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−0.0054%/8h= −5.9% APRpaid last 24h −0.016%
Price spread now: Paradex against Aevo−0.016%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo COPPER-PERP6.84340.0104pay 0.0013% / 1h46m 30s$31310x
ShortParadex XCU-USD-PERP6.84230.0050get 0.0050% / 8h5h 46m$2K$8255x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$11.34
Price spread: −0.016% → 0.000%
−$1.61
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$32.94
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Paradex no order-book sample
Aevo and 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 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%4h6.8453+0.027%$35K$31K50xas long as short
Binance COPPERUSDT0.0000%4h6.8447+0.018%$9.0M$32.0M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8375−0.087%$508K$801K50xas long as short
Gate XCU_USDT0.0000%8h6.8310−0.182%$1.3M$181K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8440+0.008%$26.3M$5.5M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8420−0.021%$3.6M$1.9M100xas long as short
Variational Omni COPPER0.0000%4h6.8508+0.107%$775K$538Kas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8491+0.083%$92K$2.3M25xas long as short
SunX COPPER-USDT0.0000%4h6.8450+0.023%$4.8M20xas long as short
HTX COPPER-USDT0.0000%4h6.8540+0.154%$61K$71K75xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex COPPERUSDT0.0000%4h6.8390−0.065%$4.2M$82K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8425−0.014%$178K250xas long as short
edgeX COPPERUSDC+0.0007%4h6.8492+0.084%$95K$320K20xas long as short
QFEX COPPER-USD+0.0011%1h6.8420−0.021%$1.5M$150K20xas long as short
BloFin XCU-USDT+0.0013%8h6.8404−0.044%$49K$302K20xas long as short
Lighter XCU+0.0032%1h6.8537+0.150%$480K$25K20xas long as short
Extended XCU-USD+0.0032%1h6.8421−0.019%$271K$1.7M20xas long as short
Vest HG-PERP+0.0046%1h6.8413−0.031%$36K25xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.8410−0.036%$10.8M$3.8M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.8424−0.015%$906$6K20xas long as short
Paradex XCU-USD-PERPshort+0.0050%8h6.8423−0.016%$2K$8255x
Ondo Perps COPPER-USD.P+0.0050%1h6.8531+0.141%$59K$52K15xas long as short
Phoenix COPPER+0.0093%1h6.8474+0.058%$44K$18K20xas long as short
Pacifica COPPER+0.0100%1h6.8431−0.005%$24K$13K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8470+0.052%$267K$39K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8520+0.125%$3K10xas long as short
Aevo COPPER-PERPlong+0.0104%1h6.8434long leg$31310x
Kraken Futures PF_XCUUSD+0.0337%1h6.8422−0.019%$34K$180K20xas long as short