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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%
Price spread now: Binance against Variational Omni+0.023%7-day average +0.013% · 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 3 days (all we have)−0.009%−$1 on $10k
Price spread, last 2 days (all we have)+0.008%+$1 · spread now +0.023%, 7d avg +0.013%
Together, before fees−0.001%+ Points / potential airdropVariational Omni: Active · farm board$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni COPPER6.80160get 0.0000% / 4h55m 16s$739K$1.6M
ShortBinance COPPERUSDT6.80320get 0.0000% / 4h55m 16s$9.0M$34.7M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.023% → +0.013%
$1.06
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$8.94
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Binance: live order book, 1 min ago. 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 Variational Omni RFQ quote, 4 min ago2.98 bpdoesn't fit11.8 bp −$118doesn't fitdoesn't fit
Sell Binance live order book, 1 min ago0.74 bp5.7 bp −$610.2 bp −$10282.0 bp −$8,196doesn't fit

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
BloFin COPPER-USDT−0.0056%4h6.8030+0.021%$87K$149K100xas long as short
edgeX COPPERUSDC−0.0001%4h6.80160.000%$93K$317K20xas long as short
Aster XCUUSDT0.0000%4h6.80160.000%$32K$36K50xas long as short
Binance COPPERUSDTshort0.0000%4h6.8032+0.023%$9.0M$34.7M100x
OKX XCU-USDT-SWAP0.0000%8h6.7971−0.066%$467K$1.2M50xas long as short
Gate XCU_USDT0.0000%8h6.7880−0.200%$1.3M$493K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8030+0.021%$27.0M$4.9M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8050+0.050%$1.7M$1.0M100xas long as short
Variational Omni COPPERlong0.0000%4h6.8016long leg$739K$1.6M
GRVT COPPER_USDT_Perp0.0000%4h6.8055+0.057%$91K$2.2M25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX COPPER-USDT0.0000%4h6.8030+0.021%$7.7M20xas long as short
HTX COPPER-USDT0.0000%4h6.8040+0.036%$60K$28K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7930−0.126%$4.2M$81K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.7990−0.038%$176K250xas long as short
QFEX COPPER-USD+0.0013%1h6.8010−0.009%$1.5M$138K20xas long as short
Lighter XCU+0.0032%1h6.8105+0.131%$477K$45K20xas long as short
Vest HG-PERP+0.0046%1h6.7987−0.042%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8020+0.007%$1K$3K5xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.7990−0.038%$10.4M$5.4M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.7995−0.031%$900$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.7970−0.067%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.8022+0.009%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8010−0.009%$258K$25K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8100+0.124%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8019+0.005%$31110xas long as short
Extended XCU-USD+0.0160%1h6.8000−0.024%$231K$2.9M20xas long as short
Kraken Futures PF_XCUUSD+0.0312%1h6.7933−0.122%$28K$173K20xas long as short
Phoenix COPPER+0.0329%1h6.8005−0.016%$45K$30K20xas long as short