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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: SoDEX against Paradex−0.032%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 3 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 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.032% cheaper against Paradex than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex XCU-USD-PERP6.81060.0050pay 0.0050% / 8h1h 49m$1K$2K5x
ShortSoDEX COPPER-USD6.80840.0050get 0.0006% / 1h49m 20s$902$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$0
Price spread: −0.032% → 0.000%
−$3.2
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$15.2
Costs to cover
0.120%
Break-even
193329219.4 days
Slippage unknown: Paradex: no order-book sample; SoDEX: 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 SoDEX no order-book sample
Paradex and SoDEX: 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
BloFin COPPER-USDT−0.0042%4h6.8150+0.065%$88K$138K100xas long as short
Aster XCUUSDT0.0000%4h6.8125+0.028%$32K$27K50xas long as short
Binance COPPERUSDT0.0000%4h6.8119+0.020%$9.2M$33.6M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8068−0.055%$497K$971K50xas long as short
Gate XCU_USDT0.0000%8h6.7990−0.170%$1.3M$520K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8120+0.021%$26.6M$4.7M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8120+0.021%$2.9M$2.0M100xas long as short
Variational Omni COPPER0.0000%4h6.8124+0.026%$735K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8150+0.065%$93K$2.3M25xas long as short
SunX COPPER-USDT0.0000%4h6.8130+0.036%$6.5M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX COPPER-USDT0.0000%4h6.8190+0.124%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8130+0.036%$4.2M$82K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8091−0.022%$178K250xas long as short
QFEX COPPER-USD+0.0003%1h6.8120+0.021%$1.5M$130K20xas long as short
edgeX COPPERUSDC+0.0008%4h6.8177+0.105%$94K$318K20xas long as short
tradeXYZ xyz:COPPER+0.0024%1h6.8070−0.053%$10.6M$5.0M20xas long as short
Extended XCU-USD+0.0032%1h6.8101−0.007%$273K$2.4M20xas long as short
Vest HG-PERP+0.0046%1h6.8094−0.017%$82K25xas long as short
Phoenix COPPER+0.0047%1h6.8118+0.018%$45K$22K20xas long as short
Paradex XCU-USD-PERPlong+0.0050%8h6.8106long leg$1K$2K5x
SoDEX COPPER-USDshort+0.0050%1h6.8084−0.032%$902$3K20x
Ondo Perps COPPER-USD.P+0.0050%1h6.8207+0.149%$57K$55K15xas long as short
Lighter XCU+0.0064%1h6.8223+0.172%$477K$41K20xas long as short
Pacifica COPPER+0.0100%1h6.8112+0.010%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8110+0.006%$278K$37K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8190+0.124%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8112+0.009%$31110xas long as short
Kraken Futures PF_XCUUSD+0.0108%1h6.8140+0.051%$34K$176K20xas long as short