Funding you earn now, next payment 05:00 UTC+0.0403%/8h= +44.2% APRpaid last 24h +0.081%
Price spread now: SunX against Kraken Futures+0.014%7-day average +0.035% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+3.943%+$394 on $10k
+Price spread, last 4 days (all we have)−0.058%−$6 · spread now +0.014%, 7d avg +0.035%
=Funding pays, the price is against you. SunX is 0.021% cheaper against Kraken Futures than usual: you would sell low and buy high (spread +0.014% now, against its 7-day average of +0.035%). If the spread goes back, that is −$2 on $10k: about 4 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+3.943% in total) that is about under an hour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XCUUSD | 6.8280 | −0.0403 | get 0.0050% / 1h | 47m 16s | $35K | $176K | 20x |
| Short | SunX COPPER-USDT | 6.8290 | 0 | get 0.0000% / 4h | 3h 47m | — | $6.6M | 20x |
Kraken Futures PF_XCUUSD
SunX COPPER-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Kraken Futures. 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
- $84.73
- Price spread: +0.014% → +0.035%
- −$2.1
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $64.63
- Costs to cover
- 0.180%
- Break-even
- 1.7 days
Slippage unknown: Kraken Futures: live order book, 5 min ago; SunX: live order book, 12 min ago. 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 Kraken Futures live order book, 5 min ago | 9.16 bp | 25.1 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 12 min ago | 46.16 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XCUUSDlong | −0.0403% | 1h | 6.8280 | long leg | $35K | $176K | 20x | |
| tradeXYZ xyz:COPPER | −0.0093% | 1h | 6.8275 | −0.008% | $10.5M | $4.8M | 20x | as long as short |
| BloFin COPPER-USDT | −0.0004% | 4h | 6.8270 | −0.015% | $88K | $144K | 100x | as long as short |
| QFEX COPPER-USD | −0.0003% | 1h | 6.8290 | +0.014% | $1.5M | $129K | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8307 | +0.039% | $32K | $27K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8300 | +0.029% | $9.1M | $33.0M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8279 | −0.002% | $481K | $962K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.8080 | −0.294% | $1.3M | $497K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8290 | +0.014% | $25.8M | $4.3M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8290 | +0.014% | $2.5M | $1.7M | 100x | as long as short |
tradeXYZ xyz:COPPER
BloFin COPPER-USDT
QFEX COPPER-USD
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Bitget COPPERUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni COPPER | 0.0000% | 4h | 6.8243 | −0.055% | $743K | $1.4M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8252 | −0.042% | $88K | $2.2M | 25x | as long as short |
| SunX COPPER-USDTshort | 0.0000% | 4h | 6.8290 | +0.014% | — | $6.6M | 20x | |
| HTX COPPER-USDT | 0.0000% | 4h | 6.8280 | −0.001% | $61K | $24K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8200 | −0.118% | $4.2M | $78K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.8299 | +0.027% | $178K | — | 250x | as long as short |
| edgeX COPPERUSDC | +0.0005% | 4h | 6.8237 | −0.064% | $95K | $319K | 20x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.8384 | +0.152% | $478K | $40K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.8295 | +0.022% | $266K | $2.6M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8294 | +0.020% | — | $82K | 25x | as long as short |
| Phoenix COPPER | +0.0047% | 1h | 6.8294 | +0.020% | $45K | $23K | 20x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8281 | +0.001% | $2K | $2K | 5x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8272 | −0.012% | $904 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8201 | −0.116% | $57K | $55K | 15x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8304 | +0.035% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8260 | −0.030% | $291K | $32K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8340 | +0.087% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8279 | −0.002% | $312 | — | 10x | as long as short |
Variational Omni COPPER
GRVT COPPER_USDT_Perp
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
edgeX COPPERUSDC
Lighter XCU
Extended XCU-USD
Vest HG-PERP
Phoenix COPPER
Paradex XCU-USD-PERP
SoDEX COPPER-USD
Ondo Perps COPPER-USD.P
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP