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

COPPER

RWAall COPPER markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.050%
Price spread now: Variational Omni against SunX−0.009%7-day average −0.012% · 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 3 days (all we have)−0.079%−$8 on $10k
Price spread, last 3 days (all we have)−0.029%−$3 · spread now −0.009%, 7d avg −0.012%
Together, before fees−0.108%+ Points / potential airdropVariational Omni: Active · farm board−$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX COPPER-USDT6.80500get 0.0000% / 4h3h 25m$7.2M20x
ShortVariational Omni COPPER6.80440get 0.0000% / 4h3h 25m$741K$1.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: −0.009% → −0.012%
$0.25
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$7.75
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 3 min ago; Variational Omni: RFQ quote, 3 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, 3 min ago82.28 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 3 min ago2.98 bpdoesn't fit11.3 bp −$113doesn't fitdoesn'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−0.0448%1h6.7933−0.172%$28K$174K20xas long as short
edgeX COPPERUSDC−0.0013%4h6.8051+0.001%$94K$317K20xas long as short
BloFin COPPER-USDT−0.0003%4h6.8070+0.029%$87K$149K100xas long as short
Aster XCUUSDT0.0000%4h6.8060+0.014%$32K$36K50xas long as short
Binance COPPERUSDT0.0000%4h6.8055+0.007%$9.1M$33.4M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8051+0.001%$470K$979K50xas long as short
Gate XCU_USDT0.0000%8h6.7920−0.191%$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 COPPERshort0.0000%4h6.8044−0.009%$741K$1.5M
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COPPER_USDT_Perp0.0000%4h6.8068+0.027%$87K$2.1M25xas long as short
SunX COPPER-USDTlong0.0000%4h6.8050long leg$7.2M20x
HTX COPPER-USDT0.0000%4h6.8070+0.029%$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%1h6.8034−0.024%$177K250xas long as short
QFEX COPPER-USD+0.0004%1h6.8040−0.015%$1.5M$136K20xas long as short
tradeXYZ xyz:COPPER+0.0005%1h6.7996−0.079%$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
Paradex XCU-USD-PERP+0.0050%8h6.8048−0.003%$1K$3K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.8038−0.018%$901$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8004−0.068%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.8043−0.010%$23K$14K10xas long as short
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%1h6.8044−0.009%$31110xas long as short
Phoenix COPPER+0.0118%1h6.8029−0.031%$45K$30K20xas long as short
Extended XCU-USD+0.0352%1h6.8038−0.018%$228K$3.0M20xas long as short