Spread before costs (cost unknown: a leg has no order-book sample)+0.237%
7d average−0.015%if it closes, per $10,000$24funding while held, a day+$20.73
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni RAY | 1.7403 | −0.0656 | get 0.0328% / 4h | 2h 33m | $582K | $948K | — |
| Short | BloFin RAY-USDT | 1.7444 | 0.0036 | get 0.0036% / 8h | 6h 33m | $250K | $791K | 20x |
Variational Omni RAY
BloFin 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
- $23.67
- Funding while held
- $20.73
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $32.4
- Spread needed to break even
- 0.120%
Slippage unknown: Variational Omni: RFQ quote, 7 min ago; BloFin: live order book, 65 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0691%
- Per $10,000 a day
- +$20.73
- 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 Variational Omni RFQ quote, 7 min ago | 5.00 bp | doesn't fit | 151.7 bp −$1,517 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 65 min ago | 2.79 bp | 19.9 bp −$20 | 54.2 bp −$542 | doesn't fit | doesn't fit |
RAY price on every exchange
against the cheapest. Click to use as the short leg.Injective1.6428cheapest
Kraken Futures1.7337+5.535%KuCoin1.7350+5.612%HTX1.7372+5.746%Bullet1.7378+5.783%gTrade (Gains Network)1.7379+5.788%MEXC1.7380+5.795%Bitget1.7383+5.813%Orderly1.7383+5.813%SunX1.7386+5.832%OKX1.7393+5.874%Gate1.7394+5.880%BingX1.7394+5.880%
Injective
Kraken Futures
KuCoin
HTX
Bullet
gTrade (Gains Network)
MEXC
Bitget
Orderly
SunX
OKX
Gate
BingXVariational Omni1.7403+5.934%
Lighter1.7416+6.014%
LighterBloFin1.7444+6.185%
RAY on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective RAY/USDC PERP | −5.601% | +0.0033% | 1h | $266 | $25 | 5.5x | as long as short |
| Kraken Futures PF_RAYUSD | −0.376% | −0.0720% | 1h | $79K | $376K | 10x | as long as short |
| KuCoin RAYUSDTM | −0.303% | −0.0064% | 4h | $2.0M | $659K | 50x | as long as short |
| HTX RAY-USDT | −0.177% | +0.0100% | 4h | $14K | $203K | 20x | as long as short |
| Bullet RAY-USD | −0.143% | +0.0100% | 1h | $102K | $47K | 10x | as long as short |
| gTrade (Gains Network) RAY/USD | −0.138% | L +0.0001% / S +0.0056% | 1h | $2K | — | 150x | as long as short |
| MEXC RAY_USDT | −0.131% | +0.0314% | 8h | $13.3M | $2.0M | 100x | as long as short |
| Bitget RAYUSDT | −0.114% | +0.0100% | 4h | $2.5M | $2.9M | 25x | as long as short |
| Orderly PERP_RAY_USDC | −0.114% | +0.0100% | 4h | $224K | $179K | 10x | as long as short |
| SunX RAY-USDT | −0.097% | +0.0100% | 4h | — | $2.6M | 10x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX RAY-USDT-SWAP | −0.056% | −0.0080% | 8h | $4.3M | $11.5M | 20x | as long as short |
| Gate RAY_USDT | −0.051% | +0.0100% | 4h | $614K | $833K | 25x | as long as short |
| BingX RAY-USDT | −0.051% | +0.0212% | 4h | — | $1.9M | — | as long as short |
| Variational Omni RAYlong | 0.000% | −0.0656% | 4h | $582K | $948K | — | |
| Lighter RAY | +0.076% | +0.0768% | 1h | $328K | $185K | 5x | as long as short |
| BloFin RAY-USDTshort | +0.237% | +0.0036% | 8h | $250K | $791K | 20x |