RAY Funding Rate & Schedule
RAY perpetual futures funding rate on 3 exchanges: MEXC, OKX, BingX. Each exchange's next rate, how often it is collected, the next collection time, the 8-hour equivalent and 24h volume are below. Data as of 2026-10-18 16:01 UTC, from the exchanges' public endpoints.
- • Cheapest for longs: MEXC (8h equivalent −0.0190%).
- • Best for shorts: BingX (8h equivalent +0.0100%).
- • Cross-exchange spread: 0.0290% per 8h.
- • Next collection: MEXC at 20:00 UTC (−0.0095%, shorts pay longs).
- • Collection intervals: every 4h, 8h.
Where RAY stands
- • RAY ranks #346 by 24h volume among 922 pairs listed on at least two exchanges.
- • Average 8h equivalent across exchanges is −0.0020% (shorts pay) — #634 of 922 from the highest.
- • Cross-exchange spread is 0.0290% (8h), #244 by spread — a wider spread means more arbitrage room.
- • Exchanges collect this pair at different intervals (4h, 8h); compare by the 8h equivalent.
RAY — funding by exchange
| Exchange | Next rate | Who pays | Interval | Next collection | 8h equiv. | Annual | 24h volume | |
|---|---|---|---|---|---|---|---|---|
| MEXC | −0.0095% | ▼ shorts pay | every 4h | 20:00 UTC | −0.0190% | −20.8% | $1.2M | |
| OKX | +0.0030% | ▲ longs pay | every 8h | 00:00 UTC | +0.0030% | +3.3% | $5.7M | |
| BingX | +0.0050% | ▲ longs pay | every 4h | 20:00 UTC | +0.0100% | +10.9% | $1.4M |
The rate updates during the period and is fixed at collection. The 8h equivalent compares different intervals fairly (0.01% every 4h = 0.02% per 8h). Source: the exchanges' public endpoints.
Frequently asked questions
What is the RAY funding rate?
A periodic payment between long and short holders of the RAY perpetual contract. If the rate is positive, longs pay shorts; if negative, shorts pay longs. It keeps the perpetual price close to spot.
How often is RAY funding collected?
It depends on the exchange: MEXC 4h, OKX 8h, BingX 4h. Use the "8h equivalent" column to compare different intervals.
Which exchange has the lowest RAY funding?
At the last refresh the lowest 8h equivalent for longs was MEXC (−0.0190%) and the highest for shorts BingX (+0.0100%). Rates change during the period and are fixed at collection.
How is RAY funding calculated?
Payment = position size × funding rate. A 10,000 USDT RAY long at 0.01% pays 1 USDT at collection. Leverage doesn't change the payment; position size does. Highest 24h volume is on OKX ($5.7M).
Pairs with funding similar to RAY
Funding rates for other pairs
Guide: What Is the Funding Rate? How It's Calculated and When It's Paid · Funding Rate Arbitrage: Reading Cross-Exchange Funding Spreads