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+0.0012%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h −0.016%
Price spread now: edgeX against Aster+0.018%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 7 days−0.055%−$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · edgeX: 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: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.055%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XCUUSDT6.82900get 0.0000% / 4h47m 36s$32K$27K50x
ShortedgeX COPPERUSDC6.83020.0012get 0.0006% / 4h47m 36s$95K$319K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Aster. 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
$2.46
Price spread: +0.018% → 0.000%
$1.77
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$12.77
Costs to cover
0.170%
Break-even
43.3 days
Slippage unknown: Aster: no order-book sample; edgeX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell edgeX live order book, 11 min ago7.31 bp12.6 bp −$1324.1 bp −$241doesn't fitdoesn'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 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 XCUUSDTlong0.0000%4h6.8290long leg$32K$27K50x
Binance COPPERUSDT0.0000%4h6.8300+0.015%$9.0M$32.5M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8288−0.003%$472K$951K50xas long as short
Gate XCU_USDT0.0000%8h6.8110−0.263%$1.3M$494K100xas long as short
MEXC COPPER_USDT0.0000%4h6.82900.000%$26.0M$4.2M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8320+0.044%$1.7M$987K100xas long as short
Variational Omni COPPER0.0000%4h6.8313+0.034%$743K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8330+0.059%$93K$2.1M25xas long as short
SunX COPPER-USDT0.0000%4h6.8300+0.015%$6.7M20xas long as short
HTX COPPER-USDT0.0000%4h6.8350+0.088%$61K$24K75xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex COPPERUSDT0.0000%4h6.8150−0.205%$4.2M$76K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8273−0.025%$178K250xas long as short
QFEX COPPER-USD+0.0009%1h6.82900.000%$1.5M$129K20xas long as short
edgeX COPPERUSDCshort+0.0012%4h6.8302+0.018%$95K$319K20x
Lighter XCU+0.0032%1h6.8393+0.151%$477K$40K20xas long as short
BloFin COPPER-USDT+0.0037%4h6.8330+0.059%$88K$144K100xas long as short
Vest HG-PERP+0.0046%1h6.8267−0.033%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8277−0.020%$2K$2K5xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.8260−0.044%$10.5M$4.8M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.8273−0.025%$904$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8270−0.029%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.8294+0.006%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.82900.000%$258K$21K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8360+0.103%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8288−0.003%$31210xas long as short
Phoenix COPPER+0.0164%1h6.8322+0.047%$45K$23K20xas long as short
Kraken Futures PF_XCUUSD+0.0291%1h6.8243−0.069%$35K$179K20xas long as short
Extended XCU-USD+0.0800%1h6.8269−0.031%$221K$2.7M20xas long as short