Funding you earn now, next payment 00:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.061%
Price spread now: BloFin against Paradex−0.022%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.022% cheaper against Paradex than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex XCU-USD-PERP | 6.7885 | 0.0050 | pay 0.0050% / 8h | 2h 05m | $1K | $3K | 5x |
| Short | BloFin COPPER-USDT | 6.7870 | 0.0002 | get 0.0001% / 4h | 2h 05m | $87K | $150K | 100x |
Paradex XCU-USD-PERP
BloFin COPPER-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Paradex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.1
- Price spread: −0.022% → 0.000%
- −$2.16
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$28.26
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; BloFin: live order book, 8 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Paradex no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 8 min ago | 0.74 bp | 12.1 bp −$12 | 20.0 bp −$200 | 69.3 bp −$6,926 | doesn't fit |
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 27 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX COPPER-USD | −0.0125% | 1h | 6.7833 | −0.076% | $898 | $3K | 20x | as long as short |
| tradeXYZ xyz:COPPER | −0.0075% | 1h | 6.7835 | −0.073% | $10.4M | $6.0M | 20x | as long as short |
| edgeX COPPERUSDC | −0.0015% | 4h | 6.7883 | −0.002% | $93K | $317K | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.7898 | +0.019% | $32K | $52K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.7876 | −0.013% | $8.9M | $35.1M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.7810 | −0.110% | $469K | $1.2M | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.7810 | −0.110% | $1.3M | $522K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.7880 | −0.007% | $27.1M | $5.1M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.7872 | −0.019% | $752K | $1.6M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.7893 | +0.013% | $91K | $2.3M | 25x | as long as short |
SoDEX COPPER-USD
tradeXYZ xyz:COPPER
edgeX COPPERUSDC
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Variational Omni COPPER
GRVT COPPER_USDT_PerpShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX COPPER-USDT | 0.0000% | 4h | 6.7870 | −0.022% | — | $7.9M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | 6.7890 | +0.008% | $60K | $28K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.7870 | −0.022% | $4.2M | $82K | 100x | as long as short |
| BloFin COPPER-USDTshort | +0.0002% | 4h | 6.7870 | −0.022% | $87K | $150K | 100x | |
| Bitget COPPERUSDT | +0.0014% | 4h | 6.7870 | −0.022% | $1.6M | $1.1M | 100x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.8006 | +0.179% | $476K | $47K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.7884 | −0.001% | $234K | $2.9M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.7905 | +0.030% | — | $82K | 25x | as long as short |
| Paradex XCU-USD-PERPlong | +0.0050% | 8h | 6.7885 | long leg | $1K | $3K | 5x | |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.7902 | +0.026% | $56K | $33K | 15x | as long as short |
| QFEX COPPER-USD | +0.0053% | 1h | 6.7870 | −0.022% | $1.5M | $138K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.7886 | +0.002% | $23K | $16K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.7790 | −0.139% | $257K | $25K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.7930 | +0.067% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.7869 | −0.023% | $310 | — | 10x | as long as short |
| Phoenix COPPER | +0.0329% | 1h | 6.7909 | +0.036% | $45K | $30K | 20x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0953% | 1h | 6.7817 | −0.100% | $26K | $177K | 20x | as long as short |
SunX COPPER-USDT
HTX COPPER-USDT
Phemex COPPERUSDT
Bitget COPPERUSDT
Lighter XCU
Extended XCU-USD
Vest HG-PERP
Ondo Perps COPPER-USD.P
QFEX COPPER-USD
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Phoenix COPPER
Kraken Futures PF_XCUUSD