Settings8H · net · $10k
Funding arb · Price arb /

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h +0.004%
Price spread now: Pacifica against Aevo−0.032%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.032% cheaper against Aevo than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo COPPER-PERP6.79670.0104pay 0.0013% / 1h38m 30s$31110x
ShortPacifica COPPER6.79450.0100get 0.0013% / 1h38m 30s$23K$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Aevo. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.84
Price spread: −0.032% → 0.000%
−$3.18
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$28.02
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Pacifica: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Pacifica no order-book sample
Aevo and Pacifica: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

COPPER on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin COPPER-USDT−0.0027%4h6.7940−0.040%$87K$149K100xas long as short
QFEX COPPER-USD−0.0015%1h6.7960−0.010%$1.5M$135K20xas long as short
edgeX COPPERUSDC−0.0012%4h6.7977+0.015%$93K$316K20xas long as short
Aster XCUUSDT0.0000%4h6.7960−0.010%$32K$36K50xas long as short
Binance COPPERUSDT0.0000%4h6.7980+0.019%$8.9M$34.6M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.7918−0.072%$466K$1.2M50xas long as short
Gate XCU_USDT0.0000%8h6.7820−0.216%$1.3M$499K100xas long as short
MEXC COPPER_USDT0.0000%4h6.7980+0.019%$27.0M$5.1M100xas long as short
Bitget COPPERUSDT0.0000%4h6.7990+0.034%$1.7M$1.0M100xas long as short
Variational Omni COPPER0.0000%4h6.7977+0.015%$739K$1.6Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COPPER_USDT_Perp0.0000%4h6.7980+0.019%$90K$2.2M25xas long as short
SunX COPPER-USDT0.0000%4h6.7980+0.019%$7.7M20xas long as short
HTX COPPER-USDT0.0000%4h6.8000+0.049%$60K$28K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7920−0.069%$4.2M$81K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.7938−0.042%$176K10xas long as short
tradeXYZ xyz:COPPER+0.0012%1h6.7921−0.067%$10.4M$5.3M20xas long as short
Lighter XCU+0.0032%1h6.8046+0.116%$476K$45K20xas long as short
Extended XCU-USD+0.0032%1h6.7938−0.042%$231K$2.9M20xas long as short
Vest HG-PERP+0.0046%1h6.7928−0.057%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.7963−0.006%$1K$3K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.7922−0.066%$899$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.7987+0.030%$56K$43K15xas long as short
Kraken Futures PF_XCUUSD+0.0060%1h6.7960−0.009%$26K$176K20xas long as short
Pacifica COPPERshort+0.0100%1h6.7945−0.032%$23K$14K10x
KuCoin COPPERUSDTM+0.0100%4h6.7960−0.010%$258K$26K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8030+0.093%$3K10xas long as short
Aevo COPPER-PERPlong+0.0104%1h6.7967long leg$31110x
Phoenix COPPER+0.0329%1h6.7965−0.003%$45K$30K20xas long as short