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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.038%
Price spread now: Aster against Ondo Perps+0.001%7-day average · 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−0.250%−$25 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · Aster: Stage 5 · 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
LongOndo Perps COPPER-USD.P6.82790.0050pay 0.0006% / 1h9m 25s$57K$55K15x
ShortAster XCUUSDT6.82800get 0.0000% / 4h3h 09m$32K$27K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Ondo Perps. 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%
$0.09
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$23.5
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Aster: 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 Ondo Perps no order-book sample
Sell Aster no order-book sample
Ondo Perps and Aster: 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−0.0404%1h6.8253−0.038%$35K$176K20xas long as short
tradeXYZ xyz:COPPER−0.0051%1h6.8245−0.050%$10.6M$4.9M20xas long as short
QFEX COPPER-USD−0.0003%1h6.8260−0.028%$1.5M$129K20xas long as short
Aster XCUUSDTshort0.0000%4h6.8280+0.001%$32K$27K50x
Binance COPPERUSDT0.0000%4h6.8260−0.028%$9.1M$32.9M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8244−0.051%$489K$971K50xas long as short
Gate XCU_USDT0.0000%8h6.8180−0.145%$1.3M$505K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8260−0.028%$26.2M$4.5M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8260−0.028%$2.5M$1.7M100xas long as short
Variational Omni COPPER0.0000%4h6.8252−0.039%$740K$1.4Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COPPER_USDT_Perp0.0000%4h6.8310+0.045%$87K$2.2M25xas long as short
SunX COPPER-USDT0.0000%4h6.8260−0.028%$6.6M20xas long as short
HTX COPPER-USDT0.0000%4h6.8300+0.031%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8150−0.189%$4.2M$78K100xas long as short
edgeX COPPERUSDC+0.0001%4h6.8283+0.006%$95K$317K20xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8262−0.025%$178K250xas long as short
Lighter XCU+0.0032%1h6.8381+0.149%$478K$40K20xas long as short
Extended XCU-USD+0.0032%1h6.8278−0.001%$269K$2.5M20xas long as short
BloFin COPPER-USDT+0.0036%4h6.8260−0.028%$88K$135K100xas long as short
Vest HG-PERP+0.0046%1h6.8265−0.021%$82K25xas long as short
Phoenix COPPER+0.0047%1h6.8278−0.001%$45K$23K20xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8253−0.039%$2K$2K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.8235−0.064%$904$3K20xas long as short
Ondo Perps COPPER-USD.Plong+0.0050%1h6.8279long leg$57K$55K15x
Pacifica COPPER+0.0100%1h6.8270−0.014%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8280+0.001%$278K$35K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8340+0.089%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8251−0.041%$31210xas long as short