Settings8H · net · $10k
Funding arb · Price arb /

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.027%
Price spread now: Paradex against Bitget+0.011%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds 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: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget COPPERUSDT6.80800get 0.0000% / 4h2h 16m$2.9M$2.0M100x
ShortParadex XCU-USD-PERP6.80870.0050get 0.0050% / 8h2h 16m$1K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Bitget. 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
$10.5
Price spread: +0.011% → 0.000%
$1.07
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$4.43
Costs to cover
0.160%
Break-even
10.0 days
Slippage unknown: Bitget: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago0.73 bp11.6 bp −$1223.7 bp −$23792.5 bp −$9,247doesn'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 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
Kraken Futures PF_XCUUSD−0.0482%1h6.8073−0.010%$34K$176K20xas long as short
BloFin COPPER-USDT−0.0038%4h6.8090+0.015%$88K$138K100xas long as short
tradeXYZ xyz:COPPER−0.0017%1h6.8062−0.026%$10.5M$5.0M20xas long as short
QFEX COPPER-USD−0.0001%1h6.8090+0.015%$1.5M$130K20xas long as short
Aster XCUUSDT0.0000%4h6.8100+0.030%$32K$27K50xas long as short
Binance COPPERUSDT0.0000%4h6.8092+0.018%$9.2M$33.4M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8091+0.016%$498K$973K50xas long as short
Gate XCU_USDT0.0000%8h6.7960−0.176%$1.3M$529K100xas long as short
MEXC COPPER_USDT0.0000%4h6.80800.000%$26.1M$4.8M100xas long as short
Bitget COPPERUSDTlong0.0000%4h6.8080long leg$2.9M$2.0M100x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni COPPER0.0000%4h6.8073−0.010%$739K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8144+0.094%$87K$2.3M25xas long as short
SunX COPPER-USDT0.0000%4h6.8090+0.015%$6.5M20xas long as short
HTX COPPER-USDT0.0000%4h6.8120+0.059%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.80800.000%$4.2M$81K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8076−0.006%$177K250xas long as short
edgeX COPPERUSDC+0.0007%4h6.8100+0.029%$94K$319K20xas long as short
Phoenix COPPER+0.0023%1h6.8093+0.019%$45K$23K20xas long as short
Lighter XCU+0.0032%1h6.8173+0.137%$476K$40K20xas long as short
Extended XCU-USD+0.0032%1h6.8084+0.006%$276K$2.4M20xas long as short
Vest HG-PERP+0.0046%1h6.8086+0.009%$82K25xas long as short
Paradex XCU-USD-PERPshort+0.0050%8h6.8087+0.011%$1K$2K5x
SoDEX COPPER-USD+0.0050%1h6.8063−0.025%$901$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8007−0.107%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.8102+0.032%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8120+0.059%$278K$35K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8140+0.088%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8089+0.013%$31110xas long as short