Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.016%
Price spread now: Binance against Aster−0.008%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster XCUUSDT | 6.7935 | 0 | get 0.0000% / 4h | 2h 45m | $32K | $52K | 50x |
| Short | Binance COPPERUSDT | 6.7930 | 0 | get 0.0000% / 4h | 2h 45m | $8.9M | $34.9M | 100x |
Aster XCUUSDT
Binance COPPERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.008% → 0.000%
- −$0.83
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$18.83
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; Binance: live order book, 11 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 11 min ago | 0.74 bp | 5.7 bp −$6 | 10.6 bp −$106 | 91.3 bp −$9,125 | doesn't fit |
Aster: 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 27 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX COPPERUSDC | −0.0014% | 4h | 6.7945 | +0.015% | $93K | $318K | 20x | as long as short |
| Aster XCUUSDTlong | 0.0000% | 4h | 6.7935 | long leg | $32K | $52K | 50x | |
| Binance COPPERUSDTshort | 0.0000% | 4h | 6.7930 | −0.008% | $8.9M | $34.9M | 100x | |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.7810 | −0.184% | $469K | $1.2M | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.7800 | −0.199% | $1.3M | $522K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.7880 | −0.081% | $25.6M | $4.1M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.7945 | +0.015% | $752K | $1.6M | — | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.7940 | +0.007% | — | $7.9M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | 6.7970 | +0.051% | $60K | $28K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.7910 | −0.037% | $4.2M | $81K | 100x | as long as short |
edgeX COPPERUSDC
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Variational Omni COPPER
SunX COPPER-USDT
HTX COPPER-USDT
Phemex COPPERUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XCU | +0.0032% | 1h | 6.8065 | +0.191% | $477K | $46K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.7922 | −0.020% | $234K | $2.9M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.7905 | −0.044% | — | $82K | 25x | as long as short |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.7913 | −0.033% | $10.4M | $5.9M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.7921 | −0.021% | $899 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.7938 | +0.004% | $64K | $26K | 15x | as long as short |
| Paradex XCU-USD-PERP | +0.0052% | 8h | 6.7939 | +0.006% | $1K | $3K | 5x | as long as short |
| QFEX COPPER-USD | +0.0053% | 1h | 6.7940 | +0.007% | $1.5M | $138K | 20x | as long as short |
| BloFin COPPER-USDT | +0.0059% | 4h | 6.7940 | +0.007% | $87K | $147K | 100x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.7938 | +0.004% | $23K | $16K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.7930 | −0.008% | $258K | $25K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8020 | +0.125% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.7941 | +0.009% | $311 | — | 10x | as long as short |
| Bitget COPPERUSDT | +0.0110% | 4h | 6.7910 | −0.037% | $1.7M | $1.1M | 100x | as long as short |
| GRVT COPPER_USDT_Perp | +0.0158% | 4h | 6.7950 | +0.022% | $89K | $2.3M | 25x | as long as short |
| Phoenix COPPER | +0.0329% | 1h | 6.7940 | +0.007% | $45K | $30K | 20x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0951% | 1h | 6.7933 | −0.004% | $26K | $177K | 20x | as long as short |
Lighter XCU
Extended XCU-USD
Vest HG-PERP
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Ondo Perps COPPER-USD.P
Paradex XCU-USD-PERP
QFEX COPPER-USD
BloFin COPPER-USDT
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Bitget COPPERUSDT
GRVT COPPER_USDT_Perp
Phoenix COPPER
Kraken Futures PF_XCUUSD