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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SunX against Gate+0.294%7-day average +0.070% · 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 7 days−0.036%−$4 on $10k
Price spread, last 4 days (all we have)−0.130%−$13 · spread now +0.294%, 7d avg +0.070%
Together, before fees−0.165%−$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.224% dearer against Gate than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.070%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XCU_USDT6.80400get 0.0000% / 8h3h 54m$1.3M$495K100x
ShortSunX COPPER-USDT6.82400get 0.0000% / 4h3h 54m$6.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$0
Price spread: +0.294% → +0.070%
$22.41
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee SunX: 4 bp × 2 orders
−$8
Net
−$0.59
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 2 min ago; SunX: live order book, 4 min ago. 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, 2 min ago1.47 bp38.5 bp −$39104.0 bp −$1,040doesn't fitdoesn't fit
Sell SunX live order book, 4 min ago46.16 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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−0.0404%1h6.8204+0.241%$34K$176K20xas long as short
tradeXYZ xyz:COPPER−0.0134%1h6.8230+0.279%$10.5M$4.8M20xas long as short
BloFin COPPER-USDT−0.0014%4h6.8260+0.323%$88K$143K100xas long as short
QFEX COPPER-USD−0.0003%1h6.8250+0.309%$1.5M$129K20xas long as short
Aster XCUUSDT0.0000%4h6.8294+0.374%$32K$27K50xas long as short
Binance COPPERUSDT0.0000%4h6.8260+0.323%$9.1M$32.9M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8237+0.290%$481K$961K50xas long as short
Gate XCU_USDTlong0.0000%8h6.8040long leg$1.3M$495K100x
MEXC COPPER_USDT0.0000%4h6.8260+0.323%$26.0M$4.2M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8250+0.309%$2.5M$1.7M100xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni COPPER0.0000%4h6.8233+0.284%$742K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8228+0.276%$96K$2.1M25xas long as short
SunX COPPER-USDTshort0.0000%4h6.8240+0.294%$6.6M20x
HTX COPPER-USDT0.0000%4h6.8250+0.309%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8200+0.235%$4.2M$77K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8260+0.323%$178K250xas long as short
edgeX COPPERUSDC+0.0005%4h6.8214+0.256%$95K$317K20xas long as short
Lighter XCU+0.0032%1h6.8357+0.466%$477K$40K20xas long as short
Extended XCU-USD+0.0032%1h6.8273+0.342%$266K$2.7M20xas long as short
Vest HG-PERP+0.0046%1h6.8253+0.313%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8241+0.295%$2K$2K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.8238+0.291%$904$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8183+0.210%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.8267+0.334%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8230+0.279%$290K$32K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8310+0.397%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8244+0.299%$31210xas long as short
Phoenix COPPER+0.0164%1h6.8255+0.316%$45K$23K20xas long as short