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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.027%
Price spread now: Bitget against SunX+0.015%7-day average +0.016% · 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 7 days−0.207%−$21 on $10k
Price spread, last 3 days (all we have)−0.052%−$5 · spread now +0.015%, 7d avg +0.016%
Together, before fees−0.259%−$26 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX COPPER-USDT6.79400get 0.0000% / 4h1h 52m$7.8M20x
ShortBitget COPPERUSDT6.79500get 0.0000% / 4h1h 52m$1.7M$1.0M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.015% → +0.016%
−$0.15
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$20.15
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 6 min ago; Bitget: live order book, 4 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, 6 min ago46.40 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago1.47 bp12.9 bp −$1333.8 bp −$33899.4 bp −$9,937doesn't fit

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
tradeXYZ xyz:COPPER−0.0125%1h6.7902−0.056%$10.4M$5.8M20xas long as short
BloFin COPPER-USDT−0.0027%4h6.7920−0.029%$87K$149K100xas long as short
edgeX COPPERUSDC−0.0020%4h6.7899−0.060%$93K$317K20xas long as short
QFEX COPPER-USD−0.0015%1h6.7920−0.029%$1.5M$135K20xas long as short
Aster XCUUSDT0.0000%4h6.7916−0.036%$32K$52K50xas long as short
Binance COPPERUSDT0.0000%4h6.7950+0.015%$8.9M$34.7M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.7843−0.143%$466K$1.2M50xas long as short
Gate XCU_USDT0.0000%8h6.7800−0.206%$1.3M$499K100xas long as short
MEXC COPPER_USDT0.0000%4h6.79400.000%$27.1M$5.1M100xas long as short
Bitget COPPERUSDTshort0.0000%4h6.7950+0.015%$1.7M$1.0M100x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni COPPER0.0000%4h6.7899−0.060%$751K$1.6Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.7911−0.043%$91K$2.2M25xas long as short
SunX COPPER-USDTlong0.0000%4h6.7940long leg$7.8M20x
HTX COPPER-USDT0.0000%4h6.7930−0.015%$60K$28K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7930−0.015%$4.2M$82K100xas long as short
Lighter XCU+0.0032%1h6.7975+0.052%$476K$45K20xas long as short
Extended XCU-USD+0.0032%1h6.7908−0.046%$229K$2.9M20xas long as short
Vest HG-PERP+0.0046%1h6.7916−0.035%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.7919−0.030%$1K$3K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.7895−0.066%$899$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.7930−0.015%$56K$32K15xas long as short
Kraken Futures PF_XCUUSD+0.0060%1h6.7923−0.026%$26K$176K20xas long as short
Pacifica COPPER+0.0100%1h6.7927−0.019%$23K$16K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.7920−0.029%$258K$25K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.7970+0.044%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.7915−0.036%$31010xas long as short
Phoenix COPPER+0.0329%1h6.7891−0.072%$45K$30K20xas long as short