Funding you earn now, next payment 11:00 UTC+0.0039%/8h= +4.3% APRpaid last 24h +0.013%
Price spread now: Paradex against QFEX−0.010%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
=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 | QFEX COPPER-USD | 6.8480 | 0.0011 | pay 0.0001% / 1h | 53m 28s | $1.5M | $150K | 20x |
| Short | Paradex XCU-USD-PERP | 6.8473 | 0.0050 | get 0.0050% / 8h | 5h 53m | $2K | $825 | 5x |
QFEX COPPER-USD
Paradex XCU-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against QFEX. 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
- $8.27
- Price spread: −0.010% → 0.000%
- −$1.02
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$6.75
- Costs to cover
- 0.140%
- Break-even
- 12.7 days
Slippage unknown: QFEX: live order book, 1 min ago; Paradex: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy QFEX live order book, 1 min ago | 2.19 bp | 10.1 bp −$10 | 11.8 bp −$118 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
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 28 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin XCU-USDT | −0.0022% | 8h | 6.8470 | −0.015% | $48K | $302K | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8502 | +0.033% | $35K | $31K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8512 | +0.047% | $9.0M | $32.0M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8453 | −0.039% | $509K | $813K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.8310 | −0.248% | $1.3M | $181K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8500 | +0.029% | $26.3M | $5.5M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8480 | 0.000% | $3.3M | $1.8M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8508 | +0.040% | $775K | $538K | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8550 | +0.102% | $92K | $2.3M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.8510 | +0.044% | — | $4.8M | 20x | as long as short |
BloFin XCU-USDT
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Bitget COPPERUSDT
Variational Omni COPPER
GRVT COPPER_USDT_Perp
SunX COPPER-USDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX COPPER-USDT | 0.0000% | 4h | 6.8520 | +0.058% | $61K | $71K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8390 | −0.131% | $4.2M | $82K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.8456 | −0.036% | $179K | — | 250x | as long as short |
| edgeX COPPERUSDC | +0.0010% | 4h | 6.8498 | +0.027% | $95K | $319K | 20x | as long as short |
| QFEX COPPER-USDlong | +0.0011% | 1h | 6.8480 | long leg | $1.5M | $150K | 20x | |
| Extended XCU-USD | +0.0032% | 1h | 6.8468 | −0.017% | $274K | $1.7M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8467 | −0.019% | — | $36K | 25x | as long as short |
| Lighter XCU | +0.0048% | 1h | 6.8581 | +0.147% | $480K | $25K | 20x | as long as short |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.8471 | −0.013% | $10.8M | $3.8M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8465 | −0.022% | $907 | $6K | 20x | as long as short |
| Paradex XCU-USD-PERPshort | +0.0050% | 8h | 6.8473 | −0.010% | $2K | $825 | 5x | |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8476 | −0.006% | $59K | $52K | 15x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8476 | −0.006% | $24K | $13K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8490 | +0.015% | $267K | $39K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8550 | +0.102% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8492 | +0.017% | $313 | — | 10x | as long as short |
| Phoenix COPPER | +0.0117% | 1h | 6.8491 | +0.016% | $44K | $18K | 20x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0336% | 1h | 6.8487 | +0.010% | $34K | $180K | 20x | as long as short |
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
edgeX COPPERUSDC
Extended XCU-USD
Vest HG-PERP
Lighter XCU
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Ondo Perps COPPER-USD.P
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Phoenix COPPER
Kraken Futures PF_XCUUSD