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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.077%
Price spread now: KuCoin against Aster+0.002%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+0.445%+$44 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
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
LongAster XCUUSDT6.83490get 0.0000% / 4h2h 47m$32K$27K50x
ShortKuCoin COPPERUSDTM6.83500.0100get 0.0050% / 4h2h 47m$279K$35K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: +0.002% → 0.000%
$0.16
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$1.16
Costs to cover
0.200%
Break-even
6.6 days
Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 9 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 KuCoin live order book, 9 min ago15.37 bp55.1 bp −$55630.4 bp −$6,304doesn't fitdoesn'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−0.0480%1h6.8334−0.022%$35K$176K20xas long as short
QFEX COPPER-USD−0.0001%1h6.8330−0.028%$1.5M$129K20xas long as short
Aster XCUUSDTlong0.0000%4h6.8349long leg$32K$27K50x
Binance COPPERUSDT0.0000%4h6.8347−0.003%$9.1M$33.0M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8300−0.072%$490K$970K50xas long as short
Gate XCU_USDT0.0000%8h6.8140−0.306%$1.3M$520K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8340−0.013%$26.8M$4.6M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8330−0.028%$2.5M$1.7M100xas long as short
Variational Omni COPPER0.0000%4h6.8313−0.052%$741K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8320−0.042%$91K$2.2M25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX COPPER-USDT0.0000%4h6.8330−0.028%$6.6M20xas long as short
HTX COPPER-USDT0.0000%4h6.8360+0.016%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8190−0.232%$4.2M$79K100xas long as short
tradeXYZ xyz:COPPER0.0000%1h6.8312−0.054%$10.6M$4.9M20xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8336−0.018%$178K250xas long as short
edgeX COPPERUSDC+0.0010%4h6.8283−0.096%$95K$318K20xas long as short
BloFin COPPER-USDT+0.0014%4h6.8310−0.057%$88K$138K100xas long as short
Phoenix COPPER+0.0023%1h6.8311−0.055%$45K$23K20xas long as short
Lighter XCU+0.0032%1h6.8443+0.138%$478K$39K20xas long as short
Extended XCU-USD+0.0032%1h6.8328−0.030%$275K$2.5M20xas long as short
Vest HG-PERP+0.0046%1h6.8333−0.023%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8322−0.039%$2K$2K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.8305−0.064%$904$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8310−0.057%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.8335−0.020%$23K$14K10xas long as short
KuCoin COPPERUSDTMshort+0.0100%4h6.8350+0.002%$279K$35K50x
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8380+0.046%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8332−0.025%$31210xas long as short