Funding you earn now, next payment 05:00 UTC+0.0001%/8h= +0.2% APRpaid last 24h +0.038%
Price spread now: gTrade (Gains Network) against Variational Omni+0.015%7-day average +0.026% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 1 day (all we have)+0.062%+$6 on $10k
+Price spread, last 4 days (all we have)+0.139%+$14 · spread now +0.015%, 7d avg +0.026%
=Together, before fees+0.201%+ Points / potential airdropVariational Omni: Active · farm board+$20 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni COPPER | 6.8263 | 0 | get 0.0000% / 4h | 3h 00m | $737K | $1.4M | — |
| Short | gTrade (Gains Network) HG/USD | 6.8273 | L +0.0002% / S −0.0001% | get 0.0000% / 1h | 0m 39s | $178K | — | 250x |
Variational Omni COPPER
gTrade (Gains Network) HG/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- $0.3
- Price spread: +0.015% → +0.026%
- −$1.16
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$10.86
- Costs to cover
- 0.100%
- Break-even
- 257.6 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; gTrade (Gains Network): virtual book (oracle venue), 18 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, 3 min ago | 2.98 bp | doesn't fit | 11.2 bp −$112 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 18 min ago | 130.01 bp | 213.6 bp −$214 | 1617.5 bp −$16.2K | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XCUUSD | −0.0404% | 1h | 6.8253 | −0.014% | $35K | $176K | 20x | as long as short |
| BloFin COPPER-USDT | −0.0048% | 4h | 6.8310 | +0.069% | $88K | $137K | 100x | as long as short |
| tradeXYZ xyz:COPPER | −0.0044% | 1h | 6.8261 | −0.003% | $10.6M | $4.9M | 20x | as long as short |
| QFEX COPPER-USD | −0.0003% | 1h | 6.8260 | −0.004% | $1.5M | $129K | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8292 | +0.042% | $32K | $27K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8281 | +0.026% | $9.1M | $33.0M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8247 | −0.024% | $490K | $970K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.8140 | −0.180% | $1.3M | $519K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8280 | +0.025% | $26.5M | $4.6M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8280 | +0.025% | $2.5M | $1.7M | 100x | as long as short |
Kraken Futures PF_XCUUSD
BloFin COPPER-USDT
tradeXYZ xyz:COPPER
QFEX COPPER-USD
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Bitget COPPERUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni COPPERlong | 0.0000% | 4h | 6.8263 | long leg | $737K | $1.4M | — | |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8300 | +0.054% | $87K | $2.2M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.8270 | +0.010% | — | $6.6M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | 6.8320 | +0.083% | $61K | $24K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8150 | −0.166% | $4.2M | $78K | 100x | as long as short |
| gTrade (Gains Network) HG/USDshort | L +0.0002% / S −0.0001% | 1h | 6.8273 | +0.015% | $178K | — | 250x | |
| edgeX COPPERUSDC | +0.0018% | 4h | 6.8293 | +0.043% | $95K | $319K | 20x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.8388 | +0.183% | $478K | $40K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.8279 | +0.024% | $264K | $2.5M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8275 | +0.018% | — | $82K | 25x | as long as short |
| Phoenix COPPER | +0.0047% | 1h | 6.8300 | +0.054% | $45K | $23K | 20x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8264 | +0.002% | $2K | $2K | 5x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8252 | −0.016% | $904 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8225 | −0.056% | $57K | $55K | 15x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8282 | +0.027% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8230 | −0.048% | $278K | $35K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8320 | +0.083% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8266 | +0.004% | $312 | — | 10x | as long as short |
GRVT COPPER_USDT_Perp
SunX COPPER-USDT
HTX COPPER-USDT
Phemex COPPERUSDT
edgeX COPPERUSDC
Lighter XCU
Extended XCU-USD
Vest HG-PERP
Phoenix COPPER
Paradex XCU-USD-PERP
SoDEX COPPER-USD
Ondo Perps COPPER-USD.P
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP