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RAY open interest live

Open interest in RAY perpetual futures totals $10.20M across 5 markets, with MEXC RAY_USDT holding 39.7% of it. OI changed -0.69% in the last hour.

Tracking for ~5h Updates every 5 s RAY overview

Open interest5 perps
$10.20M
24h volume $8.42M
OI change, 1h
-0.69%
Price 1h—
OI change, 4h
—
 
OI change, 24hneeds 24h
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Price 24h—

RAY open interest by exchange

USD · changes from 5-minute snapshots
Market Open interest Share OI 1h OI 4h OI 24h Price 1h Price 24h Funding 8h 24h volume Trade
MEXC RAY_USDT $4.05M 39.7% — — — — — 0.0710% $3.57M Trade
Bitget RAYUSDT $3.31M 32.5% -0.70% — — -0.41% — 0.0100% $2.82M Trade
KuCoin RAYUSDTM $2.13M 20.9% — — — — — 0.0100% $890K Trade
Gate RAY_USDT $689K 6.8% -0.64% — — -0.56% — 0.0100% $1.02M Trade
HTX RAY-USDT $15K 0.1% -0.87% — — -0.36% — 0.0100% $118K Trade

OI changes need history: the server records 5-minute snapshots since it started ~5h ago, so 1h values fill in after an hour and 24h values after a day. Trade links go to the exchange and may be referral links. Compare every coin on the open interest page.

RAY open interest history

From recorded history, hourly

RAY open interest is up 19.2% since 15:20 UTC on 27 Sep, from $3.37M to $4.01M.

RAY open interest

All perps, USD

Chart: TradingView Lightweight Charts™

About the RAY open interest

What is RAY open interest?

Open interest (OI) is the total value of all open RAY perpetual futures positions, in USD. Every open contract has a long and a short side, so OI counts one side only. It rises when new positions open and falls when positions close or are liquidated.

How to read OI with price

OI up, price up: new positions opening as price rises, usually fresh longs. OI up, price down: fresh shorts. OI down, price up: shorts closing (a short squeeze if fast). OI down, price down: longs exiting or being liquidated. Large OI changes in a few hours show where leverage is building or unwinding in RAY.

Where the numbers come from

OI comes from the public APIs of Binance, Bybit and Hyperliquid and is converted to USD at the mark price, so part of an OI change can come from the price move itself. Changes compare the current value with 5-minute snapshots the server has recorded since it last started.