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+0.0011%/8h= +1.2% APRpaid last 24h +0.043%
Price spread now: Paradex against BloFin+0.034%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
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Paradex is 0.034% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin COPPER-USDT6.81700.0039pay 0.0020% / 4h2h 30m$88K$137K100x
ShortParadex XCU-USD-PERP6.81930.0050get 0.0050% / 8h2h 30m$2K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against BloFin. 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
$2.3
Price spread: +0.034% → 0.000%
$3.38
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$10.32
Costs to cover
0.160%
Break-even
38.4 days
Slippage unknown: BloFin: live order book, 49 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 BloFin live order book, 49 min ago0.73 bp7.4 bp −$711.7 bp −$11734.3 bp −$3,43086.8 bp −$43.4K
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−0.0481%1h6.8181+0.016%$34K$176K20xas long as short
tradeXYZ xyz:COPPER−0.0020%1h6.8176+0.009%$10.6M$4.9M20xas long as short
QFEX COPPER-USD−0.0001%1h6.8200+0.044%$1.5M$130K20xas long as short
Aster XCUUSDT0.0000%4h6.8210+0.058%$32K$27K50xas long as short
Binance COPPERUSDT0.0000%4h6.8201+0.046%$9.2M$33.2M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8181+0.016%$490K$965K50xas long as short
Gate XCU_USDT0.0000%8h6.8060−0.161%$1.3M$525K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8200+0.044%$26.3M$4.7M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8190+0.029%$2.9M$2.0M100xas long as short
Variational Omni COPPER0.0000%4h6.8164−0.008%$739K$1.4Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COPPER_USDT_Perp0.0000%4h6.8177+0.010%$95K$2.2M25xas long as short
SunX COPPER-USDT0.0000%4h6.8200+0.044%$6.6M20xas long as short
HTX COPPER-USDT0.0000%4h6.8200+0.044%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8150−0.029%$4.2M$80K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8201+0.045%$178K250xas long as short
edgeX COPPERUSDC+0.0005%4h6.8184+0.021%$94K$319K20xas long as short
Phoenix COPPER+0.0023%1h6.8192+0.032%$45K$23K20xas long as short
Lighter XCU+0.0032%1h6.8294+0.182%$477K$40K20xas long as short
Extended XCU-USD+0.0032%1h6.8208+0.056%$276K$2.4M20xas long as short
BloFin COPPER-USDTlong+0.0039%4h6.8170long leg$88K$137K100x
Vest HG-PERP+0.0046%1h6.8201+0.045%$82K25xas long as short
Paradex XCU-USD-PERPshort+0.0050%8h6.8193+0.034%$2K$2K5x
SoDEX COPPER-USD+0.0050%1h6.8178+0.012%$903$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8156−0.021%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.8206+0.053%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8190+0.029%$278K$36K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8250+0.117%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8192+0.033%$31210xas long as short