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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0004%/8hpaid last 24h +0.027%
Price spread now: KuCoin against Aevo−0.046%7-day average · you buy dearer than you sell
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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.046% cheaper against Aevo than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo COPPER-PERP6.79010.0104pay 0.0013% / 1h23m 37s$31010x
ShortKuCoin COPPERUSDTM6.78700.0100get 0.0050% / 4h23m 37s$258K$25K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$0.84
Price spread: −0.046% → 0.000%
−$4.6
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$33.44
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; KuCoin: live order book, 21 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 KuCoin live order book, 21 min ago13.27 bp65.4 bp −$65472.3 bp −$4,723doesn't fitdoesn'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 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
BloFin COPPER-USDT−0.0035%4h6.7890−0.017%$88K$146K100xas long as short
edgeX COPPERUSDC−0.0004%4h6.7885−0.023%$93K$316K20xas long as short
Aster XCUUSDT0.0000%4h6.7868−0.049%$32K$52K50xas long as short
Binance COPPERUSDT0.0000%4h6.7910+0.013%$9.0M$34.7M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.7828−0.108%$558K$1.1M50xas long as short
Gate XCU_USDT0.0000%8h6.7750−0.223%$1.3M$518K100xas long as short
MEXC COPPER_USDT0.0000%4h6.7910+0.013%$25.6M$4.1M100xas long as short
Variational Omni COPPER0.0000%4h6.7885−0.024%$753K$1.6Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.7900−0.002%$95K$2.0M25xas long as short
SunX COPPER-USDT0.0000%4h6.7910+0.013%$7.9M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX COPPER-USDT0.0000%4h6.7930+0.042%$60K$28K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7900−0.002%$4.2M$80K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.7844−0.084%$176K250xas long as short
QFEX COPPER-USD+0.0014%1h6.7900−0.002%$1.5M$89K20xas long as short
Phoenix COPPER+0.0024%1h6.7865−0.053%$45K$30K20xas long as short
Extended XCU-USD+0.0032%1h6.7862−0.058%$240K$2.9M20xas long as short
Vest HG-PERP+0.0046%1h6.7851−0.074%$82K25xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.7866−0.052%$10.5M$5.8M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.7852−0.072%$898$3K20xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.7889−0.018%$1K$3K5xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.7881−0.030%$62K$20K15xas long as short
Bitget COPPERUSDT+0.0084%4h6.7910+0.013%$1.7M$1.0M100xas long as short
Kraken Futures PF_XCUUSD+0.0095%1h6.7888−0.020%$26K$209K20xas long as short
Pacifica COPPER+0.0100%1h6.79010.000%$25K$11K10xas long as short
KuCoin COPPERUSDTMshort+0.0100%4h6.7870−0.046%$258K$25K50x
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.7960+0.087%$3K10xas long as short
Aevo COPPER-PERPlong+0.0104%1h6.7901long leg$31010x
Lighter XCU+0.0144%1h6.7979+0.115%$476K$46K20xas long as short