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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0102%/8h= +11.2% APRnext payment +$0.13 per $10,000 · paid last 24h +0.026%
Price spread now: Aevo against gTrade (Gains Network)+0.018%7-day average · you sell dearer than you buy
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 feesneeds 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: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) HG/USD6.8069L +0.0002% / S −0.0001%pay 0.0000% / 1h57m 50s$177K250x
ShortAevo COPPER-PERP6.80820.0104get 0.0013% / 1h57m 50s$31110x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against gTrade (Gains Network). 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
$21.44
Price spread: +0.018% → 0.000%
$1.82
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$2.74
Costs to cover
0.260%
Break-even
7.9 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 41 min ago; Aevo: 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 gTrade (Gains Network) virtual book (oracle venue), 41 min ago130.01 bp229.7 bp −$2301613.3 bp −$16.1K13153.2 bp −$1.32Mdoesn't fit
Sell Aevo no order-book sample
Aevo: 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−0.1013%1h6.8085+0.023%$32K$178K20xas long as short
tradeXYZ xyz:COPPER−0.0154%1h6.8007−0.091%$10.4M$5.0M20xas long as short
Aster XCUUSDT0.0000%4h6.8076+0.010%$32K$35K50xas long as short
Binance COPPERUSDT0.0000%4h6.8070+0.001%$9.1M$33.0M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8050−0.028%$472K$951K50xas long as short
Gate XCU_USDT0.0000%8h6.7940−0.190%$1.3M$478K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8070+0.001%$26.9M$4.9M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8080+0.016%$1.7M$1.0M100xas long as short
Variational Omni COPPER0.0000%4h6.8093+0.035%$742K$1.5Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8123+0.079%$97K$2.1M25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX COPPER-USDT0.0000%4h6.8100+0.045%$7.1M20xas long as short
HTX COPPER-USDT0.0000%4h6.8170+0.148%$61K$26K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7910−0.234%$4.2M$75K100xas long as short
gTrade (Gains Network) HG/USDlongL +0.0002% / S −0.0001%1h6.8069long leg$177K250x
edgeX COPPERUSDC+0.0004%4h6.8107+0.055%$94K$319K20xas long as short
QFEX COPPER-USD+0.0006%1h6.8110+0.060%$1.5M$129K20xas long as short
BloFin COPPER-USDT+0.0016%4h6.8090+0.031%$87K$149K100xas long as short
Vest HG-PERP+0.0046%1h6.8079+0.014%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8125+0.082%$1K$2K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.8044−0.037%$901$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8114+0.066%$57K$55K15xas long as short
Lighter XCU+0.0064%1h6.8176+0.157%$477K$39K20xas long as short
Pacifica COPPER+0.0100%1h6.8115+0.067%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8070+0.001%$258K$25K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8160+0.133%$3K10xas long as short
Aevo COPPER-PERPshort+0.0104%1h6.8082+0.018%$31110x
Phoenix COPPER+0.0118%1h6.8087+0.026%$45K$30K20xas long as short
Extended XCU-USD+0.0392%1h6.8042−0.039%$231K$2.9M20xas long as short