This data is no longer updating. Last observed 7 days ago, on 2026-09-16. Usually this means the exchange delisted the contract: the numbers below are a snapshot from that moment, not the current market.

RAY — funding rate on OKX

OKX · RAY-USDT-SWAP

-0.003%per 8h · -0.000%/hlongs receive

last settlement-0.011%→upcoming payout-0.003%• unchanged

nowsettlement

0calmheat

Price (mark)

1.3446

+9.2% 24h

Vol 24h

$14.7M

Open interest

$4.2M

Price move in 2 min

—

avg 7d

—

avg 30d

-0.002%/h

Price and skew

Liquidations

24h$62K

$27K longs$34K shorts

Both sides almost equally. $590 over the last hour.

Entry economics

Position calculator

Margin, USD= $2,500 position at 5xLeverage · max 20xe.g. “5”Fees per side, %

takermaker

Position size: $2,500
Funding per settlement (8h): $0.07 · $0.01/hour
Net snipe per settlement: $-3.93 = 0.003% − 0.110% − 0.050%
Break-even for entry: rate covers the threshold 0.02×needs 0.160%+ per settlement
Liquidation price: 1.0824 (−19.50% from price)
Risk at this leverage: no volatility data
Max “green” leverage: —

Funding goes to whoever holds the position at the cut-off. MMR in the liquidation formula is +0.50%; verify the price on the exchange before trading.

Context and comparison

Funding history · 250 settlements

avg 30d -0.002%/hCSV export — in PRO

How to read this

Snipe: enter long before the cut-off, exit after settlement. Funding goes to whoever holds the position at the cut-off. The net capture in the calculator is already net of fees and slippage — and it does not include price moving against you in the settlement window (see volatility above).
Hedged: a long here + an opposite position of the same size on another exchange or spot — funding capture without price risk, but four legs of fees.
Extreme funding is a crowd story: price often runs into the cut-off and reverses after. This is data for a decision, not a recommendation.