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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.046%
Price spread now: Aster against Pacifica+0.008%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 6 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 · Aster: Stage 5 · 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
LongPacifica COPPER6.84790.0100pay 0.0013% / 1h28m 11s$24K$13K10x
ShortAster XCUUSDT6.84850get 0.0000% / 4h1h 28m$35K$31K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Pacifica. 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: +0.008% → 0.000%
$0.8
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$36.2
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; Aster: 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 Pacifica no order-book sample
Sell Aster no order-book sample
Pacifica and Aster: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin COPPER-USDT−0.0043%4h6.8490+0.016%$89K$159K100xas long as short
Aster XCUUSDTshort0.0000%4h6.8485+0.008%$35K$31K50x
Binance COPPERUSDT0.0000%4h6.8482+0.005%$9.0M$32.0M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8388−0.133%$516K$806K50xas long as short
Gate XCU_USDT0.0000%8h6.8330−0.218%$1.3M$181K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8480+0.001%$26.2M$5.7M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8450−0.042%$3.9M$2.1M100xas long as short
Variational Omni COPPER0.0000%4h6.8429−0.073%$775K$538Kas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8450−0.042%$87K$2.3M25xas long as short
SunX COPPER-USDT0.0000%4h6.8480+0.001%$4.7M20xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX COPPER-USDT0.0000%4h6.8500+0.031%$61K$71K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8420−0.086%$4.2M$82K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8454−0.036%$178K250xas long as short
edgeX COPPERUSDC+0.0009%4h6.8430−0.072%$95K$321K20xas long as short
QFEX COPPER-USD+0.0011%1h6.8450−0.042%$1.5M$150K20xas long as short
Lighter XCU+0.0032%1h6.8555+0.111%$480K$25K20xas long as short
Extended XCU-USD+0.0032%1h6.8461−0.026%$267K$1.7M20xas long as short
Vest HG-PERP+0.0046%1h6.8458−0.031%$36K25xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.8442−0.054%$10.8M$3.8M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.8447−0.047%$906$6K20xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8459−0.030%$2K$8255xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8399−0.117%$59K$54K15xas long as short
Phoenix COPPER+0.0093%1h6.8455−0.035%$44K$18K20xas long as short
Pacifica COPPERlong+0.0100%1h6.8479long leg$24K$13K10x
KuCoin COPPERUSDTM+0.0100%4h6.8480+0.001%$267K$39K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8520+0.060%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8466−0.019%$31310xas long as short
Kraken Futures PF_XCUUSD+0.0337%1h6.8433−0.067%$34K$180K20xas long as short