Funding you earn now, next payment 23:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.024%
Price spread now: Bitget against Ondo Perps+0.096%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.260%−$26 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
The price spread pays, funding is against you. Bitget is 0.096% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.096% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.3 days. At the pace of the last 7 days (−0.260% in total) that is about 2.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps COPPER-USD.P | 6.7915 | 0.0050 | pay 0.0006% / 1h | 10m 06s | $56K | $55K | 15x |
| Short | Bitget COPPERUSDT | 6.7980 | 0 | get 0.0000% / 4h | 1h 10m | $1.7M | $1.0M | 100x |
Ondo Perps COPPER-USD.P
Bitget COPPERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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 itlatest
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: +0.096% → 0.000%
- $9.57
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$18.01
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bitget: live order book, 2 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 2 min ago | 0.74 bp | 12.1 bp −$12 | 31.6 bp −$316 | 102.4 bp −$10.2K | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin COPPER-USDT | −0.0026% | 4h | 6.7940 | +0.037% | $87K | $149K | 100x | as long as short |
| QFEX COPPER-USD | −0.0015% | 1h | 6.7960 | +0.066% | $1.5M | $135K | 20x | as long as short |
| tradeXYZ xyz:COPPER | −0.0014% | 1h | 6.7933 | +0.027% | $10.4M | $5.4M | 20x | as long as short |
| edgeX COPPERUSDC | −0.0009% | 4h | 6.7964 | +0.073% | $93K | $316K | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.7987 | +0.106% | $32K | $36K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.7984 | +0.101% | $9.0M | $34.5M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.7943 | +0.041% | $467K | $1.2M | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.7830 | −0.125% | $1.3M | $499K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.7970 | +0.081% | $26.9M | $5.1M | 100x | as long as short |
| Bitget COPPERUSDTshort | 0.0000% | 4h | 6.7980 | +0.096% | $1.7M | $1.0M | 100x |
BloFin COPPER-USDT
QFEX COPPER-USD
tradeXYZ xyz:COPPER
edgeX COPPERUSDC
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni COPPER | 0.0000% | 4h | 6.7966 | +0.075% | $739K | $1.6M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.7980 | +0.096% | $90K | $2.2M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.7970 | +0.081% | — | $7.7M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | 6.7990 | +0.110% | $60K | $28K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.7910 | −0.007% | $4.2M | $81K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.7963 | +0.071% | $176K | — | 250x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.8069 | +0.227% | $476K | $45K | 20x | as long as short |
| Extended XCU-USD | +0.0040% | 1h | 6.7968 | +0.078% | $231K | $2.9M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.7956 | +0.060% | — | $82K | 25x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.7979 | +0.094% | $1K | $3K | 5x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.7943 | +0.041% | $900 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.Plong | +0.0050% | 1h | 6.7915 | long leg | $56K | $55K | 15x | |
| Kraken Futures PF_XCUUSD | +0.0060% | 1h | 6.7958 | +0.063% | $26K | $171K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.7973 | +0.086% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.7980 | +0.096% | $258K | $25K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8030 | +0.169% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.7977 | +0.092% | $311 | — | 10x | as long as short |
| Phoenix COPPER | +0.0329% | 1h | 6.7930 | +0.022% | $45K | $30K | 20x | as long as short |
Variational Omni COPPER
GRVT COPPER_USDT_Perp
SunX COPPER-USDT
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
Lighter XCU
Extended XCU-USD
Vest HG-PERP
Paradex XCU-USD-PERP
SoDEX COPPER-USD
Kraken Futures PF_XCUUSD
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Phoenix COPPER