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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.026%
Price spread now: Aevo against SunX−0.001%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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
LongSunX COPPER-USDT6.79600get 0.0000% / 4h1h 46m$7.7M20x
ShortAevo COPPER-PERP6.79590.0104get 0.0013% / 1h46m 46s$31110x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against SunX. 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
$21.84
Price spread: −0.001% → 0.000%
−$0.09
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$2.25
Costs to cover
0.240%
Break-even
7.7 days
Slippage unknown: SunX: live order book, 12 min ago; Aevo: 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 SunX live order book, 12 min ago46.40 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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−0.0043%4h6.7940−0.029%$87K$149K100xas long as short
tradeXYZ xyz:COPPER−0.0026%1h6.7932−0.041%$10.4M$5.8M20xas long as short
QFEX COPPER-USD−0.0015%1h6.7950−0.015%$1.5M$135K20xas long as short
edgeX COPPERUSDC−0.0002%4h6.7945−0.022%$93K$317K20xas long as short
Aster XCUUSDT0.0000%4h6.7953−0.011%$32K$52K50xas long as short
Binance COPPERUSDT0.0000%4h6.7970+0.015%$8.9M$34.7M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.7886−0.109%$466K$1.2M50xas long as short
Gate XCU_USDT0.0000%8h6.7810−0.221%$1.3M$499K100xas long as short
MEXC COPPER_USDT0.0000%4h6.7970+0.015%$27.0M$5.1M100xas long as short
Bitget COPPERUSDT0.0000%4h6.79600.000%$1.7M$1.0M100xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni COPPER0.0000%4h6.7939−0.031%$735K$1.6Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.7950−0.015%$90K$2.2M25xas long as short
SunX COPPER-USDTlong0.0000%4h6.7960long leg$7.7M20x
HTX COPPER-USDT0.0000%4h6.7990+0.044%$60K$28K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7950−0.015%$4.2M$82K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.7931−0.043%$176K10xas long as short
Lighter XCU+0.0032%1h6.8031+0.104%$476K$45K20xas long as short
Extended XCU-USD+0.0032%1h6.7939−0.031%$229K$2.9M20xas long as short
Vest HG-PERP+0.0046%1h6.7926−0.050%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.7953−0.010%$1K$3K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.7923−0.054%$899$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.7989+0.043%$56K$32K15xas long as short
Kraken Futures PF_XCUUSD+0.0060%1h6.7948−0.017%$26K$176K20xas long as short
Pacifica COPPER+0.0100%1h6.7960−0.001%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.7940−0.029%$258K$26K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8000+0.059%$3K10xas long as short
Aevo COPPER-PERPshort+0.0104%1h6.7959−0.001%$31110x
Phoenix COPPER+0.0329%1h6.7942−0.026%$45K$30K20xas long as short