Light from a source (left) is collimated by a lens and split into two beams using slits. The beams are sent through two different paths and pass through compensating plates. They are brought to a focus by a second lens (bottom) where an interference pattern is observed to determine the optical path difference in terms of wavelengths of the light.
The advantage of the Rayleigh interferometer is its simple construction. Its drawbacks are (i) it requires a point or line source of light for good fringe visibility, and (ii) the fringes must be viewed with high magnification.2
Busch, Kenneth W. (1990). "§6.6.5 The Rayleigh interferometer". Multielement detection systems for spectrochemical analysis. New York: Wiley. p. 231. ISBN 0-471-81974-3. 0-471-81974-3 ↩
Hariharan, P. (2007). Basics of interferometry (2nd ed.). Amsterdam: Elsevier Academic Press. p. 15. ISBN 978-0123735898. 978-0123735898 ↩