Settings8H · net · $10k
Funding arb · Price arb /

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.085%
Price spread now: Pacifica against MEXC+0.009%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC COPPER_USDT6.80300get 0.0000% / 4h2h 17m$26.0M$5.0M100x
ShortPacifica COPPER6.80360.0100get 0.0013% / 1h17m 56s$23K$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against MEXC. 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

Funding earned
$21
Price spread: +0.009% → 0.000%
$0.91
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$13.91
Costs to cover
0.080%
Break-even
2.4 days
Slippage unknown: MEXC: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 1 min ago0.74 bp0.7 bp −$12.9 bp −$2911.9 bp −$1,189224.4 bp −$112.2K
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 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_XCUUSD−0.1014%1h6.8020−0.014%$32K$176K20xas long as short
tradeXYZ xyz:COPPER−0.0130%1h6.8000−0.044%$10.4M$4.8M20xas long as short
Aster XCUUSDT0.0000%4h6.8057+0.040%$32K$35K50xas long as short
Binance COPPERUSDT0.0000%4h6.8040+0.015%$9.0M$32.1M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8029−0.001%$472K$931K50xas long as short
Gate XCU_USDT0.0000%8h6.7890−0.206%$1.3M$478K100xas long as short
MEXC COPPER_USDTlong0.0000%4h6.8030long leg$26.0M$5.0M100x
Bitget COPPERUSDT0.0000%4h6.8050+0.029%$1.7M$1.0M100xas long as short
Variational Omni COPPER0.0000%4h6.8012−0.026%$741K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8000−0.044%$88K$2.0M25xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX COPPER-USDT0.0000%4h6.8020−0.015%$6.8M20xas long as short
HTX COPPER-USDT0.0000%4h6.8070+0.059%$61K$26K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7970−0.088%$4.2M$74K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8044+0.021%$177K250xas long as short
QFEX COPPER-USD+0.0006%1h6.8020−0.015%$1.5M$129K20xas long as short
edgeX COPPERUSDC+0.0019%4h6.7998−0.047%$94K$318K20xas long as short
Lighter XCU+0.0032%1h6.8144+0.168%$477K$39K20xas long as short
Phoenix COPPER+0.0035%1h6.8001−0.043%$45K$30K20xas long as short
Vest HG-PERP+0.0046%1h6.8031+0.001%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8044+0.020%$1K$2K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.8017−0.019%$901$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8020−0.015%$56K$55K15xas long as short
Pacifica COPPERshort+0.0100%1h6.8036+0.009%$23K$14K10x
KuCoin COPPERUSDTM+0.0100%4h6.8050+0.029%$258K$23K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8090+0.088%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8027−0.004%$31110xas long as short
Extended XCU-USD+0.0328%1h6.8029−0.002%$232K$2.9M20xas long as short