Spread before costs (cost unknown: a leg has no order-book sample)+0.074%
7d average+0.032%if it closes, per $10,000$7funding while held, a day+$11.40
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni RAY | 1.7546 | −0.0280 | get 0.0140% / 4h | 1h 42m | $580K | $938K | — |
| Short | Bullet RAY-USD | 1.7559 | 0.0100 | get 0.0013% / 1h | 42m 41s | $103K | $46K | 10x |
Variational Omni RAY
Bullet RAY-USDPrice 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
- $7.44
- Funding while held
- $11.4
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- $10.84
- Spread needed to break even
- 0.080%
Slippage unknown: Variational Omni: RFQ quote, 58 min ago; Bullet: live order book, 53 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0380%
- Per $10,000 a day
- +$11.40
- 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, 58 min ago | 5.00 bp | doesn't fit | 151.7 bp −$1,517 | doesn't fit | doesn't fit |
| Sell Bullet live order book, 53 min ago | 2.01 bp | 6.4 bp −$6 | 9.6 bp −$96 | doesn't fit | doesn't fit |
RAY price on every exchange
against the cheapest. Click to use as the short leg.Injective1.6428cheapest
InjectiveVariational Omni1.7546+6.805%
BloFin1.7547+6.812%OKX1.7555+6.860%Gate1.7556+6.866%HTX1.7557+6.872%KuCoin1.7558+6.879%gTrade (Gains Network)1.7558+6.879%
BloFin
OKX
Gate
HTX
KuCoin
gTrade (Gains Network)Bullet1.7559+6.885%
SunX1.7559+6.885%BingX1.7562+6.903%Orderly1.7564+6.915%Kraken Futures1.7567+6.932%MEXC1.7570+6.952%Bitget1.7570+6.952%Lighter1.7610+7.195%
SunX
BingX
Orderly
Kraken Futures
MEXC
Bitget
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 | −6.371% | +0.0033% | 1h | $266 | $25 | 5.5x | as long as short |
| Variational Omni RAYlong | 0.000% | −0.0280% | 4h | $580K | $938K | — | |
| BloFin RAY-USDT | +0.006% | +0.0104% | 8h | $249K | $719K | 20x | as long as short |
| OKX RAY-USDT-SWAP | +0.052% | +0.0027% | 8h | $4.4M | $11.8M | 20x | as long as short |
| Gate RAY_USDT | +0.057% | +0.0100% | 4h | $602K | $877K | 25x | as long as short |
| HTX RAY-USDT | +0.063% | +0.0100% | 4h | $14K | $191K | 20x | as long as short |
| KuCoin RAYUSDTM | +0.069% | +0.0092% | 4h | $2.0M | $683K | 50x | as long as short |
| gTrade (Gains Network) RAY/USD | +0.069% | L +0.0001% / S +0.0056% | 1h | $2K | — | 150x | as long as short |
| Bullet RAY-USDshort | +0.074% | +0.0100% | 1h | $103K | $46K | 10x | |
| SunX RAY-USDT | +0.074% | +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 | |
|---|---|---|---|---|---|---|---|
| BingX RAY-USDT | +0.092% | +0.0896% | 4h | — | $1.9M | — | as long as short |
| Orderly PERP_RAY_USDC | +0.103% | +0.0100% | 4h | $226K | $181K | 10x | as long as short |
| Kraken Futures PF_RAYUSD | +0.119% | −0.1037% | 1h | $82K | $381K | 10x | as long as short |
| MEXC RAY_USDT | +0.137% | +0.0823% | 8h | $13.5M | $2.0M | 100x | as long as short |
| Bitget RAYUSDT | +0.137% | +0.0100% | 4h | $2.6M | $2.9M | 25x | as long as short |
| Lighter RAY | +0.365% | +0.0912% | 1h | $323K | $179K | 5x | as long as short |