Funding you earn now, next payment 23:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.004%
Price spread now: Ondo Perps against Gate+0.139%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.139% dearer against Gate than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XCU_USDT | 6.7820 | 0 | get 0.0000% / 8h | 1h 33m | $1.3M | $499K | 100x |
| Short | Ondo Perps COPPER-USD.P | 6.7914 | 0.0050 | get 0.0006% / 1h | 33m 28s | $56K | $55K | 15x |
Gate XCU_USDT
Ondo Perps COPPER-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Gate. 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
- $10.58
- Price spread: +0.139% → 0.000%
- $13.86
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $4.44
- Costs to cover
- 0.200%
- Break-even
- 4.1 days
Slippage unknown: Gate: live order book, 4 min ago; Ondo Perps: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 4 min ago | 2.21 bp | 35.0 bp −$35 | 119.5 bp −$1,195 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 27 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX COPPER-USD | −0.0015% | 1h | 6.7940 | +0.177% | $1.5M | $135K | 20x | as long as short |
| edgeX COPPERUSDC | −0.0014% | 4h | 6.7958 | +0.203% | $93K | $318K | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.7960 | +0.206% | $32K | $36K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.7967 | +0.216% | $8.9M | $34.5M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.7925 | +0.155% | $467K | $1.2M | 50x | as long as short |
| Gate XCU_USDTlong | 0.0000% | 8h | 6.7820 | long leg | $1.3M | $499K | 100x | |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.7960 | +0.206% | $26.9M | $5.1M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.7980 | +0.236% | $1.7M | $1.0M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.7957 | +0.202% | $739K | $1.6M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.7981 | +0.237% | $90K | $2.2M | 25x | as long as short |
QFEX COPPER-USD
edgeX COPPERUSDC
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
MEXC COPPER_USDT
Bitget COPPERUSDT
Variational Omni COPPER
GRVT COPPER_USDT_PerpShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX COPPER-USDT | 0.0000% | 4h | 6.7960 | +0.206% | — | $7.7M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | 6.7980 | +0.236% | $60K | $28K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.7910 | +0.133% | $4.2M | $81K | 100x | as long as short |
| BloFin COPPER-USDT | +0.0007% | 4h | 6.7940 | +0.177% | $87K | $149K | 100x | as long as short |
| tradeXYZ xyz:COPPER | +0.0008% | 1h | 6.7918 | +0.145% | $10.4M | $5.3M | 20x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.8050 | +0.339% | $476K | $45K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.7939 | +0.176% | $231K | $2.9M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.7926 | +0.156% | — | $82K | 25x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.7963 | +0.211% | $1K | $3K | 5x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.7926 | +0.156% | $899 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.Pshort | +0.0050% | 1h | 6.7914 | +0.139% | $56K | $55K | 15x | |
| Kraken Futures PF_XCUUSD | +0.0060% | 1h | 6.7953 | +0.197% | $26K | $176K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.7944 | +0.183% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.7950 | +0.192% | $258K | $26K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8030 | +0.310% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.7957 | +0.203% | $311 | — | 10x | as long as short |
| Phoenix COPPER | +0.0329% | 1h | 6.7938 | +0.174% | $45K | $30K | 20x | as long as short |
SunX COPPER-USDT
HTX COPPER-USDT
Phemex COPPERUSDT
BloFin COPPER-USDT
tradeXYZ xyz:COPPER
Lighter XCU
Extended XCU-USD
Vest HG-PERP
Paradex XCU-USD-PERP
SoDEX COPPER-USD
Kraken Futures PF_XCUUSD
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Phoenix COPPER