COPPER

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: MEXC against Binance−0.015%7-day average −0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$140.135% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.020%+$2 · spread now −0.015%, 7d avg −0.002%

Together, before fees+0.020%+$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance COPPERUSDT	6.8160	0	get 0.0000% / 4h	2h 13m	$9.3M	$33.4M	100x
Short	MEXC COPPER_USDT	6.8150	0	get 0.0000% / 4h	2h 13m	$26.1M	$4.8M	100x

Funding history

latest

Range statsloading…

MEXC against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BinancebpFee MEXCbpOrdersPrice spread, now −0.015%Rate

Slippage from Binance: live order book, 13 min ago; MEXC: live order book, 5 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 13 min ago	0.73 bp	6.3 bp −$6	11.2 bp −$112	56.6 bp −$5,656	doesn't fit
Sell MEXC live order book, 5 min ago	0.73 bp	0.7 bp −$1	3.2 bp −$32	9.3 bp −$927	261.7 bp −$130.8K

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
Kraken Futures PF_XCUUSD	−0.0481%	1h	6.8153	−0.011%	$34K	$176K	20x	as long as short
BloFin COPPER-USDT	−0.0029%	4h	6.8120	−0.059%	$88K	$139K	100x	as long as short
tradeXYZ xyz:COPPER	−0.0015%	1h	6.8137	−0.034%	$10.5M	$5.0M	20x	as long as short
QFEX COPPER-USD	−0.0001%	1h	6.8140	−0.029%	$1.5M	$130K	20x	as long as short
Aster XCUUSDT	0.0000%	4h	6.8162	+0.003%	$32K	$27K	50x	as long as short
Binance COPPERUSDTlong	0.0000%	4h	6.8160	long leg	$9.3M	$33.4M	100x
OKX XCU-USDT-SWAP	0.0000%	8h	6.8100	−0.088%	$498K	$972K	50x	as long as short
Gate XCU_USDT	0.0000%	8h	6.7990	−0.249%	$1.3M	$529K	100x	as long as short
MEXC COPPER_USDTshort	0.0000%	4h	6.8150	−0.015%	$26.1M	$4.8M	100x
Bitget COPPERUSDT	0.0000%	4h	6.8150	−0.015%	$2.9M	$2.0M	100x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni COPPER	0.0000%	4h	6.8084	−0.112%	$739K	$1.4M	—	as long as short
GRVT COPPER_USDT_Perp	0.0000%	4h	6.8144	−0.024%	$87K	$2.3M	25x	as long as short
SunX COPPER-USDT	0.0000%	4h	6.8150	−0.015%	—	$6.5M	20x	as long as short
HTX COPPER-USDT	0.0000%	4h	6.8120	−0.059%	$61K	$24K	75x	as long as short
Phemex COPPERUSDT	0.0000%	4h	6.8140	−0.029%	$4.2M	$80K	100x	as long as short
gTrade (Gains Network) HG/USD	L +0.0002% / S −0.0001%	1h	6.8140	−0.030%	$178K	—	250x	as long as short
edgeX COPPERUSDC	+0.0008%	4h	6.8094	−0.096%	$94K	$320K	20x	as long as short
Phoenix COPPER	+0.0023%	1h	6.8106	−0.079%	$45K	$23K	20x	as long as short
Lighter XCU	+0.0032%	1h	6.8246	+0.126%	$477K	$40K	20x	as long as short
Extended XCU-USD	+0.0032%	1h	6.8152	−0.012%	$276K	$2.4M	20x	as long as short
Vest HG-PERP	+0.0046%	1h	6.8125	−0.051%	—	$82K	25x	as long as short
Paradex XCU-USD-PERP	+0.0050%	8h	6.8125	−0.052%	$1K	$2K	5x	as long as short
SoDEX COPPER-USD	+0.0050%	1h	6.8123	−0.054%	$902	$3K	20x	as long as short
Ondo Perps COPPER-USD.P	+0.0050%	1h	6.8052	−0.158%	$57K	$55K	15x	as long as short
Pacifica COPPER	+0.0100%	1h	6.8143	−0.025%	$23K	$14K	10x	as long as short
KuCoin COPPERUSDTM	+0.0100%	4h	6.8180	+0.029%	$278K	$35K	50x	as long as short
Orderly PERP_COPPER_USDC_mythos	+0.0100%	8h	6.8200	+0.059%	$3K	—	10x	as long as short
Aevo COPPER-PERP	+0.0104%	1h	6.8145	−0.022%	$311	—	10x	as long as short