RAY funding rate

Live Raydium perpetual funding on every connected exchange. Positive funding means longs pay shorts.

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Highest (24h)+0.030%KuCoin

Lowest (24h)-0.213%Variational

Average (24h)-0.044%across 7 venues

Funding gap (24h)+0.243%short the highest, long the lowest

ExchangeFundingIntervalNext in24hAPRMarkvs indexVolume

KuCoinCEX · RAYUSDTM+0.0050%4h01:52:48+0.030%+10.9%$2.46+0.004%$4.83M

HTXCEX · RAY-USDT+0.0050%8h01:52:48+0.015%+5.5%——$149.0K

GateCEX · RAY_USDT-0.0005%4h01:52:48-0.003%-1.1%$2.46-0.130%$35.13M

OKXCEX · RAY-USDT-SWAP-0.0093%8h05:52:48-0.028%-10.2%$2.46—$93.44M

MEXCCEX · RAY_USDT-0.0122%8h05:52:48-0.037%-13.4%$2.46-0.094%$29.31M

BitgetCEX · RAYUSDT-0.0123%4h—-0.074%-26.9%$2.45-0.140%$19.02M

VariationalCEX · RAY-0.0355%4h—-0.213%-77.7%$2.46—$2.37M

RAY funding rate explained

Right now Raydium (RAY) perpetual futures trade on 7 exchanges we track. The highest funding is on KuCoin at +0.030% per day, the lowest on Variational at -0.213%. The average across all venues is -0.044% per day, or about -16.1% a year. Negative funding means RAY shorts are paying longs — the market is leaning short.

The gap between the highest and lowest venue is +0.243% per day. A delta-neutral position that shorts RAY on KuCoin and goes long on Variational would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live RAY arbitrage page for the price side of the trade.

Settlement intervals differ: RAY funding is paid every 4 hours and 8 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.

What is the RAY funding rate today?

The average RAY funding rate across 7 exchanges is -0.044% per 24 hours. It ranges from -0.213% on Variational to +0.030% on KuCoin. Rates update every few seconds on this page.

Which exchange has the highest RAY funding rate?

KuCoin currently has the highest RAY funding at +0.030% per day, and Variational the lowest at -0.213%.

How often is RAY funding paid?

RAY perpetuals settle funding every 4 hours and 8 hours, depending on the exchange. The table shows each venue's interval and a countdown to the next payment.

Is RAY funding positive or negative?

On average it is negative (-0.044% per day): shorts pay longs.