After costs, if the gap returns to its 7d average, $10k−$181
spread now−0.028%7d average+0.043%fees + slippage, in and out−$174spread needed1.738%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX RAY-USDT-SWAP | 1.7761 | −0.0114 | get 0.0114% / 8h | 1m 59s | $4.4M | $11.8M | 20x |
| Short | SunX RAY-USDT | 1.7756 | 0.0100 | get 0.0050% / 4h | 1m 59s | — | $2.7M | 10x |
OKX RAY-USDT-SWAP
SunX 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
- −$2.82
- Funding while held
- $6.43
- Slippage, 4 orders
- −$153.77
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SunX: 5 bp × 2 orders
- −$10
- Net
- −$170.15
- Spread needed to break even
- 1.738%
Slippage from OKX: live order book, 3 min ago; SunX: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0214%
- Per $10,000 a day
- +$6.43
- 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, 3 min ago | 1.40 bp | 28.2 bp −$28 | 172.6 bp −$1,726 | doesn't fit | doesn't fit |
| Sell SunX live order book, 1 min ago | 45.82 bp | 65.6 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
RAY price on every exchange
against the cheapest. Click to use as the short leg.Injective1.6428cheapest
InjectiveSunX1.7756+8.084%
OKX1.7761+8.114%
BingX1.7764+8.132%Bullet1.7773+8.189%Bitget1.7775+8.199%KuCoin1.7777+8.212%Orderly1.7777+8.212%gTrade (Gains Network)1.7777+8.213%MEXC1.7778+8.218%Gate1.7779+8.224%Lighter1.7799+8.346%BloFin1.7800+8.352%Kraken Futures1.7812+8.423%HTX1.7823+8.492%Variational Omni1.7841+8.599%
BingX
Bullet
Bitget
KuCoin
Orderly
gTrade (Gains Network)
MEXC
Gate
Lighter
BloFin
Kraken Futures
HTX
Variational OmniRAY on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective RAY/USDC PERP | −7.505% | +0.0033% | 1h | $266 | $25 | 5.5x | as long as short |
| SunX RAY-USDTshort | −0.028% | +0.0100% | 4h | — | $2.7M | 10x | |
| OKX RAY-USDT-SWAPlong | 0.000% | −0.0114% | 8h | $4.4M | $11.8M | 20x | |
| BingX RAY-USDT | +0.017% | +0.0100% | 4h | — | $2.0M | — | as long as short |
| Bullet RAY-USD | +0.069% | −0.0242% | 1h | $104K | $47K | 10x | as long as short |
| Bitget RAYUSDT | +0.079% | +0.0100% | 4h | $2.6M | $2.8M | 25x | as long as short |
| KuCoin RAYUSDTM | +0.090% | −0.0008% | 4h | $2.1M | $605K | 50x | as long as short |
| Orderly PERP_RAY_USDC | +0.090% | +0.0100% | 4h | $235K | $150K | 10x | as long as short |
| gTrade (Gains Network) RAY/USD | +0.091% | L +0.0001% / S +0.0056% | 1h | $2K | — | 150x | as long as short |
| MEXC RAY_USDT | +0.096% | −0.0389% | 8h | $13.8M | $2.1M | 100x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate RAY_USDT | +0.101% | +0.0100% | 4h | $589K | $800K | 25x | as long as short |
| Lighter RAY | +0.214% | +0.0288% | 1h | $320K | $150K | 5x | as long as short |
| BloFin RAY-USDT | +0.220% | +0.0012% | 8h | $254K | $800K | 20x | as long as short |
| Kraken Futures PF_RAYUSD | +0.286% | −0.1302% | 1h | $97K | $367K | 10x | as long as short |
| HTX RAY-USDT | +0.349% | +0.0100% | 4h | $14K | $223K | 20x | as long as short |
| Variational Omni RAY | +0.449% | −0.0725% | 4h | $631K | $889K | — | as long as short |