Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.2% APRpaid last 24h +0.038%
Price spread now: gTrade (Gains Network) against Variational Omni−0.036%7-day average +0.027% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 1 day (all we have)+0.062%+$6 on $10k
+Price spread, last 4 days (all we have)+0.189%+$19 · spread now −0.036%, 7d avg +0.027%
=Together, before fees+0.251%+ Points / potential airdropVariational Omni: Active · farm board+$25 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: gTrade (Gains Network) is 0.063% cheaper against Variational Omni than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni COPPER | 6.8286 | 0 | get 0.0000% / 4h | 10m 49s | $766K | $1.4M | — |
| Short | gTrade (Gains Network) HG/USD | 6.8262 | L +0.0002% / S −0.0001% | get 0.0000% / 1h | 10m 49s | $178K | — | 250x |
Variational Omni COPPER
gTrade (Gains Network) HG/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.3
- Price spread: −0.036% → +0.027%
- −$6.28
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$15.98
- Costs to cover
- 0.100%
- Break-even
- 375.8 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; gTrade (Gains Network): virtual book (oracle venue), 58 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 Variational Omni RFQ quote, 3 min ago | 2.97 bp | doesn't fit | 12.3 bp −$123 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 58 min ago | 130.01 bp | 213.6 bp −$214 | 1617.5 bp −$16.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin COPPER-USDT | −0.0032% | 4h | 6.8320 | +0.049% | $89K | $149K | 100x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8305 | +0.027% | $32K | $28K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8290 | +0.005% | $9.0M | $33.5M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8231 | −0.081% | $496K | $975K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.8130 | −0.229% | $1.3M | $529K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8290 | +0.005% | $26.7M | $5.3M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8270 | −0.024% | $2.9M | $1.7M | 100x | as long as short |
| Variational Omni COPPERlong | 0.0000% | 4h | 6.8286 | long leg | $766K | $1.4M | — | |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8320 | +0.049% | $94K | $2.4M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.8300 | +0.020% | — | $6.1M | 20x | as long as short |
BloFin COPPER-USDT
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Bitget COPPERUSDT
GRVT COPPER_USDT_Perp
SunX COPPER-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX COPPER-USDT | 0.0000% | 4h | 6.8330 | +0.064% | $61K | $24K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8170 | −0.171% | $4.2M | $83K | 100x | as long as short |
| gTrade (Gains Network) HG/USDshort | L +0.0002% / S −0.0001% | 1h | 6.8262 | −0.036% | $178K | — | 250x | |
| edgeX COPPERUSDC | +0.0003% | 4h | 6.8215 | −0.104% | $95K | $320K | 20x | as long as short |
| QFEX COPPER-USD | +0.0017% | 1h | 6.8290 | +0.005% | $1.5M | $134K | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8266 | −0.030% | — | $82K | 25x | as long as short |
| Extended XCU-USD | +0.0048% | 1h | 6.8260 | −0.039% | $274K | $2.0M | 20x | as long as short |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.8242 | −0.065% | $10.6M | $5.0M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8237 | −0.072% | $4K | $5K | 20x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8280 | −0.010% | $2K | $1K | 5x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8247 | −0.058% | $57K | $55K | 15x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8281 | −0.008% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8280 | −0.009% | $278K | $36K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8350 | +0.093% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8287 | 0.000% | $312 | — | 10x | as long as short |
| Phoenix COPPER | +0.0106% | 1h | 6.8275 | −0.017% | $45K | $22K | 20x | as long as short |
| Lighter XCU | +0.0168% | 1h | 6.8394 | +0.157% | $479K | $27K | 20x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0358% | 1h | 6.8252 | −0.051% | $34K | $178K | 20x | as long as short |
HTX COPPER-USDT
Phemex COPPERUSDT
edgeX COPPERUSDC
QFEX COPPER-USD
Vest HG-PERP
Extended XCU-USD
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Paradex XCU-USD-PERP
Ondo Perps COPPER-USD.P
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Phoenix COPPER
Lighter XCU
Kraken Futures PF_XCUUSD