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+0.0104%/8h= +11.4% APRpaid last 24h +0.026%
Price spread now: Aevo against Gate+0.196%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aevo is 0.196% dearer against Gate than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XCU_USDT6.79500get 0.0000% / 8h7h 13m$1.3M$492K100x
ShortAevo COPPER-PERP6.80830.0104get 0.0013% / 1h13m 34s$31110x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Gate. 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
$21.84
Price spread: +0.196% → 0.000%
$19.55
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aevo: 8 bp × 2 orders
−$16
Net
$10.39
Costs to cover
0.310%
Break-even
3.7 days
Slippage unknown: Gate: live order book, 4 min ago; Aevo: 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 Gate live order book, 4 min ago1.47 bp40.1 bp −$40103.2 bp −$1,032doesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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−0.0447%1h6.8059+0.160%$32K$179K20xas long as short
BloFin COPPER-USDT−0.0047%4h6.8050+0.147%$87K$149K100xas long as short
tradeXYZ xyz:COPPER−0.0025%1h6.8035+0.125%$10.4M$5.0M20xas long as short
Aster XCUUSDT0.0000%4h6.8095+0.214%$32K$36K50xas long as short
Binance COPPERUSDT0.0000%4h6.8093+0.210%$9.1M$33.1M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8074+0.182%$471K$978K50xas long as short
Gate XCU_USDTlong0.0000%8h6.7950long leg$1.3M$492K100x
MEXC COPPER_USDT0.0000%4h6.8090+0.206%$26.8M$4.9M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8090+0.206%$1.7M$1.0M100xas long as short
Variational Omni COPPER0.0000%4h6.8054+0.154%$741K$1.5Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COPPER_USDT_Perp0.0000%4h6.8069+0.175%$97K$2.1M25xas long as short
SunX COPPER-USDT0.0000%4h6.8100+0.221%$7.1M20xas long as short
HTX COPPER-USDT0.0000%4h6.8120+0.250%$60K$25K75xas long as short
Phemex COPPERUSDT0.0000%4h6.79500.000%$4.2M$76K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8072+0.179%$177K250xas long as short
QFEX COPPER-USD+0.0004%1h6.8080+0.191%$1.5M$131K20xas long as short
edgeX COPPERUSDC+0.0015%4h6.8054+0.153%$94K$320K20xas long as short
Lighter XCU+0.0032%1h6.8192+0.356%$477K$45K20xas long as short
Vest HG-PERP+0.0046%1h6.8060+0.162%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8097+0.217%$1K$2K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.8076+0.185%$901$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8000+0.074%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.8077+0.187%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8050+0.147%$258K$25K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8150+0.294%$3K10xas long as short
Aevo COPPER-PERPshort+0.0104%1h6.8083+0.196%$31110x
Phoenix COPPER+0.0118%1h6.8050+0.147%$45K$30K20xas long as short
Extended XCU-USD+0.0320%1h6.8071+0.178%$228K$2.9M20xas long as short