# RAY Funding Rate on LBank

As of 2026-10-07 08:59 UTC, the RAY perpetual on LBank pays 0.0039% per 4h, 0.0078% per 8 hours (8.54% APR), so longs pay shorts. That is the 10th highest of 15 exchanges shown, against a volume-weighted average of 0.0030% per 8 hours (3.28% APR). Over the last 7 days LBank averaged 0.0068% per 8 hours (7.41% APR). The next funding is at 2026-10-07 12:00 UTC.

## Funding on every exchange

| Exchange | Market | Funding rate | Interval | APR | Next funding |
| --- | --- | --- | --- | --- | --- |
| [XT.COM](https://arbtide.com/funding-rates/ray/xt) | [RAY/USDT:USDT](https://www.xt.com/en/futures/trade/ray_usdt) | 0.0237% | 8h | 25.95% | 2026-10-07 16:00 UTC |
| [Crypto.com](https://arbtide.com/funding-rates/ray/cryptocom) | [RAY/USD:USD](https://crypto.com/exchange/trade/RAYUSD-PERP) | 0.0024% | 1h | 21.36% | 2026-10-07 09:00 UTC |
| [Gate](https://arbtide.com/funding-rates/ray/gate) | [RAY/USDT:USDT](https://www.gate.com/futures/USDT/RAY_USDT) | 0.0050% | 4h | 10.95% | 2026-10-07 12:00 UTC |
| [KuCoin](https://arbtide.com/funding-rates/ray/kucoin) | [RAY/USDT:USDT](https://www.kucoin.com/trade/futures/RAYUSDTM) | 0.0050% | 4h | 10.95% | 2026-10-07 12:00 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% | 2026-10-07 12:00 UTC |
| [WOOFi Pro](https://arbtide.com/funding-rates/ray/woofipro) | [RAY/USDC:USDC](https://pro.woofi.com/en/trade/RAY_PERP) | 0.0050% | 4h | 10.95% | 2026-10-07 12:00 UTC |
| [Lighter](https://arbtide.com/funding-rates/ray/lighter) | [RAY/USDC:USDC](https://app.lighter.xyz/trade/RAY) | 0.0096% | 8h | 10.51% | — |
| [Bitget](https://arbtide.com/funding-rates/ray/bitget) | [RAY/USDT:USDT](https://www.bitget.com/futures/usdt/RAYUSDT) | 0.0039% | 4h | 8.54% | — |
| [LBank](https://arbtide.com/funding-rates/ray/lbank) | [RAY/USDT:USDT](https://www.lbank.com/futures/rayusdt) | 0.0039% | 4h | 8.54% | 2026-10-07 12:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/ray/mexc) | [RAY/USDT:USDT](https://www.mexc.com/futures/RAY_USDT) | 0.0038% | 8h | 4.16% | 2026-10-07 16:00 UTC |
| [OKX](https://arbtide.com/funding-rates/ray/okx) | [RAY/USDT:USDT](https://www.okx.com/trade-swap/ray-usdt-swap) | 0.0019% | 8h | 2.07% | 2026-10-07 16:00 UTC |
| [Toobit](https://arbtide.com/funding-rates/ray/toobit) | [RAY/USDT:USDT](https://www.toobit.com/en-US/futures/RAY-SWAP-USDT) | 0.0018% | 8h | 1.96% | 2026-10-07 16:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/ray/weex) | [RAY/USDT:USDT](https://www.weex.com/futures/RAY-USDT) | -0.0077% | 8h | -8.43% | 2026-10-07 08:59 UTC |
| [Kraken](https://arbtide.com/funding-rates/ray/kraken) | [RAY/USD:USD](https://pro.kraken.com/app/trade/futures-ray-usd-perp) | -0.0109% | 1h | -95.47% | — |

## Frequently asked questions

### What is the RAY funding rate on LBank?

0.0039% per 4h, or 0.0078% per 8 hours (8.54% APR), so longs pay shorts. The 7-day average is 0.0068% per 8 hours (7.41% APR).

### How often does LBank pay RAY funding?

Every 4 hours. The next payment is at 2026-10-07 12:00 UTC.

### Is RAY funding on LBank higher than on other exchanges?

LBank is the 10th highest of 15 exchanges shown. The highest is XT.COM at 0.0237% per 8h (25.95% APR) and the lowest is Kraken at -0.0109% per 1h (-95.47% APR).

### How do you arbitrage RAY funding with LBank?

Long RAY on Kraken and short on LBank for a gross spread of 0.0950% per 8 hours (104.02% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.