Funding you earn now, next payment 20:00 UTC+0.0051%/8hpaid last 24h +0.052%
Price spread now: Paradex against Variational Omni−0.010%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · Paradex: 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: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni COPPER | 6.7875 | 0 | get 0.0000% / 4h | 3m 54s | $750K | $1.6M | — |
| Short | Paradex XCU-USD-PERP | 6.7868 | 0.0051 | get 0.0051% / 8h | 4h 03m | $1K | $3K | 5x |
Variational Omni COPPER
Paradex XCU-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- $10.68
- Price spread: −0.010% → 0.000%
- −$1.03
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $5.65
- Costs to cover
- 0.040%
- Break-even
- 3.3 days
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Paradex: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 5 min ago | 2.98 bp | doesn't fit | 10.6 bp −$106 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin XCU-USDT | −0.0029% | 8h | 6.7809 | −0.097% | $45K | $262K | 20x | as long as short |
| edgeX COPPERUSDC | −0.0004% | 4h | 6.7880 | +0.008% | $93K | $316K | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.7888 | +0.019% | $32K | $52K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.7890 | +0.023% | $9.0M | $34.8M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.7813 | −0.091% | $473K | $1.2M | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.7770 | −0.154% | $1.3M | $520K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.7880 | +0.008% | $25.6M | $4.1M | 100x | as long as short |
| Variational Omni COPPERlong | 0.0000% | 4h | 6.7875 | long leg | $750K | $1.6M | — | |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.7890 | +0.023% | $87K | $2.1M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.7890 | +0.023% | — | $7.9M | 20x | as long as short |
BloFin XCU-USDT
edgeX COPPERUSDC
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
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 | 6.7910 | +0.052% | $60K | $28K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.7880 | +0.008% | $4.2M | $81K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.7836 | −0.057% | $176K | — | 250x | as long as short |
| QFEX COPPER-USD | +0.0014% | 1h | 6.7890 | +0.023% | $1.5M | $135K | 20x | as long as short |
| Phoenix COPPER | +0.0024% | 1h | 6.7900 | +0.037% | $45K | $30K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.7845 | −0.043% | $235K | $2.9M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.7832 | −0.063% | — | $82K | 25x | as long as short |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.7858 | −0.025% | $10.4M | $5.9M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.7846 | −0.042% | $898 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.7860 | −0.022% | $62K | $24K | 15x | as long as short |
| Paradex XCU-USD-PERPshort | +0.0051% | 8h | 6.7868 | −0.010% | $1K | $3K | 5x | |
| Kraken Futures PF_XCUUSD | +0.0095% | 1h | 6.7879 | +0.007% | $26K | $209K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.7887 | +0.019% | $25K | $13K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.7850 | −0.036% | $258K | $25K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.7970 | +0.140% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.7889 | +0.020% | $310 | — | 10x | as long as short |
| Bitget COPPERUSDT | +0.0110% | 4h | 6.7890 | +0.023% | $1.7M | $1.0M | 100x | as long as short |
| Lighter XCU | +0.0176% | 1h | 6.7974 | +0.146% | $476K | $46K | 20x | as long as short |
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
QFEX COPPER-USD
Phoenix COPPER
Extended XCU-USD
Vest HG-PERP
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Ondo Perps COPPER-USD.P
Kraken Futures PF_XCUUSD
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Bitget COPPERUSDT
Lighter XCU