Funding you earn now, next payment 06:00 UTC+0.0580%/8h= +63.5% APRnext payment +$0.72 per $10,000 · paid last 24h +0.101%
Price spread now: Pacifica against Kraken Futures+0.001%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$17 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XCUUSD | 6.8334 | −0.0480 | get 0.0060% / 1h | 48m 01s | $35K | $176K | 20x |
| Short | Pacifica COPPER | 6.8335 | 0.0100 | get 0.0013% / 1h | 48m 01s | $23K | $14K | 10x |
Kraken Futures PF_XCUUSD
Pacifica COPPERFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Kraken Futures. 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
- $121.75
- Price spread: +0.001% → 0.000%
- $0.14
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $103.89
- Costs to cover
- 0.180%
- Break-even
- 1.0 days
Slippage unknown: Kraken Futures: live order book, 64 min ago; Pacifica: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 64 min ago | 9.16 bp | 25.1 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Pacifica no order-book sample | — | — | — | — | — |
Pacifica: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XCUUSDlong | −0.0480% | 1h | 6.8334 | long leg | $35K | $176K | 20x | |
| QFEX COPPER-USD | −0.0001% | 1h | 6.8330 | −0.006% | $1.5M | $129K | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8348 | +0.021% | $32K | $27K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8345 | +0.016% | $9.1M | $33.0M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8300 | −0.050% | $490K | $970K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.8140 | −0.284% | $1.3M | $520K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8340 | +0.009% | $26.8M | $4.6M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8330 | −0.006% | $2.5M | $1.7M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8313 | −0.031% | $741K | $1.4M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8320 | −0.020% | $91K | $2.2M | 25x | as long as short |
QFEX COPPER-USD
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Bitget COPPERUSDT
Variational Omni COPPER
GRVT COPPER_USDT_PerpShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX COPPER-USDT | 0.0000% | 4h | 6.8330 | −0.006% | — | $6.6M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | 6.8360 | +0.038% | $61K | $24K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8190 | −0.211% | $4.2M | $79K | 100x | as long as short |
| tradeXYZ xyz:COPPER | 0.0000% | 1h | 6.8312 | −0.032% | $10.6M | $4.9M | 20x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.8336 | +0.004% | $178K | — | 250x | as long as short |
| edgeX COPPERUSDC | +0.0010% | 4h | 6.8283 | −0.074% | $95K | $318K | 20x | as long as short |
| BloFin COPPER-USDT | +0.0014% | 4h | 6.8310 | −0.035% | $88K | $138K | 100x | as long as short |
| Phoenix COPPER | +0.0023% | 1h | 6.8311 | −0.034% | $45K | $23K | 20x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.8443 | +0.160% | $478K | $39K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.8333 | −0.001% | $275K | $2.5M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8333 | −0.001% | — | $82K | 25x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8322 | −0.017% | $2K | $2K | 5x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8305 | −0.042% | $904 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8310 | −0.035% | $57K | $55K | 15x | as long as short |
| Pacifica COPPERshort | +0.0100% | 1h | 6.8335 | +0.001% | $23K | $14K | 10x | |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8350 | +0.024% | $279K | $35K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8380 | +0.067% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8332 | −0.003% | $312 | — | 10x | as long as short |
SunX COPPER-USDT
HTX COPPER-USDT
Phemex COPPERUSDT
tradeXYZ xyz:COPPER
gTrade (Gains Network) HG/USD
edgeX COPPERUSDC
BloFin COPPER-USDT
Phoenix COPPER
Lighter XCU
Extended XCU-USD
Vest HG-PERP
Paradex XCU-USD-PERP
SoDEX COPPER-USD
Ondo Perps COPPER-USD.P
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP