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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0096%/8h= +10.6% APRpaid last 24h +0.088%
Price spread now: Pacifica against edgeX0.000%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · Pacifica: 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: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX COPPERUSDC6.83070.0004pay 0.0002% / 4h49m 13s$95K$318K20x
ShortPacifica COPPER6.83070.0100get 0.0013% / 1h49m 13s$23K$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$20.24
Price spread: 0.000% → 0.000%
$0.05
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$3.28
Costs to cover
0.170%
Break-even
5.9 days
Slippage unknown: edgeX: live order book, 9 min ago; Pacifica: 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, 9 min ago7.31 bp12.7 bp −$1324.6 bp −$246doesn't fitdoesn't fit
Sell Pacifica no order-book sample
Pacifica: 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
Aster XCUUSDT0.0000%4h6.8325+0.026%$32K$27K50xas long as short
Binance COPPERUSDT0.0000%4h6.8320+0.020%$9.0M$32.5M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8288−0.028%$472K$951K50xas long as short
Gate XCU_USDT0.0000%8h6.8120−0.273%$1.3M$494K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8310+0.005%$26.0M$4.2M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8330+0.034%$1.7M$987K100xas long as short
Variational Omni COPPER0.0000%4h6.8313+0.009%$743K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8340+0.049%$93K$2.1M25xas long as short
SunX COPPER-USDT0.0000%4h6.8320+0.019%$6.7M20xas long as short
HTX COPPER-USDT0.0000%4h6.8350+0.063%$61K$24K75xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex COPPERUSDT0.0000%4h6.8150−0.230%$4.2M$76K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8291−0.023%$178K250xas long as short
edgeX COPPERUSDClong+0.0004%4h6.8307long leg$95K$318K20x
QFEX COPPER-USD+0.0009%1h6.8300−0.010%$1.5M$129K20xas long as short
Lighter XCU+0.0032%1h6.8418+0.163%$478K$40K20xas long as short
BloFin COPPER-USDT+0.0037%4h6.8330+0.034%$88K$144K100xas long as short
Vest HG-PERP+0.0046%1h6.8291−0.023%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8288−0.028%$2K$2K5xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.8283−0.035%$10.5M$4.8M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.8287−0.029%$904$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8259−0.070%$57K$55K15xas long as short
Pacifica COPPERshort+0.0100%1h6.83070.000%$23K$14K10x
KuCoin COPPERUSDTM+0.0100%4h6.8310+0.005%$258K$21K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8370+0.093%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8304−0.005%$31210xas long as short
Phoenix COPPER+0.0164%1h6.8322+0.022%$45K$23K20xas long as short
Kraken Futures PF_XCUUSD+0.0290%1h6.8302−0.006%$35K$179K20xas long as short
Extended XCU-USD+0.0808%1h6.8296−0.016%$221K$2.7M20xas long as short