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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: MEXC against Variational Omni+0.024%7-day average +0.009% · 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)−0.009%−$1 on $10k
Price spread, last 7 days−0.009%−$1 · spread now +0.024%, 7d avg +0.009%
Together, before fees−0.018%+ Points / potential airdropVariational Omni: Active · farm board−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni COPPER6.80840get 0.0000% / 4h2h 15m$739K$1.4M
ShortMEXC COPPER_USDT6.81000get 0.0000% / 4h2h 15m$26.1M$4.8M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.024% → +0.009%
$1.46
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee MEXC: 0 bp × 2 orders
$0
Net
$1.46
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; MEXC: live order book, 3 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 fit10.6 bp −$106doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago0.73 bp0.7 bp −$13.2 bp −$329.3 bp −$927261.7 bp −$130.8K

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
Kraken Futures PF_XCUUSD−0.0482%1h6.8073−0.016%$34K$176K20xas long as short
BloFin COPPER-USDT−0.0038%4h6.8090+0.009%$88K$138K100xas long as short
tradeXYZ xyz:COPPER−0.0016%1h6.8086+0.003%$10.5M$5.0M20xas long as short
QFEX COPPER-USD−0.0001%1h6.8110+0.039%$1.5M$130K20xas long as short
Aster XCUUSDT0.0000%4h6.8129+0.067%$32K$27K50xas long as short
Binance COPPERUSDT0.0000%4h6.8120+0.053%$9.3M$33.4M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8091+0.011%$498K$973K50xas long as short
Gate XCU_USDT0.0000%8h6.7950−0.196%$1.3M$529K100xas long as short
MEXC COPPER_USDTshort0.0000%4h6.8100+0.024%$26.1M$4.8M100x
Bitget COPPERUSDT0.0000%4h6.8110+0.039%$2.9M$2.0M100xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni COPPERlong0.0000%4h6.8084long leg$739K$1.4M
GRVT COPPER_USDT_Perp0.0000%4h6.8144+0.088%$87K$2.3M25xas long as short
SunX COPPER-USDT0.0000%4h6.8090+0.009%$6.5M20xas long as short
HTX COPPER-USDT0.0000%4h6.8120+0.053%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8080−0.006%$4.2M$81K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8105+0.030%$178K250xas long as short
edgeX COPPERUSDC+0.0008%4h6.8094+0.016%$94K$320K20xas long as short
Phoenix COPPER+0.0023%1h6.8106+0.033%$45K$23K20xas long as short
Lighter XCU+0.0032%1h6.8187+0.152%$477K$40K20xas long as short
Extended XCU-USD+0.0032%1h6.8109+0.038%$276K$2.4M20xas long as short
Vest HG-PERP+0.0046%1h6.8093+0.014%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8097+0.019%$1K$2K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.8063−0.031%$901$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8052−0.047%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.8105+0.031%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8150+0.097%$278K$35K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8160+0.112%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8089+0.008%$31110xas long as short