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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.016%
Price spread now: Paradex against Aevo+0.007%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo COPPER-PERP6.81680.0104pay 0.0013% / 1h24m 03s$31210x
ShortParadex XCU-USD-PERP6.81730.0050get 0.0050% / 8h4h 24m$1K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$11.34
Price spread: +0.007% → 0.000%
$0.68
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$30.66
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Paradex: 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 Paradex no order-book sample
Aevo and Paradex: 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
Aster XCUUSDT0.0000%4h6.8222+0.078%$32K$27K50xas long as short
Binance COPPERUSDT0.0000%4h6.8190+0.031%$9.0M$32.8M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8156−0.018%$480K$960K50xas long as short
Gate XCU_USDT0.0000%8h6.8070−0.144%$1.3M$495K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8180+0.017%$26.0M$4.3M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8180+0.017%$2.5M$1.7M100xas long as short
Variational Omni COPPER0.0000%4h6.8142−0.038%$742K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8186+0.027%$96K$2.1M25xas long as short
SunX COPPER-USDT0.0000%4h6.8170+0.002%$6.6M20xas long as short
HTX COPPER-USDT0.0000%4h6.8190+0.032%$61K$24K75xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex COPPERUSDT0.0000%4h6.8140−0.042%$4.2M$76K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8190+0.032%$178K250xas long as short
edgeX COPPERUSDC+0.0009%4h6.8174+0.008%$94K$317K20xas long as short
QFEX COPPER-USD+0.0009%1h6.8180+0.017%$1.5M$129K20xas long as short
BloFin COPPER-USDT+0.0021%4h6.8170+0.002%$88K$143K100xas long as short
Lighter XCU+0.0032%1h6.8289+0.177%$477K$40K20xas long as short
tradeXYZ xyz:COPPER+0.0045%1h6.8165−0.005%$10.5M$4.8M20xas long as short
Vest HG-PERP+0.0046%1h6.8187+0.027%$82K25xas long as short
Paradex XCU-USD-PERPshort+0.0050%8h6.8173+0.007%$1K$2K5x
SoDEX COPPER-USD+0.0050%1h6.8167−0.002%$903$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8102−0.097%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.8199+0.045%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8180+0.017%$258K$21K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8240+0.105%$3K10xas long as short
Aevo COPPER-PERPlong+0.0104%1h6.8168long leg$31210x
Phoenix COPPER+0.0164%1h6.8187+0.027%$45K$23K20xas long as short
Kraken Futures PF_XCUUSD+0.0291%1h6.8166−0.003%$34K$176K20xas long as short
Extended XCU-USD+0.0384%1h6.8196+0.041%$263K$2.7M20xas long as short