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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%
Price spread now: Paradex against Ondo Perps−0.039%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · Paradex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.039% cheaper against Ondo Perps than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps COPPER-USD.P6.82140.0050pay 0.0006% / 1h18m 08s$57K$55K15x
ShortParadex XCU-USD-PERP6.81880.0050get 0.0050% / 8h4h 18m$2K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$0.08
Price spread: −0.039% → 0.000%
−$3.87
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$12.95
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Paradex: 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 Paradex no order-book sample
Ondo Perps and Paradex: 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
BloFin COPPER-USDT−0.0013%4h6.8200−0.021%$88K$143K100xas long as short
Aster XCUUSDT0.0000%4h6.8226+0.017%$32K$27K50xas long as short
Binance COPPERUSDT0.0000%4h6.8200−0.021%$9.0M$32.8M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8183−0.045%$480K$959K50xas long as short
Gate XCU_USDT0.0000%8h6.8080−0.196%$1.3M$495K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8190−0.035%$26.0M$4.3M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8200−0.021%$2.5M$1.7M100xas long as short
Variational Omni COPPER0.0000%4h6.8182−0.046%$742K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8210−0.006%$96K$2.1M25xas long as short
SunX COPPER-USDT0.0000%4h6.8190−0.035%$6.6M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX COPPER-USDT0.0000%4h6.8240+0.038%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8150−0.094%$4.2M$77K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8201−0.018%$178K250xas long as short
QFEX COPPER-USD+0.0009%1h6.8200−0.021%$1.5M$129K20xas long as short
tradeXYZ xyz:COPPER+0.0016%1h6.8180−0.050%$10.5M$4.8M20xas long as short
edgeX COPPERUSDC+0.0017%4h6.8176−0.056%$94K$318K20xas long as short
Lighter XCU+0.0032%1h6.8298+0.123%$477K$40K20xas long as short
Vest HG-PERP+0.0046%1h6.8203−0.016%$82K25xas long as short
Paradex XCU-USD-PERPshort+0.0050%8h6.8188−0.039%$2K$2K5x
SoDEX COPPER-USD+0.0050%1h6.8178−0.053%$903$3K20xas long as short
Ondo Perps COPPER-USD.Plong+0.0050%1h6.8214long leg$57K$55K15x
Pacifica COPPER+0.0100%1h6.8218+0.006%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8180−0.050%$290K$32K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8250+0.053%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8181−0.048%$31210xas long as short
Phoenix COPPER+0.0164%1h6.8210−0.006%$45K$23K20xas long as short
Extended XCU-USD+0.0192%1h6.8207−0.010%$263K$2.7M20xas long as short
Kraken Futures PF_XCUUSD+0.0291%1h6.8164−0.074%$34K$176K20xas long as short