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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.046%
Price spread now: Bitget against Pacifica−0.016%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 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
LongPacifica COPPER6.82510.0100pay 0.0013% / 1h22m 01s$23K$14K10x
ShortBitget COPPERUSDT6.82400get 0.0000% / 4h22m 01s$2.9M$1.7M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.016% → 0.000%
−$1.58
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$42.58
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; Bitget: live order book, 1 min ago. 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 Bitget live order book, 1 min ago0.73 bp8.4 bp −$826.6 bp −$26693.5 bp −$9,353doesn't fit
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
BloFin COPPER-USDT−0.0029%4h6.8280+0.043%$89K$144K100xas long as short
Aster XCUUSDT0.0000%4h6.8262+0.016%$32K$28K50xas long as short
Binance COPPERUSDT0.0000%4h6.8250−0.001%$9.0M$33.7M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8208−0.063%$494K$984K50xas long as short
Gate XCU_USDT0.0000%8h6.8110−0.206%$1.3M$528K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8250−0.001%$26.6M$5.2M100xas long as short
Bitget COPPERUSDTshort0.0000%4h6.8240−0.016%$2.9M$1.7M100x
Variational Omni COPPER0.0000%4h6.8232−0.027%$770K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8290+0.057%$94K$2.4M25xas long as short
SunX COPPER-USDT0.0000%4h6.8270+0.028%$6.1M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX COPPER-USDT0.0000%4h6.8270+0.028%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8150−0.148%$4.2M$83K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8214−0.053%$178K250xas long as short
edgeX COPPERUSDC+0.0016%4h6.8245−0.009%$95K$318K20xas long as short
QFEX COPPER-USD+0.0017%1h6.8250−0.001%$1.5M$134K20xas long as short
Vest HG-PERP+0.0046%1h6.8229−0.032%$82K25xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.8208−0.063%$10.6M$5.0M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.8202−0.071%$4K$5K20xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8245−0.009%$2K$1K5xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8294+0.063%$57K$55K15xas long as short
Pacifica COPPERlong+0.0100%1h6.8251long leg$23K$14K10x
KuCoin COPPERUSDTM+0.0100%4h6.8240−0.016%$278K$37K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8310+0.087%$3K10xas long as short
Extended XCU-USD+0.0104%1h6.8222−0.042%$283K$2.0M20xas long as short
Aevo COPPER-PERP+0.0104%1h6.8245−0.009%$31210xas long as short
Phoenix COPPER+0.0106%1h6.8242−0.013%$45K$22K20xas long as short
Lighter XCU+0.0176%1h6.8352+0.148%$478K$27K20xas long as short
Kraken Futures PF_XCUUSD+0.0358%1h6.8224−0.039%$34K$178K20xas long as short