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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.007%
Price spread now: Ondo Perps against SunX+0.009%7-day average · 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+0.053%+$5 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX COPPER-USDT6.83000get 0.0000% / 4h3h 02m$6.6M20x
ShortOndo Perps COPPER-USD.P6.83060.0050get 0.0006% / 1h2m 03s$57K$55K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$10.58
Price spread: +0.009% → 0.000%
$0.88
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$1.54
Costs to cover
0.130%
Break-even
8.0 days
Slippage unknown: SunX: live order book, 7 min ago; Ondo Perps: no order-book sample. 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, 7 min ago46.14 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Kraken Futures PF_XCUUSD−0.0403%1h6.8281−0.028%$35K$176K20xas long as short
tradeXYZ xyz:COPPER−0.0046%1h6.8284−0.023%$10.6M$4.9M20xas long as short
QFEX COPPER-USD−0.0003%1h6.8280−0.029%$1.5M$129K20xas long as short
Aster XCUUSDT0.0000%4h6.8287−0.019%$32K$27K50xas long as short
Binance COPPERUSDT0.0000%4h6.8290−0.015%$9.1M$33.0M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8271−0.042%$490K$970K50xas long as short
Gate XCU_USDT0.0000%8h6.8210−0.132%$1.3M$505K100xas long as short
MEXC COPPER_USDT0.0000%4h6.83000.000%$26.5M$4.6M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8290−0.015%$2.5M$1.7M100xas long as short
Variational Omni COPPER0.0000%4h6.8283−0.025%$740K$1.4Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COPPER_USDT_Perp0.0000%4h6.83000.000%$87K$2.2M25xas long as short
SunX COPPER-USDTlong0.0000%4h6.8300long leg$6.6M20x
HTX COPPER-USDT0.0000%4h6.8320+0.029%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8170−0.190%$4.2M$78K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8295−0.007%$178K250xas long as short
BloFin COPPER-USDT+0.0002%4h6.83000.000%$88K$136K100xas long as short
edgeX COPPERUSDC+0.0016%4h6.8283−0.025%$95K$319K20xas long as short
Lighter XCU+0.0032%1h6.8405+0.154%$478K$40K20xas long as short
Extended XCU-USD+0.0032%1h6.8296−0.005%$264K$2.5M20xas long as short
Vest HG-PERP+0.0046%1h6.8296−0.006%$82K25xas long as short
Phoenix COPPER+0.0047%1h6.83000.000%$45K$23K20xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8280−0.029%$2K$2K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.8279−0.031%$904$3K20xas long as short
Ondo Perps COPPER-USD.Pshort+0.0050%1h6.8306+0.009%$57K$55K15x
Pacifica COPPER+0.0100%1h6.8303+0.004%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8250−0.073%$278K$35K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8350+0.073%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8289−0.016%$31210xas long as short