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+0.0104%/8h= +11.4% APRpaid last 24h +0.095%
Price spread now: Aevo against Binance−0.014%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 feesneeds 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: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance COPPERUSDT6.79660get 0.0000% / 4h1h 33m$8.9M$34.5M100x
ShortAevo COPPER-PERP6.79560.0104get 0.0013% / 1h33m 05s$31110x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Binance. 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
$21.84
Price spread: −0.014% → 0.000%
−$1.43
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$5.59
Costs to cover
0.260%
Break-even
8.8 days
Slippage unknown: Binance: live order book, 9 min ago; Aevo: 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 Binance live order book, 9 min ago0.74 bp6.0 bp −$69.0 bp −$9055.0 bp −$5,499doesn't fit
Sell Aevo no order-book sample
Aevo: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin COPPER-USDT−0.0020%4h6.7940−0.038%$87K$149K100xas long as short
QFEX COPPER-USD−0.0015%1h6.7940−0.038%$1.5M$135K20xas long as short
edgeX COPPERUSDC−0.0014%4h6.7958−0.012%$93K$318K20xas long as short
Aster XCUUSDT0.0000%4h6.7960−0.009%$32K$36K50xas long as short
Binance COPPERUSDTlong0.0000%4h6.7966long leg$8.9M$34.5M100x
OKX XCU-USDT-SWAP0.0000%8h6.7925−0.061%$467K$1.2M50xas long as short
Gate XCU_USDT0.0000%8h6.7820−0.215%$1.3M$499K100xas long as short
MEXC COPPER_USDT0.0000%4h6.7950−0.024%$26.9M$5.1M100xas long as short
Bitget COPPERUSDT0.0000%4h6.7980+0.020%$1.7M$1.0M100xas long as short
Variational Omni COPPER0.0000%4h6.7957−0.013%$739K$1.6Mas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COPPER_USDT_Perp0.0000%4h6.7981+0.021%$90K$2.2M25xas long as short
SunX COPPER-USDT0.0000%4h6.7960−0.009%$7.7M20xas long as short
HTX COPPER-USDT0.0000%4h6.7980+0.020%$60K$28K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7910−0.083%$4.2M$81K100xas long as short
tradeXYZ xyz:COPPER+0.0008%1h6.7918−0.071%$10.4M$5.3M20xas long as short
Lighter XCU+0.0032%1h6.8052+0.126%$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%1h6.7926−0.059%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.7963−0.004%$1K$3K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.7923−0.063%$899$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.7914−0.077%$56K$55K15xas long as short
Kraken Futures PF_XCUUSD+0.0060%1h6.7951−0.022%$26K$176K20xas long as short
Pacifica COPPER+0.0100%1h6.7944−0.032%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.7950−0.024%$258K$26K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8030+0.094%$3K10xas long as short
Aevo COPPER-PERPshort+0.0104%1h6.7956−0.014%$31110x
Phoenix COPPER+0.0329%1h6.7938−0.041%$45K$30K20xas long as short