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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.036%
Price spread now: Bitget against Aevo+0.010%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 feesneeds 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-PERP6.85030.0104pay 0.0013% / 1h56m 54s$31310x
ShortBitget COPPERUSDT6.85100get 0.0000% / 4h1h 56m$3.2M$1.7M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.010% → 0.000%
$1.05
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$48.79
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Bitget: live order book, 4 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 Aevo no order-book sample
Sell Bitget live order book, 4 min ago1.46 bp10.6 bp −$1132.5 bp −$325120.5 bp −$12.0Kdoesn't fit
Aevo: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XCUUSDT0.0000%4h6.8524+0.030%$35K$31K50xas long as short
Binance COPPERUSDT0.0000%4h6.8530+0.040%$9.0M$32.0M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8439−0.093%$509K$821K50xas long as short
Gate XCU_USDT0.0000%8h6.8310−0.281%$1.3M$180K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8530+0.040%$26.3M$5.5M100xas long as short
Bitget COPPERUSDTshort0.0000%4h6.8510+0.010%$3.2M$1.7M100x
Variational Omni COPPER0.0000%4h6.8449−0.079%$768K$531Kas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8517+0.021%$92K$2.3M25xas long as short
SunX COPPER-USDT0.0000%4h6.8510+0.010%$4.8M20xas long as short
HTX COPPER-USDT0.0000%4h6.8530+0.040%$61K$71K75xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex COPPERUSDT0.0000%4h6.8310−0.281%$4.2M$82K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8473−0.044%$179K250xas long as short
BloFin XCU-USDT+0.0007%8h6.8426−0.112%$48K$302K20xas long as short
QFEX COPPER-USD+0.0011%1h6.8490−0.019%$1.5M$150K20xas long as short
edgeX COPPERUSDC+0.0012%4h6.8447−0.082%$95K$321K20xas long as short
Extended XCU-USD+0.0032%1h6.8495−0.012%$274K$1.7M20xas long as short
Lighter XCU+0.0040%1h6.8587+0.123%$480K$25K20xas long as short
Vest HG-PERP+0.0046%1h6.8469−0.049%$36K25xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.8475−0.041%$10.8M$3.8M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.8475−0.041%$907$6K20xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8477−0.037%$2K$8255xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8453−0.073%$59K$52K15xas long as short
Pacifica COPPER+0.0100%1h6.8484−0.028%$24K$13K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8500−0.004%$267K$39K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8560+0.083%$3K10xas long as short
Aevo COPPER-PERPlong+0.0104%1h6.8503long leg$31310x
Phoenix COPPER+0.0117%1h6.8479−0.035%$44K$16K20xas long as short
Kraken Futures PF_XCUUSD+0.0336%1h6.8484−0.028%$34K$180K20xas long as short