Funding you earn now, next payment 12:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.046%
Price spread now: SunX against KuCoin+0.044%7-day average −0.028% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.245%−$24 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.044%, 7d avg −0.028%
=The price spread pays, funding is against you. SunX is 0.072% dearer against KuCoin than usual: you sell high and buy low (spread +0.044% now, against its 7-day average of −0.028%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin COPPERUSDTM | 6.8150 | 0.0100 | pay 0.0050% / 4h | 3h 42m | $265K | $39K | 50x |
| Short | SunX COPPER-USDT | 6.8180 | 0 | get 0.0000% / 4h | 3h 42m | — | $5.9M | 20x |
KuCoin COPPERUSDTM
SunX COPPER-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against KuCoin. 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
- −$21
- Price spread: +0.044% → −0.028%
- $7.19
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$33.81
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 50 min ago; SunX: live order book, 6 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 KuCoin live order book, 50 min ago | 14.64 bp | 48.1 bp −$48 | 500.6 bp −$5,006 | doesn't fit | doesn't fit |
| Sell SunX live order book, 6 min ago | 46.12 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:COPPER | −0.0058% | 1h | 6.8110 | −0.059% | $10.8M | $5.1M | 20x | as long as short |
| BloFin COPPER-USDT | −0.0031% | 4h | 6.8190 | +0.059% | $88K | $148K | 100x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8177 | +0.040% | $32K | $28K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8180 | +0.044% | $9.0M | $33.6M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8136 | −0.021% | $497K | $1.0M | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.8030 | −0.176% | $1.3M | $504K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8170 | +0.029% | $26.3M | $5.5M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8170 | +0.029% | $2.9M | $1.6M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8284 | +0.196% | $759K | $1.4M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8270 | +0.176% | $94K | $2.4M | 25x | as long as short |
tradeXYZ xyz:COPPER
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_PerpShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX COPPER-USDTshort | 0.0000% | 4h | 6.8180 | +0.044% | — | $5.9M | 20x | |
| HTX COPPER-USDT | 0.0000% | 4h | 6.8210 | +0.088% | $61K | $24K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8150 | 0.000% | $4.2M | $83K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.8144 | −0.009% | $178K | — | 250x | as long as short |
| edgeX COPPERUSDC | +0.0003% | 4h | 6.8274 | +0.182% | $95K | $320K | 20x | as long as short |
| QFEX COPPER-USD | +0.0018% | 1h | 6.8160 | +0.015% | $1.5M | $140K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.8149 | −0.001% | $273K | $1.9M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8160 | +0.015% | — | $82K | 25x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8132 | −0.026% | $4K | $5K | 20x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8139 | −0.016% | $1K | $1K | 5x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8135 | −0.022% | $57K | $53K | 15x | as long as short |
| Lighter XCU | +0.0056% | 1h | 6.8263 | +0.166% | $478K | $26K | 20x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0076% | 1h | 6.8144 | −0.009% | $34K | $178K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8148 | −0.003% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTMlong | +0.0100% | 4h | 6.8150 | long leg | $265K | $39K | 50x | |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8230 | +0.117% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8156 | +0.009% | $312 | — | 10x | as long as short |
| Phoenix COPPER | +0.0129% | 1h | 6.8175 | +0.037% | $45K | $22K | 20x | as long as short |
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
edgeX COPPERUSDC
QFEX COPPER-USD
Extended XCU-USD
Vest HG-PERP
SoDEX COPPER-USD
Paradex XCU-USD-PERP
Ondo Perps COPPER-USD.P
Lighter XCU
Kraken Futures PF_XCUUSD
Pacifica COPPER
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Phoenix COPPER