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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.079%
Price spread now: Aster against Aevo+0.017%7-day average · you sell dearer than you buy
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 airdropAster: Stage 5 · 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
LongAevo COPPER-PERP6.79500.0104pay 0.0013% / 1h23m 16s$31110x
ShortAster XCUUSDT6.79610get 0.0000% / 4h23m 16s$32K$36K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Aevo. 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
−$21.84
Price spread: +0.017% → 0.000%
$1.69
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Aster: 4 bp × 2 orders
−$8
Net
−$44.15
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Aster: 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 Aevo no order-book sample
Sell Aster no order-book sample
Aevo and Aster: 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
edgeX COPPERUSDC−0.0019%4h6.7957+0.010%$93K$317K20xas long as short
Aster XCUUSDTshort0.0000%4h6.7961+0.017%$32K$36K50x
Binance COPPERUSDT0.0000%4h6.7969+0.028%$9.0M$34.2M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.7936−0.021%$467K$1.2M50xas long as short
Gate XCU_USDT0.0000%8h6.7830−0.177%$1.3M$493K100xas long as short
MEXC COPPER_USDT0.0000%4h6.79500.000%$26.9M$4.9M100xas long as short
Bitget COPPERUSDT0.0000%4h6.7970+0.030%$1.7M$1.0M100xas long as short
Variational Omni COPPER0.0000%4h6.7957+0.011%$739K$1.6Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.7966+0.024%$90K$2.1M25xas long as short
SunX COPPER-USDT0.0000%4h6.7960+0.015%$7.5M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX COPPER-USDT0.0000%4h6.7990+0.059%$60K$27K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7920−0.044%$4.2M$80K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.7933−0.025%$176K250xas long as short
BloFin COPPER-USDT+0.0004%4h6.7970+0.030%$87K$149K100xas long as short
QFEX COPPER-USD+0.0013%1h6.7960+0.015%$1.5M$130K20xas long as short
Lighter XCU+0.0032%1h6.8065+0.169%$476K$45K20xas long as short
Phoenix COPPER+0.0035%1h6.7948−0.003%$45K$30K20xas long as short
Vest HG-PERP+0.0046%1h6.7929−0.031%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.7955+0.008%$1K$3K5xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.7925−0.037%$10.4M$5.1M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.7939−0.016%$900$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.7984+0.050%$56K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.7957+0.010%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.7960+0.015%$258K$25K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8030+0.118%$3K10xas long as short
Aevo COPPER-PERPlong+0.0104%1h6.7950long leg$31110x
Kraken Futures PF_XCUUSD+0.0312%1h6.7949−0.001%$28K$173K20xas long as short
Extended XCU-USD+0.0432%1h6.7940−0.015%$230K$2.9M20xas long as short