC1.7489+6.458%
BloFin1.7490+6.465%Kraken Futures1.7492+6.479%Variational Omni1.7523+6.663%Lighter1.7524+6.672%
BloFin
Kraken Futures
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 | −5.932% | +0.0033% | 1h | $266 | $25 | 5.5x | as long as short |
| KuCoin RAYUSDTM | −0.166% | −0.0074% | 4h | $2.1M | $633K | 50x | as long as short |
| OKX RAY-USDT-SWAPlong | 0.000% | −0.0096% | 8h | $4.3M | $11.5M | 20x | |
| Bullet RAY-USD | +0.046% | +0.0100% | 1h | $103K | $47K | 10x | as long as short |
| HTX RAY-USDT | +0.046% | +0.0100% | 4h | $14K | $209K | 20x | as long as short |
| Gate RAY_USDT | +0.074% | +0.0100% | 4h | $618K | $817K | 25x | as long as short |
| BingX RAY-USDT | +0.086% | +0.0100% | 4h | — | $1.9M | — | as long as short |
| SunX RAY-USDT | +0.086% | +0.0100% | 4h | — | $2.6M | 10x | as long as short |
| Bitget RAYUSDT | +0.097% | +0.0100% | 4h | $2.6M | $2.8M | 25x | as long as short |
| gTrade (Gains Network) RAY/USD | +0.116% | 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 | +0.137% | +0.0100% | 4h | $230K | $174K | 10x | as long as short |
| MEXC RAY_USDTshort | +0.143% | +0.0087% | 8h | $13.5M | $1.9M | 100x | |
| BloFin RAY-USDT | +0.149% | +0.0022% | 8h | $254K | $789K | 20x | as long as short |
| Kraken Futures PF_RAYUSD | +0.163% | −0.0714% | 1h | $83K | $370K | 10x | as long as short |
| Variational Omni RAY | +0.335% | −0.0714% | 4h | $611K | $949K | — | as long as short |
| Lighter RAY | +0.344% | +0.0464% | 1h | $332K | $183K | 5x | as long as short |