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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%
Price spread now: Aster against edgeX+0.067%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 7 days+0.053%+$5 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.067% dearer against edgeX than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX COPPERUSDC6.8005−0.0019get 0.0009% / 4h5m 26s$93K$317K20x
ShortAster XCUUSDT6.80500get 0.0000% / 4h5m 26s$32K$36K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against edgeX. 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
$3.99
Price spread: +0.067% → 0.000%
$6.7
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$6.31
Costs to cover
0.170%
Break-even
18.1 days
Slippage unknown: edgeX: live order book, 8 min ago; Aster: 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 edgeX live order book, 8 min ago7.35 bp12.7 bp −$1323.4 bp −$234doesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: 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
edgeX COPPERUSDClong−0.0019%4h6.8005long leg$93K$317K20x
Aster XCUUSDTshort0.0000%4h6.8050+0.067%$32K$36K50x
Binance COPPERUSDT0.0000%4h6.8057+0.077%$9.0M$34.1M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8020+0.022%$467K$980K50xas long as short
Gate XCU_USDT0.0000%8h6.7910−0.139%$1.3M$493K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8050+0.067%$26.9M$4.9M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8080+0.111%$1.7M$1.0M100xas long as short
Variational Omni COPPER0.0000%4h6.8056+0.075%$740K$1.6Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8026+0.031%$89K$2.2M25xas long as short
SunX COPPER-USDT0.0000%4h6.8060+0.081%$7.5M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX COPPER-USDT0.0000%4h6.8040+0.052%$60K$27K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7970−0.051%$4.2M$78K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8030+0.037%$177K250xas long as short
BloFin COPPER-USDT+0.0006%4h6.8020+0.022%$87K$149K100xas long as short
QFEX COPPER-USD+0.0013%1h6.8040+0.052%$1.5M$130K20xas long as short
Lighter XCU+0.0032%1h6.8146+0.208%$477K$45K20xas long as short
Phoenix COPPER+0.0035%1h6.8010+0.008%$45K$30K20xas long as short
Vest HG-PERP+0.0046%1h6.8023+0.027%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8055+0.074%$1K$3K5xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.8026+0.031%$10.4M$5.1M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.8035+0.045%$901$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8037+0.047%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.8056+0.075%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8040+0.052%$258K$25K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8100+0.140%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8048+0.064%$31110xas long as short
Kraken Futures PF_XCUUSD+0.0312%1h6.7951−0.080%$28K$174K20xas long as short
Extended XCU-USD+0.0536%1h6.8029+0.035%$230K$2.9M20xas long as short