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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%
Price spread now: Variational Omni against Aster+0.012%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XCUUSDT6.79370get 0.0000% / 4h2h 49m$32K$52K50x
ShortVariational Omni COPPER6.79450get 0.0000% / 4h2h 49m$752K$1.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$0
Price spread: +0.012% → 0.000%
$1.17
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$6.83
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Variational Omni: RFQ quote, 4 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 Variational Omni RFQ quote, 4 min ago2.98 bpdoesn't fit10.7 bp −$107doesn'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
edgeX COPPERUSDC−0.0010%4h6.7954+0.025%$93K$317K20xas long as short
Aster XCUUSDTlong0.0000%4h6.7937long leg$32K$52K50x
Binance COPPERUSDT0.0000%4h6.7940+0.004%$8.9M$34.9M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.7888−0.073%$469K$1.2M50xas long as short
Gate XCU_USDT0.0000%8h6.7850−0.129%$1.3M$522K100xas long as short
MEXC COPPER_USDT0.0000%4h6.7940+0.004%$25.6M$4.1M100xas long as short
Variational Omni COPPERshort0.0000%4h6.7945+0.012%$752K$1.6M
SunX COPPER-USDT0.0000%4h6.7940+0.004%$7.9M20xas long as short
HTX COPPER-USDT0.0000%4h6.7980+0.063%$60K$28K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7910−0.040%$4.2M$81K100xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.7889−0.071%$176K25xas long as short
Lighter XCU+0.0032%1h6.8069+0.194%$477K$46K20xas long as short
Extended XCU-USD+0.0032%1h6.7922−0.023%$234K$2.9M20xas long as short
Vest HG-PERP+0.0046%1h6.7905−0.048%$82K25xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.7918−0.029%$10.4M$5.9M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.7920−0.026%$899$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.7878−0.087%$64K$26K15xas long as short
Paradex XCU-USD-PERP+0.0052%8h6.7944+0.010%$1K$3K5xas long as short
QFEX COPPER-USD+0.0053%1h6.7940+0.004%$1.5M$138K20xas long as short
BloFin COPPER-USDT+0.0059%4h6.7930−0.011%$87K$147K100xas long as short
Pacifica COPPER+0.0100%1h6.7933−0.006%$23K$16K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.7930−0.011%$258K$25K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8020+0.122%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.7946+0.012%$31110xas long as short
Bitget COPPERUSDT+0.0126%4h6.7950+0.019%$1.7M$1.1M100xas long as short
GRVT COPPER_USDT_Perp+0.0242%4h6.7960+0.033%$94K$2.2M25xas long as short
Phoenix COPPER+0.0329%1h6.7951+0.020%$45K$30K20xas long as short
Kraken Futures PF_XCUUSD+0.0951%1h6.7935−0.004%$26K$177K20xas long as short