RAY perpetuals
Compare funding costs for one asset across venues.
Data as of 2026-09-09 12:47 UTC
RAY is quoted on 3 contracts. The highest funding rate is on Bitget at +10.95% annualised over a 4h rate period, and the lowest is on OKX at -103.78% — a gap of 114.73 points. Rate periods differ by venue, so rates are normalised to simple annualised values. Payment direction depends on whether the position is long or short.
By venue
| Venue | Rate | Annualised | 30d realised APR | Max leverage | 24h turnover | Actions |
|---|---|---|---|---|---|---|
| BitgetCentralisedRAYUSDT | +0.0050%4h | +10.95% | +4.22% |
25x | 8.5M | |
| GateCentralisedRAY_USDT | +0.0037%4h | +8.10% | +6.38% |
25x | 2.3M | |
| OKXCentralisedRAY-USDT-SWAP | -0.0948%8h | -103.78% | +1.76% |
20x | 43.6M |
RAY comparison scope and payment direction
This page retains low-turnover RAY contracts without the main ranking’s $1M threshold. Positive funding is paid by longs; negative funding is paid by shorts. High and low are rate values, not recommendations. Contracts can use different quote currencies, settlement currencies and multipliers; check their specifications before comparing. Annualisation method · Official sources.
Rates and chart methodology
Annualised over the window sums what actually settled on that contract, then extrapolates across the hours those settlements covered — it is not today's rate projected forward. A contract listed less than 30 days ago is extrapolated from its own span. The grey line is zero: above it longs pay, below it shorts pay. Every row in that column shares one vertical scale, so their swings can be compared directly.
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Margin ladders
Bitget · RAYUSDT No deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 5000 quote | 2.0000% | 25.00x | — |
| 2 | 5000 – 10000 quote | 2.5000% | 20.00x | — |
| 3 | 10000 – 20000 quote | 4.0000% | 15.00x | — |
| 4 | 20000 – 30000 quote | 5.0000% | 10.00x | — |
| 5 | 30000 – 50000 quote | 10.0000% | 5.00x | — |
| 6 | 50000 – 250000 quote | 17.0000% | 3.00x | — |
| 7 | 250000 – 2500000 quote | 30.0000% | 2.00x | — |
| 8 | 2500000 – ∞ quote | 60.0000% | 1.00x | — |
Gate · RAY_USDT With deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 10000 quote | 2.0000% | 25.00x | — |
| 2 | 10000 – 20000 quote | 2.5000% | 20.00x | 50 |
| 3 | 20000 – 30000 quote | 3.5000% | 18.00x | 250 |
| 4 | 30000 – 50000 quote | 4.5000% | 16.00x | 550 |
| 5 | 50000 – 70000 quote | 6.0000% | 12.00x | 1300 |
| 6 | 70000 – 100000 quote | 8.0000% | 10.00x | 2700 |
| 7 | 100000 – 200000 quote | 10.0000% | 8.00x | 4700 |
| 8 | 200000 – 300000 quote | 15.0000% | 5.00x | 14700 |
| 9 | 300000 – 500000 quote | 20.0000% | 4.00x | 29700 |
| 10 | 500000 – 700000 quote | 28.0000% | 3.00x | 69700 |
| 11 | 700000 – 1000000 quote | 45.0000% | 2.00x | 188700 |
| 12 | 1000000 – 1500000 quote | 60.0000% | 1.50x | 338700 |
| 13 | 1500000 – 2000000 quote | 78.0000% | 1.20x | 608700 |
| 14 | 2000000 – ∞ quote | 90.0000% | 1.05x | 848700 |
OKX · RAY-USDT-SWAP No deduction
| Tier | Range | Maintenance rate | Max leverage | Deduction |
|---|---|---|---|---|
| 1 | 0 – 18000 base | 2.0000% | 20.00x | — |
| 2 | 18001 – 35000 base | 3.0000% | 15.00x | — |
| 3 | 35001 – 52000 base | 4.0000% | 12.50x | — |
| 4 | 52001 – 72000 base | 4.5000% | 11.76x | — |
| 5 | 72001 – 90000 base | 5.0000% | 11.11x | — |
| 6 | 90001 – 108000 base | 5.5000% | 10.52x | — |
| 7 | 108001 – 126000 base | 6.0000% | 10.00x | — |
| 8 | 126001 – 144000 base | 6.5000% | 9.52x | — |
| 9 | 144001 – 162000 base | 7.0000% | 9.09x | — |
| 10 | 162001 – 180000 base | 7.5000% | 8.69x | — |
| 11 | 180001 – 198000 base | 8.0000% | 8.33x | — |
| 12 | 198001 – 216000 base | 8.5000% | 8.00x | — |
| 13 | 216001 – 234000 base | 9.0000% | 7.69x | — |
| 14 | 234001 – 252000 base | 9.5000% | 7.40x | — |
| 15 | 252001 – 270000 base | 10.0000% | 7.14x | — |
