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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0003%/8h= −0.3% APRnext payment $0.01 per $10,000 · paid last 24h −0.018%
Price spread now: BloFin against Aster+0.003%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 7 days−0.051%−$5 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XCUUSDT6.80680get 0.0000% / 4h3h 27m$32K$36K50x
ShortBloFin COPPER-USDT6.8070−0.0003pay 0.0001% / 4h3h 27m$87K$149K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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
−$0.58
Price spread: +0.003% → 0.000%
$0.31
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$20.26
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; BloFin: live order book, 29 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 Aster no order-book sample
Sell BloFin live order book, 29 min ago1.47 bp7.5 bp −$78.9 bp −$8937.4 bp −$3,743doesn't fit
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
Kraken Futures PF_XCUUSD−0.0448%1h6.7941−0.186%$28K$174K20xas long as short
edgeX COPPERUSDC−0.0013%4h6.8051−0.025%$94K$317K20xas long as short
BloFin COPPER-USDTshort−0.0003%4h6.8070+0.003%$87K$149K100x
Aster XCUUSDTlong0.0000%4h6.8068long leg$32K$36K50x
Binance COPPERUSDT0.0000%4h6.8060−0.012%$9.1M$33.4M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8051−0.025%$470K$980K50xas long as short
Gate XCU_USDT0.0000%8h6.7930−0.203%$1.3M$492K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8050−0.026%$26.8M$4.9M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8070+0.003%$1.7M$1.0M100xas long as short
Variational Omni COPPER0.0000%4h6.8044−0.034%$741K$1.5Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COPPER_USDT_Perp0.0000%4h6.8068+0.001%$87K$2.1M25xas long as short
SunX COPPER-USDT0.0000%4h6.8060−0.012%$7.2M20xas long as short
HTX COPPER-USDT0.0000%4h6.8120+0.077%$60K$26K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7910−0.232%$4.2M$77K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8047−0.031%$177K250xas long as short
QFEX COPPER-USD+0.0004%1h6.8040−0.041%$1.5M$137K20xas long as short
tradeXYZ xyz:COPPER+0.0014%1h6.8007−0.089%$10.4M$5.0M20xas long as short
Lighter XCU+0.0032%1h6.8149+0.119%$477K$45K20xas long as short
Vest HG-PERP+0.0046%1h6.8038−0.044%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8064−0.006%$1K$3K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.8039−0.042%$901$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8065−0.004%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.8049−0.027%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8050−0.026%$258K$25K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8130+0.091%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8050−0.026%$31110xas long as short
Phoenix COPPER+0.0118%1h6.8029−0.057%$45K$30K20xas long as short
Extended XCU-USD+0.0368%1h6.8049−0.028%$230K$3.0M20xas long as short