Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.040%
Price spread now: Variational Omni against OKX+0.044%7-day average +0.011% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.055%−$6 on $10k
+Price spread, last 4 days (all we have)−0.021%−$2 · spread now +0.044%, 7d avg +0.011%
=Together, before fees−0.076%+ Points / potential airdropVariational Omni: Active · farm board−$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.032% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX XCU-USDT-SWAP | 6.7823 | 0 | get 0.0000% / 8h | 2h 23m | $469K | $1.2M | 50x |
| Short | Variational Omni COPPER | 6.7853 | 0 | get 0.0000% / 4h | 2h 23m | $752K | $1.6M | — |
OKX XCU-USDT-SWAP
Variational Omni COPPERFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against OKX. 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
- $0
- Price spread: +0.044% → +0.011%
- $3.25
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$6.75
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 3 min ago; Variational Omni: RFQ quote, just now. 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 OKX live order book, 3 min ago | 0.52 bp | 36.6 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, just now | 2.98 bp | doesn't fit | 23.2 bp −$232 | doesn't fit | doesn't fit |
COPPER on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX COPPER-USD | −0.0151% | 1h | 6.7840 | +0.025% | $898 | $3K | 20x | as long as short |
| tradeXYZ xyz:COPPER | −0.0103% | 1h | 6.7844 | +0.031% | $10.3M | $5.9M | 20x | as long as short |
| edgeX COPPERUSDC | −0.0019% | 4h | 6.7873 | +0.073% | $93K | $316K | 20x | as long as short |
| BloFin COPPER-USDT | −0.0011% | 4h | 6.7870 | +0.069% | $87K | $148K | 100x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.7890 | +0.099% | $32K | $52K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.7870 | +0.069% | $8.9M | $34.9M | 100x | as long as short |
| OKX XCU-USDT-SWAPlong | 0.0000% | 8h | 6.7823 | long leg | $469K | $1.2M | 50x | |
| Gate XCU_USDT | 0.0000% | 8h | 6.7770 | −0.078% | $1.3M | $522K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.7870 | +0.069% | $25.6M | $4.1M | 100x | as long as short |
| Variational Omni COPPERshort | 0.0000% | 4h | 6.7853 | +0.044% | $752K | $1.6M | — |
SoDEX COPPER-USD
tradeXYZ xyz:COPPER
edgeX COPPERUSDC
BloFin COPPER-USDT
Aster XCUUSDT
Binance COPPERUSDT
Gate XCU_USDT
MEXC COPPER_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.7890 | +0.099% | $91K | $2.3M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.7860 | +0.055% | — | $7.9M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | 6.7890 | +0.099% | $60K | $28K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.7860 | +0.055% | $4.2M | $82K | 100x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.7975 | +0.224% | $476K | $47K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.7891 | +0.100% | $234K | $2.9M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.7905 | +0.121% | — | $82K | 25x | as long as short |
| Bitget COPPERUSDT | +0.0050% | 4h | 6.7870 | +0.069% | $1.6M | $1.1M | 100x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.7772 | −0.075% | $64K | $26K | 15x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.7880 | +0.083% | $1K | $3K | 5x | as long as short |
| QFEX COPPER-USD | +0.0053% | 1h | 6.7900 | +0.114% | $1.5M | $138K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.7893 | +0.103% | $23K | $16K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.7780 | −0.063% | $259K | $26K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.7920 | +0.143% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.7862 | +0.058% | $310 | — | 10x | as long as short |
| Phoenix COPPER | +0.0329% | 1h | 6.7911 | +0.130% | $45K | $30K | 20x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0953% | 1h | 6.7825 | +0.003% | $26K | $177K | 20x | as long as short |
GRVT COPPER_USDT_Perp
SunX COPPER-USDT
HTX COPPER-USDT
Phemex COPPERUSDT
Lighter XCU
Extended XCU-USD
Vest HG-PERP
Bitget COPPERUSDT
Ondo Perps COPPER-USD.P
Paradex XCU-USD-PERP
QFEX COPPER-USD
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Phoenix COPPER
Kraken Futures PF_XCUUSD