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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.021%
Price spread now: SunX against OKX+0.035%7-day average +0.024% · you sell dearer than you buy
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+0.022%+$2 on $10k
Price spread, last 3 days (all we have)+0.019%+$2 · spread now +0.035%, 7d avg +0.024%
Together, before fees+0.041%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XCU-USDT-SWAP6.79360get 0.0000% / 8h25m 05s$467K$1.2M50x
ShortSunX COPPER-USDT6.79600get 0.0000% / 4h25m 05s$7.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$0
Price spread: +0.035% → +0.024%
$1.13
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$16.87
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 1 min ago0.51 bp8.7 bp −$928.4 bp −$284doesn't fitdoesn't fit
Sell SunX live order book, 4 min ago46.35 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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
edgeX COPPERUSDC−0.0005%4h6.7947+0.016%$93K$316K20xas long as short
Aster XCUUSDT0.0000%4h6.7961+0.037%$32K$36K50xas long as short
Binance COPPERUSDT0.0000%4h6.7963+0.040%$9.0M$34.3M100xas long as short
OKX XCU-USDT-SWAPlong0.0000%8h6.7936long leg$467K$1.2M50x
Gate XCU_USDT0.0000%8h6.7830−0.156%$1.3M$493K100xas long as short
MEXC COPPER_USDT0.0000%4h6.7960+0.035%$26.9M$4.9M100xas long as short
Bitget COPPERUSDT0.0000%4h6.7980+0.065%$1.7M$1.0M100xas long as short
Variational Omni COPPER0.0000%4h6.7957+0.031%$739K$1.6Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.7966+0.045%$90K$2.1M25xas long as short
SunX COPPER-USDTshort0.0000%4h6.7960+0.035%$7.5M20x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX COPPER-USDT0.0000%4h6.7970+0.050%$60K$27K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7910−0.038%$4.2M$80K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.7938+0.003%$176K250xas long as short
QFEX COPPER-USD+0.0013%1h6.7960+0.035%$1.5M$130K20xas long as short
BloFin COPPER-USDT+0.0021%4h6.7950+0.021%$87K$149K100xas long as short
Lighter XCU+0.0032%1h6.8071+0.199%$476K$45K20xas long as short
Phoenix COPPER+0.0035%1h6.7958+0.032%$45K$30K20xas long as short
Vest HG-PERP+0.0046%1h6.7934−0.003%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.7955+0.029%$1K$3K5xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.7926−0.015%$10.4M$5.2M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.7940+0.006%$900$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.7969+0.049%$56K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.7959+0.033%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.7960+0.035%$258K$25K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8040+0.153%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.7948+0.017%$31110xas long as short
Kraken Futures PF_XCUUSD+0.0312%1h6.7950+0.020%$28K$173K20xas long as short
Extended XCU-USD+0.0416%1h6.7943+0.011%$230K$2.9M20xas long as short