Funding you earn now, next payment 11:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.045%
Price spread now: Extended against Gate+0.221%7-day average +0.103% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$710.708% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 7 days−0.176%−$18 · spread now +0.221%, 7d avg +0.103%
=Together, before fees−0.098%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.117% dearer against Gate than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.103%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XCU_USDT | 6.8380 | 0 | get 0.0000% / 8h | 5h 06m | $1.3M | $181K | 100x |
| Short | Extended XCU-USD | 6.8531 | 0.0032 | get 0.0004% / 1h | 6m 26s | $267K | $1.7M | 20x |
Gate XCU_USDT
Extended XCU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Gate. 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
- $6.72
- Price spread: +0.221% → +0.103%
- $11.74
- Slippage, 4 orders
- −$50.8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$52.33
- Costs to cover
- 0.708%
- Break-even
- 61.5 days
Slippage from Gate: live order book, 4 min ago; Extended: live order book, 5 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 Gate live order book, 4 min ago | 0.73 bp | 22.7 bp −$23 | 92.7 bp −$927 | doesn't fit | doesn't fit |
| Sell Extended live order book, 5 min ago | 1.02 bp | 4.7 bp −$5 | 61.6 bp −$616 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin COPPER-USDT | −0.0011% | 4h | 6.8500 | +0.175% | $90K | $154K | 100x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8567 | +0.273% | $35K | $31K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8573 | +0.282% | $9.1M | $32.1M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8490 | +0.161% | $519K | $810K | 50x | as long as short |
| Gate XCU_USDTlong | 0.0000% | 8h | 6.8380 | long leg | $1.3M | $181K | 100x | |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8560 | +0.263% | $26.3M | $5.7M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8550 | +0.249% | $3.9M | $2.1M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8478 | +0.144% | $773K | $540K | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8539 | +0.233% | $91K | $2.3M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.8550 | +0.249% | — | $4.6M | 20x | as long as short |
BloFin COPPER-USDT
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
MEXC COPPER_USDT
Bitget COPPERUSDT
Variational Omni COPPER
GRVT COPPER_USDT_Perp
SunX COPPER-USDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX COPPER-USDT | 0.0000% | 4h | 6.8560 | +0.263% | $61K | $71K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8420 | +0.058% | $4.2M | $82K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.8516 | +0.199% | $179K | — | 250x | as long as short |
| QFEX COPPER-USD | +0.0011% | 1h | 6.8540 | +0.234% | $1.5M | $151K | 20x | as long as short |
| edgeX COPPERUSDC | +0.0016% | 4h | 6.8505 | +0.183% | $95K | $320K | 20x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.8634 | +0.371% | $481K | $25K | 20x | as long as short |
| Extended XCU-USDshort | +0.0032% | 1h | 6.8531 | +0.221% | $267K | $1.7M | 20x | |
| Vest HG-PERP | +0.0046% | 1h | 6.8535 | +0.227% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.8553 | +0.253% | $10.9M | $3.9M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8532 | +0.222% | $908 | $6K | 20x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8541 | +0.236% | $2K | $825 | 5x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8526 | +0.214% | $59K | $54K | 15x | as long as short |
| Phoenix COPPER | +0.0093% | 1h | 6.8543 | +0.238% | $45K | $18K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8546 | +0.243% | $24K | $13K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8560 | +0.263% | $267K | $39K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8620 | +0.351% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8553 | +0.253% | $313 | — | 10x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0336% | 1h | 6.8539 | +0.233% | $34K | $180K | 20x | as long as short |
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
QFEX COPPER-USD
edgeX COPPERUSDC
Lighter XCU
Vest HG-PERP
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Paradex XCU-USD-PERP
Ondo Perps COPPER-USD.P
Phoenix COPPER
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Kraken Futures PF_XCUUSD