Funding you earn now, next payment 11:00 UTC+0.0050%/8h= +5.4% APRpaid last 24h +0.017%
Price spread now: Orderly against Ondo Perps+0.114%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Orderly is 0.114% dearer against Ondo Perps than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps COPPER-USD.P | 6.8432 | 0.0050 | pay 0.0006% / 1h | 45m 18s | $59K | $52K | 15x |
| Short | Orderly PERP_COPPER_USDC_mythos | 6.8510 | 0.0100 | get 0.0100% / 8h | 5h 45m | $3K | — | 10x |
Ondo Perps COPPER-USD.P
Orderly PERP_COPPER_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Ondo Perps. 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
- $10.42
- Price spread: +0.114% → 0.000%
- $11.4
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $10.81
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; Orderly: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Ondo Perps and Orderly: 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 28 exchanges
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 | −0.0016% | 4h | 6.8450 | +0.026% | $89K | $158K | 100x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8468 | +0.052% | $35K | $31K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8456 | +0.035% | $9.0M | $32.0M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8388 | −0.064% | $510K | $805K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.8290 | −0.208% | $1.3M | $181K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8440 | +0.012% | $26.3M | $5.6M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8420 | −0.018% | $3.6M | $1.9M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8428 | −0.007% | $774K | $538K | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8465 | +0.048% | $92K | $2.3M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.8440 | +0.012% | — | $4.8M | 20x | as long as short |
BloFin COPPER-USDT
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Bitget COPPERUSDT
Variational Omni COPPER
GRVT COPPER_USDT_Perp
SunX COPPER-USDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX COPPER-USDT | 0.0000% | 4h | 6.8480 | +0.070% | $61K | $71K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8390 | −0.061% | $4.2M | $82K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.8425 | −0.010% | $178K | — | 250x | as long as short |
| QFEX COPPER-USD | +0.0011% | 1h | 6.8420 | −0.018% | $1.5M | $150K | 20x | as long as short |
| edgeX COPPERUSDC | +0.0011% | 4h | 6.8449 | +0.025% | $95K | $321K | 20x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.8522 | +0.132% | $480K | $25K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.8429 | −0.005% | $271K | $1.7M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8406 | −0.038% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.8415 | −0.025% | $10.8M | $3.8M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8427 | −0.007% | $906 | $6K | 20x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8394 | −0.055% | $2K | $825 | 5x | as long as short |
| Ondo Perps COPPER-USD.Plong | +0.0050% | 1h | 6.8432 | long leg | $59K | $52K | 15x | |
| Phoenix COPPER | +0.0093% | 1h | 6.8443 | +0.016% | $44K | $18K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8403 | −0.043% | $24K | $13K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8460 | +0.041% | $267K | $39K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythosshort | +0.0100% | 8h | 6.8510 | +0.114% | $3K | — | 10x | |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8433 | +0.002% | $313 | — | 10x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0337% | 1h | 6.8447 | +0.022% | $34K | $180K | 20x | as long as short |
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
QFEX COPPER-USD
edgeX COPPERUSDC
Lighter XCU
Extended XCU-USD
Vest HG-PERP
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Paradex XCU-USD-PERP
Phoenix COPPER
Pacifica COPPER
KuCoin COPPERUSDTM
Aevo COPPER-PERP
Kraken Futures PF_XCUUSD