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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.039%
Price spread now: Pacifica against Paradex+0.001%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 · Pacifica: 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: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex XCU-USD-PERP6.80410.0050pay 0.0050% / 8h7h 58m$1K$3K5x
ShortPacifica COPPER6.80420.0100get 0.0013% / 1h58m 40s$23K$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$10.5
Price spread: +0.001% → 0.000%
$0.1
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$1.39
Costs to cover
0.120%
Break-even
7.9 days
Slippage unknown: Paradex: no order-book sample; Pacifica: 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 Pacifica no order-book sample
Paradex and Pacifica: 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 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
Kraken Futures PF_XCUUSD−0.0448%1h6.7952−0.131%$28K$174K20xas long as short
edgeX COPPERUSDC−0.0008%4h6.8054+0.019%$93K$319K20xas long as short
BloFin COPPER-USDT−0.0002%4h6.8090+0.071%$87K$149K100xas long as short
Aster XCUUSDT0.0000%4h6.8049+0.011%$32K$36K50xas long as short
Binance COPPERUSDT0.0000%4h6.8038−0.005%$9.0M$34.1M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8027−0.021%$467K$987K50xas long as short
Gate XCU_USDT0.0000%8h6.7930−0.164%$1.3M$491K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8040−0.002%$26.9M$4.9M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8060+0.027%$1.7M$1.0M100xas long as short
Variational Omni COPPER0.0000%4h6.8056+0.021%$740K$1.6Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COPPER_USDT_Perp0.0000%4h6.8070+0.042%$89K$2.1M25xas long as short
SunX COPPER-USDT0.0000%4h6.8030−0.017%$7.4M20xas long as short
HTX COPPER-USDT0.0000%4h6.8130+0.130%$60K$27K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7940−0.149%$4.2M$78K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8060+0.028%$177K250xas long as short
QFEX COPPER-USD+0.0004%1h6.8020−0.031%$1.5M$139K20xas long as short
tradeXYZ xyz:COPPER+0.0018%1h6.8013−0.042%$10.4M$5.1M20xas long as short
Lighter XCU+0.0032%1h6.8141+0.146%$477K$45K20xas long as short
Phoenix COPPER+0.0035%1h6.8050+0.013%$45K$30K20xas long as short
Vest HG-PERP+0.0046%1h6.8057+0.023%$82K25xas long as short
Paradex XCU-USD-PERPlong+0.0050%8h6.8041long leg$1K$3K5x
SoDEX COPPER-USD+0.0050%1h6.8037−0.006%$901$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8002−0.058%$57K$55K15xas long as short
Pacifica COPPERshort+0.0100%1h6.8042+0.001%$23K$14K10x
KuCoin COPPERUSDTM+0.0100%4h6.8000−0.061%$258K$25K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8120+0.116%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8064+0.034%$31110xas long as short
Extended XCU-USD+0.0496%1h6.8016−0.037%$230K$2.9M20xas long as short