Funding you earn now, next payment 00:00 UTC+0.0005%/8h= +0.6% APRnext payment +$0.03 per $10,000 · paid last 24h +0.072%
Price spread now: SunX against edgeX−0.017%7-day average +0.010% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.233%+$23 on $10k
+Price spread, last 3 days (all we have)+0.069%+$7 · spread now −0.017%, 7d avg +0.010%
=Together, before fees+0.302%+ Points / potential airdropedgeX: Active · farm board+$30 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: SunX is 0.027% cheaper against edgeX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX COPPERUSDC | 6.7972 | −0.0005 | get 0.0003% / 4h | 1h 25m | $93K | $319K | 20x |
| Short | SunX COPPER-USDT | 6.7960 | 0 | get 0.0000% / 4h | 1h 25m | — | $7.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against edgeX. 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
- $1.08
- Price spread: −0.017% → +0.010%
- −$2.67
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$18.59
- Costs to cover
- 0.170%
- Break-even
- 127.6 days
Slippage unknown: edgeX: live order book, 58 min ago; SunX: live order book, 4 min ago. Net counts fees only.
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 edgeX live order book, 58 min ago | 7.36 bp | 12.8 bp −$13 | 24.9 bp −$249 | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 46.33 bp | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin COPPER-USDT | −0.0050% | 4h | 6.7940 | −0.046% | $87K | $149K | 100x | as long as short |
| QFEX COPPER-USD | −0.0015% | 1h | 6.7950 | −0.032% | $1.5M | $135K | 20x | as long as short |
| tradeXYZ xyz:COPPER | −0.0013% | 1h | 6.7908 | −0.093% | $10.4M | $5.4M | 20x | as long as short |
| edgeX COPPERUSDClong | −0.0005% | 4h | 6.7972 | long leg | $93K | $319K | 20x | |
| Aster XCUUSDT | 0.0000% | 4h | 6.7960 | −0.017% | $32K | $36K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.7954 | −0.026% | $8.9M | $34.5M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.7949 | −0.033% | $467K | $1.2M | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.7820 | −0.223% | $1.3M | $499K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.7950 | −0.032% | $26.9M | $5.1M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.7960 | −0.017% | $1.7M | $1.0M | 100x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni COPPER | 0.0000% | 4h | 6.7967 | −0.007% | $739K | $1.6M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.7990 | +0.027% | $90K | $2.2M | 25x | as long as short |
| SunX COPPER-USDTshort | 0.0000% | 4h | 6.7960 | −0.017% | — | $7.7M | 20x | |
| HTX COPPER-USDT | 0.0000% | 4h | 6.8010 | +0.057% | $60K | $28K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.7910 | −0.090% | $4.2M | $81K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.7924 | −0.070% | $176K | — | 250x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.8037 | +0.096% | $476K | $45K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.7926 | −0.066% | $231K | $2.9M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.7918 | −0.079% | — | $82K | 25x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.7955 | −0.025% | $1K | $3K | 5x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.7925 | −0.068% | $899 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.7988 | +0.024% | $56K | $55K | 15x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0060% | 1h | 6.7945 | −0.039% | $26K | $176K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.7942 | −0.044% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.7950 | −0.032% | $258K | $26K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8010 | +0.057% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.7947 | −0.036% | $311 | — | 10x | as long as short |
| Phoenix COPPER | +0.0329% | 1h | 6.7933 | −0.057% | $45K | $30K | 20x | as long as short |
edgeX COPPERUSDC
SunX COPPER-USDT
BloFin COPPER-USDT
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
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
Lighter XCU
Extended XCU-USD
Paradex XCU-USD-PERP
SoDEX COPPER-USD
Kraken Futures PF_XCUUSD
Pacifica COPPER
KuCoin COPPERUSDTM
Phoenix COPPER