Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.044%
Price spread now: Extended against SunX+0.008%7-day average +0.054% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.115%+$11 on $10k
+Price spread, last 4 days (all we have)+0.057%+$6 · spread now +0.008%, 7d avg +0.054%
=Together, before fees+0.172%+ Points / potential airdropExtended: Active · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.046% cheaper against SunX than usual: you would sell low and buy high (spread +0.008% now, against its 7-day average of +0.054%). If the spread goes back, that is −$5 on $10k: about 4.8 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX COPPER-USDT | 6.8220 | 0 | get 0.0000% / 4h | 3h 57m | — | $6.6M | 20x |
| Short | Extended XCU-USD | 6.8226 | 0.0032 | get 0.0004% / 1h | 57m 01s | $266K | $2.7M | 20x |
SunX COPPER-USDT
Extended XCU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against SunX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6.72
- Price spread: +0.008% → +0.054%
- −$4.58
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$10.86
- Costs to cover
- 0.130%
- Break-even
- 18.3 days
Slippage unknown: SunX: live order book, 12 min ago; Extended: live order book, 2 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, 12 min ago | 46.19 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 2 min ago | 1.10 bp | 4.5 bp −$5 | 57.0 bp −$570 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XCUUSD | −0.0404% | 1h | 6.8192 | −0.041% | $34K | $176K | 20x | as long as short |
| tradeXYZ xyz:COPPER | −0.0134% | 1h | 6.8198 | −0.032% | $10.5M | $4.8M | 20x | as long as short |
| QFEX COPPER-USD | −0.0003% | 1h | 6.8230 | +0.015% | $1.5M | $129K | 20x | as long as short |
| BloFin COPPER-USDT | 0.0000% | 4h | 6.8220 | 0.000% | $88K | $143K | 100x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8259 | +0.057% | $32K | $27K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8220 | 0.000% | $9.0M | $32.9M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8231 | +0.016% | $480K | $959K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.8020 | −0.293% | $1.3M | $495K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8220 | 0.000% | $26.0M | $4.2M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8220 | 0.000% | $2.5M | $1.7M | 100x | as long as short |
Kraken Futures PF_XCUUSD
tradeXYZ xyz:COPPER
QFEX COPPER-USD
BloFin COPPER-USDT
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Bitget COPPERUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni COPPER | 0.0000% | 4h | 6.8213 | −0.010% | $743K | $1.4M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8244 | +0.034% | $96K | $2.1M | 25x | as long as short |
| SunX COPPER-USDTlong | 0.0000% | 4h | 6.8220 | long leg | — | $6.6M | 20x | |
| HTX COPPER-USDT | 0.0000% | 4h | 6.8250 | +0.044% | $61K | $24K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8170 | −0.073% | $4.2M | $77K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.8232 | +0.018% | $178K | — | 250x | as long as short |
| edgeX COPPERUSDC | +0.0016% | 4h | 6.8230 | +0.014% | $95K | $317K | 20x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.8325 | +0.154% | $477K | $40K | 20x | as long as short |
| Extended XCU-USDshort | +0.0032% | 1h | 6.8226 | +0.008% | $266K | $2.7M | 20x | |
| Vest HG-PERP | +0.0046% | 1h | 6.8235 | +0.022% | — | $82K | 25x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8216 | −0.006% | $2K | $2K | 5x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8207 | −0.019% | $903 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8183 | −0.054% | $57K | $55K | 15x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8242 | +0.033% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8180 | −0.059% | $290K | $32K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8280 | +0.088% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8209 | −0.016% | $312 | — | 10x | as long as short |
| Phoenix COPPER | +0.0164% | 1h | 6.8255 | +0.051% | $45K | $23K | 20x | as long as short |
Variational Omni COPPER
GRVT COPPER_USDT_Perp
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
edgeX COPPERUSDC
Lighter XCU
Vest HG-PERP
Paradex XCU-USD-PERP
SoDEX COPPER-USD
Ondo Perps COPPER-USD.P
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Phoenix COPPER