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+0.0100%/8hpaid last 24h +0.082%
Price spread now: Pacifica against Aster−0.004%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 fees+ Points / potential airdropAster: Stage 5 · Pacifica: 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: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XCUUSDT6.78770get 0.0000% / 4h6m 33s$32K$52K50x
ShortPacifica COPPER6.78750.0100get 0.0013% / 1h6m 33s$25K$13K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: −0.004% → 0.000%
−$0.39
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$4.61
Costs to cover
0.160%
Break-even
5.5 days
Slippage unknown: Aster: no order-book sample; Pacifica: 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 Aster no order-book sample
Sell Pacifica no order-book sample
Aster and Pacifica: 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
edgeX COPPERUSDC−0.0004%4h6.7880+0.004%$93K$316K20xas long as short
Aster XCUUSDTlong0.0000%4h6.7877long leg$32K$52K50x
Binance COPPERUSDT0.0000%4h6.7880+0.004%$8.9M$34.8M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.7811−0.098%$473K$1.2M50xas long as short
Gate XCU_USDT0.0000%8h6.7760−0.173%$1.3M$520K100xas long as short
MEXC COPPER_USDT0.0000%4h6.7870−0.011%$25.6M$4.1M100xas long as short
Variational Omni COPPER0.0000%4h6.7895+0.026%$753K$1.6Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.7920+0.063%$91K$2.1M25xas long as short
SunX COPPER-USDT0.0000%4h6.7870−0.011%$7.9M20xas long as short
HTX COPPER-USDT0.0000%4h6.7900+0.033%$60K$28K75xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex COPPERUSDT0.0000%4h6.7870−0.011%$4.2M$81K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.7819−0.087%$176K250xas long as short
BloFin XCU-USDT+0.0012%8h6.7812−0.096%$45K$262K20xas long as short
QFEX COPPER-USD+0.0014%1h6.7890+0.019%$1.5M$135K20xas long as short
Phoenix COPPER+0.0024%1h6.7900+0.033%$45K$30K20xas long as short
Extended XCU-USD+0.0032%1h6.7832−0.066%$235K$2.9M20xas long as short
Vest HG-PERP+0.0046%1h6.7820−0.084%$82K25xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.7848−0.043%$10.4M$5.9M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.7826−0.076%$898$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.7831−0.068%$62K$24K15xas long as short
Paradex XCU-USD-PERP+0.0051%8h6.7858−0.029%$1K$3K5xas long as short
Kraken Futures PF_XCUUSD+0.0095%1h6.7882+0.007%$26K$209K20xas long as short
Pacifica COPPERshort+0.0100%1h6.7875−0.004%$25K$13K10x
KuCoin COPPERUSDTM+0.0100%4h6.7830−0.070%$258K$25K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.7960+0.122%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.7883+0.008%$31010xas long as short
Bitget COPPERUSDT+0.0110%4h6.7890+0.019%$1.7M$1.0M100xas long as short
Lighter XCU+0.0176%1h6.7965+0.129%$476K$46K20xas long as short