COPPER

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h −0.001%

Price spread now: SunX against QFEX+0.015%7-day average +0.007% · 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)+0.019%+$2 on $10k

Price spread, last 4 days (all we have)+0.075%+$7 · spread now +0.015%, 7d avg +0.007%

Together, before fees+0.093%+$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.007%, 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	6.8350	0.0018	pay 0.0002% / 1h	59m 37s	$1.5M	$144K	20x
Short	SunX COPPER-USDT	6.8360	0	get 0.0000% / 4h	2h 59m	—	$5.5M	20x

Funding history

latest

Range statsloading…

SunX against QFEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee QFEXbpFee SunXbpOrdersPrice spread, now +0.015%Rate

Slippage unknown: QFEX: live order book, 2 min ago; SunX: live order book, 9 min ago. Net counts fees only.

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, 2 min ago	2.19 bp	8.7 bp −$9	13.3 bp −$133	doesn't fit	doesn't fit
Sell SunX live order book, 9 min ago	46.04 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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 COPPER-USDT	−0.0028%	4h	6.8350	0.000%	$88K	$152K	100x	as long as short
Aster XCUUSDT	0.0000%	4h	6.8361	+0.017%	$33K	$28K	50x	as long as short
Binance COPPERUSDT	0.0000%	4h	6.8355	+0.007%	$9.0M	$33.3M	100x	as long as short
OKX XCU-USDT-SWAP	0.0000%	8h	6.8282	−0.099%	$499K	$983K	50x	as long as short
Gate XCU_USDT	0.0000%	8h	6.8180	−0.249%	$1.3M	$513K	100x	as long as short
MEXC COPPER_USDT	0.0000%	4h	6.8350	0.000%	$26.0M	$5.5M	100x	as long as short
Bitget COPPERUSDT	0.0000%	4h	6.8330	−0.029%	$2.9M	$1.6M	100x	as long as short
Variational Omni COPPER	0.0000%	4h	6.8322	−0.040%	$765K	$1.3M	—	as long as short
GRVT COPPER_USDT_Perp	0.0000%	4h	6.8400	+0.073%	$91K	$2.4M	25x	as long as short
SunX COPPER-USDTshort	0.0000%	4h	6.8360	+0.015%	—	$5.5M	20x

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX COPPER-USDT	0.0000%	4h	6.8390	+0.059%	$61K	$54K	75x	as long as short
Phemex COPPERUSDT	0.0000%	4h	6.8230	−0.176%	$4.2M	$82K	100x	as long as short
gTrade (Gains Network) HG/USD	L +0.0002% / S −0.0001%	1h	6.8323	−0.040%	$178K	—	250x	as long as short
tradeXYZ xyz:COPPER	+0.0007%	1h	6.8305	−0.066%	$10.8M	$4.1M	20x	as long as short
edgeX COPPERUSDC	+0.0013%	4h	6.8394	+0.064%	$95K	$320K	20x	as long as short
QFEX COPPER-USDlong	+0.0018%	1h	6.8350	long leg	$1.5M	$144K	20x
Extended XCU-USD	+0.0032%	1h	6.8339	−0.015%	$273K	$1.7M	20x	as long as short
Vest HG-PERP	+0.0046%	1h	6.8316	−0.050%	—	$36K	25x	as long as short
SoDEX COPPER-USD	+0.0050%	1h	6.8314	−0.053%	$905	$6K	20x	as long as short
Ondo Perps COPPER-USD.P	+0.0050%	1h	6.8392	+0.061%	$57K	$53K	15x	as long as short
Paradex XCU-USD-PERP	+0.0050%	8h	6.8335	−0.022%	$2K	$1K	5x	as long as short
Kraken Futures PF_XCUUSD	+0.0076%	1h	6.8355	+0.008%	$34K	$178K	20x	as long as short
Pacifica COPPER	+0.0100%	1h	6.8330	−0.029%	$23K	$14K	10x	as long as short
KuCoin COPPERUSDTM	+0.0100%	4h	6.8350	0.000%	$266K	$39K	50x	as long as short
Orderly PERP_COPPER_USDC_mythos	+0.0100%	8h	6.8400	+0.073%	$3K	—	10x	as long as short
Aevo COPPER-PERP	+0.0104%	1h	6.8349	−0.002%	$312	—	10x	as long as short
Phoenix COPPER	+0.0129%	1h	6.8360	+0.015%	$45K	$22K	20x	as long as short
Lighter XCU	+0.0144%	1h	6.8463	+0.165%	$479K	$23K	20x	as long as short