| 16 | 270001 – 288000 base | 10.5000% | 6.89x | — |
| 17 | 288001 – 306000 base | 11.0000% | 6.66x | — |
| 18 | 306001 – 324000 base | 11.5000% | 6.45x | — |
| 19 | 324001 – 342000 base | 12.0000% | 6.25x | — |
| 20 | 342001 – 360000 base | 12.5000% | 6.06x | — |
| 21 | 360001 – 378000 base | 13.0000% | 5.88x | — |
| 22 | 378001 – 396000 base | 13.5000% | 5.71x | — |
| 23 | 396001 – 414000 base | 14.0000% | 5.55x | — |
| 24 | 414001 – 432000 base | 14.5000% | 5.40x | — |
| 25 | 432001 – 450000 base | 15.0000% | 5.26x | — |
| 26 | 450001 – 468000 base | 15.5000% | 5.12x | — |
| 27 | 468001 – 486000 base | 16.0000% | 5.00x | — |
| 28 | 486001 – 504000 base | 16.5000% | 4.87x | — |
| 29 | 504001 – 522000 base | 17.0000% | 4.76x | — |
| 30 | 522001 – 540000 base | 17.5000% | 4.65x | — |
| 31 | 540001 – 558000 base | 18.0000% | 4.54x | — |
| 32 | 558001 – 576000 base | 18.5000% | 4.44x | — |
| 33 | 576001 – 594000 base | 19.0000% | 4.34x | — |
| 34 | 594001 – 612000 base | 19.5000% | 4.25x | — |
| 35 | 612001 – 630000 base | 20.0000% | 4.16x | — |
| 36 | 630001 – 648000 base | 20.5000% | 4.08x | — |
| 37 | 648001 – 666000 base | 21.0000% | 4.00x | — |
| 38 | 666001 – 684000 base | 21.5000% | 3.92x | — |
| 39 | 684001 – 702000 base | 22.0000% | 3.84x | — |
| 40 | 702001 – 720000 base | 22.5000% | 3.77x | — |
| 41 | 720001 – 738000 base | 23.0000% | 3.70x | — |
| 42 | 738001 – 756000 base | 23.5000% | 3.63x | — |
| 43 | 756001 – 774000 base | 24.0000% | 3.57x | — |
| 44 | 774001 – 792000 base | 24.5000% | 3.50x | — |
| 45 | 792001 – 810000 base | 25.0000% | 3.44x | — |
| 46 | 810001 – 828000 base | 25.5000% | 3.38x | — |
| 47 | 828001 – 846000 base | 26.0000% | 3.33x | — |
| 48 | 846001 – 864000 base | 26.5000% | 3.27x | — |
| 49 | 864001 – 882000 base | 27.0000% | 3.22x | — |
| 50 | 882001 – 900000 base | 27.5000% | 3.17x | — |
| 51 | 900001 – 918000 base | 28.0000% | 3.12x | — |
| 52 | 918001 – 936000 base | 28.5000% | 3.07x | — |
| 53 | 936001 – 954000 base | 29.0000% | 3.03x | — |
| 54 | 954001 – 972000 base | 29.5000% | 2.98x | — |
| 55 | 972001 – 990000 base | 30.0000% | 2.94x | — |
| 56 | 990001 – 1008000 base | 30.5000% | 2.89x | — |
| 57 | 1008001 – 1026000 base | 31.0000% | 2.85x | — |
| 58 | 1026001 – 1044000 base | 31.5000% | 2.81x | — |
| 59 | 1044001 – 1062000 base | 32.0000% | 2.77x | — |
| 60 | 1062001 – 1080000 base | 32.5000% | 2.73x | — |
| 61 | 1080001 – 1098000 base | 33.0000% | 2.70x | — |
| 62 | 1098001 – 1116000 base | 33.5000% | 2.66x | — |
| 63 | 1116001 – 1134000 base | 34.0000% | 2.63x | — |
| 64 | 1134001 – 1152000 base | 34.5000% | 2.59x | — |
| 65 | 1152001 – 1170000 base | 35.0000% | 2.56x | — |
| 66 | 1170001 – 1188000 base | 35.5000% | 2.53x | — |
| 67 | 1188001 – 1206000 base | 36.0000% | 2.50x | — |
| 68 | 1206001 – 1224000 base | 36.5000% | 2.46x | — |
| 69 | 1224001 – 1242000 base | 37.0000% | 2.43x | — |
| 70 | 1242001 – 1260000 base | 37.5000% | 2.40x | — |
| 71 | 1260001 – 1278000 base | 38.0000% | 2.38x | — |
| 72 | 1278001 – 1296000 base | 38.5000% | 2.35x | — |
| 73 | 1296001 – 1314000 base | 39.0000% | 2.32x | — |
| 74 | 1314001 – 1332000 base | 39.5000% | 2.29x | — |
| 75 | 1332001 – 1350000 base | 40.0000% | 2.27x | — |
| 76 | 1350001 – 1368000 base | 40.5000% | 2.24x | — |
| 77 | 1368001 – 1386000 base | 41.0000% | 2.22x | — |
| 78 | 1386001 – 1404000 base | 41.5000% | 2.19x | — |
| 79 | 1404001 – 1422000 base | 42.0000% | 2.17x | — |
| 80 | 1422001 – 1440000 base | 42.5000% | 2.15x | — |
| 81 | 1440001 – 1458000 base | 43.0000% | 2.12x | — |
| 82 | 1458001 – 1476000 base | 43.5000% | 2.10x | — |
| 83 | 1476001 – 1494000 base | 44.0000% | 2.08x | — |
| 84 | 1494001 – 1512000 base | 44.5000% | 2.06x | — |
| 85 | 1512001 – 1530000 base | 45.0000% | 2.04x | — |
| 86 | 1530001 – 1548000 base | 45.5000% | 2.02x | — |
| 87 | 1548001 – 1566000 base | 46.0000% | 2.00x | — |