Funding you earn now, next payment 20:00 UTC+0.0032%/8hpaid last 24h +0.040%
Price spread now: Extended against OKX+0.042%7-day average +0.080% · you sell dearer than you buy
to open and close $10k−$26fees + slippage, both legs, in and out
costs, in % of the position0.261%what the two incomes have to cover
Funding, last 7 days+0.153%+$15 on $10k
+Price spread, last 3 days (all we have)−0.024%−$2 · spread now +0.042%, 7d avg +0.080%
=Together, before fees+0.129%+ Points / potential airdropExtended: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.037% cheaper against OKX than usual: you would sell low and buy high (spread +0.042% now, against its 7-day average of +0.080%). If the spread goes back, that is −$4 on $10k: about 3.9 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.153% in total) that is about 41 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX XCU-USDT-SWAP | 6.7718 | 0 | get 0.0000% / 8h | 4h 52m | $542K | $1.1M | 50x |
| Short | Extended XCU-USD | 6.7747 | 0.0032 | get 0.0004% / 1h | 52m 33s | $239K | $2.9M | 20x |
OKX XCU-USDT-SWAP
Extended XCU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against OKX. 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
- $6.72
- Price spread: +0.042% → +0.080%
- −$3.74
- Slippage, 4 orders
- −$11.14
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$23.16
- Costs to cover
- 0.261%
- Break-even
- 31.1 days
Slippage from OKX: live order book, 5 min ago; Extended: live order book, 3 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 OKX live order book, 5 min ago | 0.15 bp | 7.3 bp −$7 | 15.7 bp −$157 | doesn't fit | doesn't fit |
| Sell Extended live order book, 3 min ago | 0.88 bp | 4.5 bp −$4 | 58.5 bp −$585 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX COPPERUSDC | −0.0019% | 4h | 6.7784 | +0.098% | $93K | $316K | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.7759 | +0.061% | $32K | $52K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.7780 | +0.092% | $9.0M | $34.5M | 100x | as long as short |
| OKX XCU-USDT-SWAPlong | 0.0000% | 8h | 6.7718 | long leg | $542K | $1.1M | 50x | |
| Gate XCU_USDT | 0.0000% | 8h | 6.7640 | −0.115% | $1.3M | $518K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.7780 | +0.092% | $25.6M | $4.1M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.7786 | +0.100% | $752K | $1.6M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.7800 | +0.121% | $86K | $2.0M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.7780 | +0.092% | — | $7.9M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | 6.7810 | +0.136% | $60K | $28K | 75x | as long as short |
edgeX COPPERUSDC
Aster XCUUSDT
Binance COPPERUSDT
Gate XCU_USDT
MEXC COPPER_USDT
Variational Omni COPPER
GRVT COPPER_USDT_Perp
SunX COPPER-USDT
HTX COPPER-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex COPPERUSDT | 0.0000% | 4h | 6.7780 | +0.092% | $4.2M | $79K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.7737 | +0.028% | $176K | — | 250x | as long as short |
| QFEX COPPER-USD | +0.0014% | 1h | 6.7780 | +0.092% | $1.5M | $89K | 20x | as long as short |
| Phoenix COPPER | +0.0024% | 1h | 6.7789 | +0.105% | $45K | $30K | 20x | as long as short |
| Extended XCU-USDshort | +0.0032% | 1h | 6.7747 | +0.042% | $239K | $2.9M | 20x | |
| Vest HG-PERP | +0.0046% | 1h | 6.7734 | +0.024% | — | $82K | 25x | as long as short |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.7750 | +0.047% | $10.5M | $5.8M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.7745 | +0.040% | $897 | $3K | 20x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.7767 | +0.072% | $1K | $3K | 5x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.7784 | +0.097% | $62K | $20K | 15x | as long as short |
| BloFin COPPER-USDT | +0.0052% | 4h | 6.7770 | +0.077% | $89K | $144K | 100x | as long as short |
| Bitget COPPERUSDT | +0.0064% | 4h | 6.7800 | +0.121% | $1.7M | $1.0M | 100x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0095% | 1h | 6.7775 | +0.084% | $26K | $182K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.7778 | +0.088% | $25K | $11K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.7760 | +0.062% | $258K | $25K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.7850 | +0.195% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.7777 | +0.088% | $310 | — | 10x | as long as short |
| Lighter XCU | +0.0112% | 1h | 6.7870 | +0.224% | $475K | $46K | 20x | as long as short |
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
QFEX COPPER-USD
Phoenix COPPER
Vest HG-PERP
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Paradex XCU-USD-PERP
Ondo Perps COPPER-USD.P
BloFin COPPER-USDT
Bitget COPPERUSDT
Kraken Futures PF_XCUUSD
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Lighter XCU