Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.098%
Price spread now: Pacifica against Binance−0.006%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COPPERUSDT | 6.8060 | 0 | get 0.0000% / 4h | 2m 24s | $9.0M | $34.1M | 100x |
| Short | Pacifica COPPER | 6.8056 | 0.0100 | get 0.0013% / 1h | 2m 24s | $23K | $14K | 10x |
Binance COPPERUSDT
Pacifica COPPERFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21
- Price spread: −0.006% → 0.000%
- −$0.58
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $2.42
- Costs to cover
- 0.180%
- Break-even
- 6.2 days
Slippage unknown: Binance: live order book, 9 min ago; Pacifica: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 9 min ago | 0.74 bp | 5.7 bp −$6 | 11.2 bp −$112 | 53.1 bp −$5,307 | doesn't fit |
| Sell Pacifica no order-book sample | — | — | — | — | — |
Pacifica: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX COPPERUSDC | −0.0019% | 4h | 6.8005 | −0.081% | $93K | $317K | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8063 | +0.004% | $32K | $36K | 50x | as long as short |
| Binance COPPERUSDTlong | 0.0000% | 4h | 6.8060 | long leg | $9.0M | $34.1M | 100x | |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8032 | −0.041% | $467K | $979K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.7920 | −0.206% | $1.3M | $493K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8050 | −0.015% | $26.9M | $4.9M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8080 | +0.029% | $1.7M | $1.0M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8056 | −0.006% | $740K | $1.6M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8070 | +0.015% | $89K | $2.2M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.8070 | +0.015% | — | $7.4M | 20x | as long as short |
edgeX COPPERUSDC
Aster XCUUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Bitget COPPERUSDT
Variational Omni COPPER
GRVT COPPER_USDT_Perp
SunX COPPER-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX COPPER-USDT | 0.0000% | 4h | 6.8090 | +0.044% | $60K | $27K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.7970 | −0.132% | $4.2M | $78K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.8029 | −0.046% | $177K | — | 250x | as long as short |
| QFEX COPPER-USD | +0.0013% | 1h | 6.8040 | −0.029% | $1.5M | $139K | 20x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.8150 | +0.132% | $477K | $45K | 20x | as long as short |
| Phoenix COPPER | +0.0035% | 1h | 6.8043 | −0.025% | $45K | $30K | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8027 | −0.048% | — | $82K | 25x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8066 | +0.009% | $1K | $3K | 5x | as long as short |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.8030 | −0.044% | $10.4M | $5.1M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8037 | −0.034% | $901 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8002 | −0.085% | $57K | $55K | 15x | as long as short |
| BloFin COPPER-USDT | +0.0055% | 4h | 6.8050 | −0.015% | $87K | $149K | 100x | as long as short |
| Pacifica COPPERshort | +0.0100% | 1h | 6.8056 | −0.006% | $23K | $14K | 10x | |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8030 | −0.044% | $258K | $25K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8100 | +0.059% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8038 | −0.033% | $311 | — | 10x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0312% | 1h | 6.7947 | −0.166% | $28K | $174K | 20x | as long as short |
| Extended XCU-USD | +0.0528% | 1h | 6.8041 | −0.029% | $230K | $2.9M | 20x | as long as short |
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
QFEX COPPER-USD
Lighter XCU
Phoenix COPPER
Vest HG-PERP
Paradex XCU-USD-PERP
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Ondo Perps COPPER-USD.P
BloFin COPPER-USDT
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Kraken Futures PF_XCUUSD
Extended XCU-USD