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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.4% APRpaid last 24h +0.041%
Price spread now: KuCoin against Ondo Perps−0.006%7-day average · you buy dearer than you sell
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+0.214%+$21 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: 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.P6.79940.0050pay 0.0006% / 1h18m 17s$56K$55K15x
ShortKuCoin COPPERUSDTM6.79900.0100get 0.0050% / 4h18m 17s$258K$25K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$10.42
Price spread: −0.006% → 0.000%
−$0.59
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$7.17
Costs to cover
0.170%
Break-even
11.8 days
Slippage unknown: Ondo Perps: no order-book sample; KuCoin: live order book, 42 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 KuCoin live order book, 42 min ago12.49 bp69.1 bp −$69doesn't fitdoesn'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
edgeX COPPERUSDC−0.0019%4h6.7955−0.057%$93K$317K20xas long as short
Aster XCUUSDT0.0000%4h6.8004+0.015%$32K$36K50xas long as short
Binance COPPERUSDT0.0000%4h6.8004+0.014%$9.0M$34.2M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.7952−0.062%$467K$1.2M50xas long as short
Gate XCU_USDT0.0000%8h6.7860−0.197%$1.3M$493K100xas long as short
MEXC COPPER_USDT0.0000%4h6.7990−0.006%$26.9M$4.9M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8010+0.024%$1.7M$1.0M100xas long as short
Variational Omni COPPER0.0000%4h6.7966−0.041%$739K$1.6Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.7977−0.025%$90K$2.1M25xas long as short
SunX COPPER-USDT0.0000%4h6.8000+0.009%$7.5M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX COPPER-USDT0.0000%4h6.8030+0.053%$60K$27K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7950−0.065%$4.2M$79K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.7969−0.037%$176K250xas long as short
QFEX COPPER-USD+0.0013%1h6.7980−0.021%$1.5M$130K20xas long as short
Lighter XCU+0.0032%1h6.8094+0.147%$476K$45K20xas long as short
BloFin COPPER-USDT+0.0033%4h6.7990−0.006%$87K$149K100xas long as short
Phoenix COPPER+0.0035%1h6.7957−0.054%$45K$30K20xas long as short
Vest HG-PERP+0.0046%1h6.7958−0.053%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.7993−0.002%$1K$3K5xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.7969−0.037%$10.4M$5.1M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.7966−0.041%$900$3K20xas long as short
Ondo Perps COPPER-USD.Plong+0.0050%1h6.7994long leg$56K$55K15x
Pacifica COPPER+0.0100%1h6.7995+0.002%$23K$14K10xas long as short
KuCoin COPPERUSDTMshort+0.0100%4h6.7990−0.006%$258K$25K50x
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8040+0.068%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.7989−0.007%$31110xas long as short
Kraken Futures PF_XCUUSD+0.0312%1h6.7976−0.026%$28K$173K20xas long as short
Extended XCU-USD+0.0448%1h6.7968−0.038%$230K$2.9M20xas long as short