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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Ondo Perps against SoDEX+0.106%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: 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: Ondo Perps is 0.106% dearer against SoDEX than usual: you sell high and buy low, +$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX COPPER-USD6.82060.0050pay 0.0006% / 1h17m 39s$4K$5K20x
ShortOndo Perps COPPER-USD.P6.82780.0050get 0.0006% / 1h17m 39s$57K$55K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against SoDEX. 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
$0.08
Price spread: +0.106% → 0.000%
$10.56
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$2.36
Costs to cover
0.130%
Break-even
203.6 days
Slippage unknown: SoDEX: no order-book sample; Ondo Perps: 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 SoDEX no order-book sample
Sell Ondo Perps no order-book sample
SoDEX and Ondo Perps: 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
Aster XCUUSDT0.0000%4h6.8209+0.005%$32K$28K50xas long as short
Binance COPPERUSDT0.0000%4h6.8212+0.009%$9.0M$33.8M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8157−0.072%$494K$984K50xas long as short
Gate XCU_USDT0.0000%8h6.8070−0.199%$1.3M$528K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8220+0.021%$26.6M$5.2M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8180−0.038%$2.9M$1.7M100xas long as short
Variational Omni COPPER0.0000%4h6.8243+0.054%$770K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8270+0.094%$86K$2.4M25xas long as short
SunX COPPER-USDT0.0000%4h6.8250+0.065%$6.1M20xas long as short
HTX COPPER-USDT0.0000%4h6.8270+0.094%$61K$24K75xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex COPPERUSDT0.0000%4h6.8150−0.082%$4.2M$83K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8209+0.004%$178K250xas long as short
edgeX COPPERUSDC+0.0014%4h6.8265+0.086%$95K$319K20xas long as short
QFEX COPPER-USD+0.0017%1h6.8190−0.023%$1.5M$134K20xas long as short
Vest HG-PERP+0.0046%1h6.8212+0.009%$82K25xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.8180−0.038%$10.6M$5.0M20xas long as short
SoDEX COPPER-USDlong+0.0050%1h6.8206long leg$4K$5K20x
Paradex XCU-USD-PERP+0.0050%8h6.8191−0.022%$2K$1K5xas long as short
Ondo Perps COPPER-USD.Pshort+0.0050%1h6.8278+0.106%$57K$55K15x
BloFin COPPER-USDT+0.0056%4h6.8250+0.065%$88K$148K100xas long as short
Extended XCU-USD+0.0096%1h6.8166−0.059%$274K$2.0M20xas long as short
Pacifica COPPER+0.0100%1h6.8191−0.023%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8200−0.009%$278K$36K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8310+0.152%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8244+0.056%$31210xas long as short
Phoenix COPPER+0.0106%1h6.8220+0.021%$45K$22K20xas long as short
Lighter XCU+0.0176%1h6.8319+0.166%$478K$27K20xas long as short
Kraken Futures PF_XCUUSD+0.0358%1h6.8215+0.013%$34K$178K20xas long as short