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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against Orderly−0.072%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: 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: Pacifica is 0.072% cheaper against Orderly than usual: you would sell low and buy high, −$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_COPPER_USDC_mythos6.81200.0100pay 0.0100% / 8h5h 39m$3K10x
ShortPacifica COPPER6.80710.0100get 0.0013% / 1h39m 55s$23K$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Orderly. 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
Price spread: −0.072% → 0.000%
−$7.22
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$21.22
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Pacifica: 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 Orderly no order-book sample
Sell Pacifica no order-book sample
Orderly and Pacifica: 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
QFEX COPPER-USD0.0000%1h6.8080−0.059%$1.5M$129K20xas long as short
Aster XCUUSDT0.0000%4h6.8093−0.039%$32K$21K50xas long as short
Binance COPPERUSDT0.0000%4h6.8100−0.029%$9.0M$32.4M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8053−0.098%$472K$939K50xas long as short
Gate XCU_USDT0.0000%8h6.7900−0.323%$1.3M$485K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8100−0.029%$26.0M$4.2M100xas long as short
Bitget COPPERUSDT0.0000%4h6.81200.000%$1.7M$999K100xas long as short
Variational Omni COPPER0.0000%4h6.8072−0.071%$741K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8100−0.029%$95K$2.0M25xas long as short
SunX COPPER-USDT0.0000%4h6.8090−0.044%$6.7M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX COPPER-USDT0.0000%4h6.8090−0.044%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7990−0.191%$4.2M$75K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8065−0.081%$178K250xas long as short
edgeX COPPERUSDC+0.0004%4h6.8069−0.074%$94K$317K20xas long as short
Phoenix COPPER+0.0012%1h6.8096−0.035%$45K$23K20xas long as short
BloFin COPPER-USDT+0.0028%4h6.8070−0.073%$88K$143K100xas long as short
Vest HG-PERP+0.0046%1h6.8059−0.090%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8068−0.076%$1K$2K5xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.8065−0.081%$10.4M$4.8M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.8060−0.088%$901$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8096−0.035%$57K$55K15xas long as short
Lighter XCU+0.0072%1h6.8191+0.104%$477K$39K20xas long as short
Pacifica COPPERshort+0.0100%1h6.8071−0.072%$23K$14K10x
KuCoin COPPERUSDTM+0.0100%4h6.8100−0.029%$258K$21K50xas long as short
Orderly PERP_COPPER_USDC_mythoslong+0.0100%8h6.8120long leg$3K10x
Aevo COPPER-PERP+0.0104%1h6.8077−0.063%$31110xas long as short
Kraken Futures PF_XCUUSD+0.0196%1h6.8078−0.061%$32K$176K20xas long as short
Extended XCU-USD+0.0592%1h6.8071−0.071%$223K$2.8M20xas long as short