Funding you earn now, next payment 02:00 UTC−0.0156%/8h= −17.0% APRpaid last 24h +0.117%
Price spread now: gTrade (Gains Network) against Variational Omni+0.048%51s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.048% dearer against Variational Omni than usual: you sell high and buy low (spread +0.048% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 25 hours. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni RAY | 1.7866 | 0.0100 | pay 0.0050% / 4h | 2h 03m | $700K | $985K | — |
| Short | gTrade (Gains Network) RAY/USD | 1.7875 | L +0.0001% / S +0.0056% | pay 0.0007% / 1h | 3m 35s | $1K | — | 150x |
Variational Omni RAY
gTrade (Gains Network) RAY/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Variational Omni. 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
- −$32.67
- Price spread: +0.048% → 0.000%
- $4.83
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$37.84
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 20 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
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, 20 min ago | 6.36 bp | doesn't fit | 60.1 bp −$601 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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/USDshort | L +0.0001% / S +0.0056% | 1h | 1.7875 | +0.048% | $1K | — | 150x | |
| Kraken Futures PF_RAYUSD | +0.0010% | 1h | 1.7799 | −0.377% | $89K | $451K | 10x | as long as short |
| Injective RAY/USDC PERP | +0.0033% | 1h | 1.6428 | −8.051% | $266 | $25 | 5.5x | as long as short |
| MEXC RAY_USDT | +0.0050% | 8h | 1.7854 | −0.069% | $12.6M | $2.5M | 100x | as long as short |
| OKX RAY-USDT-SWAP | +0.0100% | 8h | 1.7858 | −0.047% | $4.5M | $12.8M | 20x | as long as short |
| Gate RAY_USDT | +0.0100% | 4h | 1.7859 | −0.041% | $559K | $1.1M | 25x | as long as short |
| KuCoin RAYUSDTM | +0.0100% | 4h | 1.7853 | −0.075% | $1.9M | $780K | 50x | as long as short |
| Bitget RAYUSDT | +0.0100% | 4h | 1.7864 | −0.013% | $2.6M | $3.7M | 25x | as long as short |
| BingX RAY-USDT | +0.0100% | 4h | 1.7876 | +0.054% | — | $2.0M | — | as long as short |
| Variational Omni RAYlong | +0.0100% | 4h | 1.7866 | long leg | $700K | $985K | — |
Kraken Futures PF_RAYUSD
Injective RAY/USDC PERP
MEXC RAY_USDT
OKX RAY-USDT-SWAP
Gate RAY_USDT
KuCoin RAYUSDTM
Bitget RAYUSDT
BingX RAY-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet RAY-USD | +0.0100% | 1h | 1.7882 | +0.088% | $67K | $66K | 10x | as long as short |
| SunX RAY-USDT | +0.0100% | 4h | 1.7888 | +0.121% | — | $2.5M | 10x | as long as short |
| HTX RAY-USDT | +0.0100% | 4h | 1.7870 | +0.020% | $13K | $99K | 20x | as long as short |
| Lighter RAY | +0.0328% | 1h | 1.7895 | +0.160% | $265K | $289K | 5x | as long as short |
| Orderly PERP_RAY_USDC | +0.0600% | 4h | 1.7879 | +0.071% | $218K | $285K | 10x | as long as short |
Bullet RAY-USD
SunX RAY-USDT
HTX RAY-USDT
Lighter RAY
Orderly PERP_RAY_USDC