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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0310%/8h= −33.9% APRpaid last 24h −0.016%
Price spread now: Paradex against Extended+0.001%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Paradex: 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: −$9 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XCU-USD6.80480.0360pay 0.0045% / 1h35m 51s$228K$2.9M20x
ShortParadex XCU-USD-PERP6.80490.0050get 0.0050% / 8h7h 35m$1K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$65.1
Price spread: +0.001% → 0.000%
$0.1
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$74
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 3 min ago; Paradex: 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, 3 min ago0.07 bp11.9 bp −$1271.7 bp −$717doesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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
Kraken Futures PF_XCUUSD−0.0448%1h6.7932−0.170%$28K$174K20xas long as short
edgeX COPPERUSDC−0.0016%4h6.8042−0.008%$94K$318K20xas long as short
BloFin COPPER-USDT−0.0007%4h6.8050+0.003%$87K$150K100xas long as short
Aster XCUUSDT0.0000%4h6.8077+0.042%$32K$36K50xas long as short
Binance COPPERUSDT0.0000%4h6.8067+0.028%$9.1M$33.9M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8022−0.038%$470K$985K50xas long as short
Gate XCU_USDT0.0000%8h6.7930−0.173%$1.3M$492K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8050+0.003%$26.8M$4.9M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8080+0.047%$1.7M$1.0M100xas long as short
Variational Omni COPPER0.0000%4h6.8044−0.005%$741K$1.6Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COPPER_USDT_Perp0.0000%4h6.8056+0.012%$87K$2.1M25xas long as short
SunX COPPER-USDT0.0000%4h6.8060+0.018%$7.3M20xas long as short
HTX COPPER-USDT0.0000%4h6.8070+0.032%$60K$26K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7900−0.217%$4.2M$77K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8045−0.005%$177K250xas long as short
QFEX COPPER-USD+0.0004%1h6.8050+0.003%$1.5M$139K20xas long as short
Lighter XCU+0.0040%1h6.8163+0.169%$477K$45K20xas long as short
Vest HG-PERP+0.0046%1h6.8039−0.013%$82K25xas long as short
Paradex XCU-USD-PERPshort+0.0050%8h6.8049+0.001%$1K$3K5x
tradeXYZ xyz:COPPER+0.0050%1h6.8026−0.032%$10.4M$5.0M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.8049+0.001%$901$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8063+0.022%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.80480.000%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8050+0.003%$258K$25K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8110+0.091%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8046−0.003%$31110xas long as short
Phoenix COPPER+0.0118%1h6.8021−0.040%$45K$30K20xas long as short
Extended XCU-USDlong+0.0360%1h6.8048long leg$228K$2.9M20x