Funding you earn now, next payment 07:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h +0.077%
Price spread now: Extended against BloFin−0.027%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs+$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$320.320% of the position
Funding, last 7 days+0.334%+$33 on $10k
+Price spread, last 4 days (all we have)+0.104%+$10 · spread now −0.027%, 7d avg +0.042%
=Together, before fees+0.438%+ Points / potential airdropExtended: Active · farm board+$44 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.070% cheaper against BloFin than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin COPPER-USDT | 6.8080 | 0.0024 | pay 0.0012% / 4h | 1h 30m | $88K | $139K | 100x |
| Short | Extended XCU-USD | 6.8061 | 0.0032 | get 0.0004% / 1h | 30m 32s | $275K | $2.3M | 20x |
BloFin COPPER-USDT
Extended XCU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against BloFin. 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
- $1.64
- Price spread: −0.027% → +0.042%
- −$6.96
- Slippage, 4 orders
- −$15.03
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$37.35
- Costs to cover
- 0.320%
- Break-even
- 166.5 days
Slippage from BloFin: live order book, 41 min ago; Extended: live order book, 3 min ago.
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 BloFin live order book, 41 min ago | 1.47 bp | 7.5 bp −$7 | 7.9 bp −$79 | 36.4 bp −$3,643 | 111.8 bp −$55.9K |
| Sell Extended live order book, 3 min ago | 1.98 bp | 9.0 bp −$9 | 59.2 bp −$592 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:COPPER | −0.0006% | 1h | 6.8028 | −0.076% | $10.6M | $5.0M | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8104 | +0.035% | $32K | $27K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8090 | +0.015% | $9.0M | $33.9M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8032 | −0.071% | $493K | $981K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.7950 | −0.191% | $1.3M | $523K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8080 | 0.000% | $26.2M | $4.9M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8070 | −0.015% | $2.9M | $2.0M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8063 | −0.025% | $734K | $1.4M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8110 | +0.044% | $87K | $2.4M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.8070 | −0.015% | — | $6.4M | 20x | as long as short |
tradeXYZ xyz:COPPER
Aster XCUUSDT
Binance COPPERUSDT
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 | 6.8130 | +0.073% | $61K | $24K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8080 | 0.000% | $4.2M | $82K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.8055 | −0.037% | $177K | — | 250x | as long as short |
| QFEX COPPER-USD | +0.0003% | 1h | 6.8080 | 0.000% | $1.5M | $130K | 20x | as long as short |
| edgeX COPPERUSDC | +0.0008% | 4h | 6.8089 | +0.014% | $94K | $319K | 20x | as long as short |
| BloFin COPPER-USDTlong | +0.0024% | 4h | 6.8080 | long leg | $88K | $139K | 100x | |
| Extended XCU-USDshort | +0.0032% | 1h | 6.8061 | −0.027% | $275K | $2.3M | 20x | |
| Vest HG-PERP | +0.0046% | 1h | 6.8034 | −0.068% | — | $82K | 25x | as long as short |
| Phoenix COPPER | +0.0047% | 1h | 6.8060 | −0.029% | $45K | $22K | 20x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8061 | −0.028% | $1K | $2K | 5x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8031 | −0.072% | $4K | $5K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8022 | −0.085% | $57K | $55K | 15x | as long as short |
| Lighter XCU | +0.0080% | 1h | 6.8189 | +0.160% | $477K | $42K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8063 | −0.024% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8100 | +0.029% | $278K | $37K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8140 | +0.088% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8068 | −0.017% | $311 | — | 10x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0108% | 1h | 6.8055 | −0.037% | $34K | $176K | 20x | as long as short |
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
QFEX COPPER-USD
edgeX COPPERUSDC
Vest HG-PERP
Phoenix COPPER
Paradex XCU-USD-PERP
SoDEX COPPER-USD
Ondo Perps COPPER-USD.P
Lighter XCU
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Kraken Futures PF_XCUUSD