# RAY Funding Rates

As of 2026-10-03 17:03 UTC, RAY perpetual funding averages -0.0053% per 8 hours (-5.79% APR) across all 15 exchanges that list it, weighted by 24h volume (median 0.0100%). Highest: XT.COM at 0.0330% per 8h (36.13% APR). Lowest: MEXC at -0.0981% per 8h (-107.42% APR). Going long on MEXC and short on XT.COM collects a gross spread of 0.1311% per 8 hours (143.55% APR) before fees.

## Funding rate by exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [Crypto.com](https://arbtide.com/funding-rates/ray/cryptocom) | [RAY/USD:USD](https://crypto.com/exchange/trade/RAYUSD-PERP) | 0.0100% | 1h | 87.88% | 2026-10-03 17:00 UTC |
| [XT.COM](https://arbtide.com/funding-rates/ray/xt) | [RAY/USDT:USDT](https://www.xt.com/en/futures/trade/ray_usdt) | 0.0330% | 8h | 36.13% | 2026-10-04 00:00 UTC |
| [WOOFi Pro](https://arbtide.com/funding-rates/ray/woofipro) | [RAY/USDC:USDC](https://pro.woofi.com/en/trade/RAY_PERP) | 0.0130% | 4h | 28.47% | 2026-10-03 20:00 UTC |
| [OKX](https://arbtide.com/funding-rates/ray/okx) | [RAY/USDT:USDT](https://www.okx.com/trade-swap/ray-usdt-swap) | 0.0100% | 8h | 10.95% | 2026-10-04 00:00 UTC |
| [Bitget](https://arbtide.com/funding-rates/ray/bitget) | [RAY/USDT:USDT](https://www.bitget.com/futures/usdt/RAYUSDT) | 0.0050% | 4h | 10.95% | — |
| [Gate](https://arbtide.com/funding-rates/ray/gate) | [RAY/USDT:USDT](https://www.gate.com/futures/USDT/RAY_USDT) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/ray/kucoin) | [RAY/USDT:USDT](https://www.kucoin.com/trade/futures/RAYUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [BingX](https://arbtide.com/funding-rates/ray/bingx) | [RAY/USDT:USDT](https://bingx.com/en/perpetual/RAY-USDT) | 0.0050% | 4h | 10.95% | — |
| [HTX](https://arbtide.com/funding-rates/ray/htx) | [RAY/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=RAY-USDT&contract_type=swap&type=cross) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [LBank](https://arbtide.com/funding-rates/ray/lbank) | [RAY/USDT:USDT](https://www.lbank.com/futures/rayusdt) | 0.0050% | 4h | 10.95% | 2026-10-03 20:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/ray/toobit) | [RAY/USDT:USDT](https://www.toobit.com/en-US/futures/RAY-SWAP-USDT) | 0.0100% | 8h | 10.95% | 2026-10-04 00:00 UTC |
| [Lighter](https://arbtide.com/funding-rates/ray/lighter) | [RAY/USDC:USDC](https://app.lighter.xyz/trade/RAY) | 0.0096% | 8h | 10.51% | — |
| [Kraken](https://arbtide.com/funding-rates/ray/kraken) | [RAY/USD:USD](https://pro.kraken.com/app/trade/futures-ray-usd-perp) | -0.0050% | 1h | -44.22% | — |
| [WEEX](https://arbtide.com/funding-rates/ray/weex) | [RAY/USDT:USDT](https://www.weex.com/futures/RAY-USDT) | -0.0810% | 8h | -88.69% | 2026-10-03 17:03 UTC |
| [MEXC](https://arbtide.com/funding-rates/ray/mexc) | [RAY/USDT:USDT](https://www.mexc.com/futures/RAY_USDT) | -0.0981% | 8h | -107.42% | 2026-10-04 00:00 UTC |

## Frequently asked questions

### Is the RAY funding rate positive right now?

Mostly yes. RAY funding is positive on 12 of the 15 exchanges, which means longs are paying shorts on those venues.

### Which exchange has the highest RAY funding rate?

XT.COM at 0.0330% per 8h (36.13% APR). The lowest is MEXC at -0.0981% per 8h (-107.42% APR).

### What is the RAY funding arbitrage spread?

The gross spread is 0.1311% per 8 hours (143.55% APR): long RAY on MEXC and short on XT.COM. Trading fees, slippage and price basis reduce the net return.

### How often is RAY funding paid?

RAY funding is paid every 8 hours on XT.COM, OKX, Toobit, Lighter, WEEX, and MEXC; every 4 hours on WOOFi Pro, Bitget, Gate, KuCoin, BingX, HTX, and LBank; every hour on Crypto.com and Kraken. Rates on this page are also shown as APR so they can be compared directly.