Funding you earn now, next payment 00:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.087%
Price spread now: Aevo against Variational Omni+0.003%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: 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: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni COPPER | 6.8016 | 0 | get 0.0000% / 4h | 53m 41s | $739K | $1.6M | — |
| Short | Aevo COPPER-PERP | 6.8018 | 0.0104 | get 0.0013% / 1h | 53m 41s | $311 | — | 10x |
Variational Omni COPPER
Aevo COPPER-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Variational Omni. 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
- $21.84
- Price spread: +0.003% → 0.000%
- $0.32
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- $6.16
- Costs to cover
- 0.160%
- Break-even
- 5.0 days
Slippage unknown: Variational Omni: RFQ quote, just now; Aevo: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, just now | 2.98 bp | doesn't fit | 10.8 bp −$108 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin COPPER-USDT | −0.0056% | 4h | 6.8030 | +0.021% | $87K | $149K | 100x | as long as short |
| edgeX COPPERUSDC | −0.0001% | 4h | 6.8016 | 0.000% | $93K | $317K | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8011 | −0.007% | $32K | $36K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8020 | +0.006% | $9.0M | $34.7M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.7971 | −0.066% | $467K | $1.2M | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.7880 | −0.200% | $1.3M | $493K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8010 | −0.009% | $27.0M | $4.9M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8030 | +0.021% | $1.7M | $1.0M | 100x | as long as short |
| Variational Omni COPPERlong | 0.0000% | 4h | 6.8016 | long leg | $739K | $1.6M | — | |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8055 | +0.057% | $91K | $2.2M | 25x | as long as short |
BloFin COPPER-USDT
edgeX COPPERUSDC
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Bitget COPPERUSDT
GRVT COPPER_USDT_PerpShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX COPPER-USDT | 0.0000% | 4h | 6.8020 | +0.006% | — | $7.7M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | 6.8040 | +0.036% | $60K | $28K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.7910 | −0.156% | $4.2M | $81K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.7991 | −0.037% | $176K | — | 250x | as long as short |
| QFEX COPPER-USD | +0.0013% | 1h | 6.8010 | −0.009% | $1.5M | $138K | 20x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.8102 | +0.127% | $476K | $45K | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.7988 | −0.041% | — | $82K | 25x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8017 | +0.002% | $1K | $3K | 5x | as long as short |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.7983 | −0.048% | $10.4M | $5.4M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.7987 | −0.042% | $900 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.7970 | −0.067% | $57K | $55K | 15x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8014 | −0.002% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8010 | −0.009% | $258K | $25K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8100 | +0.124% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERPshort | +0.0104% | 1h | 6.8018 | +0.003% | $311 | — | 10x | |
| Extended XCU-USD | +0.0176% | 1h | 6.7995 | −0.031% | $231K | $2.9M | 20x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0312% | 1h | 6.7932 | −0.123% | $28K | $173K | 20x | as long as short |
| Phoenix COPPER | +0.0329% | 1h | 6.8005 | −0.016% | $45K | $30K | 20x | as long as short |
SunX COPPER-USDT
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
QFEX COPPER-USD
Lighter XCU
Vest HG-PERP
Paradex XCU-USD-PERP
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Ondo Perps COPPER-USD.P
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Extended XCU-USD
Kraken Futures PF_XCUUSD
Phoenix COPPER