Funding you earn now, next payment 20:00 UTC−0.0036%/8hpaid last 24h 0.000%
Price spread now: QFEX against Paradex+0.005%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex XCU-USD-PERP | 6.7896 | 0.0050 | pay 0.0050% / 8h | 4h 22m | $1K | $3K | 5x |
| Short | QFEX COPPER-USD | 6.7900 | 0.0014 | get 0.0002% / 1h | 22m 15s | $1.5M | $91K | 20x |
Paradex XCU-USD-PERP
QFEX COPPER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Paradex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$7.62
- Price spread: +0.005% → 0.000%
- $0.54
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$21.08
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; QFEX: live order book, 8 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Paradex no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 8 min ago | 2.21 bp | 7.2 bp −$7 | 10.7 bp −$107 | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX COPPERUSDC | −0.0004% | 4h | 6.7885 | −0.016% | $93K | $316K | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.7870 | −0.038% | $32K | $52K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.7919 | +0.033% | $9.0M | $34.7M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.7854 | −0.062% | $476K | $1.2M | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.7750 | −0.216% | $1.3M | $518K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.7910 | +0.020% | $25.6M | $4.1M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.7885 | −0.017% | $753K | $1.6M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.7900 | +0.005% | $95K | $2.0M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.7920 | +0.035% | — | $7.9M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | 6.7930 | +0.050% | $60K | $28K | 75x | as long as short |
edgeX COPPERUSDC
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Variational Omni COPPER
GRVT COPPER_USDT_Perp
SunX COPPER-USDT
HTX COPPER-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex COPPERUSDT | 0.0000% | 4h | 6.7900 | +0.005% | $4.2M | $80K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.7851 | −0.066% | $176K | — | 250x | as long as short |
| BloFin COPPER-USDT | +0.0010% | 4h | 6.7910 | +0.020% | $89K | $147K | 100x | as long as short |
| QFEX COPPER-USDshort | +0.0014% | 1h | 6.7900 | +0.005% | $1.5M | $91K | 20x | |
| Phoenix COPPER | +0.0024% | 1h | 6.7865 | −0.046% | $45K | $30K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.7857 | −0.058% | $240K | $2.9M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.7850 | −0.068% | — | $82K | 25x | as long as short |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.7866 | −0.045% | $10.5M | $5.8M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.7857 | −0.058% | $899 | $3K | 20x | as long as short |
| Paradex XCU-USD-PERPlong | +0.0050% | 8h | 6.7896 | long leg | $1K | $3K | 5x | |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.7881 | −0.023% | $62K | $20K | 15x | as long as short |
| Bitget COPPERUSDT | +0.0086% | 4h | 6.7920 | +0.035% | $1.7M | $1.0M | 100x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0095% | 1h | 6.7897 | 0.000% | $26K | $209K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.7911 | +0.022% | $25K | $11K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.7870 | −0.039% | $258K | $25K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.7970 | +0.108% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.7907 | +0.015% | $310 | — | 10x | as long as short |
| Lighter XCU | +0.0144% | 1h | 6.7977 | +0.119% | $476K | $46K | 20x | as long as short |
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
BloFin COPPER-USDT
Phoenix COPPER
Extended XCU-USD
Vest HG-PERP
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Ondo Perps COPPER-USD.P
Bitget COPPERUSDT
Kraken Futures PF_XCUUSD
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Lighter XCU