Funding you earn now, next payment 22:00 UTC−0.0018%/8h= −1.9% APRpaid last 24h +0.028%
Price spread now: Extended against Paradex−0.011%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
=Together, before fees—+ Points / potential airdropParadex: Active · Extended: 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex XCU-USD-PERP | 6.7892 | 0.0050 | pay 0.0050% / 8h | 2h 10m | $1K | $3K | 5x |
| Short | Extended XCU-USD | 6.7885 | 0.0032 | get 0.0004% / 1h | 10m 08s | $234K | $2.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$3.7
- Price spread: −0.011% → 0.000%
- −$1.05
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$13.75
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Extended: live order book, 4 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 Extended live order book, 4 min ago | 1.33 bp | 4.9 bp −$5 | 57.9 bp −$579 | doesn't fit | 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 | −0.0119% | 1h | 6.7843 | −0.072% | $898 | $3K | 20x | as long as short |
| tradeXYZ xyz:COPPER | −0.0077% | 1h | 6.7844 | −0.071% | $10.4M | $6.0M | 20x | as long as short |
| edgeX COPPERUSDC | −0.0008% | 4h | 6.7885 | −0.010% | $93K | $319K | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.7898 | +0.009% | $32K | $52K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.7890 | −0.003% | $8.9M | $35.2M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.7810 | −0.121% | $469K | $1.2M | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.7810 | −0.121% | $1.3M | $522K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.7890 | −0.003% | $27.1M | $5.1M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.7884 | −0.012% | $752K | $1.6M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.7880 | −0.018% | $91K | $2.3M | 25x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX COPPER-USDT | 0.0000% | 4h | 6.7880 | −0.018% | — | $7.9M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | 6.7900 | +0.012% | $60K | $28K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.7880 | −0.018% | $4.2M | $82K | 100x | as long as short |
| BloFin COPPER-USDT | +0.0019% | 4h | 6.7900 | +0.012% | $87K | $150K | 100x | as long as short |
| Bitget COPPERUSDT | +0.0020% | 4h | 6.7890 | −0.003% | $1.6M | $1.1M | 100x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.8006 | +0.168% | $476K | $47K | 20x | as long as short |
| Extended XCU-USDshort | +0.0032% | 1h | 6.7885 | −0.011% | $234K | $2.9M | 20x | |
| Vest HG-PERP | +0.0046% | 1h | 6.7905 | +0.019% | — | $82K | 25x | as long as short |
| Paradex XCU-USD-PERPlong | +0.0050% | 8h | 6.7892 | long leg | $1K | $3K | 5x | |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.7898 | +0.009% | $56K | $33K | 15x | as long as short |
| QFEX COPPER-USD | +0.0053% | 1h | 6.7850 | −0.062% | $1.5M | $138K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.7891 | −0.001% | $23K | $16K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.7840 | −0.077% | $257K | $25K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.7940 | +0.071% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.7881 | −0.016% | $310 | — | 10x | as long as short |
| Phoenix COPPER | +0.0329% | 1h | 6.7909 | +0.025% | $45K | $30K | 20x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0953% | 1h | 6.7822 | −0.103% | $26K | $177K | 20x | as long as short |
Paradex XCU-USD-PERP
Extended XCU-USD
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_Perp
SunX COPPER-USDT
HTX COPPER-USDT
Phemex COPPERUSDT
BloFin COPPER-USDT
Bitget COPPERUSDT
Lighter XCU
Pacifica COPPER
KuCoin COPPERUSDTM
Phoenix COPPER
Kraken Futures PF_XCUUSD