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= −5.5% APRpaid last 24h −0.043%
Price spread now: Aster against Paradex+0.024%7-day average · you sell dearer than you buy
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 airdropParadex: Active · Aster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Aster is 0.024% dearer against Paradex than usual: you sell high and buy low (spread +0.024% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 38 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex XCU-USD-PERP6.78780.0050pay 0.0050% / 8h2h 26m$1K$3K5x
ShortAster XCUUSDT6.78950get 0.0000% / 4h2h 26m$32K$52K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Paradex. 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
−$10.6
Price spread: +0.024% → 0.000%
$2.43
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Aster: 4 bp × 2 orders
−$8
Net
−$20.17
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Aster: 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 Paradex no order-book sample
Sell Aster no order-book sample
Paradex and Aster: 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−0.0138%1h6.7822−0.083%$898$3K20xas long as short
tradeXYZ xyz:COPPER−0.0097%1h6.7828−0.074%$10.3M$5.9M20xas long as short
BloFin COPPER-USDT−0.0032%4h6.7870−0.012%$87K$148K100xas long as short
edgeX COPPERUSDC−0.0003%4h6.7852−0.039%$93K$318K20xas long as short
Aster XCUUSDTshort0.0000%4h6.7895+0.024%$32K$52K50x
Binance COPPERUSDT0.0000%4h6.7860−0.027%$8.9M$34.9M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.7823−0.082%$469K$1.2M50xas long as short
Gate XCU_USDT0.0000%8h6.7770−0.160%$1.3M$522K100xas long as short
MEXC COPPER_USDT0.0000%4h6.7860−0.027%$25.6M$4.1M100xas long as short
Variational Omni COPPER0.0000%4h6.7852−0.039%$752K$1.6Mas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COPPER_USDT_Perp0.0000%4h6.7889+0.015%$89K$2.3M25xas long as short
SunX COPPER-USDT0.0000%4h6.7850−0.042%$7.9M20xas long as short
HTX COPPER-USDT0.0000%4h6.7900+0.032%$60K$28K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7860−0.027%$4.2M$82K100xas long as short
Lighter XCU+0.0032%1h6.7966+0.129%$476K$46K20xas long as short
Extended XCU-USD+0.0032%1h6.7894+0.023%$234K$2.9M20xas long as short
Vest HG-PERP+0.0046%1h6.7905+0.039%$82K25xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.7772−0.157%$64K$26K15xas long as short
Paradex XCU-USD-PERPlong+0.0050%8h6.7878long leg$1K$3K5x
QFEX COPPER-USD+0.0053%1h6.7870−0.012%$1.5M$138K20xas long as short
Bitget COPPERUSDT+0.0058%4h6.7840−0.057%$1.6M$1.1M100xas long as short
Pacifica COPPER+0.0100%1h6.7896+0.026%$23K$16K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.7790−0.130%$259K$26K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.7930+0.076%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.7858−0.031%$31010xas long as short
Phoenix COPPER+0.0329%1h6.7911+0.048%$45K$30K20xas long as short
Kraken Futures PF_XCUUSD+0.0952%1h6.7850−0.041%$26K$177K20xas long as short