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 +0.016%
Price spread now: Aster against Binance−0.025%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 7 days+0.057%+$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.025% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance COPPERUSDT6.80270get 0.0000% / 4h58m 00s$9.0M$34.7M100x
ShortAster XCUUSDT6.80100get 0.0000% / 4h58m 00s$32K$36K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
$0
Price spread: −0.025% → 0.000%
−$2.5
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$20.5
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 14 min ago; Aster: 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, 14 min ago0.74 bp6.7 bp −$78.5 bp −$8546.9 bp −$4,690doesn't fit
Sell Aster no order-book sample
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
BloFin COPPER-USDT−0.0047%4h6.8020−0.010%$87K$149K100xas long as short
edgeX COPPERUSDC−0.0006%4h6.8030+0.004%$93K$319K20xas long as short
Aster XCUUSDTshort0.0000%4h6.8010−0.025%$32K$36K50x
Binance COPPERUSDTlong0.0000%4h6.8027long leg$9.0M$34.7M100x
OKX XCU-USDT-SWAP0.0000%8h6.7971−0.082%$467K$1.2M50xas long as short
Gate XCU_USDT0.0000%8h6.7880−0.216%$1.3M$493K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8020−0.010%$27.0M$4.9M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8030+0.004%$1.7M$1.0M100xas long as short
Variational Omni COPPER0.0000%4h6.8036+0.013%$739K$1.6Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8042+0.022%$91K$2.2M25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX COPPER-USDT0.0000%4h6.8020−0.010%$7.7M20xas long as short
HTX COPPER-USDT0.0000%4h6.8060+0.048%$60K$28K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7930−0.143%$4.2M$81K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.7980−0.068%$176K250xas long as short
QFEX COPPER-USD+0.0013%1h6.8010−0.025%$1.5M$138K20xas long as short
Lighter XCU+0.0032%1h6.8094+0.098%$476K$45K20xas long as short
Vest HG-PERP+0.0046%1h6.7984−0.063%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8016−0.016%$1K$3K5xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.7980−0.069%$10.4M$5.4M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.7987−0.059%$900$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8058+0.046%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.8017−0.015%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8010−0.025%$258K$25K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8090+0.093%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8013−0.020%$31110xas long as short
Extended XCU-USD+0.0128%1h6.7988−0.058%$231K$2.9M20xas long as short
Kraken Futures PF_XCUUSD+0.0312%1h6.7973−0.079%$27K$172K20xas long as short
Phoenix COPPER+0.0329%1h6.8009−0.026%$45K$30K20xas long as short