Funding you earn now, next payment 04:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h −0.023%
Price spread now: Bitget against gTrade (Gains Network)−0.024%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$466as in the Price arb table
costs, in and out, $10k−$4664.656% of the position
Funding, last 1 day (all we have)−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)−0.088%−$9 · spread now −0.024%, 7d avg −0.022%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) HG/USD | 6.8227 | L +0.0002% / S −0.0001% | pay 0.0000% / 1h | 14m 10s | $178K | — | 250x |
| Short | Bitget COPPERUSDT | 6.8210 | 0 | get 0.0000% / 4h | 14m 10s | $2.5M | $1.7M | 100x |
gTrade (Gains Network) HG/USD
Bitget COPPERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.4
- Price spread: −0.024% → −0.022%
- −$0.25
- Slippage, 4 orders
- −$443.61
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$466.26
- Costs to cover
- 4.656%
- Break-even
- never at this rate
Slippage from gTrade (Gains Network): virtual book (oracle venue), 10 min ago; Bitget: live order book, 3 min ago.
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 gTrade (Gains Network) virtual book (oracle venue), 10 min ago | 130.00 bp | 229.7 bp −$230 | 1613.4 bp −$16.1K | 13153.3 bp −$1.32M | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.73 bp | 11.1 bp −$11 | 29.9 bp −$299 | 92.9 bp −$9,286 | doesn't fit |
COPPER on 28 venues
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 | 6.8252 | +0.038% | $32K | $27K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8211 | −0.023% | $9.0M | $32.8M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8203 | −0.035% | $480K | $959K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.8020 | −0.303% | $1.3M | $495K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8210 | −0.024% | $26.0M | $4.3M | 100x | as long as short |
| Bitget COPPERUSDTshort | 0.0000% | 4h | 6.8210 | −0.024% | $2.5M | $1.7M | 100x | |
| Variational Omni COPPER | 0.0000% | 4h | 6.8193 | −0.049% | $742K | $1.4M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8200 | −0.039% | $88K | $2.1M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.8210 | −0.024% | — | $6.6M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | 6.8230 | +0.005% | $61K | $24K | 75x | as long as short |
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Variational Omni COPPER
GRVT COPPER_USDT_Perp
SunX COPPER-USDT
HTX COPPER-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8160 | −0.098% | $4.2M | $77K | 100x | as long as short |
| gTrade (Gains Network) HG/USDlong | L +0.0002% / S −0.0001% | 1h | 6.8227 | long leg | $178K | — | 250x | |
| tradeXYZ xyz:COPPER | +0.0002% | 1h | 6.8190 | −0.054% | $10.5M | $4.8M | 20x | as long as short |
| QFEX COPPER-USD | +0.0009% | 1h | 6.8210 | −0.024% | $1.5M | $129K | 20x | as long as short |
| edgeX COPPERUSDC | +0.0017% | 4h | 6.8188 | −0.056% | $94K | $319K | 20x | as long as short |
| BloFin COPPER-USDT | +0.0030% | 4h | 6.8190 | −0.054% | $88K | $143K | 100x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.8319 | +0.135% | $477K | $40K | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8220 | −0.010% | — | $82K | 25x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8195 | −0.046% | $2K | $2K | 5x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8197 | −0.044% | $903 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8142 | −0.124% | $57K | $55K | 15x | as long as short |
| Extended XCU-USD | +0.0080% | 1h | 6.8232 | +0.007% | $266K | $2.7M | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8220 | −0.009% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8190 | −0.054% | $290K | $32K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8260 | +0.049% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8199 | −0.041% | $312 | — | 10x | as long as short |
| Phoenix COPPER | +0.0164% | 1h | 6.8215 | −0.017% | $45K | $23K | 20x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0291% | 1h | 6.8162 | −0.095% | $34K | $176K | 20x | as long as short |
Phemex COPPERUSDT
tradeXYZ xyz:COPPER
QFEX COPPER-USD
edgeX COPPERUSDC
BloFin COPPER-USDT
Lighter XCU
Vest HG-PERP
Paradex XCU-USD-PERP
SoDEX COPPER-USD
Ondo Perps COPPER-USD.P
Extended XCU-USD
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Phoenix COPPER
Kraken Futures PF_XCUUSD