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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.040%
Price spread now: SunX against Binance−0.007%46s7-day average +0.004% · 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 7 days+0.260%+$26 on $10k
Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.007%, 7d avg +0.004%
Together, before fees+0.326%+$33 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance COPPERUSDT6.83240get 0.0000% / 4h3h 16m$9.1M$32.9M100x
ShortSunX COPPER-USDT6.83200get 0.0000% / 4h3h 16m$6.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Binance. 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
Price spread: −0.007% → +0.004%
−$1.02
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$19.02
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 10 min ago; SunX: live order book, 12 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 Binance live order book, 10 min ago0.73 bp5.7 bp −$610.5 bp −$10547.3 bp −$4,726doesn't fit
Sell SunX live order book, 12 min ago46.12 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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−0.0403%1h6.8283−0.061%$35K$176K20xas long as short
tradeXYZ xyz:COPPER−0.0056%1h6.8299−0.037%$10.6M$4.9M20xas long as short
QFEX COPPER-USD−0.0003%1h6.8310−0.021%$1.5M$129K20xas long as short
Aster XCUUSDT0.0000%4h6.8339+0.022%$32K$27K50xas long as short
Binance COPPERUSDTlong0.0000%4h6.8324long leg$9.1M$32.9M100x
OKX XCU-USDT-SWAP0.0000%8h6.8282−0.062%$489K$972K50xas long as short
Gate XCU_USDT0.0000%8h6.8200−0.182%$1.3M$505K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8320−0.007%$26.1M$4.5M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8310−0.021%$2.5M$1.7M100xas long as short
Variational Omni COPPER0.0000%4h6.8343+0.027%$741K$1.4Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COPPER_USDT_Perp0.0000%4h6.8352+0.040%$97K$2.2M25xas long as short
SunX COPPER-USDTshort0.0000%4h6.8320−0.007%$6.6M20x
HTX COPPER-USDT0.0000%4h6.8380+0.081%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8150−0.255%$4.2M$78K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8326+0.002%$178K250xas long as short
edgeX COPPERUSDC+0.0020%4h6.8339+0.021%$95K$319K20xas long as short
Lighter XCU+0.0032%1h6.8430+0.154%$478K$40K20xas long as short
Extended XCU-USD+0.0032%1h6.8331+0.009%$266K$2.6M20xas long as short
Vest HG-PERP+0.0046%1h6.8317−0.011%$82K25xas long as short
Phoenix COPPER+0.0047%1h6.8325+0.001%$45K$23K20xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8313−0.017%$2K$2K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.8299−0.037%$904$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8291−0.049%$57K$55K15xas long as short
BloFin COPPER-USDT+0.0051%4h6.8340+0.023%$88K$135K100xas long as short
Pacifica COPPER+0.0100%1h6.8323−0.001%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8280−0.065%$291K$35K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8380+0.081%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8319−0.008%$31210xas long as short