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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Paradex against Pacifica−0.002%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 airdropPacifica: Active · Paradex: 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
LongPacifica COPPER6.83930.0100pay 0.0013% / 1h20m 49s$23K$14K10x
ShortParadex XCU-USD-PERP6.83920.0050get 0.0050% / 8h6h 20m$2K$8255x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$10.49
Price spread: −0.002% → 0.000%
−$0.17
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$22.66
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Pacifica: 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 Pacifica no order-book sample
Sell Paradex no order-book sample
Pacifica 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XCUUSDT0.0000%4h6.8408+0.022%$35K$47K50xas long as short
Binance COPPERUSDT0.0000%4h6.8410+0.024%$9.0M$32.1M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8367−0.039%$503K$843K50xas long as short
Gate XCU_USDT0.0000%8h6.8260−0.195%$1.3M$184K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8400+0.010%$26.5M$5.7M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8410+0.024%$2.9M$1.6M100xas long as short
Variational Omni COPPER0.0000%4h6.8401+0.011%$767K$549Kas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8412+0.027%$87K$2.3M25xas long as short
SunX COPPER-USDT0.0000%4h6.8430+0.054%$5.0M20xas long as short
HTX COPPER-USDT0.0000%4h6.8450+0.083%$61K$71K75xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex COPPERUSDT0.0000%4h6.8230−0.239%$4.2M$82K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8362−0.046%$178K250xas long as short
edgeX COPPERUSDC+0.0020%4h6.8402+0.012%$95K$319K20xas long as short
QFEX COPPER-USD+0.0020%1h6.8410+0.024%$1.5M$150K20xas long as short
BloFin COPPER-USDT+0.0024%4h6.8430+0.054%$89K$155K100xas long as short
Extended XCU-USD+0.0032%1h6.8368−0.037%$272K$1.7M20xas long as short
Vest HG-PERP+0.0046%1h6.8385−0.012%$36K25xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.8363−0.044%$10.8M$3.9M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.8363−0.044%$905$6K20xas long as short
Paradex XCU-USD-PERPshort+0.0050%8h6.8392−0.002%$2K$8255x
Ondo Perps COPPER-USD.P+0.0050%1h6.8367−0.039%$59K$52K15xas long as short
Lighter XCU+0.0064%1h6.8497+0.152%$479K$23K20xas long as short
Pacifica COPPERlong+0.0100%1h6.8393long leg$23K$14K10x
KuCoin COPPERUSDTM+0.0100%4h6.8360−0.049%$266K$39K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8440+0.068%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8377−0.024%$31310xas long as short
Phoenix COPPER+0.0117%1h6.8403+0.014%$45K$17K20xas long as short
Kraken Futures PF_XCUUSD+0.0330%1h6.8395+0.002%$34K$180K20xas long as short