Bybit RAY/USDT Funding Rate
8h818 settlements analyzed · 2022-02-15 to 2022-11-15
Funding Rate Analysis
RAY/USDT on Bybit has maintained a 63.4% positive rate frequency across 818 funding settlements since 2022-02-15. This translates to an annualized yield of -9.57% for delta-neutral positions.
The funding rate ranged from a low of -0.4037% to a high of 0.01% per settlement period. With 8-hour intervals, Bybit settles this pair 3 times per day — each settlement is a tradeable event.
Trade This Rate on Settled
Don't just watch the rate — predict it. Buy YES or NO on whether RAY/USDT funding rate will be positive at the next Bybit settlement. Markets auto-resolve every 8 hours.
Trade RAY/USDT NowHow Bybit Funding Rates Work
Funding rates are periodic payments between long and short traders on perpetual futures contracts. When the rate is positive, longs pay shorts — indicating bullish sentiment and excess leverage on the long side. When negative, shorts pay longs.
Bybit settles RAY/USDT funding every 8 hours. The rate is determined by the premium/discount between the perpetual contract price and the spot index price. Over 818 historical settlements, we observe a strong positive bias — making this pair moderately predictable for Settled markets.
Frequently Asked Questions
What is the average RAY/USDT funding rate on Bybit?
The average funding rate is -0.0087% per 8-hour settlement period, which annualizes to approximately -9.57% APR.
How often does RAY/USDT have a positive funding rate?
63.4% of the time, based on 818 historical settlements from 2022-02-15 to 2022-11-15.
Can I trade RAY/USDT funding rates on Settled?
Yes — Settled creates binary prediction markets before each Bybit RAY/USDT funding settlement. You can buy YES (rate will be positive) or NO (rate will be negative or zero). Markets auto-resolve from exchange API data.
How often does Bybit settle RAY/USDT funding?
Every 8 hours — that's 3 settlements per day, each one a tradeable event on Settled.
RAY/USDT on Other Exchanges
More on Bybit
Data Source
Data collected from Bybit API. 818 settlements recorded from 2022-02-15 to 2022-11-15. Updated in real-time via our exchange connectors.
Full historical data on Zirodelta