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+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.017%
Price spread now: Pacifica against SoDEX+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 3 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: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX COPPER-USD6.82670.0050pay 0.0006% / 1h10m 23s$4K$5K20x
ShortPacifica COPPER6.82720.0100get 0.0013% / 1h10m 23s$23K$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against SoDEX. 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 SoDEX: 4 bp × 2 orders
−$8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$4.73
Costs to cover
0.160%
Break-even
10.2 days
Slippage unknown: SoDEX: no order-book sample; Pacifica: 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 SoDEX no order-book sample
Sell Pacifica no order-book sample
SoDEX and 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−0.0032%4h6.8320+0.078%$89K$149K100xas long as short
Aster XCUUSDT0.0000%4h6.8320+0.078%$32K$28K50xas long as short
Binance COPPERUSDT0.0000%4h6.8310+0.063%$9.0M$33.5M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8240−0.040%$496K$975K50xas long as short
Gate XCU_USDT0.0000%8h6.8150−0.171%$1.3M$529K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8300+0.048%$26.7M$5.3M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8310+0.063%$2.9M$1.7M100xas long as short
Variational Omni COPPER0.0000%4h6.8286+0.029%$766K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8320+0.078%$94K$2.4M25xas long as short
SunX COPPER-USDT0.0000%4h6.8300+0.048%$6.1M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX COPPER-USDT0.0000%4h6.8330+0.092%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8170−0.142%$4.2M$83K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8290+0.034%$178K250xas long as short
edgeX COPPERUSDC+0.0003%4h6.8215−0.076%$95K$320K20xas long as short
QFEX COPPER-USD+0.0017%1h6.8310+0.063%$1.5M$137K20xas long as short
Extended XCU-USD+0.0032%1h6.8289+0.032%$274K$2.0M20xas long as short
Vest HG-PERP+0.0046%1h6.8288+0.031%$82K25xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.8272+0.007%$10.6M$5.0M20xas long as short
SoDEX COPPER-USDlong+0.0050%1h6.8267long leg$4K$5K20x
Paradex XCU-USD-PERP+0.0050%8h6.8272+0.008%$2K$1K5xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8247−0.029%$57K$55K15xas long as short
Pacifica COPPERshort+0.0100%1h6.8272+0.008%$23K$14K10x
KuCoin COPPERUSDTM+0.0100%4h6.8300+0.048%$278K$36K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8370+0.151%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8304+0.054%$31210xas long as short
Phoenix COPPER+0.0106%1h6.8275+0.012%$45K$22K20xas long as short
Lighter XCU+0.0168%1h6.8396+0.189%$479K$27K20xas long as short
Kraken Futures PF_XCUUSD+0.0358%1h6.8263−0.006%$34K$178K20xas long as short