Funding you earn now, next payment 07:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.044%
Price spread now: Extended against gTrade (Gains Network)−0.010%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$453as in the Price arb table
costs, in and out, $10k−$4524.522% of the position
Funding, last 1 day (all we have)+0.047%+$5 on $10k
+Price spread, last 4 days (all we have)−0.016%−$2 · spread now −0.010%, 7d avg −0.001%
=Together, before fees+0.031%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) HG/USD | 6.8053 | L +0.0002% / S −0.0001% | pay 0.0000% / 1h | 5m 04s | $177K | — | 250x |
| Short | Extended XCU-USD | 6.8046 | 0.0056 | get 0.0007% / 1h | 5m 04s | $272K | $2.3M | 20x |
gTrade (Gains Network) HG/USD
Extended XCU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against gTrade (Gains Network). 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
- $11.36
- Price spread: −0.010% → −0.001%
- −$0.96
- Slippage, 4 orders
- −$437.16
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$441.75
- Costs to cover
- 4.522%
- Break-even
- 279.1 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 4 min ago; Extended: live order book, 4 min ago.
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 gTrade (Gains Network) virtual book (oracle venue), 4 min ago | 130.01 bp | 229.7 bp −$230 | 1613.4 bp −$16.1K | 13153.2 bp −$1.32M | doesn't fit |
| Sell Extended live order book, 4 min ago | 0.51 bp | 3.6 bp −$4 | 61.3 bp −$613 | 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 | −0.0005% | 4h | 6.8130 | +0.113% | $88K | $143K | 100x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8064 | +0.017% | $32K | $27K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8070 | +0.025% | $9.0M | $34.0M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8026 | −0.040% | $489K | $996K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.7940 | −0.166% | $1.3M | $526K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8090 | +0.054% | $26.2M | $5.0M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8060 | +0.010% | $2.9M | $2.0M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8113 | +0.088% | $749K | $1.4M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8180 | +0.187% | $93K | $2.4M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.8120 | +0.098% | — | $6.4M | 20x | as long as short |
BloFin COPPER-USDT
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Bitget COPPERUSDT
Variational Omni COPPER
GRVT COPPER_USDT_Perp
SunX COPPER-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX COPPER-USDT | 0.0000% | 4h | 6.8190 | +0.201% | $61K | $24K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8090 | +0.054% | $4.2M | $83K | 100x | as long as short |
| gTrade (Gains Network) HG/USDlong | L +0.0002% / S −0.0001% | 1h | 6.8053 | long leg | $177K | — | 250x | |
| QFEX COPPER-USD | +0.0003% | 1h | 6.8110 | +0.084% | $1.5M | $128K | 20x | as long as short |
| edgeX COPPERUSDC | +0.0013% | 4h | 6.8152 | +0.146% | $95K | $318K | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8063 | +0.015% | — | $82K | 25x | as long as short |
| Phoenix COPPER | +0.0047% | 1h | 6.8111 | +0.085% | $45K | $22K | 20x | as long as short |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.8039 | −0.021% | $10.6M | $5.0M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8056 | +0.004% | $4K | $5K | 20x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8098 | +0.066% | $1K | $2K | 5x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8170 | +0.172% | $57K | $55K | 15x | as long as short |
| Extended XCU-USDshort | +0.0056% | 1h | 6.8046 | −0.010% | $272K | $2.3M | 20x | |
| Pacifica COPPER | +0.0100% | 1h | 6.8078 | +0.037% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8100 | +0.069% | $278K | $37K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8170 | +0.172% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8090 | +0.054% | $311 | — | 10x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0108% | 1h | 6.8081 | +0.041% | $34K | $176K | 20x | as long as short |
| Lighter XCU | +0.0136% | 1h | 6.8204 | +0.222% | $477K | $42K | 20x | as long as short |
HTX COPPER-USDT
Phemex COPPERUSDT
QFEX COPPER-USD
edgeX COPPERUSDC
Vest HG-PERP
Phoenix COPPER
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Paradex XCU-USD-PERP
Ondo Perps COPPER-USD.P
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Kraken Futures PF_XCUUSD
Lighter XCU