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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Pacifica against SunX−0.010%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 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: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX COPPER-USDT6.80500get 0.0000% / 4h3h 28m$7.2M20x
ShortPacifica COPPER6.80440.0100get 0.0013% / 1h28m 06s$23K$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
Price spread: −0.010% → 0.000%
−$0.95
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$4.05
Costs to cover
0.160%
Break-even
5.7 days
Slippage unknown: SunX: live order book, 11 min ago; 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 SunX live order book, 11 min ago46.29 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Pacifica no order-book sample
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
Kraken Futures PF_XCUUSD−0.0448%1h6.7933−0.172%$28K$174K20xas long as short
edgeX COPPERUSDC−0.0001%4h6.8045−0.008%$94K$319K20xas long as short
Aster XCUUSDT0.0000%4h6.8058+0.012%$32K$36K50xas long as short
Binance COPPERUSDT0.0000%4h6.8060+0.015%$9.1M$33.5M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8051+0.001%$470K$981K50xas long as short
Gate XCU_USDT0.0000%8h6.7930−0.176%$1.3M$492K100xas long as short
MEXC COPPER_USDT0.0000%4h6.80500.000%$26.8M$4.9M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8070+0.029%$1.7M$1.0M100xas long as short
Variational Omni COPPER0.0000%4h6.8044−0.008%$741K$1.5Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8068+0.027%$87K$2.1M25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX COPPER-USDTlong0.0000%4h6.8050long leg$7.2M20x
HTX COPPER-USDT0.0000%4h6.8120+0.103%$60K$26K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7910−0.206%$4.2M$77K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8030−0.030%$177K250xas long as short
QFEX COPPER-USD+0.0004%1h6.8040−0.015%$1.5M$137K20xas long as short
tradeXYZ xyz:COPPER+0.0017%1h6.8002−0.071%$10.4M$5.0M20xas long as short
Lighter XCU+0.0032%1h6.8150+0.147%$477K$45K20xas long as short
Vest HG-PERP+0.0046%1h6.8028−0.032%$82K25xas long as short
BloFin COPPER-USDT+0.0049%4h6.80500.000%$87K$149K100xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8054+0.006%$1K$3K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.8039−0.016%$901$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8065+0.022%$57K$55K15xas long as short
Pacifica COPPERshort+0.0100%1h6.8044−0.010%$23K$14K10x
KuCoin COPPERUSDTM+0.0100%4h6.80500.000%$258K$25K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8130+0.118%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8044−0.008%$31110xas long as short
Phoenix COPPER+0.0118%1h6.8042−0.012%$45K$30K20xas long as short
Extended XCU-USD+0.0376%1h6.8041−0.014%$228K$2.9M20xas long as short