Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.4% APRpaid last 24h +0.059%
Price spread now: Paradex against Binance+0.009%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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: +$1 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 | 6.7880 | 0 | get 0.0000% / 4h | 2h 12m | $8.9M | $35.2M | 100x |
| Short | Paradex XCU-USD-PERP | 6.7886 | 0.0050 | get 0.0050% / 8h | 2h 12m | $1K | $3K | 5x |
Binance COPPERUSDT
Paradex XCU-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- $10.42
- Price spread: +0.009% → 0.000%
- $0.94
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$2.64
- Costs to cover
- 0.140%
- Break-even
- 8.8 days
Slippage unknown: Binance: live order book, 15 min ago; Paradex: 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, 15 min ago | 0.74 bp | 9.8 bp −$10 | 20.3 bp −$203 | 78.5 bp −$7,847 | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX COPPER-USD | −0.0120% | 1h | 6.7842 | −0.056% | $898 | $3K | 20x | as long as short |
| tradeXYZ xyz:COPPER | −0.0080% | 1h | 6.7844 | −0.053% | $10.4M | $6.0M | 20x | as long as short |
| edgeX COPPERUSDC | −0.0008% | 4h | 6.7885 | +0.008% | $93K | $319K | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.7895 | +0.021% | $32K | $52K | 50x | as long as short |
| Binance COPPERUSDTlong | 0.0000% | 4h | 6.7880 | long leg | $8.9M | $35.2M | 100x | |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.7810 | −0.103% | $469K | $1.2M | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.7810 | −0.103% | $1.3M | $522K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.7870 | −0.015% | $27.1M | $5.1M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.7852 | −0.041% | $752K | $1.6M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.7869 | −0.017% | $91K | $2.3M | 25x | as long as short |
SoDEX COPPER-USD
tradeXYZ xyz:COPPER
edgeX COPPERUSDC
Aster XCUUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Variational Omni COPPER
GRVT COPPER_USDT_PerpShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX COPPER-USDT | 0.0000% | 4h | 6.7870 | −0.015% | — | $7.9M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | 6.7900 | +0.029% | $60K | $28K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.7870 | −0.015% | $4.2M | $82K | 100x | as long as short |
| Bitget COPPERUSDT | +0.0022% | 4h | 6.7890 | +0.015% | $1.6M | $1.1M | 100x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.7996 | +0.171% | $476K | $47K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.7885 | +0.008% | $234K | $2.9M | 20x | as long as short |
| BloFin COPPER-USDT | +0.0036% | 4h | 6.7880 | 0.000% | $87K | $150K | 100x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.7905 | +0.037% | — | $82K | 25x | as long as short |
| Paradex XCU-USD-PERPshort | +0.0050% | 8h | 6.7886 | +0.009% | $1K | $3K | 5x | |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.7898 | +0.027% | $64K | $33K | 15x | as long as short |
| QFEX COPPER-USD | +0.0053% | 1h | 6.7890 | +0.015% | $1.5M | $138K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.7896 | +0.024% | $23K | $16K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.7810 | −0.103% | $257K | $25K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.7920 | +0.059% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.7878 | −0.002% | $310 | — | 10x | as long as short |
| Phoenix COPPER | +0.0329% | 1h | 6.7909 | +0.043% | $45K | $30K | 20x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0953% | 1h | 6.7825 | −0.082% | $26K | $177K | 20x | as long as short |
SunX COPPER-USDT
HTX COPPER-USDT
Phemex COPPERUSDT
Bitget COPPERUSDT
Lighter XCU
Extended XCU-USD
BloFin COPPER-USDT
Vest HG-PERP
Ondo Perps COPPER-USD.P
QFEX COPPER-USD
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Phoenix COPPER
Kraken Futures PF_XCUUSD