RAY$1.97-9.34%Market Cap$524.00M
Circulating Supply269,738,730
Total Supply554,997,405
WebsiteWebsiteWhitepaper
Explorers
RAY$1.97-9.34%Open Interest-8.86%$16.70M
Futures Volume-27.36%$24.45M
Liquidation-73.03%$38.47K
Long Liquidation+459.87%$35.14K
Short Liquidation-97.62%$3.33K
RAY Long/Short All0.948
OKX Long/Short0.961
MEXC Long/Short0.952
Bitget Long/Short0.973
BingX Long/Short0.938
Funding Rate
RAY OI-Weighted (4h)+0.0040%
OKX RAY/USDT (8h)+0.0100%
Kraken RAY/USDT (1h)+0.0068%
KuCoin RAY/USDT (4h)+0.0050%
HTX RAY/USDT (—)+0.0050%
Current FundingA funding rate is a periodic payment exchanged directly between long and short traders in perpetual futures. Learn more →+0.0080%
Annualized · APR+8.72%
Next Funding—
Funding Accum · 1D—
RAY Funding Rate Chart · Perpetual · Aggregated
Funding Rate · per 8hpositive · longs pay shortsnegative · shorts pay longsRAY price
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View RAY liquidation heatmap →Where leveraged longs and shorts get liquidated · Binance, Bybit, OKX, Hyperliquid and more
Exchanges RAY Funding Rates
| Exchanges | Funding Rate | APR | 1D Accumulated | Next Funding | Interval | |
|---|---|---|---|---|---|---|
| ΣOI-Weighted | +0.0080% | — | — | — | — | |
| OOKX | +0.0100% | +10.95% | +0.0300% | 07:37:38 | 8h | Trade |
| MMEXC | -0.0009% | -0.99% | +0.1967% | 07:37:38 | 8h | Trade |
| BBitget | +0.0050% | +10.95% | +0.0300% | 03:37:38 | 4h | Trade |
| KKuCoin | +0.0050% | +10.95% | +0.0300% | 03:37:38 | 4h | Trade |
| GGate | +0.0050% | +10.95% | +0.0300% | 03:37:38 | 4h | Trade |
| BBingX | +0.0050% | +10.95% | +0.1973% | 03:37:38 | 4h | |
| LLighter | +0.0012% | +10.51% | +0.0342% | 00:37:38 | 1h | |
| KKraken | +0.0068% | +59.67% | +0.1713% | 00:37:38 | 1h | |
| CCrypto.com | -0.0043% | -37.96% | +0.1390% | 00:37:38 | 1h | |
| HHTX | +0.0050% | +5.47% | +0.0150% | — | — | Trade |
Rates are per settlement interval (1h/4h/8h depending on exchange) and APR annualizes the current rate at that interval. The Accumulated column sums the rate at each settlement over the selected window (1Y uses exchange-reported yearly accumulation). Live rates update about every 10 seconds.
How to read the colors: funding reflects positioning and the cost of leverage, not price direction. Funding is the fee longs pay shorts (negative means shorts pay longs). Green = funding below the neutral baseline (~0.01% per 8h): holding longs is cheap and the market is not crowded long. Gray = the neutral zone around baseline. Red = elevated funding: longs are crowded and paying up, with deeper red meaning a more extreme premium. The Accumulated column is colored by its per-settlement average, so it reads on the same scale as the live rate. Green funding while price falls = no euphoria and longs are cheap to hold — often a constructive contrarian signal. Red funding while price rises = crowded leveraged longs paying high fees — a setup vulnerable to long squeezes.
The current RAY USDT perpetual funding rate (4h, OI-weighted) is +0.0080%, meaning longs are paying shorts right now. Across the 10 exchanges reporting a rate, it ranges from -0.0043% on Crypto.com to +0.0100% on OKX — a spread that shows how positioning differs venue by venue. A positive rate is typical when perpetual contracts trade at or above the spot price and long positioning dominates. Learn more about how funding rates work →
See the live funding rate matrix for every exchange →
About RAY funding rates
The Raydium funding rate (RAY funding rate) is the periodic payment exchanged between longs and shorts on RAY perpetual futures. This page charts the OI-weighted Raydium perpetual funding rate (RAY perpetual funding rate) against price, plus each exchange's current rate, accumulated funding from one day out to one year, and the countdown to its next settlement.
The headline rate weights every venue by its share of RAY open interest, so large markets move the aggregate more than small ones. Venues reporting no data are excluded and figures refresh continuously.
Frequently asked questions
What is the RAY funding rate right now?
On an OI-weighted basis, RAY funding currently sits at +0.0080% — traders holding longs pay shorts until the next settlement (settled every 4 hours on most venues).
Which exchange has the highest RAY funding rate?
OKX currently prints the highest RAY rate at +0.0100%; Crypto.com sits lowest at -0.0043%. Every venue's current and accumulated rate is listed in the table below.
How often is RAY funding settled?
Settlement schedules differ by venue — from every hour to every 8 hours. The countdown to each exchange's next settlement runs in the table below.
RE
FLOKI
PIPPIN
TRIA
DEXE
APR