Funding spread now, next payment 14:00 UTC+0.0153%/8h
paid, last 24h+0.006%paid, last 5 days−0.024%to open and closeno order book
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XCU_USDT | 6.7850 | 0 | get 0.0000% / 8h | 1h 32m | $1.3M | $508K | 100x |
| Short | Phoenix COPPER | 6.7979 | 0.0153 | get 0.0019% / 1h | 32m 14s | $43K | $28K | 20x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $32.12
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $10.12
- Break-even
- 4.8 days
Slippage unknown: Gate: live order book, 1 min ago; Phoenix: no order-book sample. Net counts fees only.
Price risk
price view- Price gap now
- +0.190%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost 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, 1 min ago | 3.68 bp | 25.9 bp −$26 | 99.6 bp −$996 | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: 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 27 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| BloFin COPPER-USDT | −0.0043% | 4h | $89K | $125K | 100x | as long as short |
| edgeX COPPERUSDC | −0.0009% | 4h | $93K | $317K | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | $33K | $51K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | $9.2M | $31.8M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | $535K | $990K | 50x | as long as short |
| Gate XCU_USDTlong | 0.0000% | 8h | $1.3M | $508K | 100x | |
| MEXC COPPER_USDT | 0.0000% | 4h | $26.2M | $3.9M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | $1.7M | $972K | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | $807K | $1.4M | — | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | — | $7.1M | 20x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| HTX COPPER-USDT | 0.0000% | 4h | $60K | $29K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | $4.2M | $67K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | $305K | — | 250x | as long as short |
| QFEX COPPER-USD | +0.0019% | 1h | $1.5M | $48K | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | — | $82K | 25x | as long as short |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | $10.5M | $5.5M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | $899 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | $62K | $13K | 15x | as long as short |
| Paradex XCU-USD-PERP | +0.0053% | 8h | $1K | $3K | 5x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | $25K | $9K | 10x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | $311 | — | 10x | as long as short |
| Lighter XCU | +0.0112% | 1h | $476K | $37K | 20x | as long as short |
| Extended XCU-USD | +0.0152% | 1h | $380K | $2.2M | 20x | as long as short |
| Phoenix COPPERshort | +0.0153% | 1h | $43K | $28K | 20x | |
| KuCoin COPPERUSDTM | +0.0414% | 4h | $261K | $8K | 50x | as long as short |
| Kraken Futures PF_XCUUSD | +0.1448% | 1h | $26K | $206K | 20x | as long as short |
Gate XCU_USDT
Phoenix COPPER
BloFin COPPER-USDT
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
MEXC COPPER_USDT
Bitget COPPERUSDT
Variational Omni COPPER
SunX COPPER-USDT
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Paradex XCU-USD-PERP
Pacifica COPPER
Lighter XCU
Extended XCU-USD
KuCoin COPPERUSDTM
Kraken Futures PF_XCUUSD