Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.067%
Price spread now: KuCoin against MEXC+0.044%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1491.488% of the position
Funding, last 7 days+0.513%+$51 on $10k
+Price spread, last 4 days (all we have)+0.091%+$9 · spread now +0.044%, 7d avg +0.029%
=The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC COPPER_USDT | 6.8210 | 0 | get 0.0000% / 4h | 3h 19m | $26.3M | $5.8M | 100x |
| Short | KuCoin COPPERUSDTM | 6.8240 | 0.0100 | get 0.0050% / 4h | 3h 19m | $266K | $39K | 50x |
MEXC COPPER_USDT
KuCoin COPPERUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against MEXC. 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
- $21
- Price spread: +0.044% → +0.029%
- $1.5
- Slippage, 4 orders
- −$136.77
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$126.27
- Costs to cover
- 1.488%
- Break-even
- 49.1 days
Slippage from MEXC: live order book, 4 min ago; KuCoin: live order book, 2 min ago.
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 MEXC live order book, 4 min ago | 0.73 bp | 0.7 bp −$1 | 2.6 bp −$26 | 12.5 bp −$1,254 | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 10.27 bp | 94.4 bp −$94 | 486.5 bp −$4,865 | 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 | −0.0015% | 4h | 6.8180 | −0.044% | $89K | $149K | 100x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8224 | +0.021% | $32K | $28K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8223 | +0.019% | $9.1M | $33.4M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8178 | −0.047% | $496K | $988K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.8060 | −0.220% | $1.3M | $510K | 100x | as long as short |
| MEXC COPPER_USDTlong | 0.0000% | 4h | 6.8210 | long leg | $26.3M | $5.8M | 100x | |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8220 | +0.015% | $2.9M | $1.6M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8185 | −0.036% | $763K | $1.4M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8180 | −0.044% | $91K | $2.4M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.8190 | −0.029% | — | $5.7M | 20x | as long as short |
BloFin COPPER-USDT
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
Bitget COPPERUSDT
Variational Omni COPPER
GRVT COPPER_USDT_Perp
SunX COPPER-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX COPPER-USDT | 0.0000% | 4h | 6.8180 | −0.044% | $61K | $26K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8180 | −0.044% | $4.2M | $83K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.8148 | −0.092% | $178K | — | 250x | as long as short |
| edgeX COPPERUSDC | +0.0016% | 4h | 6.8160 | −0.073% | $94K | $319K | 20x | as long as short |
| QFEX COPPER-USD | +0.0018% | 1h | 6.8200 | −0.015% | $1.5M | $142K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.8172 | −0.055% | $273K | $1.8M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8146 | −0.094% | — | $82K | 25x | as long as short |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.8215 | +0.007% | $10.8M | $4.1M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8149 | −0.089% | $902 | $6K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8133 | −0.113% | $57K | $53K | 15x | as long as short |
| Paradex XCU-USD-PERP | +0.0051% | 8h | 6.8195 | −0.023% | $2K | $1K | 5x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0076% | 1h | 6.8161 | −0.072% | $34K | $178K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8211 | +0.001% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTMshort | +0.0100% | 4h | 6.8240 | +0.044% | $266K | $39K | 50x | |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8240 | +0.044% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8171 | −0.057% | $312 | — | 10x | as long as short |
| Lighter XCU | +0.0128% | 1h | 6.8335 | +0.183% | $478K | $27K | 20x | as long as short |
| Phoenix COPPER | +0.0129% | 1h | 6.8137 | −0.107% | $45K | $22K | 20x | as long as short |
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
edgeX COPPERUSDC
QFEX COPPER-USD
Extended XCU-USD
Vest HG-PERP
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Ondo Perps COPPER-USD.P
Paradex XCU-USD-PERP
Kraken Futures PF_XCUUSD
Pacifica COPPER
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Lighter XCU
Phoenix COPPER