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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.052%
Price spread now: Aster against Paradex−0.008%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: 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: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex XCU-USD-PERP6.80960.0050pay 0.0050% / 8h7h 48m$1K$3K5x
ShortAster XCUUSDT6.80910get 0.0000% / 4h3h 48m$32K$36K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Paradex. 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: −0.008% → 0.000%
−$0.77
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Aster: 4 bp × 2 orders
−$8
Net
−$23.27
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Paradex: 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 Paradex no order-book sample
Sell Aster no order-book sample
Paradex 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 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
Kraken Futures PF_XCUUSD−0.0448%1h6.7963−0.196%$28K$174K20xas long as short
edgeX COPPERUSDC−0.0016%4h6.8080−0.024%$93K$318K20xas long as short
Aster XCUUSDTshort0.0000%4h6.8091−0.008%$32K$36K50x
Binance COPPERUSDT0.0000%4h6.8105+0.013%$9.0M$34.1M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8081−0.023%$470K$991K50xas long as short
Gate XCU_USDT0.0000%8h6.7960−0.200%$1.3M$491K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8110+0.020%$26.9M$4.9M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8110+0.020%$1.7M$1.0M100xas long as short
Variational Omni COPPER0.0000%4h6.8094−0.003%$741K$1.6Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8100+0.005%$94K$2.2M25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX COPPER-USDT0.0000%4h6.8110+0.020%$7.4M20xas long as short
HTX COPPER-USDT0.0000%4h6.8130+0.049%$60K$27K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7940−0.230%$4.2M$78K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8075−0.032%$177K250xas long as short
QFEX COPPER-USD+0.0004%1h6.8090−0.009%$1.5M$139K20xas long as short
BloFin COPPER-USDT+0.0028%4h6.8080−0.024%$87K$150K100xas long as short
Vest HG-PERP+0.0046%1h6.8060−0.053%$82K25xas long as short
Paradex XCU-USD-PERPlong+0.0050%8h6.8096long leg$1K$3K5x
tradeXYZ xyz:COPPER+0.0050%1h6.8070−0.039%$10.4M$5.1M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.8078−0.027%$901$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8059−0.055%$57K$55K15xas long as short
Lighter XCU+0.0064%1h6.8188+0.135%$477K$45K20xas long as short
Pacifica COPPER+0.0100%1h6.8077−0.029%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8030−0.097%$258K$25K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8150+0.079%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8098+0.002%$31110xas long as short
Phoenix COPPER+0.0118%1h6.8095−0.002%$45K$30K20xas long as short
Extended XCU-USD+0.0376%1h6.8063−0.049%$228K$2.9M20xas long as short