Funding you earn now, next payment 04:00 UTC+0.0291%/8h= +31.9% APRpaid last 24h −0.106%
Price spread now: Kraken Futures against SunX−0.035%7-day average −0.034% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−3.937%−$394 on $10k
+Price spread, last 4 days (all we have)+0.048%+$5 · spread now −0.035%, 7d avg −0.034%
=The price spread sits at its 7-day average of −0.034%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −3.937%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX COPPER-USDT | 6.8190 | 0 | get 0.0000% / 4h | 21m 41s | — | $6.6M | 20x |
| Short | Kraken Futures PF_XCUUSD | 6.8166 | 0.0291 | get 0.0036% / 1h | 21m 41s | $34K | $176K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $61.09
- Price spread: −0.035% → −0.034%
- −$0.02
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $43.07
- Costs to cover
- 0.180%
- Break-even
- 2.1 days
Slippage unknown: SunX: live order book, 7 min ago; Kraken Futures: live order book, 36 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, 7 min ago | 46.21 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 36 min ago | 4.32 bp | 22.2 bp −$22 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin COPPER-USDT | −0.0003% | 4h | 6.8200 | +0.015% | $88K | $144K | 100x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8238 | +0.071% | $32K | $27K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8207 | +0.024% | $9.0M | $32.8M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8198 | +0.012% | $480K | $962K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.8080 | −0.161% | $1.3M | $495K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8200 | +0.015% | $26.0M | $4.3M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8190 | 0.000% | $2.5M | $1.7M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8142 | −0.070% | $742K | $1.4M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8186 | −0.005% | $96K | $2.1M | 25x | as long as short |
| SunX COPPER-USDTlong | 0.0000% | 4h | 6.8190 | long leg | — | $6.6M | 20x |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX COPPER-USDT | 0.0000% | 4h | 6.8230 | +0.059% | $61K | $24K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8150 | −0.059% | $4.2M | $76K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.8209 | +0.028% | $178K | — | 250x | as long as short |
| QFEX COPPER-USD | +0.0009% | 1h | 6.8200 | +0.015% | $1.5M | $129K | 20x | as long as short |
| edgeX COPPERUSDC | +0.0011% | 4h | 6.8151 | −0.057% | $94K | $317K | 20x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.8296 | +0.155% | $477K | $40K | 20x | as long as short |
| tradeXYZ xyz:COPPER | +0.0032% | 1h | 6.8173 | −0.025% | $10.5M | $4.8M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8208 | +0.026% | — | $82K | 25x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8201 | +0.016% | $2K | $2K | 5x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8177 | −0.019% | $903 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8214 | +0.035% | $57K | $55K | 15x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8225 | +0.051% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8190 | 0.000% | $290K | $32K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8240 | +0.073% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8182 | −0.012% | $312 | — | 10x | as long as short |
| Phoenix COPPER | +0.0164% | 1h | 6.8187 | −0.004% | $45K | $23K | 20x | as long as short |
| Kraken Futures PF_XCUUSDshort | +0.0291% | 1h | 6.8166 | −0.035% | $34K | $176K | 20x | |
| Extended XCU-USD | +0.0312% | 1h | 6.8219 | +0.042% | $263K | $2.7M | 20x | as long as short |
SunX COPPER-USDT
Kraken Futures PF_XCUUSD
BloFin COPPER-USDT
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Bitget COPPERUSDT
Variational Omni COPPER
GRVT COPPER_USDT_Perp
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
edgeX COPPERUSDC
Lighter XCU
tradeXYZ xyz:COPPER
Paradex XCU-USD-PERP
SoDEX COPPER-USD
Pacifica COPPER
KuCoin COPPERUSDTM
Phoenix COPPER
Extended XCU-USD