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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.008%
Price spread now: Ondo Perps against OKX−0.001%7-day average · you buy dearer than you sell
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+0.075%+$8 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XCU-USDT-SWAP6.81570get 0.0000% / 8h2h 33m$491K$964K50x
ShortOndo Perps COPPER-USD.P6.81560.0050get 0.0006% / 1h33m 18s$57K$55K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against OKX. 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
$10.58
Price spread: −0.001% → 0.000%
−$0.15
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$4.56
Costs to cover
0.150%
Break-even
10.0 days
Slippage unknown: OKX: live order book, 3 min ago; Ondo Perps: no order-book sample. 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 OKX live order book, 3 min ago0.66 bp7.5 bp −$731.1 bp −$311doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0481%1h6.8163+0.008%$34K$176K20xas long as short
tradeXYZ xyz:COPPER−0.0016%1h6.8155−0.003%$10.6M$4.9M20xas long as short
QFEX COPPER-USD−0.0001%1h6.8170+0.019%$1.5M$130K20xas long as short
Aster XCUUSDT0.0000%4h6.8177+0.029%$32K$27K50xas long as short
Binance COPPERUSDT0.0000%4h6.8160+0.005%$9.2M$33.2M100xas long as short
OKX XCU-USDT-SWAPlong0.0000%8h6.8157long leg$491K$964K50x
Gate XCU_USDT0.0000%8h6.8060−0.142%$1.3M$525K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8170+0.019%$26.7M$4.6M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8140−0.025%$2.9M$2.0M100xas long as short
Variational Omni COPPER0.0000%4h6.8254+0.143%$740K$1.4Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COPPER_USDT_Perp0.0000%4h6.8290+0.195%$90K$2.2M25xas long as short
SunX COPPER-USDT0.0000%4h6.8160+0.004%$6.6M20xas long as short
HTX COPPER-USDT0.0000%4h6.8280+0.180%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8140−0.025%$4.2M$80K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8173+0.023%$178K250xas long as short
edgeX COPPERUSDC+0.0013%4h6.8247+0.132%$95K$319K20xas long as short
BloFin COPPER-USDT+0.0016%4h6.8170+0.019%$88K$138K100xas long as short
Phoenix COPPER+0.0023%1h6.8292+0.198%$45K$23K20xas long as short
Lighter XCU+0.0032%1h6.8261+0.153%$477K$40K20xas long as short
Extended XCU-USD+0.0032%1h6.8170+0.019%$276K$2.5M20xas long as short
Vest HG-PERP+0.0046%1h6.8191+0.050%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8193+0.053%$2K$2K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.8144−0.019%$902$3K20xas long as short
Ondo Perps COPPER-USD.Pshort+0.0050%1h6.8156−0.001%$57K$55K15x
Pacifica COPPER+0.0100%1h6.8200+0.063%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8180+0.034%$278K$36K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8220+0.092%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8168+0.016%$31210xas long as short