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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: Aevo against Pacifica−0.073%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: Aevo is 0.073% cheaper against Pacifica 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
LongPacifica COPPER6.78990.0100pay 0.0013% / 1h32m 17s$23K$16K10x
ShortAevo COPPER-PERP6.78490.0104get 0.0013% / 1h32m 17s$31010x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Pacifica. 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
$0.84
Price spread: −0.073% → 0.000%
−$7.27
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$30.43
Costs to cover
0.240%
Break-even
260.6 days
Slippage unknown: Pacifica: no order-book sample; Aevo: 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 Pacifica no order-book sample
Sell Aevo no order-book sample
Pacifica and Aevo: 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 27 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
SoDEX COPPER-USD−0.0113%1h6.7847−0.076%$898$3K20xas long as short
tradeXYZ xyz:COPPER−0.0074%1h6.7824−0.110%$10.3M$5.9M20xas long as short
BloFin COPPER-USDT−0.0060%4h6.7840−0.086%$87K$148K100xas long as short
edgeX COPPERUSDC−0.0016%4h6.7852−0.068%$93K$317K20xas long as short
Aster XCUUSDT0.0000%4h6.7891−0.012%$32K$52K50xas long as short
Binance COPPERUSDT0.0000%4h6.7860−0.057%$8.9M$34.9M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.7851−0.070%$469K$1.2M50xas long as short
Gate XCU_USDT0.0000%8h6.7780−0.175%$1.3M$522K100xas long as short
MEXC COPPER_USDT0.0000%4h6.7860−0.057%$25.6M$4.1M100xas long as short
Variational Omni COPPER0.0000%4h6.7853−0.068%$752K$1.6Mas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COPPER_USDT_Perp0.0000%4h6.7891−0.012%$89K$2.3M25xas long as short
SunX COPPER-USDT0.0000%4h6.7850−0.072%$7.9M20xas long as short
HTX COPPER-USDT0.0000%4h6.7950+0.076%$60K$28K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7850−0.072%$4.2M$82K100xas long as short
Lighter XCU+0.0032%1h6.7964+0.096%$476K$46K20xas long as short
Extended XCU-USD+0.0032%1h6.7901+0.003%$234K$2.9M20xas long as short
Vest HG-PERP+0.0046%1h6.7905+0.009%$82K25xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.7772−0.187%$64K$26K15xas long as short
Paradex XCU-USD-PERP+0.0051%8h6.7869−0.044%$1K$3K5xas long as short
QFEX COPPER-USD+0.0053%1h6.7870−0.042%$1.5M$138K20xas long as short
Bitget COPPERUSDT+0.0074%4h6.7850−0.072%$1.6M$1.1M100xas long as short
Pacifica COPPERlong+0.0100%1h6.7899long leg$23K$16K10x
KuCoin COPPERUSDTM+0.0100%4h6.7920+0.031%$257K$25K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.7940+0.061%$3K10xas long as short
Aevo COPPER-PERPshort+0.0104%1h6.7849−0.073%$31010x
Phoenix COPPER+0.0329%1h6.7912+0.020%$45K$30K20xas long as short
Kraken Futures PF_XCUUSD+0.0953%1h6.7834−0.095%$26K$177K20xas long as short