Funding spread now, next payment 17:00 UTC−0.0189%/8h
paid, last 24h+0.195%paid, last 4 days+3.457%to open and close $10k−$54
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XCUUSD | 6.7695 | 0.0189 | pay 0.0024% / 1h | 9m 12s | $26K | $73K | 20x |
| Short | MEXC COPPER_USDT | 6.7700 | 0 | get 0.0000% / 4h | 3h 09m | $25.7M | $4.0M | 100x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$39.69
- Slippage, 4 orders
- −$44.08
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$93.77
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 35 min ago; MEXC: live order book, 1 min ago.
Price risk
price view- Price gap now
- +0.007%
- Avg gap 7d
- +0.039%
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 Kraken Futures live order book, 35 min ago | 11.07 bp | 29.4 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.74 bp | 0.7 bp −$1 | 1.7 bp −$17 | 6.9 bp −$690 | 267.1 bp −$133.6K |
COPPER on 27 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| edgeX COPPERUSDC | −0.0002% | 4h | $93K | $316K | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | $9.0M | $34.0M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | $538K | $1.1M | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | $1.3M | $517K | 100x | as long as short |
| MEXC COPPER_USDTshort | 0.0000% | 4h | $25.7M | $4.0M | 100x | |
| Variational Omni COPPER | 0.0000% | 4h | $747K | $1.5M | — | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | — | $7.9M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | $60K | $29K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | $4.2M | $75K | 100x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
| QFEX COPPER-USD | +0.0011% | 1h | $1.5M | $51K | 20x | as long as short |
| BloFin COPPER-USDT | +0.0019% | 4h | $89K | $133K | 100x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | $258K | $2.7M | 20x | as long as short |
| Bitget COPPERUSDT | +0.0040% | 4h | $1.7M | $1.0M | 100x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | — | $82K | 25x | as long as short |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | $10.4M | $5.6M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | $896 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | $62K | $16K | 15x | as long as short |
| Paradex XCU-USD-PERP | +0.0052% | 8h | $1K | $3K | 5x | as long as short |
| Phoenix COPPER | +0.0059% | 1h | $43K | $28K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | $257K | $25K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | $309 | — | 10x | as long as short |
| Lighter XCU | +0.0168% | 1h | $474K | $43K | 20x | as long as short |
| Kraken Futures PF_XCUUSDlong | +0.0189% | 1h | $26K | $73K | 20x |
Kraken Futures PF_XCUUSD
MEXC COPPER_USDT
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
Variational Omni COPPER
SunX COPPER-USDT
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
BloFin COPPER-USDT
Extended XCU-USD
Bitget COPPERUSDT
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Paradex XCU-USD-PERP
Phoenix COPPER
Pacifica COPPER
KuCoin COPPERUSDTM
Lighter XCU