Funding you earn now, next payment 07:00 UTC+0.0002%/8h= +0.3% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: tradeXYZ against gTrade (Gains Network)−0.019%7-day average −0.036% · 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−$463as in the Price arb table
costs, in and out, $10k−$4644.642% of the position
Funding, last 1 day (all we have)−0.021%−$2 on $10k
+Price spread, last 4 days (all we have)−0.048%−$5 · spread now −0.019%, 7d avg −0.036%
=Together, before fees−0.070%+ Points / potential airdroptradeXYZ: Active · farm board−$7 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) HG/USD | 6.8081 | L +0.0002% / S −0.0001% | pay 0.0000% / 1h | 39m 55s | $177K | — | 250x |
| Short | tradeXYZ xyz:COPPER | 6.8068 | 0.0004 | get 0.0001% / 1h | 39m 55s | $10.6M | $5.0M | 20x |
gTrade (Gains Network) HG/USD
tradeXYZ xyz:COPPERFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $0.52
- Price spread: −0.019% → −0.036%
- $1.68
- Slippage, 4 orders
- −$436.2
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$462
- Costs to cover
- 4.642%
- Break-even
- 6284.2 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 34 min ago; tradeXYZ: live order book, 9 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), 34 min ago | 130.01 bp | 229.7 bp −$230 | 1613.4 bp −$16.1K | 13153.2 bp −$1.32M | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 0.44 bp | 10.4 bp −$10 | 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 | −0.0052% | 4h | 6.8130 | +0.072% | $88K | $139K | 100x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8125 | +0.065% | $32K | $27K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8130 | +0.072% | $9.2M | $33.6M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8093 | +0.017% | $497K | $970K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.8000 | −0.119% | $1.3M | $521K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8130 | +0.072% | $26.3M | $4.9M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8120 | +0.057% | $2.9M | $2.0M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8133 | +0.076% | $735K | $1.4M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8150 | +0.101% | $90K | $2.3M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.8130 | +0.072% | — | $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 | +0.160% | $61K | $24K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8120 | +0.057% | $4.2M | $82K | 100x | as long as short |
| gTrade (Gains Network) HG/USDlong | L +0.0002% / S −0.0001% | 1h | 6.8081 | long leg | $177K | — | 250x | |
| QFEX COPPER-USD | +0.0003% | 1h | 6.8120 | +0.057% | $1.5M | $130K | 20x | as long as short |
| tradeXYZ xyz:COPPERshort | +0.0004% | 1h | 6.8068 | −0.019% | $10.6M | $5.0M | 20x | |
| edgeX COPPERUSDC | +0.0020% | 4h | 6.8130 | +0.072% | $94K | $320K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.8084 | +0.004% | $276K | $2.3M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8087 | +0.009% | — | $82K | 25x | as long as short |
| Phoenix COPPER | +0.0047% | 1h | 6.8100 | +0.028% | $45K | $22K | 20x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8117 | +0.052% | $1K | $2K | 5x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8070 | −0.016% | $4K | $5K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8161 | +0.117% | $57K | $55K | 15x | as long as short |
| Lighter XCU | +0.0056% | 1h | 6.8212 | +0.192% | $477K | $42K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8106 | +0.037% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8110 | +0.042% | $278K | $37K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8190 | +0.160% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8121 | +0.059% | $311 | — | 10x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0108% | 1h | 6.8113 | +0.046% | $34K | $176K | 20x | as long as short |
HTX COPPER-USDT
Phemex COPPERUSDT
QFEX COPPER-USD
edgeX COPPERUSDC
Extended XCU-USD
Vest HG-PERP
Phoenix COPPER
Paradex XCU-USD-PERP
SoDEX COPPER-USD
Ondo Perps COPPER-USD.P
Lighter XCU
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Kraken Futures PF_XCUUSD