Raydium Funding Rate (RAY)

Compare Raydium perpetual funding rates across exchanges in real time · OI-weighted composite rate · updated every minute

Raydium current price: $0.6845

Rate MatrixHeatmapCumulative Fees

RAY Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1MEXC+0.0050%$6.8M
2KuCoin+0.0050%+10.95%4h00:00 UTC$1.3M
3Bitget+0.0050%+10.95%4h$0.9M
4Gate+0.0050%+10.95%4h00:00 UTC$0.1M
5Kraken+0.0022%$0.1M
6CoinEx+0.0000%+0.00%8h08:00 UTC$0.0M
7Crypto.comhighest+0.0065%$0.0M
8edgeX+0.0050%+10.95%4h12:00 UTC$0.0M
9Binance+0.0000%+0.00%8h00:00 UTC
10BingX+0.0050%00:00 UTC
11Bitunix+0.0050%+10.95%4h00:00 UTC
12LBank+0.0050%00:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0041%
OI-Weighted Rate
+0.0050%
Volume-Weighted Rate
+0.0048%

RAY Funding Rate History

About Raydium Funding Rate

What is the RAY funding rate?

The RAY funding rate is a periodic payment between long and short traders on Raydium perpetual futures, designed to keep the contract price anchored to the spot index. When the rate is positive, longs pay shorts; when negative, shorts pay longs. It is the main ongoing cost (or income) of holding a leveraged RAY perpetual position.

What does a positive or negative RAY funding rate mean?

A persistently positive RAY funding rate signals crowded long positioning and bullish sentiment — longs keep paying to stay in the trade. A negative rate signals short-side dominance and bearish sentiment. Extreme funding rates in either direction often indicate an overcrowded trade and raise the risk of a sharp reversal or short squeeze/long squeeze.

What is the current RAY funding rate?

As of now, the RAY funding rate averages 0.0041% across 12 exchanges CoinBoss tracks, and the rate is positive. This figure updates in real time — check the table above for the latest per-exchange breakdown and the OI-weighted composite rate.

Which exchange has the highest RAY funding rate?

Right now cryptocom shows the highest (or most extreme) RAY funding rate among tracked exchanges, at 0.0065%. Funding rates can vary meaningfully across exchanges due to differences in order-book premium, index price and leverage demand — creating potential funding rate arbitrage opportunities.
Most exchanges settle funding every 8 hours (00:00 / 08:00 / 16:00 UTC). Actual settlement intervals may vary by exchange and contract.