COPPER

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.046%

Price spread now: SunX against KuCoin+0.029%7-day average −0.029% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.248%−$25 on $10k

Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.029%, 7d avg −0.029%

Together, before fees−0.307%−$31 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.058% dearer against KuCoin than usual: you sell high and buy low (spread +0.029% now, against its 7-day average of −0.029%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 46 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin COPPERUSDTM	6.8250	0.0100	pay 0.0050% / 4h	32m 19s	$278K	$37K	50x
Short	SunX COPPER-USDT	6.8270	0	get 0.0000% / 4h	32m 19s	—	$6.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee SunXbpOrdersPrice spread, now +0.029%Rate

Funding earned: −$21
Price spread: +0.029% → −0.029%: $5.8
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$35.2
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 70 min ago; SunX: live order book, 7 min ago. 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 KuCoin live order book, 70 min ago	15.41 bp	71.7 bp −$72	712.3 bp −$7,123	doesn't fit	doesn't fit
Sell SunX live order book, 7 min ago	46.10 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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
BloFin COPPER-USDT	−0.0027%	4h	6.8310	+0.088%	$88K	$143K	100x	as long as short
Aster XCUUSDT	0.0000%	4h	6.8287	+0.054%	$32K	$28K	50x	as long as short
Binance COPPERUSDT	0.0000%	4h	6.8274	+0.035%	$9.1M	$33.7M	100x	as long as short
OKX XCU-USDT-SWAP	0.0000%	8h	6.8264	+0.021%	$495K	$1.0M	50x	as long as short
Gate XCU_USDT	0.0000%	8h	6.8130	−0.176%	$1.3M	$528K	100x	as long as short
MEXC COPPER_USDT	0.0000%	4h	6.8270	+0.029%	$26.6M	$5.2M	100x	as long as short
Bitget COPPERUSDT	0.0000%	4h	6.8270	+0.029%	$2.9M	$1.6M	100x	as long as short
Variational Omni COPPER	0.0000%	4h	6.8302	+0.076%	$766K	$1.4M	—	as long as short
GRVT COPPER_USDT_Perp	0.0000%	4h	6.8320	+0.102%	$94K	$2.4M	25x	as long as short
SunX COPPER-USDTshort	0.0000%	4h	6.8270	+0.029%	—	$6.2M	20x

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX COPPER-USDT	0.0000%	4h	6.8340	+0.132%	$61K	$24K	75x	as long as short
Phemex COPPERUSDT	0.0000%	4h	6.8150	−0.147%	$4.2M	$82K	100x	as long as short
gTrade (Gains Network) HG/USD	L +0.0002% / S −0.0001%	1h	6.8225	−0.036%	$178K	—	250x	as long as short
edgeX COPPERUSDC	+0.0012%	4h	6.8322	+0.106%	$95K	$318K	20x	as long as short
QFEX COPPER-USD	+0.0017%	1h	6.8260	+0.015%	$1.5M	$128K	20x	as long as short
Vest HG-PERP	+0.0046%	1h	6.8225	−0.037%	—	$82K	25x	as long as short
tradeXYZ xyz:COPPER	+0.0050%	1h	6.8228	−0.032%	$10.6M	$5.0M	20x	as long as short
SoDEX COPPER-USD	+0.0050%	1h	6.8220	−0.044%	$4K	$5K	20x	as long as short
Paradex XCU-USD-PERP	+0.0050%	8h	6.8236	−0.020%	$2K	$1K	5x	as long as short
Ondo Perps COPPER-USD.P	+0.0050%	1h	6.8291	+0.060%	$57K	$55K	15x	as long as short
Pacifica COPPER	+0.0100%	1h	6.8235	−0.022%	$23K	$14K	10x	as long as short
KuCoin COPPERUSDTMlong	+0.0100%	4h	6.8250	long leg	$278K	$37K	50x
Orderly PERP_COPPER_USDC_mythos	+0.0100%	8h	6.8330	+0.117%	$3K	—	10x	as long as short
Aevo COPPER-PERP	+0.0104%	1h	6.8267	+0.025%	$312	—	10x	as long as short
Phoenix COPPER	+0.0106%	1h	6.8335	+0.125%	$45K	$22K	20x	as long as short
Extended XCU-USD	+0.0112%	1h	6.8223	−0.039%	$281K	$2.0M	20x	as long as short
Lighter XCU	+0.0184%	1h	6.8375	+0.183%	$478K	$26K	20x	as long as short
Kraken Futures PF_XCUUSD	+0.0358%	1h	6.8228	−0.032%	$34K	$177K	20x	as long as short