COPPER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.032%

Price spread now: MEXC against Bitget−0.015%7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$230.233% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.033%−$3 on $10k

Price spread, last 7 days+0.015%+$1 · spread now −0.015%, 7d avg −0.006%

Together, before fees−0.018%−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget COPPERUSDT	6.8060	0	get 0.0000% / 4h	2h 15m	$1.7M	$1.0M	100x
Short	MEXC COPPER_USDT	6.8050	0	get 0.0000% / 4h	2h 15m	$26.0M	$5.0M	100x

Funding history

latest

Range statsloading…

MEXC against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BitgetbpFee MEXCbpOrdersPrice spread, now −0.015%Rate

Slippage from Bitget: live order book, 1 min ago; MEXC: live order book, 3 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 1 min ago	0.73 bp	9.4 bp −$9	25.3 bp −$253	81.9 bp −$8,187	doesn't fit
Sell MEXC live order book, 3 min ago	0.74 bp	0.7 bp −$1	1.5 bp −$15	12.2 bp −$1,224	361.3 bp −$180.6K

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_XCUUSD	−0.1014%	1h	6.8032	−0.041%	$32K	$176K	20x	as long as short
tradeXYZ xyz:COPPER	−0.0130%	1h	6.8029	−0.046%	$10.4M	$4.8M	20x	as long as short
Aster XCUUSDT	0.0000%	4h	6.8082	+0.033%	$32K	$35K	50x	as long as short
Binance COPPERUSDT	0.0000%	4h	6.8060	0.000%	$9.0M	$32.1M	100x	as long as short
OKX XCU-USDT-SWAP	0.0000%	8h	6.8080	+0.029%	$472K	$932K	50x	as long as short
Gate XCU_USDT	0.0000%	8h	6.7920	−0.206%	$1.3M	$478K	100x	as long as short
MEXC COPPER_USDTshort	0.0000%	4h	6.8050	−0.015%	$26.0M	$5.0M	100x
Bitget COPPERUSDTlong	0.0000%	4h	6.8060	long leg	$1.7M	$1.0M	100x
Variational Omni COPPER	0.0000%	4h	6.8072	+0.018%	$742K	$1.4M	—	as long as short
GRVT COPPER_USDT_Perp	0.0000%	4h	6.8017	−0.063%	$95K	$2.0M	25x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX COPPER-USDT	0.0000%	4h	6.8060	0.000%	—	$6.8M	20x	as long as short
HTX COPPER-USDT	0.0000%	4h	6.8070	+0.015%	$61K	$26K	75x	as long as short
Phemex COPPERUSDT	0.0000%	4h	6.8000	−0.088%	$4.2M	$74K	100x	as long as short
gTrade (Gains Network) HG/USD	L +0.0002% / S −0.0001%	1h	6.8050	−0.015%	$177K	—	250x	as long as short
QFEX COPPER-USD	+0.0006%	1h	6.8060	0.000%	$1.5M	$129K	20x	as long as short
edgeX COPPERUSDC	+0.0016%	4h	6.7998	−0.091%	$94K	$319K	20x	as long as short
Lighter XCU	+0.0032%	1h	6.8164	+0.153%	$477K	$39K	20x	as long as short
Phoenix COPPER	+0.0035%	1h	6.8069	+0.013%	$45K	$30K	20x	as long as short
Vest HG-PERP	+0.0046%	1h	6.8058	−0.003%	—	$82K	25x	as long as short
Paradex XCU-USD-PERP	+0.0050%	8h	6.8063	+0.004%	$1K	$2K	5x	as long as short
SoDEX COPPER-USD	+0.0050%	1h	6.8049	−0.016%	$901	$3K	20x	as long as short
Ondo Perps COPPER-USD.P	+0.0050%	1h	6.8020	−0.059%	$57K	$55K	15x	as long as short
Pacifica COPPER	+0.0100%	1h	6.8065	+0.007%	$23K	$14K	10x	as long as short
KuCoin COPPERUSDTM	+0.0100%	4h	6.8080	+0.029%	$258K	$23K	50x	as long as short
Orderly PERP_COPPER_USDC_mythos	+0.0100%	8h	6.8110	+0.073%	$3K	—	10x	as long as short
Aevo COPPER-PERP	+0.0104%	1h	6.8050	−0.014%	$311	—	10x	as long as short
Extended XCU-USD	+0.0312%	1h	6.8050	−0.014%	$230K	$2.9M	20x	as long as short