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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0018%/8h= −2.0% APRnext payment $0.02 per $10,000 · paid last 24h +0.034%
Price spread now: Extended against Ondo Perps+0.016%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+0.041%+$4 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · Extended: 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: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps COPPER-USD.P6.80440.0050pay 0.0006% / 1h32m 17s$57K$55K15x
ShortExtended XCU-USD6.80550.0032get 0.0004% / 1h32m 17s$275K$2.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$3.86
Price spread: +0.016% → 0.000%
$1.58
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$12.28
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Extended: live order book, 1 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 Ondo Perps no order-book sample
Sell Extended live order book, 1 min ago1.98 bp9.0 bp −$959.2 bp −$592doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:COPPER−0.0006%1h6.8025−0.028%$10.6M$5.0M20xas long as short
BloFin COPPER-USDT−0.0005%4h6.8110+0.097%$88K$138K100xas long as short
Aster XCUUSDT0.0000%4h6.8078+0.051%$32K$27K50xas long as short
Binance COPPERUSDT0.0000%4h6.8081+0.055%$9.0M$33.9M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8032−0.018%$493K$981K50xas long as short
Gate XCU_USDT0.0000%8h6.7950−0.138%$1.3M$523K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8070+0.038%$26.2M$4.9M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8070+0.038%$2.9M$2.0M100xas long as short
Variational Omni COPPER0.0000%4h6.8073+0.043%$734K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8090+0.068%$94K$2.3M25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX COPPER-USDT0.0000%4h6.8100+0.082%$6.4M20xas long as short
HTX COPPER-USDT0.0000%4h6.8100+0.082%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8090+0.068%$4.2M$83K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8036−0.012%$177K250xas long as short
QFEX COPPER-USD+0.0003%1h6.8070+0.038%$1.5M$130K20xas long as short
edgeX COPPERUSDC+0.0014%4h6.8060+0.023%$94K$319K20xas long as short
Extended XCU-USDshort+0.0032%1h6.8055+0.016%$275K$2.3M20x
Vest HG-PERP+0.0046%1h6.80440.000%$82K25xas long as short
Phoenix COPPER+0.0047%1h6.8060+0.024%$45K$22K20xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8072+0.042%$1K$2K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.80440.000%$4K$5K20xas long as short
Ondo Perps COPPER-USD.Plong+0.0050%1h6.8044long leg$57K$55K15x
Lighter XCU+0.0072%1h6.8182+0.203%$477K$42K20xas long as short
Pacifica COPPER+0.0100%1h6.8060+0.023%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8080+0.053%$278K$37K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8130+0.126%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8064+0.030%$31110xas long as short
Kraken Futures PF_XCUUSD+0.0108%1h6.8065+0.030%$34K$176K20xas long as short