# RAY Funding Rate on Toobit

As of 2026-10-05 19:56 UTC, the RAY perpetual on Toobit pays 0.0100% per 8h, 0.0100% per 8 hours (10.95% APR), so longs pay shorts. That is the 10th highest of 15 exchanges shown, against a volume-weighted average of 0.0087% per 8 hours (9.51% APR). Over the last 7 days Toobit averaged 0.0061% per 8 hours (6.67% APR). The next funding is at 2026-10-06 00:00 UTC.

## Funding on every 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) | 0.0174% | 1h | 152.50% | 2026-10-05 20:00 UTC |
| [WOOFi Pro](https://arbtide.com/funding-rates/ray/woofipro) | [RAY/USDC:USDC](https://pro.woofi.com/en/trade/RAY_PERP) | 0.0197% | 4h | 43.25% | 2026-10-05 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% | 2026-10-06 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% | 2026-10-05 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% | 2026-10-05 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% | 2026-10-05 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% | 2026-10-05 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% | 2026-10-06 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% | — |
| [XT.COM](https://arbtide.com/funding-rates/ray/xt) | [RAY/USDT:USDT](https://www.xt.com/en/futures/trade/ray_usdt) | 0.0050% | 8h | 5.49% | 2026-10-06 00:00 UTC |
| [MEXC](https://arbtide.com/funding-rates/ray/mexc) | [RAY/USDT:USDT](https://www.mexc.com/futures/RAY_USDT) | 0.0050% | 8h | 5.47% | 2026-10-06 00:00 UTC |
| [WEEX](https://arbtide.com/funding-rates/ray/weex) | [RAY/USDT:USDT](https://www.weex.com/futures/RAY-USDT) | 0.0050% | 8h | 5.47% | 2026-10-05 19:56 UTC |
| [Kraken](https://arbtide.com/funding-rates/ray/kraken) | [RAY/USD:USD](https://pro.kraken.com/app/trade/futures-ray-usd-perp) | -0.0075% | 1h | -65.54% | — |

## Frequently asked questions

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

0.0100% per 8h, or 0.0100% per 8 hours (10.95% APR), so longs pay shorts. The 7-day average is 0.0061% per 8 hours (6.67% APR).

### How often does Toobit pay RAY funding?

Every 8 hours. The next payment is at 2026-10-06 00:00 UTC.

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

Toobit is the 10th highest of 15 exchanges shown. The highest is OKX at 0.0100% per 8h (10.95% APR) and the lowest is Kraken at -0.0075% per 1h (-65.54% APR).

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

Long RAY on Kraken and short on Toobit for a gross spread of 0.0699% per 8 hours (76.49% APR). Trading fees, slippage and the price basis between the two venues reduce the net return.