Funding you earn now, next payment 03:00 UTC+0.0072%/8h= +7.9% APRpaid last 24h +0.022%
Price spread now: Lighter against SunX+0.148%7-day average +0.187% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.193%−$19 on $10k
+Price spread, last 4 days (all we have)−0.145%−$14 · spread now +0.148%, 7d avg +0.187%
=Together, before fees−0.338%+ Points / potential airdropLighter: Season 3 · farm board−$34 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.039% cheaper against SunX than usual: you would sell low and buy high (spread +0.148% now, against its 7-day average of +0.187%). If the spread goes back, that is −$4 on $10k: about 44 hours of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.193%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX COPPER-USDT | 6.8260 | 0 | get 0.0000% / 4h | 1h 26m | — | $6.7M | 20x |
| Short | Lighter XCU | 6.8361 | 0.0072 | get 0.0009% / 1h | 26m 15s | $478K | $39K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SunX. 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
- $15.12
- Price spread: +0.148% → +0.187%
- −$3.93
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $3.19
- Costs to cover
- 0.080%
- Break-even
- 5.5 days
Slippage unknown: SunX: live order book, 13 min ago; Lighter: live order book, 29 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 SunX live order book, 13 min ago | 46.24 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 29 min ago | 2.12 bp | 14.2 bp −$14 | 19.5 bp −$195 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX COPPER-USD | 0.0000% | 1h | 6.8230 | −0.044% | $1.5M | $129K | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8255 | −0.008% | $32K | $21K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8258 | −0.003% | $9.1M | $32.4M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8224 | −0.053% | $470K | $946K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.8070 | −0.278% | $1.3M | $491K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8240 | −0.029% | $26.1M | $4.2M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8280 | +0.029% | $1.7M | $984K | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8181 | −0.116% | $742K | $1.4M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8215 | −0.067% | $94K | $2.1M | 25x | as long as short |
| SunX COPPER-USDTlong | 0.0000% | 4h | 6.8260 | long leg | — | $6.7M | 20x |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX COPPER-USDT | 0.0000% | 4h | 6.8280 | +0.029% | $61K | $24K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8080 | −0.264% | $4.2M | $75K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.8237 | −0.033% | $178K | — | 250x | as long as short |
| edgeX COPPERUSDC | +0.0003% | 4h | 6.8180 | −0.117% | $94K | $320K | 20x | as long as short |
| Phoenix COPPER | +0.0012% | 1h | 6.8188 | −0.105% | $45K | $23K | 20x | as long as short |
| BloFin COPPER-USDT | +0.0012% | 4h | 6.8230 | −0.044% | $88K | $143K | 100x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8229 | −0.045% | — | $82K | 25x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8238 | −0.032% | $2K | $2K | 5x | as long as short |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.8230 | −0.044% | $10.5M | $4.8M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8225 | −0.051% | $903 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8138 | −0.179% | $57K | $55K | 15x | as long as short |
| Lighter XCUshort | +0.0072% | 1h | 6.8361 | +0.148% | $478K | $39K | 20x | |
| Pacifica COPPER | +0.0100% | 1h | 6.8244 | −0.023% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8250 | −0.015% | $259K | $21K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8300 | +0.059% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8248 | −0.018% | $312 | — | 10x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0195% | 1h | 6.8241 | −0.027% | $32K | $176K | 20x | as long as short |
| Extended XCU-USD | +0.0672% | 1h | 6.8236 | −0.036% | $227K | $2.8M | 20x | as long as short |
SunX COPPER-USDT
Lighter XCU
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Bitget COPPERUSDT
Variational Omni COPPER
GRVT COPPER_USDT_Perp
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
edgeX COPPERUSDC
Phoenix COPPER
BloFin COPPER-USDT
Paradex XCU-USD-PERP
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Pacifica COPPER
KuCoin COPPERUSDTM
Kraken Futures PF_XCUUSD
Extended XCU-USD