Funding you earn now, next payment 07:00 UTC−0.0136%/8h= −14.9% APRpaid last 24h −0.022%
Price spread now: SunX against Lighter−0.111%7-day average −0.185% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.223%+$22 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.111%, 7d avg −0.185%
=Together, before fees+0.189%+ Points / potential airdropLighter: Season 3 · farm board+$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.074% dearer against Lighter than usual: you sell high and buy low (spread −0.111% now, against its 7-day average of −0.185%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 43 hours. Mind the row above: over the last 7 days funding on this pair paid +0.223%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XCU | 6.8196 | 0.0136 | pay 0.0017% / 1h | 4m 46s | $477K | $42K | 20x |
| Short | SunX COPPER-USDT | 6.8120 | 0 | get 0.0000% / 4h | 1h 04m | — | $6.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Lighter. 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
- −$28.56
- Price spread: −0.111% → −0.185%
- $7.36
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$29.2
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 30 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 30 min ago | 2.86 bp | 10.3 bp −$10 | 29.6 bp −$296 | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 46.96 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin COPPER-USDT | −0.0005% | 4h | 6.8130 | −0.097% | $88K | $143K | 100x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8066 | −0.191% | $32K | $27K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8070 | −0.185% | $9.0M | $34.0M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8026 | −0.249% | $489K | $996K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.7930 | −0.390% | $1.3M | $526K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8080 | −0.170% | $26.2M | $5.0M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8060 | −0.199% | $2.9M | $2.0M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8113 | −0.122% | $749K | $1.4M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8180 | −0.023% | $93K | $2.4M | 25x | as long as short |
| SunX COPPER-USDTshort | 0.0000% | 4h | 6.8120 | −0.111% | — | $6.4M | 20x |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX COPPER-USDT | 0.0000% | 4h | 6.8190 | −0.009% | $61K | $24K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8090 | −0.155% | $4.2M | $83K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.8053 | −0.210% | $177K | — | 250x | as long as short |
| QFEX COPPER-USD | +0.0003% | 1h | 6.8110 | −0.126% | $1.5M | $128K | 20x | as long as short |
| edgeX COPPERUSDC | +0.0013% | 4h | 6.8152 | −0.064% | $95K | $318K | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8063 | −0.195% | — | $82K | 25x | as long as short |
| Phoenix COPPER | +0.0047% | 1h | 6.8111 | −0.125% | $45K | $22K | 20x | as long as short |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.8048 | −0.217% | $10.6M | $5.0M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8056 | −0.205% | $4K | $5K | 20x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8098 | −0.144% | $1K | $2K | 5x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8170 | −0.038% | $57K | $55K | 15x | as long as short |
| Extended XCU-USD | +0.0056% | 1h | 6.8046 | −0.220% | $272K | $2.3M | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8078 | −0.173% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8100 | −0.141% | $278K | $37K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8170 | −0.038% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8090 | −0.156% | $311 | — | 10x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0108% | 1h | 6.8081 | −0.169% | $34K | $176K | 20x | as long as short |
| Lighter XCUlong | +0.0136% | 1h | 6.8196 | long leg | $477K | $42K | 20x |
Lighter XCU
SunX COPPER-USDT
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_Perp
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
edgeX COPPERUSDC
Phoenix COPPER
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Paradex XCU-USD-PERP
Extended XCU-USD
Pacifica COPPER
KuCoin COPPERUSDTM
Kraken Futures PF_XCUUSD