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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.026%
Price spread now: Aevo against SunX+0.006%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX COPPER-USDT6.79700get 0.0000% / 4h2h 25m$6.8M20x
ShortAevo COPPER-PERP6.79740.0104get 0.0013% / 1h25m 12s$31110x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against SunX. 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
$21.84
Price spread: +0.006% → 0.000%
$0.65
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$1.51
Costs to cover
0.240%
Break-even
7.5 days
Slippage unknown: SunX: live order book, 4 min ago; Aevo: 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 SunX live order book, 4 min ago46.34 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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 27 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
Kraken Futures PF_XCUUSD−0.1015%1h6.7930−0.059%$32K$176K20xas long as short
tradeXYZ xyz:COPPER−0.0136%1h6.7929−0.060%$10.4M$4.8M20xas long as short
Aster XCUUSDT0.0000%4h6.8006+0.052%$32K$35K50xas long as short
Binance COPPERUSDT0.0000%4h6.79700.000%$9.0M$32.1M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.7964−0.009%$472K$927K50xas long as short
Gate XCU_USDT0.0000%8h6.7850−0.177%$1.3M$478K100xas long as short
MEXC COPPER_USDT0.0000%4h6.7960−0.015%$26.0M$5.0M100xas long as short
Bitget COPPERUSDT0.0000%4h6.7980+0.015%$1.7M$1.0M100xas long as short
Variational Omni COPPER0.0000%4h6.7964−0.009%$741K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.7990+0.030%$88K$2.0M25xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX COPPER-USDTlong0.0000%4h6.7970long leg$6.8M20x
HTX COPPER-USDT0.0000%4h6.7990+0.029%$61K$26K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7910−0.088%$4.2M$74K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.7976+0.009%$176K250xas long as short
QFEX COPPER-USD+0.0006%1h6.79700.000%$1.5M$129K20xas long as short
edgeX COPPERUSDC+0.0013%4h6.7956−0.021%$94K$317K20xas long as short
Lighter XCU+0.0032%1h6.8076+0.156%$476K$39K20xas long as short
Phoenix COPPER+0.0035%1h6.7965−0.007%$45K$30K20xas long as short
Vest HG-PERP+0.0046%1h6.7971+0.001%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.7975+0.007%$1K$2K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.7958−0.018%$900$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.7917−0.078%$56K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.7963−0.010%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8010+0.059%$258K$23K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8050+0.118%$3K10xas long as short
Aevo COPPER-PERPshort+0.0104%1h6.7974+0.006%$31110x
Extended XCU-USD+0.0376%1h6.7986+0.023%$231K$2.9M20xas long as short