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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: Paradex against SoDEX+0.025%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 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: Paradex is 0.025% dearer against SoDEX than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX COPPER-USD6.81520.0050pay 0.0006% / 1h29m 38s$902$3K20x
ShortParadex XCU-USD-PERP6.81690.0050get 0.0050% / 8h5h 29m$1K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
Price spread: +0.025% → 0.000%
$2.5
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$9.5
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX no order-book sample
Sell Paradex no order-book sample
SoDEX and 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 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−0.0057%4h6.8180+0.041%$88K$143K100xas long as short
QFEX COPPER-USD0.0000%1h6.8170+0.026%$1.5M$129K20xas long as short
Aster XCUUSDT0.0000%4h6.8193+0.060%$32K$21K50xas long as short
Binance COPPERUSDT0.0000%4h6.8190+0.056%$9.0M$32.4M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8150−0.003%$470K$944K50xas long as short
Gate XCU_USDT0.0000%8h6.8010−0.208%$1.3M$491K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8190+0.056%$26.0M$4.2M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8210+0.085%$1.7M$994K100xas long as short
Variational Omni COPPER0.0000%4h6.8181+0.043%$742K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8191+0.058%$87K$2.0M25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX COPPER-USDT0.0000%4h6.8200+0.070%$6.7M20xas long as short
HTX COPPER-USDT0.0000%4h6.8230+0.114%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8050−0.150%$4.2M$75K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8160+0.012%$178K250xas long as short
Phoenix COPPER+0.0012%1h6.8180+0.041%$45K$23K20xas long as short
edgeX COPPERUSDC+0.0012%4h6.8169+0.026%$94K$319K20xas long as short
Vest HG-PERP+0.0046%1h6.8157+0.007%$82K25xas long as short
Paradex XCU-USD-PERPshort+0.0050%8h6.8169+0.025%$1K$2K5x
tradeXYZ xyz:COPPER+0.0050%1h6.8159+0.010%$10.5M$4.8M20xas long as short
SoDEX COPPER-USDlong+0.0050%1h6.8152long leg$902$3K20x
Ondo Perps COPPER-USD.P+0.0050%1h6.8138−0.021%$57K$55K15xas long as short
Lighter XCU+0.0072%1h6.8278+0.185%$478K$39K20xas long as short
Pacifica COPPER+0.0100%1h6.8159+0.010%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8170+0.026%$258K$21K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8250+0.144%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8172+0.030%$31210xas long as short
Kraken Futures PF_XCUUSD+0.0195%1h6.8183+0.046%$32K$176K20xas long as short
Extended XCU-USD+0.0672%1h6.8148−0.006%$223K$2.8M20xas long as short