Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: KuCoin against SunX0.000%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$219as in the Funding arb table
Net, price: spread back to 7d avg − costs−$212as in the Price arb table
costs, in and out, $10k−$2122.123% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 3 days (all we have)+0.139%+$14 · spread now 0.000%, 7d avg −0.006%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX RAY-USDT | 1.7813 | 0.0100 | pay 0.0050% / 4h | 1h 54m | — | $2.4M | 10x |
| Short | KuCoin RAYUSDTM | 1.7813 | 0.0100 | get 0.0050% / 4h | 1h 54m | $1.9M | $774K | 50x |
SunX RAY-USDT
KuCoin RAYUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against SunX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: 0.000% → −0.006%
- $0.61
- Slippage, 4 orders
- −$192.33
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$211.72
- Costs to cover
- 2.123%
- Break-even
- never at this rate
Slippage from SunX: live order book, 3 min ago; KuCoin: live order book, 2 min ago.
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 SunX live order book, 3 min ago | 45.03 bp | 63.4 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 8.69 bp | 32.6 bp −$33 | 336.8 bp −$3,368 | doesn't fit | doesn't fit |
RAY on 15 venues
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 | 1.7802 | −0.060% | $1K | — | 150x | as long as short |
| Injective RAY/USDC PERP | +0.0033% | 1h | 1.6428 | −7.775% | $266 | $25 | 5.5x | as long as short |
| MEXC RAY_USDT | +0.0050% | 8h | 1.7824 | +0.062% | $12.5M | $2.4M | 100x | as long as short |
| OKX RAY-USDT-SWAP | +0.0100% | 8h | 1.7819 | +0.034% | $4.5M | $12.8M | 20x | as long as short |
| Gate RAY_USDT | +0.0100% | 4h | 1.7811 | −0.011% | $555K | $1.1M | 25x | as long as short |
| KuCoin RAYUSDTMshort | +0.0100% | 4h | 1.7813 | 0.000% | $1.9M | $774K | 50x | |
| Bitget RAYUSDT | +0.0100% | 4h | 1.7824 | +0.062% | $2.6M | $3.7M | 25x | as long as short |
| Variational Omni RAY | +0.0100% | 4h | 1.7856 | +0.239% | $697K | $985K | — | as long as short |
| Bullet RAY-USD | +0.0100% | 1h | 1.7812 | −0.004% | $67K | $66K | 10x | as long as short |
| SunX RAY-USDTlong | +0.0100% | 4h | 1.7813 | long leg | — | $2.4M | 10x |
gTrade (Gains Network) RAY/USD
Injective RAY/USDC PERP
MEXC RAY_USDT
OKX RAY-USDT-SWAP
Gate RAY_USDT
Bitget RAYUSDT
Variational Omni RAY
Bullet RAY-USDShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX RAY-USDT | +0.0100% | 4h | 1.7809 | −0.022% | $13K | $96K | 20x | as long as short |
| Lighter RAY | +0.0136% | 1h | 1.7848 | +0.196% | $263K | $284K | 5x | as long as short |
| BingX RAY-USDT | +0.0266% | 4h | 1.7809 | −0.022% | — | $2.0M | — | as long as short |
| Orderly PERP_RAY_USDC | +0.0578% | 4h | 1.7826 | +0.073% | $217K | $285K | 10x | as long as short |
| Kraken Futures PF_RAYUSD | +0.0785% | 1h | 1.7729 | −0.472% | $89K | $450K | 10x | as long as short |
HTX RAY-USDT
Lighter RAY
BingX RAY-USDT
Orderly PERP_RAY_USDC
Kraken Futures PF_RAYUSD