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= −5.5% APRpaid last 24h −0.020%
Price spread now: Paradex against Pacifica+0.019%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 4 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 · Paradex: 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: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica COPPER6.81250.0100pay 0.0013% / 1h16m 34s$23K$14K10x
ShortParadex XCU-USD-PERP6.81380.0050get 0.0050% / 8h1h 16m$1K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$10.5
Price spread: +0.019% → 0.000%
$1.9
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$20.6
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Pacifica: no order-book sample; Paradex: 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 Paradex no order-book sample
Pacifica and Paradex: 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−0.0018%4h6.8150+0.037%$88K$139K100xas long as short
Aster XCUUSDT0.0000%4h6.8144+0.028%$32K$27K50xas long as short
Binance COPPERUSDT0.0000%4h6.8159+0.050%$9.1M$33.9M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8095−0.044%$487K$990K50xas long as short
Gate XCU_USDT0.0000%8h6.7980−0.213%$1.3M$523K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8150+0.037%$26.2M$5.0M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8160+0.051%$2.9M$2.0M100xas long as short
Variational Omni COPPER0.0000%4h6.8103−0.032%$748K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8100−0.037%$88K$2.4M25xas long as short
SunX COPPER-USDT0.0000%4h6.8130+0.007%$6.4M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX COPPER-USDT0.0000%4h6.8120−0.007%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8150+0.037%$4.2M$82K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8102−0.034%$178K250xas long as short
QFEX COPPER-USD+0.0003%1h6.8150+0.037%$1.5M$128K20xas long as short
edgeX COPPERUSDC+0.0014%4h6.8074−0.075%$94K$319K20xas long as short
tradeXYZ xyz:COPPER+0.0032%1h6.8120−0.007%$10.6M$5.0M20xas long as short
Extended XCU-USD+0.0032%1h6.8111−0.020%$275K$2.3M20xas long as short
Vest HG-PERP+0.0046%1h6.8079−0.068%$82K25xas long as short
Phoenix COPPER+0.0047%1h6.8071−0.079%$45K$22K20xas long as short
Paradex XCU-USD-PERPshort+0.0050%8h6.8138+0.019%$1K$2K5x
SoDEX COPPER-USD+0.0050%1h6.8107−0.027%$4K$5K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8055−0.103%$57K$55K15xas long as short
Pacifica COPPERlong+0.0100%1h6.8125long leg$23K$14K10x
KuCoin COPPERUSDTM+0.0100%4h6.8140+0.022%$278K$37K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8190+0.095%$3K10xas long as short
Lighter XCU+0.0104%1h6.8260+0.198%$477K$42K20xas long as short
Aevo COPPER-PERP+0.0104%1h6.8125−0.001%$31110xas long as short
Kraken Futures PF_XCUUSD+0.0108%1h6.8128+0.005%$34K$176K20xas long as short