Funding you earn now, next payment 12:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h +0.025%
Price spread now: SoDEX against BloFin−0.042%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.042% cheaper against BloFin than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin COPPER-USDT | 6.8550 | 0.0051 | pay 0.0025% / 4h | 54m 55s | $90K | $155K | 100x |
| Short | SoDEX COPPER-USD | 6.8521 | 0.0050 | get 0.0006% / 1h | 54m 55s | $907 | $6K | 20x |
BloFin COPPER-USDT
SoDEX COPPER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.12
- Price spread: −0.042% → 0.000%
- −$4.23
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$24.35
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 42 min ago; SoDEX: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 42 min ago | 1.46 bp | 7.5 bp −$7 | 10.3 bp −$103 | 30.9 bp −$3,092 | 110.8 bp −$55.4K |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster XCUUSDT | 0.0000% | 4h | 6.8553 | +0.005% | $35K | $31K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8540 | −0.015% | $9.1M | $32.8M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8444 | −0.155% | $532K | $823K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.8350 | −0.292% | $1.3M | $173K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8530 | −0.029% | $26.3M | $5.6M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8510 | −0.058% | $3.9M | $2.2M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8547 | −0.005% | $774K | $540K | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8582 | +0.046% | $91K | $2.3M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.8540 | −0.015% | — | $4.6M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | 6.8610 | +0.088% | $61K | $71K | 75x | as long as short |
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Bitget COPPERUSDT
Variational Omni COPPER
GRVT COPPER_USDT_Perp
SunX COPPER-USDT
HTX COPPER-USDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8390 | −0.233% | $4.2M | $83K | 100x | as long as short |
| edgeX COPPERUSDC | +0.0001% | 4h | 6.8588 | +0.055% | $95K | $319K | 20x | as long as short |
| QFEX COPPER-USD | +0.0001% | 1h | 6.8510 | −0.058% | $1.5M | $151K | 20x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.8485 | −0.095% | $179K | — | 250x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.8485 | −0.095% | $270K | $1.7M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8494 | −0.082% | — | $36K | 25x | as long as short |
| SoDEX COPPER-USDshort | +0.0050% | 1h | 6.8521 | −0.042% | $907 | $6K | 20x | |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8518 | −0.046% | $2K | $825 | 5x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8562 | +0.018% | $59K | $54K | 15x | as long as short |
| BloFin COPPER-USDTlong | +0.0051% | 4h | 6.8550 | long leg | $90K | $155K | 100x | |
| Lighter XCU | +0.0072% | 1h | 6.8594 | +0.064% | $480K | $26K | 20x | as long as short |
| Phoenix COPPER | +0.0093% | 1h | 6.8600 | +0.073% | $44K | $11K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8510 | −0.058% | $24K | $13K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8500 | −0.073% | $267K | $43K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8580 | +0.044% | $3K | — | 10x | as long as short |
| tradeXYZ xyz:COPPER | +0.0103% | 1h | 6.8520 | −0.044% | $10.9M | $3.9M | 20x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8524 | −0.038% | $313 | — | 10x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0181% | 1h | 6.8516 | −0.049% | $34K | $180K | 20x | as long as short |
Phemex COPPERUSDT
edgeX COPPERUSDC
QFEX COPPER-USD
gTrade (Gains Network) HG/USD
Extended XCU-USD
Vest HG-PERP
Paradex XCU-USD-PERP
Ondo Perps COPPER-USD.P
Lighter XCU
Phoenix COPPER
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
tradeXYZ xyz:COPPER
Aevo COPPER-PERP
Kraken Futures PF_XCUUSD