COPPER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.16 per $10,000 · paid last 24h −0.050%

Price spread now: BloFin against SunX0.000%55s7-day average +0.010% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.223%−$22 on $10k

Price spread, last 4 days (all we have)−0.030%−$3 · spread now 0.000%, 7d avg +0.010%

Together, before fees−0.252%−$25 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.223%, so the current rate has only just turned in your favour. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX COPPER-USDT	6.8320	0	get 0.0000% / 4h	43m 45s	—	$6.7M	20x
Short	BloFin COPPER-USDT	6.8320	0.0031	get 0.0016% / 4h	43m 45s	$88K	$144K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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

Position, each leg$Hold fordaysFee SunXbpFee BloFinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $6.6
Price spread: 0.000% → +0.010%: −$1.05
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$14.44
Costs to cover: 0.200%
Break-even: 22.3 days

Slippage unknown: SunX: live order book, 5 min ago; BloFin: live order book, 53 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 5 min ago	46.11 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 53 min ago	0.73 bp	9.7 bp −$10	11.7 bp −$117	40.3 bp −$4,032	doesn't fit

COPPER on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XCUUSDT	0.0000%	4h	6.8347	+0.040%	$32K	$27K	50x	as long as short
Binance COPPERUSDT	0.0000%	4h	6.8343	+0.033%	$9.0M	$32.5M	100x	as long as short
OKX XCU-USDT-SWAP	0.0000%	8h	6.8305	−0.022%	$472K	$951K	50x	as long as short
Gate XCU_USDT	0.0000%	8h	6.8130	−0.278%	$1.3M	$495K	100x	as long as short
MEXC COPPER_USDT	0.0000%	4h	6.8330	+0.015%	$26.0M	$4.2M	100x	as long as short
Bitget COPPERUSDT	0.0000%	4h	6.8330	+0.015%	$1.7M	$988K	100x	as long as short
Variational Omni COPPER	0.0000%	4h	6.8303	−0.025%	$743K	$1.4M	—	as long as short
GRVT COPPER_USDT_Perp	0.0000%	4h	6.8330	+0.015%	$93K	$2.1M	25x	as long as short
SunX COPPER-USDTlong	0.0000%	4h	6.8320	long leg	—	$6.7M	20x
HTX COPPER-USDT	0.0000%	4h	6.8330	+0.015%	$61K	$24K	75x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex COPPERUSDT	0.0000%	4h	6.8150	−0.249%	$4.2M	$76K	100x	as long as short
gTrade (Gains Network) HG/USD	L +0.0002% / S −0.0001%	1h	6.8307	−0.020%	$178K	—	250x	as long as short
edgeX COPPERUSDC	+0.0006%	4h	6.8292	−0.042%	$95K	$320K	20x	as long as short
QFEX COPPER-USD	+0.0009%	1h	6.8300	−0.029%	$1.5M	$129K	20x	as long as short
BloFin COPPER-USDTshort	+0.0031%	4h	6.8320	0.000%	$88K	$144K	100x
Lighter XCU	+0.0032%	1h	6.8445	+0.183%	$478K	$40K	20x	as long as short
Vest HG-PERP	+0.0046%	1h	6.8297	−0.034%	—	$82K	25x	as long as short
Paradex XCU-USD-PERP	+0.0050%	8h	6.8302	−0.026%	$2K	$2K	5x	as long as short
tradeXYZ xyz:COPPER	+0.0050%	1h	6.8305	−0.022%	$10.5M	$4.8M	20x	as long as short
SoDEX COPPER-USD	+0.0050%	1h	6.8312	−0.012%	$905	$3K	20x	as long as short
Ondo Perps COPPER-USD.P	+0.0050%	1h	6.8336	+0.023%	$57K	$55K	15x	as long as short
Pacifica COPPER	+0.0100%	1h	6.8319	−0.002%	$23K	$14K	10x	as long as short
KuCoin COPPERUSDTM	+0.0100%	4h	6.8290	−0.044%	$258K	$21K	50x	as long as short
Orderly PERP_COPPER_USDC_mythos	+0.0100%	8h	6.8390	+0.102%	$3K	—	10x	as long as short
Aevo COPPER-PERP	+0.0104%	1h	6.8318	−0.003%	$312	—	10x	as long as short
Phoenix COPPER	+0.0164%	1h	6.8322	+0.003%	$45K	$23K	20x	as long as short
Kraken Futures PF_XCUUSD	+0.0290%	1h	6.8299	−0.031%	$35K	$176K	20x	as long as short
Extended XCU-USD	+0.0792%	1h	6.8324	+0.006%	$220K	$2.7M	20x	as long as short