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+0.0050%/8h= +5.5% APRpaid last 24h +0.041%
Price spread now: Paradex against Aster−0.001%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 4 days (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 · Paradex: 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: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XCUUSDT6.82060get 0.0000% / 4h2h 03m$32K$27K50x
ShortParadex XCU-USD-PERP6.82050.0050get 0.0050% / 8h2h 03m$2K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$10.5
Price spread: −0.001% → 0.000%
−$0.11
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$1.61
Costs to cover
0.120%
Break-even
8.1 days
Slippage unknown: Aster: no order-book sample; Paradex: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Paradex no order-book sample
Aster and Paradex: 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+0.025%$35K$176K20xas long as short
QFEX COPPER-USD−0.0001%1h6.8210+0.006%$1.5M$130K20xas long as short
tradeXYZ xyz:COPPER0.0000%1h6.8163−0.063%$10.6M$5.0M20xas long as short
Aster XCUUSDTlong0.0000%4h6.8206long leg$32K$27K50x
Binance COPPERUSDT0.0000%4h6.8214+0.012%$9.2M$33.5M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8153−0.077%$498K$973K50xas long as short
Gate XCU_USDT0.0000%8h6.8090−0.170%$1.3M$533K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8230+0.035%$26.7M$4.9M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8200−0.009%$2.9M$2.0M100xas long as short
Variational Omni COPPER0.0000%4h6.8243+0.055%$740K$1.4Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COPPER_USDT_Perp0.0000%4h6.8264+0.085%$95K$2.3M25xas long as short
SunX COPPER-USDT0.0000%4h6.8220+0.021%$6.5M20xas long as short
HTX COPPER-USDT0.0000%4h6.8250+0.065%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8170−0.053%$4.2M$81K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.82050.000%$178K250xas long as short
edgeX COPPERUSDC+0.0002%4h6.8230+0.036%$95K$319K20xas long as short
BloFin COPPER-USDT+0.0021%4h6.8220+0.021%$87K$139K100xas long as short
Phoenix COPPER+0.0023%1h6.8223+0.025%$45K$23K20xas long as short
Lighter XCU+0.0032%1h6.8306+0.147%$477K$40K20xas long as short
Extended XCU-USD+0.0032%1h6.8196−0.014%$276K$2.4M20xas long as short
Vest HG-PERP+0.0046%1h6.8181−0.036%$82K25xas long as short
Paradex XCU-USD-PERPshort+0.0050%8h6.8205−0.001%$2K$2K5x
SoDEX COPPER-USD+0.0050%1h6.8182−0.035%$903$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8274+0.100%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.8209+0.004%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8220+0.021%$278K$35K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8300+0.138%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8219+0.019%$31210xas long as short