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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0049%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.010%
Price spread now: Ondo Perps against gTrade (Gains Network)+0.001%45s7-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 fees+ Points / potential airdropOndo Perps: Active · farm boardneeds 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: +$1 a day on $10k at the current rate. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) HG/USD6.8209L +0.0002% / S −0.0001%pay 0.0000% / 1h5m 42s$178K250x
ShortOndo Perps COPPER-USD.P6.82100.0050get 0.0006% / 1h5m 42s$57K$55K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$10.19
Price spread: +0.001% → 0.000%
$0.15
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$4.67
Costs to cover
0.150%
Break-even
10.2 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 63 min ago; Ondo Perps: 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), 63 min ago130.01 bp229.7 bp −$2301613.4 bp −$16.1K13153.2 bp −$1.32Mdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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
Aster XCUUSDT0.0000%4h6.8264+0.081%$32K$28K50xas long as short
Binance COPPERUSDT0.0000%4h6.8260+0.075%$9.0M$33.4M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8193−0.023%$496K$974K50xas long as short
Gate XCU_USDT0.0000%8h6.8110−0.145%$1.3M$529K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8250+0.060%$26.7M$5.3M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8250+0.060%$2.9M$1.6M100xas long as short
Variational Omni COPPER0.0000%4h6.8246+0.054%$765K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8310+0.148%$94K$2.4M25xas long as short
SunX COPPER-USDT0.0000%4h6.8260+0.075%$6.0M20xas long as short
HTX COPPER-USDT0.0000%4h6.8360+0.221%$61K$24K75xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex COPPERUSDT0.0000%4h6.8150−0.086%$4.2M$83K100xas long as short
gTrade (Gains Network) HG/USDlongL +0.0002% / S −0.0001%1h6.8209long leg$178K250x
edgeX COPPERUSDC+0.0012%4h6.8259+0.074%$95K$319K20xas long as short
QFEX COPPER-USD+0.0017%1h6.8230+0.031%$1.5M$140K20xas long as short
Extended XCU-USD+0.0032%1h6.8231+0.032%$274K$2.0M20xas long as short
Vest HG-PERP+0.0046%1h6.8216+0.010%$82K25xas long as short
BloFin COPPER-USDT+0.0047%4h6.8270+0.089%$88K$144K100xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.8203−0.009%$10.6M$5.0M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.8196−0.019%$4K$5K20xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8236+0.039%$2K$1K5xas long as short
Ondo Perps COPPER-USD.Pshort+0.0050%1h6.8210+0.001%$57K$55K15x
Pacifica COPPER+0.0100%1h6.8235+0.039%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8250+0.060%$278K$36K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8310+0.148%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8237+0.041%$31210xas long as short
Phoenix COPPER+0.0106%1h6.8258+0.072%$45K$22K20xas long as short
Lighter XCU+0.0152%1h6.8348+0.204%$478K$27K20xas long as short
Kraken Futures PF_XCUUSD+0.0358%1h6.8208−0.002%$34K$178K20xas long as short