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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.054%
Price spread now: Binance against SunX−0.002%56s7-day average −0.004% · you buy dearer than you sell
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 7 days−0.241%−$24 on $10k
Price spread, last 4 days (all we have)−0.110%−$11 · spread now −0.002%, 7d avg −0.004%
Together, before fees−0.350%−$35 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX COPPER-USDT6.83000get 0.0000% / 4h47m 25s$6.7M20x
ShortBinance COPPERUSDT6.82990get 0.0000% / 4h47m 25s$9.0M$32.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$0
Price spread: −0.002% → −0.004%
$0.17
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$17.83
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 12 min ago; Binance: live order book, 9 min ago. 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, 12 min ago46.09 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 9 min ago0.73 bp6.9 bp −$711.1 bp −$11175.9 bp −$7,591doesn't fit

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%4h6.8298−0.003%$32K$27K50xas long as short
Binance COPPERUSDTshort0.0000%4h6.8299−0.002%$9.0M$32.5M100x
OKX XCU-USDT-SWAP0.0000%8h6.8288−0.018%$472K$951K50xas long as short
Gate XCU_USDT0.0000%8h6.8110−0.278%$1.3M$494K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8290−0.015%$26.0M$4.2M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8310+0.015%$1.7M$987K100xas long as short
Variational Omni COPPER0.0000%4h6.8313+0.019%$743K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8330+0.044%$93K$2.1M25xas long as short
SunX COPPER-USDTlong0.0000%4h6.8300long leg$6.7M20x
HTX COPPER-USDT0.0000%4h6.8350+0.073%$61K$24K75xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex COPPERUSDT0.0000%4h6.8150−0.220%$4.2M$76K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8261−0.058%$178K250xas long as short
QFEX COPPER-USD+0.0009%1h6.8290−0.015%$1.5M$129K20xas long as short
edgeX COPPERUSDC+0.0012%4h6.8302+0.003%$95K$319K20xas long as short
Lighter XCU+0.0032%1h6.8393+0.136%$477K$40K20xas long as short
BloFin COPPER-USDT+0.0037%4h6.8330+0.044%$88K$144K100xas long as short
Vest HG-PERP+0.0046%1h6.8267−0.048%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8277−0.034%$2K$2K5xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.8260−0.059%$10.5M$4.8M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.8273−0.040%$904$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8270−0.044%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.8294−0.008%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8290−0.015%$258K$21K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8350+0.073%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8280−0.030%$31210xas long as short
Phoenix COPPER+0.0164%1h6.8322+0.032%$45K$23K20xas long as short
Kraken Futures PF_XCUUSD+0.0291%1h6.8243−0.084%$35K$179K20xas long as short
Extended XCU-USD+0.0800%1h6.8269−0.046%$221K$2.7M20xas long as short