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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h −0.012%
Price spread now: edgeX against Aster+0.031%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 7 days−0.059%−$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.031% dearer against Aster than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XCUUSDT6.82090get 0.0000% / 4h2h 02m$32K$27K50x
ShortedgeX COPPERUSDC6.82300.0002get 0.0001% / 4h2h 02m$95K$319K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Aster. 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
$0.41
Price spread: +0.031% → 0.000%
$3.07
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$13.52
Costs to cover
0.170%
Break-even
236.9 days
Slippage unknown: Aster: no order-book sample; edgeX: live order book, 45 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 Aster no order-book sample
Sell edgeX live order book, 45 min ago7.32 bp13.0 bp −$1324.6 bp −$246doesn't fitdoesn't fit
Aster: 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
Kraken Futures PF_XCUUSD−0.0481%1h6.8180−0.043%$34K$176K20xas long as short
QFEX COPPER-USD−0.0001%1h6.8210+0.001%$1.5M$130K20xas long as short
Aster XCUUSDTlong0.0000%4h6.8209long leg$32K$27K50x
Binance COPPERUSDT0.0000%4h6.8223+0.020%$9.2M$33.5M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8157−0.077%$497K$973K50xas long as short
Gate XCU_USDT0.0000%8h6.8070−0.204%$1.3M$533K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8210+0.001%$26.7M$4.9M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8220+0.016%$2.9M$2.0M100xas long as short
Variational Omni COPPER0.0000%4h6.8243+0.049%$740K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8264+0.080%$95K$2.3M25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX COPPER-USDT0.0000%4h6.8230+0.030%$6.5M20xas long as short
HTX COPPER-USDT0.0000%4h6.8250+0.060%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8160−0.072%$4.2M$81K100xas long as short
tradeXYZ xyz:COPPER0.0000%1h6.8170−0.058%$10.6M$5.0M20xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8165−0.065%$178K250xas long as short
edgeX COPPERUSDCshort+0.0002%4h6.8230+0.031%$95K$319K20x
Phoenix COPPER+0.0023%1h6.8223+0.020%$45K$23K20xas long as short
Lighter XCU+0.0032%1h6.8298+0.130%$477K$40K20xas long as short
Extended XCU-USD+0.0032%1h6.8187−0.032%$276K$2.4M20xas long as short
Vest HG-PERP+0.0046%1h6.8181−0.042%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8205−0.006%$2K$2K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.8157−0.077%$903$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8274+0.095%$57K$55K15xas long as short
BloFin COPPER-USDT+0.0056%4h6.8210+0.001%$87K$140K100xas long as short
Pacifica COPPER+0.0100%1h6.8209−0.001%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8210+0.001%$278K$35K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8270+0.089%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8199−0.015%$31210xas long as short