COPPER

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0003%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h +0.004%

Price spread now: Binance against edgeX+0.012%80s7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$390.390% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%$0 on $10k

Price spread, last 2 days (all we have)+0.024%+$2 · spread now +0.012%, 7d avg +0.011%

Together, before fees+0.019%+ Points / potential airdropedgeX: Active · farm board+$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX COPPERUSDC	6.7852	−0.0003	get 0.0002% / 4h	2h 26m	$93K	$318K	20x
Short	Binance COPPERUSDT	6.7860	0	get 0.0000% / 4h	2h 26m	$8.9M	$34.9M	100x

Funding history

latest

Range statsloading…

Binance against edgeX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee edgeXbpFee BinancebpOrdersPrice spread, now +0.012%Rate

Slippage from edgeX: live order book, 62 min ago; Binance: live order book, 16 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy edgeX live order book, 62 min ago	7.37 bp	12.7 bp −$13	24.5 bp −$245	doesn't fit	doesn't fit
Sell Binance live order book, 16 min ago	0.74 bp	7.5 bp −$8	19.9 bp −$199	96.1 bp −$9,609	doesn't fit

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	−0.0138%	1h	6.7822	−0.044%	$898	$3K	20x	as long as short
tradeXYZ xyz:COPPER	−0.0097%	1h	6.7828	−0.035%	$10.3M	$5.9M	20x	as long as short
BloFin COPPER-USDT	−0.0032%	4h	6.7870	+0.027%	$87K	$148K	100x	as long as short
edgeX COPPERUSDClong	−0.0003%	4h	6.7852	long leg	$93K	$318K	20x
Aster XCUUSDT	0.0000%	4h	6.7895	+0.063%	$32K	$52K	50x	as long as short
Binance COPPERUSDTshort	0.0000%	4h	6.7860	+0.012%	$8.9M	$34.9M	100x
OKX XCU-USDT-SWAP	0.0000%	8h	6.7823	−0.043%	$469K	$1.2M	50x	as long as short
Gate XCU_USDT	0.0000%	8h	6.7770	−0.121%	$1.3M	$522K	100x	as long as short
MEXC COPPER_USDT	0.0000%	4h	6.7860	+0.012%	$25.6M	$4.1M	100x	as long as short
Variational Omni COPPER	0.0000%	4h	6.7852	0.000%	$752K	$1.6M	—	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT COPPER_USDT_Perp	0.0000%	4h	6.7889	+0.054%	$89K	$2.3M	25x	as long as short
SunX COPPER-USDT	0.0000%	4h	6.7850	−0.003%	—	$7.9M	20x	as long as short
HTX COPPER-USDT	0.0000%	4h	6.7900	+0.071%	$60K	$28K	75x	as long as short
Phemex COPPERUSDT	0.0000%	4h	6.7860	+0.012%	$4.2M	$82K	100x	as long as short
Lighter XCU	+0.0032%	1h	6.7966	+0.168%	$476K	$46K	20x	as long as short
Extended XCU-USD	+0.0032%	1h	6.7894	+0.062%	$234K	$2.9M	20x	as long as short
Vest HG-PERP	+0.0046%	1h	6.7905	+0.078%	—	$82K	25x	as long as short
Ondo Perps COPPER-USD.P	+0.0050%	1h	6.7772	−0.118%	$64K	$26K	15x	as long as short
Paradex XCU-USD-PERP	+0.0050%	8h	6.7878	+0.039%	$1K	$3K	5x	as long as short
QFEX COPPER-USD	+0.0053%	1h	6.7870	+0.027%	$1.5M	$138K	20x	as long as short
Bitget COPPERUSDT	+0.0058%	4h	6.7840	−0.018%	$1.6M	$1.1M	100x	as long as short
Pacifica COPPER	+0.0100%	1h	6.7896	+0.065%	$23K	$16K	10x	as long as short
KuCoin COPPERUSDTM	+0.0100%	4h	6.7790	−0.091%	$259K	$26K	50x	as long as short
Orderly PERP_COPPER_USDC_mythos	+0.0100%	8h	6.7930	+0.115%	$3K	—	10x	as long as short
Aevo COPPER-PERP	+0.0104%	1h	6.7858	+0.008%	$310	—	10x	as long as short
Phoenix COPPER	+0.0329%	1h	6.7911	+0.087%	$45K	$30K	20x	as long as short
Kraken Futures PF_XCUUSD	+0.0952%	1h	6.7850	−0.002%	$26K	$177K	20x	as long as short