Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.091%
Price spread now: Pacifica against Variational Omni−0.018%7-day average — · you buy dearer than you sell
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 · Pacifica: 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 | 6.7945 | 0 | get 0.0000% / 4h | 2h 47m | $752K | $1.6M | — |
| Short | Pacifica COPPER | 6.7933 | 0.0100 | get 0.0013% / 1h | 47m 11s | $23K | $16K | 10x |
Variational Omni COPPER
Pacifica COPPERFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- Price spread: −0.018% → 0.000%
- −$1.84
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $11.16
- Costs to cover
- 0.080%
- Break-even
- 3.3 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Pacifica: 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, 2 min ago | 2.98 bp | doesn't fit | 12.0 bp −$120 | doesn't fit | doesn't fit |
| Sell Pacifica no order-book sample | — | — | — | — | — |
Pacifica: 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX COPPERUSDC | −0.0007% | 4h | 6.7945 | 0.000% | $93K | $318K | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.7938 | −0.010% | $32K | $52K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.7940 | −0.008% | $8.9M | $34.9M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.7881 | −0.095% | $469K | $1.2M | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.7850 | −0.140% | $1.3M | $522K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.7940 | −0.008% | $25.6M | $4.1M | 100x | as long as short |
| Variational Omni COPPERlong | 0.0000% | 4h | 6.7945 | long leg | $752K | $1.6M | — | |
| SunX COPPER-USDT | 0.0000% | 4h | 6.7940 | −0.008% | — | $7.9M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | 6.7970 | +0.036% | $60K | $28K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.7910 | −0.052% | $4.2M | $81K | 100x | as long as short |
edgeX COPPERUSDC
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
SunX COPPER-USDT
HTX COPPER-USDT
Phemex COPPERUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.7889 | −0.083% | $176K | — | 25x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.8067 | +0.179% | $477K | $46K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.7922 | −0.035% | $234K | $2.9M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.7905 | −0.059% | — | $82K | 25x | as long as short |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.7915 | −0.045% | $10.4M | $5.9M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.7920 | −0.037% | $899 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.7938 | −0.011% | $64K | $26K | 15x | as long as short |
| Paradex XCU-USD-PERP | +0.0052% | 8h | 6.7945 | −0.001% | $1K | $3K | 5x | as long as short |
| QFEX COPPER-USD | +0.0053% | 1h | 6.7940 | −0.008% | $1.5M | $138K | 20x | as long as short |
| BloFin COPPER-USDT | +0.0057% | 4h | 6.7940 | −0.008% | $87K | $147K | 100x | as long as short |
| Pacifica COPPERshort | +0.0100% | 1h | 6.7933 | −0.018% | $23K | $16K | 10x | |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.7930 | −0.023% | $258K | $25K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8020 | +0.110% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.7945 | −0.001% | $311 | — | 10x | as long as short |
| Bitget COPPERUSDT | +0.0116% | 4h | 6.7940 | −0.008% | $1.7M | $1.1M | 100x | as long as short |
| GRVT COPPER_USDT_Perp | +0.0180% | 4h | 6.7950 | +0.007% | $94K | $2.2M | 25x | as long as short |
| Phoenix COPPER | +0.0329% | 1h | 6.7940 | −0.008% | $45K | $30K | 20x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0951% | 1h | 6.7935 | −0.015% | $26K | $177K | 20x | as long as short |
gTrade (Gains Network) HG/USD
Lighter XCU
Extended XCU-USD
Vest HG-PERP
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Ondo Perps COPPER-USD.P
Paradex XCU-USD-PERP
QFEX COPPER-USD
BloFin COPPER-USDT
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Bitget COPPERUSDT
GRVT COPPER_USDT_Perp
Phoenix COPPER
Kraken Futures PF_XCUUSD