data as of
Settings8H · net · $10k
Funding arb /

COPPER

RWAall COPPER markets
SwapPrice view
Alert
Funding spread now, next payment 16:00 UTC−0.0016%/8h
next payment, per $10,000$0.02paid, last 24h−0.026%paid, last 3 days+0.147%to open and close $10k−$40
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XCU6.78250.0032pay 0.0004% / 1h30m 00s$475K$42K20x
ShortQFEX COPPER-USD6.77100.0016get 0.0002% / 1h30m 00s$1.5M$48K20x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$3.43
Slippage, 4 orders
−$29.74
Fee Lighter: 0 bp × 2 orders
$0
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$43.17
Break-even
never at this rate
Slippage from Lighter: live order book, 12 min ago; QFEX: live order book, 3 min ago.

Price risk

price view
Price gap now
−0.170%
Avg gap 7d
−0.197%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 12 min ago2.80 bp12.2 bp −$1236.3 bp −$363doesn't fitdoesn't fit
Sell QFEX live order book, 3 min ago2.95 bp8.0 bp −$810.4 bp −$104doesn't fitdoesn't fit

COPPER on 27 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
edgeX COPPERUSDC0.0000%4h$93K$318K20xas long as short
Aster XCUUSDT0.0000%4h$32K$52K50xas long as short
Binance COPPERUSDT0.0000%4h$9.0M$33.3M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h$542K$1.0M50xas long as short
Gate XCU_USDT0.0000%8h$1.3M$516K100xas long as short
MEXC COPPER_USDT0.0000%4h$25.9M$4.0M100xas long as short
Bitget COPPERUSDT0.0000%4h$1.7M$1.0M100xas long as short
Variational Omni COPPER0.0000%4h$763K$1.5Mas long as short
SunX COPPER-USDT0.0000%4h$7.8M20xas long as short
HTX COPPER-USDT0.0000%4h$60K$29K75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Phemex COPPERUSDT0.0000%4h$4.2M$71K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h$176K250xas long as short
QFEX COPPER-USDshort+0.0016%1h$1.5M$48K20x
Lighter XCUlong+0.0032%1h$475K$42K20x
Extended XCU-USD+0.0032%1h$243K$2.7M20xas long as short
tradeXYZ xyz:COPPER+0.0040%1h$10.4M$5.6M20xas long as short
Vest HG-PERP+0.0046%1h$82K25xas long as short
SoDEX COPPER-USD+0.0050%1h$896$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h$63K$14K15xas long as short
Paradex XCU-USD-PERP+0.0051%8h$1K$3K5xas long as short
BloFin COPPER-USDT+0.0052%4h$90K$130K100xas long as short
Pacifica COPPER+0.0100%1h$25K$12K10xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h$31010xas long as short
Phoenix COPPER+0.0130%1h$43K$28K20xas long as short
Kraken Futures PF_XCUUSD+0.0432%1h$26K$195K20xas long as short
KuCoin COPPERUSDTM+0.0568%4h$258K$8K50xas long as short