Funding you earn now, next payment 11:00 UTC−0.0103%/8h= −11.2% APRnext payment −$0.13 per $10,000 · paid last 24h −0.030%
Price spread now: gTrade (Gains Network) against Aevo−0.014%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 2 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo COPPER-PERP | 6.8434 | 0.0104 | pay 0.0013% / 1h | 46m 29s | $313 | — | 10x |
| Short | gTrade (Gains Network) HG/USD | 6.8425 | L +0.0002% / S −0.0001% | get 0.0000% / 1h | 46m 29s | $178K | — | 250x |
Aevo COPPER-PERP
gTrade (Gains Network) HG/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Aevo. 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
- −$21.54
- Price spread: −0.014% → 0.000%
- −$1.38
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$48.91
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; gTrade (Gains Network): virtual book (oracle exchange), just now. 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 Aevo no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) virtual book (oracle exchange), just now | 130.01 bp | 213.6 bp −$214 | 1617.5 bp −$16.2K | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XCUUSDT | 0.0000% | 4h | 6.8453 | +0.027% | $35K | $31K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8447 | +0.018% | $9.0M | $32.0M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8375 | −0.087% | $508K | $801K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.8310 | −0.182% | $1.3M | $181K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8440 | +0.008% | $26.3M | $5.5M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8420 | −0.021% | $3.6M | $1.9M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8508 | +0.107% | $775K | $538K | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8491 | +0.083% | $92K | $2.3M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.8450 | +0.023% | — | $4.8M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | 6.8540 | +0.154% | $61K | $71K | 75x | as long as short |
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Bitget COPPERUSDT
Variational Omni COPPER
GRVT COPPER_USDT_Perp
SunX COPPER-USDT
HTX COPPER-USDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8390 | −0.065% | $4.2M | $82K | 100x | as long as short |
| gTrade (Gains Network) HG/USDshort | L +0.0002% / S −0.0001% | 1h | 6.8425 | −0.014% | $178K | — | 250x | |
| edgeX COPPERUSDC | +0.0007% | 4h | 6.8492 | +0.084% | $95K | $320K | 20x | as long as short |
| QFEX COPPER-USD | +0.0011% | 1h | 6.8420 | −0.021% | $1.5M | $150K | 20x | as long as short |
| BloFin XCU-USDT | +0.0013% | 8h | 6.8404 | −0.044% | $49K | $302K | 20x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.8537 | +0.150% | $480K | $25K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.8421 | −0.019% | $271K | $1.7M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8413 | −0.031% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.8410 | −0.036% | $10.8M | $3.8M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8424 | −0.015% | $906 | $6K | 20x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8423 | −0.016% | $2K | $825 | 5x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8531 | +0.141% | $59K | $52K | 15x | as long as short |
| Phoenix COPPER | +0.0093% | 1h | 6.8474 | +0.058% | $44K | $18K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8431 | −0.005% | $24K | $13K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8470 | +0.052% | $267K | $39K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8520 | +0.125% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERPlong | +0.0104% | 1h | 6.8434 | long leg | $313 | — | 10x | |
| Kraken Futures PF_XCUUSD | +0.0337% | 1h | 6.8422 | −0.019% | $34K | $180K | 20x | as long as short |
Phemex COPPERUSDT
edgeX COPPERUSDC
QFEX COPPER-USD
BloFin XCU-USDT
Lighter XCU
Extended XCU-USD
Vest HG-PERP
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Paradex XCU-USD-PERP
Ondo Perps COPPER-USD.P
Phoenix COPPER
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Kraken Futures PF_XCUUSD