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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.020%
Price spread now: Pacifica against Ondo Perps−0.013%7-day average · you buy dearer than you sell
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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · Pacifica: 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: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps COPPER-USD.P6.81020.0050pay 0.0006% / 1h22m 44s$57K$55K15x
ShortPacifica COPPER6.80930.0100get 0.0013% / 1h22m 44s$23K$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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 it
latest
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: −0.013% → 0.000%
−$1.26
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$3.84
Costs to cover
0.130%
Break-even
9.6 days
Slippage unknown: Ondo Perps: no order-book sample; 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 Ondo Perps no order-book sample
Sell Pacifica no order-book sample
Ondo Perps and 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 28 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
Aster XCUUSDT0.0000%4h6.8123+0.031%$32K$27K50xas long as short
Binance COPPERUSDT0.0000%4h6.8125+0.034%$9.1M$33.9M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8074−0.041%$493K$981K50xas long as short
Gate XCU_USDT0.0000%8h6.7960−0.209%$1.3M$523K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8120+0.026%$26.2M$5.0M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8130+0.041%$2.9M$2.0M100xas long as short
Variational Omni COPPER0.0000%4h6.8093−0.013%$734K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8107+0.008%$98K$2.4M25xas long as short
SunX COPPER-USDT0.0000%4h6.8130+0.041%$6.4M20xas long as short
HTX COPPER-USDT0.0000%4h6.8130+0.041%$61K$24K75xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex COPPERUSDT0.0000%4h6.8120+0.026%$4.2M$82K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8083−0.027%$177K250xas long as short
QFEX COPPER-USD+0.0003%1h6.8110+0.012%$1.5M$129K20xas long as short
tradeXYZ xyz:COPPER+0.0009%1h6.8082−0.029%$10.6M$5.0M20xas long as short
edgeX COPPERUSDC+0.0010%4h6.8091−0.015%$94K$317K20xas long as short
Extended XCU-USD+0.0032%1h6.8080−0.033%$275K$2.3M20xas long as short
Vest HG-PERP+0.0046%1h6.8084−0.026%$82K25xas long as short
Phoenix COPPER+0.0047%1h6.8068−0.050%$45K$22K20xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8106+0.006%$1K$2K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.8082−0.029%$4K$5K20xas long as short
Ondo Perps COPPER-USD.Plong+0.0050%1h6.8102long leg$57K$55K15x
BloFin COPPER-USDT+0.0059%4h6.8090−0.018%$88K$138K100xas long as short
Lighter XCU+0.0096%1h6.8224+0.179%$477K$42K20xas long as short
Pacifica COPPERshort+0.0100%1h6.8093−0.013%$23K$14K10x
KuCoin COPPERUSDTM+0.0100%4h6.8120+0.026%$278K$37K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8180+0.115%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8111+0.014%$31110xas long as short
Kraken Futures PF_XCUUSD+0.0108%1h6.8105+0.005%$34K$176K20xas long as short