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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.071%
Price spread now: Aster against Extended+0.025%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−0.300%−$30 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Aster is 0.025% dearer against Extended than usual: you sell high and buy low (spread +0.025% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.6 days. At the pace of the last 7 days (−0.300% in total) that is about 14 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XCU-USD6.79480.0032pay 0.0004% / 1h43m 13s$231K$2.9M20x
ShortAster XCUUSDT6.79640get 0.0000% / 4h1h 43m$32K$36K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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
−$6.72
Price spread: +0.025% → 0.000%
$2.48
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$17.24
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 6 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 Extended live order book, 6 min ago3.24 bp8.8 bp −$971.8 bp −$718doesn'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
QFEX COPPER-USD−0.0015%1h6.7960+0.018%$1.5M$135K20xas long as short
edgeX COPPERUSDC−0.0015%4h6.7971+0.034%$93K$319K20xas long as short
Aster XCUUSDTshort0.0000%4h6.7964+0.025%$32K$36K50x
Binance COPPERUSDT0.0000%4h6.7980+0.048%$8.9M$34.6M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.7887−0.089%$466K$1.2M50xas long as short
Gate XCU_USDT0.0000%8h6.7820−0.188%$1.3M$499K100xas long as short
MEXC COPPER_USDT0.0000%4h6.7980+0.048%$27.0M$5.1M100xas long as short
Bitget COPPERUSDT0.0000%4h6.7980+0.048%$1.7M$1.0M100xas long as short
Variational Omni COPPER0.0000%4h6.7969+0.031%$736K$1.6Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.7991+0.063%$90K$2.2M25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX COPPER-USDT0.0000%4h6.7980+0.048%$7.7M20xas long as short
HTX COPPER-USDT0.0000%4h6.8010+0.092%$60K$28K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7940−0.011%$4.2M$81K100xas long as short
tradeXYZ xyz:COPPER+0.0001%1h6.7941−0.010%$10.4M$5.3M20xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.7943−0.007%$176K10xas long as short
Lighter XCU+0.0032%1h6.8049+0.149%$476K$45K20xas long as short
Extended XCU-USDlong+0.0032%1h6.7948long leg$231K$2.9M20x
Vest HG-PERP+0.0046%1h6.7938−0.014%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.7969+0.032%$1K$3K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.7939−0.013%$900$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.7927−0.030%$56K$32K15xas long as short
BloFin COPPER-USDT+0.0053%4h6.7940−0.011%$87K$149K100xas long as short
Kraken Futures PF_XCUUSD+0.0060%1h6.7960+0.018%$26K$176K20xas long as short
Pacifica COPPER+0.0100%1h6.7971+0.034%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.7960+0.018%$258K$26K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8040+0.136%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.7975+0.040%$31110xas long as short
Phoenix COPPER+0.0329%1h6.7967+0.029%$45K$30K20xas long as short