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 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.022%
Price spread now: Bitget against Variational Omni−0.019%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 4 days (all we have)+0.039%+$4 on $10k
Price spread, last 7 days+0.023%+$2 · spread now −0.019%, 7d avg +0.016%
Together, before fees+0.061%+ Points / potential airdropVariational Omni: Active · farm board+$6 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 0.035% cheaper against Variational Omni 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
LongVariational Omni COPPER6.82430get 0.0000% / 4h20m 42s$770K$1.4M
ShortBitget COPPERUSDT6.82300get 0.0000% / 4h20m 42s$2.9M$1.7M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Variational Omni. 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: −0.019% → +0.016%
−$3.49
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$15.49
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Bitget: live order book, 2 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 Variational Omni RFQ quote, 3 min ago2.97 bpdoesn't fit10.4 bp −$104doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago0.73 bp8.4 bp −$826.6 bp −$26693.5 bp −$9,353doesn'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
BloFin COPPER-USDT−0.0049%4h6.8270+0.039%$88K$148K100xas long as short
Aster XCUUSDT0.0000%4h6.8246+0.004%$32K$28K50xas long as short
Binance COPPERUSDT0.0000%4h6.8240−0.004%$9.0M$33.7M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8178−0.095%$494K$984K50xas long as short
Gate XCU_USDT0.0000%8h6.8100−0.210%$1.3M$528K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8240−0.004%$26.6M$5.2M100xas long as short
Bitget COPPERUSDTshort0.0000%4h6.8230−0.019%$2.9M$1.7M100x
Variational Omni COPPERlong0.0000%4h6.8243long leg$770K$1.4M
GRVT COPPER_USDT_Perp0.0000%4h6.8290+0.069%$94K$2.4M25xas long as short
SunX COPPER-USDT0.0000%4h6.8250+0.010%$6.1M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX COPPER-USDT0.0000%4h6.8270+0.039%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8150−0.136%$4.2M$83K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8219−0.036%$178K250xas long as short
edgeX COPPERUSDC+0.0014%4h6.8265+0.032%$95K$319K20xas long as short
QFEX COPPER-USD+0.0017%1h6.8240−0.004%$1.5M$134K20xas long as short
Vest HG-PERP+0.0046%1h6.8224−0.028%$82K25xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.8193−0.073%$10.6M$5.0M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.8205−0.056%$4K$5K20xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8216−0.039%$2K$1K5xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8294+0.075%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.8213−0.043%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8230−0.019%$278K$37K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8310+0.098%$3K10xas long as short
Extended XCU-USD+0.0104%1h6.8212−0.046%$283K$2.0M20xas long as short
Aevo COPPER-PERP+0.0104%1h6.8239−0.006%$31210xas long as short
Phoenix COPPER+0.0106%1h6.8242−0.002%$45K$22K20xas long as short
Lighter XCU+0.0176%1h6.8340+0.142%$478K$27K20xas long as short
Kraken Futures PF_XCUUSD+0.0358%1h6.8205−0.056%$34K$178K20xas long as short