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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.028%
Price spread now: SunX against Aevo+0.011%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo COPPER-PERP6.81320.0104pay 0.0013% / 1h41m 09s$31110x
ShortSunX COPPER-USDT6.81400get 0.0000% / 4h1h 41m$6.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Aevo. 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
−$21.84
Price spread: +0.011% → 0.000%
$1.15
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee SunX: 4 bp × 2 orders
−$8
Net
−$44.69
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; SunX: live order book, 8 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 Aevo no order-book sample
Sell SunX live order book, 8 min ago46.23 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Aevo: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin COPPER-USDT−0.0052%4h6.8130−0.003%$88K$139K100xas long as short
Aster XCUUSDT0.0000%4h6.8143+0.016%$32K$27K50xas long as short
Binance COPPERUSDT0.0000%4h6.8137+0.007%$9.2M$33.6M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8093−0.058%$497K$971K50xas long as short
Gate XCU_USDT0.0000%8h6.8010−0.179%$1.3M$521K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8140+0.011%$26.3M$4.9M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8130−0.003%$2.9M$2.0M100xas long as short
Variational Omni COPPER0.0000%4h6.8113−0.028%$735K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8150+0.026%$90K$2.3M25xas long as short
SunX COPPER-USDTshort0.0000%4h6.8140+0.011%$6.4M20x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX COPPER-USDT0.0000%4h6.8160+0.041%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8130−0.003%$4.2M$82K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8110−0.033%$178K250xas long as short
QFEX COPPER-USD+0.0003%1h6.8120−0.018%$1.5M$130K20xas long as short
tradeXYZ xyz:COPPER+0.0005%1h6.8092−0.059%$10.6M$5.0M20xas long as short
edgeX COPPERUSDC+0.0020%4h6.8130−0.003%$94K$320K20xas long as short
Extended XCU-USD+0.0032%1h6.8120−0.018%$276K$2.3M20xas long as short
Vest HG-PERP+0.0046%1h6.8099−0.049%$82K25xas long as short
Phoenix COPPER+0.0047%1h6.8100−0.047%$45K$22K20xas long as short
Lighter XCU+0.0048%1h6.8226+0.138%$477K$41K20xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8104−0.041%$1K$2K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.8098−0.050%$4K$5K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8161+0.042%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.8091−0.060%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8140+0.011%$278K$37K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8200+0.100%$3K10xas long as short
Aevo COPPER-PERPlong+0.0104%1h6.8132long leg$31110x
Kraken Futures PF_XCUUSD+0.0108%1h6.8111−0.031%$34K$176K20xas long as short