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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.016%
Price spread now: Bitget against SunX−0.015%7-day average +0.016% · 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 7 days−0.222%−$22 on $10k
Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.015%, 7d avg +0.016%
Together, before fees−0.232%−$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.031% cheaper against SunX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX COPPER-USDT6.83300get 0.0000% / 4h3h 22m$6.6M20x
ShortBitget COPPERUSDT6.83200get 0.0000% / 4h3h 22m$2.5M$1.7M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$0
Price spread: −0.015% → +0.016%
−$3.05
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$23.05
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 6 min ago; Bitget: live order book, 5 min ago. 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, 6 min ago46.12 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago0.73 bp10.0 bp −$1032.8 bp −$328103.3 bp −$10.3Kdoesn't fit

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−0.0403%1h6.8287−0.062%$35K$176K20xas long as short
tradeXYZ xyz:COPPER−0.0042%1h6.8305−0.037%$10.6M$4.8M20xas long as short
QFEX COPPER-USD−0.0003%1h6.8310−0.029%$1.5M$129K20xas long as short
Aster XCUUSDT0.0000%4h6.8344+0.021%$32K$27K50xas long as short
Binance COPPERUSDT0.0000%4h6.8332+0.003%$9.1M$32.9M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8300−0.044%$490K$971K50xas long as short
Gate XCU_USDT0.0000%8h6.8190−0.205%$1.3M$505K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8320−0.015%$25.8M$4.4M100xas long as short
Bitget COPPERUSDTshort0.0000%4h6.8320−0.015%$2.5M$1.7M100x
Variational Omni COPPER0.0000%4h6.8302−0.040%$740K$1.4Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COPPER_USDT_Perp0.0000%4h6.8320−0.015%$87K$2.2M25xas long as short
SunX COPPER-USDTlong0.0000%4h6.8330long leg$6.6M20x
HTX COPPER-USDT0.0000%4h6.8340+0.015%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8180−0.220%$4.2M$78K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8323−0.010%$178K250xas long as short
edgeX COPPERUSDC+0.0004%4h6.8292−0.056%$95K$317K20xas long as short
Lighter XCU+0.0032%1h6.8430+0.146%$478K$40K20xas long as short
Extended XCU-USD+0.0032%1h6.8336+0.008%$264K$2.6M20xas long as short
BloFin COPPER-USDT+0.0038%4h6.83300.000%$88K$135K100xas long as short
Vest HG-PERP+0.0046%1h6.8333+0.004%$82K25xas long as short
Phoenix COPPER+0.0047%1h6.8321−0.013%$45K$23K20xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8313−0.025%$2K$2K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.8296−0.050%$904$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8273−0.083%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.8327−0.004%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8300−0.044%$291K$32K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8370+0.059%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8312−0.026%$31210xas long as short