Funding you earn now, next payment 00:00 UTC+0.0134%/8h= +14.7% APRnext payment +$0.67 per $10,000 · paid last 24h +0.034%
Price spread now: Bitget against Variational Omni+0.008%7-day average +0.015% · 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)+0.039%+$4 on $10k
+Price spread, last 7 days+0.002%$0 · spread now +0.008%, 7d avg +0.015%
=Together, before fees+0.041%+ Points / potential airdropVariational Omni: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: +$4 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 | 6.7945 | 0 | get 0.0000% / 4h | 2h 51m | $750K | $1.6M | — |
| Short | Bitget COPPERUSDT | 6.7950 | 0.0134 | get 0.0067% / 4h | 2h 51m | $1.7M | $1.1M | 100x |
Variational Omni COPPER
Bitget COPPERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $28.14
- Price spread: +0.008% → +0.015%
- −$0.72
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $15.42
- Costs to cover
- 0.120%
- Break-even
- 3.2 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Bitget: live order book, 5 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 Variational Omni RFQ quote, 2 min ago | 2.98 bp | doesn't fit | 10.6 bp −$106 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 0.74 bp | 12.3 bp −$12 | 51.9 bp −$519 | 113.4 bp −$11.3K | 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 | −0.0041% | 4h | 6.7950 | +0.008% | $87K | $147K | 100x | as long as short |
| edgeX COPPERUSDC | −0.0008% | 4h | 6.7940 | −0.007% | $93K | $316K | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.7940 | −0.006% | $32K | $52K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.7950 | +0.008% | $8.9M | $34.9M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.7901 | −0.064% | $469K | $1.2M | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.7860 | −0.125% | $1.3M | $522K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.7940 | −0.007% | $25.6M | $4.1M | 100x | as long as short |
| Variational Omni COPPERlong | 0.0000% | 4h | 6.7945 | long leg | $750K | $1.6M | — | |
| SunX COPPER-USDT | 0.0000% | 4h | 6.7950 | +0.008% | — | $7.9M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | 6.7980 | +0.052% | $60K | $28K | 75x | as long as short |
BloFin COPPER-USDT
edgeX COPPERUSDC
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
SunX COPPER-USDT
HTX COPPER-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex COPPERUSDT | 0.0000% | 4h | 6.7910 | −0.051% | $4.2M | $81K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.7889 | −0.082% | $176K | — | 25x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.7921 | −0.034% | $234K | $2.9M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.7905 | −0.058% | — | $82K | 25x | as long as short |
| Lighter XCU | +0.0048% | 1h | 6.8070 | +0.184% | $477K | $46K | 20x | as long as short |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.7924 | −0.030% | $10.4M | $5.9M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.7923 | −0.032% | $899 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.7878 | −0.098% | $62K | $26K | 15x | as long as short |
| Paradex XCU-USD-PERP | +0.0052% | 8h | 6.7944 | −0.001% | $1K | $3K | 5x | as long as short |
| QFEX COPPER-USD | +0.0053% | 1h | 6.7940 | −0.007% | $1.5M | $138K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.7949 | +0.007% | $23K | $16K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.7930 | −0.022% | $258K | $25K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8020 | +0.111% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.7950 | +0.008% | $311 | — | 10x | as long as short |
| Bitget COPPERUSDTshort | +0.0134% | 4h | 6.7950 | +0.008% | $1.7M | $1.1M | 100x | |
| GRVT COPPER_USDT_Perp | +0.0242% | 4h | 6.7960 | +0.023% | $94K | $2.2M | 25x | as long as short |
| Phoenix COPPER | +0.0329% | 1h | 6.7983 | +0.056% | $45K | $30K | 20x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0951% | 1h | 6.7935 | −0.014% | $26K | $177K | 20x | as long as short |
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
Extended XCU-USD
Vest HG-PERP
Lighter XCU
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Ondo Perps COPPER-USD.P
Paradex XCU-USD-PERP
QFEX COPPER-USD
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
GRVT COPPER_USDT_Perp
Phoenix COPPER
Kraken Futures PF_XCUUSD