Funding you earn now, next payment 09:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.066%
Price spread now: Extended against MEXC−0.019%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs+$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$100.102% of the position
Funding, last 7 days+0.350%+$35 on $10k
+Price spread, last 7 days+0.031%+$3 · spread now −0.019%, 7d avg +0.021%
=Together, before fees+0.382%+ Points / potential airdropExtended: Active · farm board+$38 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.040% cheaper against MEXC than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.021%). If the spread goes back, that is −$4 on $10k: about 4.2 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.350% in total) that is about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC COPPER_USDT | 6.8290 | 0 | get 0.0000% / 4h | 3h 47m | $26.4M | $5.5M | 100x |
| Short | Extended XCU-USD | 6.8277 | 0.0032 | get 0.0004% / 1h | 47m 18s | $273K | $1.9M | 20x |
MEXC COPPER_USDT
Extended XCU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against MEXC. 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
- $6.72
- Price spread: −0.019% → +0.021%
- −$4.05
- Slippage, 4 orders
- −$5.18
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$7.51
- Costs to cover
- 0.102%
- Break-even
- 14.8 days
Slippage from MEXC: live order book, 1 min ago; Extended: live order book, 1 min ago.
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 MEXC live order book, 1 min ago | 0.73 bp | 0.7 bp −$1 | 2.9 bp −$29 | 9.7 bp −$974 | 199.6 bp −$99.8K |
| Sell Extended live order book, 1 min ago | 0.29 bp | 5.3 bp −$5 | 63.8 bp −$638 | 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 | −0.0027% | 4h | 6.8310 | +0.029% | $88K | $149K | 100x | as long as short |
| tradeXYZ xyz:COPPER | −0.0005% | 1h | 6.8241 | −0.072% | $10.7M | $5.0M | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8320 | +0.044% | $32K | $28K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8300 | +0.015% | $9.1M | $33.5M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8239 | −0.075% | $494K | $996K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.8140 | −0.220% | $1.3M | $503K | 100x | as long as short |
| MEXC COPPER_USDTlong | 0.0000% | 4h | 6.8290 | long leg | $26.4M | $5.5M | 100x | |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8300 | +0.015% | $2.9M | $1.6M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8334 | +0.064% | $759K | $1.4M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8340 | +0.073% | $94K | $2.4M | 25x | as long as short |
BloFin COPPER-USDT
tradeXYZ xyz:COPPER
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_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-USDT | 0.0000% | 4h | 6.8290 | 0.000% | — | $5.9M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | 6.8320 | +0.044% | $61K | $24K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8150 | −0.205% | $4.2M | $82K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.8271 | −0.028% | $178K | — | 250x | as long as short |
| edgeX COPPERUSDC | +0.0016% | 4h | 6.8318 | +0.042% | $95K | $319K | 20x | as long as short |
| QFEX COPPER-USD | +0.0018% | 1h | 6.8270 | −0.029% | $1.5M | $140K | 20x | as long as short |
| Extended XCU-USDshort | +0.0032% | 1h | 6.8277 | −0.019% | $273K | $1.9M | 20x | |
| Vest HG-PERP | +0.0046% | 1h | 6.8262 | −0.041% | — | $82K | 25x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8258 | −0.047% | $4K | $5K | 20x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8264 | −0.038% | $2K | $1K | 5x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8287 | −0.004% | $57K | $55K | 15x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0076% | 1h | 6.8255 | −0.051% | $34K | $178K | 20x | as long as short |
| Lighter XCU | +0.0096% | 1h | 6.8386 | +0.141% | $479K | $26K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8266 | −0.034% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8280 | −0.015% | $266K | $39K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8350 | +0.088% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8288 | −0.003% | $312 | — | 10x | as long as short |
| Phoenix COPPER | +0.0129% | 1h | 6.8278 | −0.018% | $45K | $22K | 20x | as long as short |
SunX COPPER-USDT
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
edgeX COPPERUSDC
QFEX COPPER-USD
Vest HG-PERP
SoDEX COPPER-USD
Paradex XCU-USD-PERP
Ondo Perps COPPER-USD.P
Kraken Futures PF_XCUUSD
Lighter XCU
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Phoenix COPPER