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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0001%/8h= +0.2% APRpaid last 24h +0.031%
Price spread now: gTrade (Gains Network) against Aster−0.031%7-day average · you buy dearer than you sell
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 1 day (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: gTrade (Gains Network) is 0.031% cheaper against Aster than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XCUUSDT6.82270get 0.0000% / 4h2h 03m$32K$27K50x
ShortgTrade (Gains Network) HG/USD6.8205L +0.0002% / S −0.0001%get 0.0000% / 1h3m 56s$178K250x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
$0.3
Price spread: −0.031% → 0.000%
−$3.11
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$20.81
Costs to cover
0.180%
Break-even
487.2 days
Slippage unknown: Aster: no order-book sample; gTrade (Gains Network): virtual book (oracle venue), 10 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 gTrade (Gains Network) virtual book (oracle venue), 10 min ago130.01 bp213.7 bp −$2141617.5 bp −$16.2Kdoesn'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%1h6.8223−0.006%$35K$176K20xas long as short
QFEX COPPER-USD−0.0001%1h6.8230+0.005%$1.5M$130K20xas long as short
tradeXYZ xyz:COPPER0.0000%1h6.8190−0.054%$10.6M$5.0M20xas long as short
Aster XCUUSDTlong0.0000%4h6.8227long leg$32K$27K50x
Binance COPPERUSDT0.0000%4h6.8230+0.005%$9.2M$33.5M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8178−0.071%$498K$973K50xas long as short
Gate XCU_USDT0.0000%8h6.8090−0.200%$1.3M$533K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8230+0.005%$26.7M$4.9M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8220−0.010%$2.9M$2.0M100xas long as short
Variational Omni COPPER0.0000%4h6.8243+0.024%$740K$1.4Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COPPER_USDT_Perp0.0000%4h6.8264+0.055%$95K$2.3M25xas long as short
SunX COPPER-USDT0.0000%4h6.8220−0.010%$6.5M20xas long as short
HTX COPPER-USDT0.0000%4h6.8250+0.034%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8170−0.083%$4.2M$81K100xas long as short
gTrade (Gains Network) HG/USDshortL +0.0002% / S −0.0001%1h6.8205−0.031%$178K250x
edgeX COPPERUSDC+0.0017%4h6.8245+0.026%$95K$319K20xas long as short
BloFin COPPER-USDT+0.0021%4h6.8220−0.010%$87K$139K100xas long as short
Phoenix COPPER+0.0023%1h6.8223−0.005%$45K$23K20xas long as short
Lighter XCU+0.0032%1h6.8314+0.128%$477K$40K20xas long as short
Extended XCU-USD+0.0032%1h6.8208−0.027%$276K$2.4M20xas long as short
Vest HG-PERP+0.0046%1h6.8205−0.032%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8207−0.029%$2K$2K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.8182−0.066%$903$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8274+0.069%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.8201−0.038%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8230+0.005%$278K$35K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8300+0.107%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8219−0.012%$31210xas long as short