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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.4% APRpaid last 24h −0.009%
Price spread now: Paradex against SunX+0.018%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: 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: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX COPPER-USDT6.78800get 0.0000% / 4h2h 09m$7.9M20x
ShortParadex XCU-USD-PERP6.78920.0050get 0.0050% / 8h2h 09m$1K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$10.42
Price spread: +0.018% → 0.000%
$1.78
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
$0.2
Costs to cover
0.120%
Break-even
6.9 days
Slippage unknown: SunX: live order book, 9 min ago; Paradex: 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, 9 min ago47.16 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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 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
SoDEX COPPER-USD−0.0119%1h6.7843−0.055%$898$3K20xas long as short
tradeXYZ xyz:COPPER−0.0076%1h6.7844−0.053%$10.4M$6.0M20xas long as short
edgeX COPPERUSDC−0.0008%4h6.7885+0.008%$93K$319K20xas long as short
Aster XCUUSDT0.0000%4h6.7898+0.026%$32K$52K50xas long as short
Binance COPPERUSDT0.0000%4h6.7890+0.015%$8.9M$35.2M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.7810−0.103%$469K$1.2M50xas long as short
Gate XCU_USDT0.0000%8h6.7810−0.103%$1.3M$522K100xas long as short
MEXC COPPER_USDT0.0000%4h6.78800.000%$27.1M$5.1M100xas long as short
Variational Omni COPPER0.0000%4h6.7884+0.006%$752K$1.6Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.7880−0.001%$91K$2.3M25xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX COPPER-USDTlong0.0000%4h6.7880long leg$7.9M20x
HTX COPPER-USDT0.0000%4h6.7900+0.029%$60K$28K75xas long as short
Phemex COPPERUSDT0.0000%4h6.78800.000%$4.2M$82K100xas long as short
Bitget COPPERUSDT+0.0018%4h6.7890+0.015%$1.6M$1.1M100xas long as short
BloFin COPPER-USDT+0.0019%4h6.7900+0.029%$87K$150K100xas long as short
Lighter XCU+0.0032%1h6.8007+0.187%$476K$47K20xas long as short
Extended XCU-USD+0.0032%1h6.7885+0.007%$234K$2.9M20xas long as short
Vest HG-PERP+0.0046%1h6.7905+0.037%$82K25xas long as short
Paradex XCU-USD-PERPshort+0.0050%8h6.7892+0.018%$1K$3K5x
Ondo Perps COPPER-USD.P+0.0050%1h6.7898+0.027%$56K$33K15xas long as short
QFEX COPPER-USD+0.0053%1h6.7850−0.044%$1.5M$138K20xas long as short
Pacifica COPPER+0.0100%1h6.7889+0.013%$23K$16K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.7830−0.074%$257K$25K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.7940+0.088%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.7881+0.002%$31010xas long as short
Phoenix COPPER+0.0329%1h6.7909+0.043%$45K$30K20xas long as short
Kraken Futures PF_XCUUSD+0.0953%1h6.7822−0.085%$26K$177K20xas long as short