Funding you earn now, next payment 20:00 UTC−0.0009%/8hpaid last 24h +0.070%
Price spread now: gTrade (Gains Network) against BloFin−0.087%50s7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$4624.623% of the position
Funding, last 22 hours (all we have)+0.068%+$7 on $10k
+Price spread, last 3 days (all we have)+0.154%+$15 · spread now −0.087%, 7d avg +0.032%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: gTrade (Gains Network) is 0.119% cheaper against BloFin than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.032%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin COPPER-USDT | 6.7910 | 0.0010 | pay 0.0005% / 4h | 21m 55s | $89K | $147K | 100x |
| Short | gTrade (Gains Network) HG/USD | 6.7851 | L +0.0002% / S −0.0001% | get 0.0000% / 1h | 21m 55s | $176K | — | 250x |
BloFin COPPER-USDT
gTrade (Gains Network) HG/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$1.85
- Price spread: −0.087% → +0.032%
- −$11.86
- Slippage, 4 orders
- −$440.27
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$475.98
- Costs to cover
- 4.623%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; gTrade (Gains Network): virtual book (oracle venue), 7 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 3 min ago | 1.47 bp | 8.3 bp −$8 | 11.9 bp −$119 | 41.6 bp −$4,162 | 125.3 bp −$62.7K |
| Sell gTrade (Gains Network) virtual book (oracle venue), 7 min ago | 130.01 bp | 213.6 bp −$214 | 1617.5 bp −$16.2K | doesn't fit | doesn't fit |
COPPER on 28 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX COPPERUSDC | −0.0004% | 4h | 6.7885 | −0.036% | $93K | $316K | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.7865 | −0.066% | $32K | $52K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.7910 | 0.000% | $9.0M | $34.7M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.7836 | −0.109% | $476K | $1.2M | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.7750 | −0.236% | $1.3M | $518K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.7910 | 0.000% | $25.6M | $4.1M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.7885 | −0.037% | $753K | $1.6M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.7900 | −0.015% | $95K | $2.0M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.7920 | +0.015% | — | $7.9M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | 6.7930 | +0.029% | $60K | $28K | 75x | as long as short |
edgeX COPPERUSDC
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Variational Omni COPPER
GRVT COPPER_USDT_Perp
SunX COPPER-USDT
HTX COPPER-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex COPPERUSDT | 0.0000% | 4h | 6.7910 | 0.000% | $4.2M | $80K | 100x | as long as short |
| gTrade (Gains Network) HG/USDshort | L +0.0002% / S −0.0001% | 1h | 6.7851 | −0.087% | $176K | — | 250x | |
| BloFin COPPER-USDTlong | +0.0010% | 4h | 6.7910 | long leg | $89K | $147K | 100x | |
| QFEX COPPER-USD | +0.0014% | 1h | 6.7900 | −0.015% | $1.5M | $91K | 20x | as long as short |
| Phoenix COPPER | +0.0024% | 1h | 6.7865 | −0.066% | $45K | $30K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.7852 | −0.085% | $240K | $2.9M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.7850 | −0.088% | — | $82K | 25x | as long as short |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.7868 | −0.062% | $10.5M | $5.8M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.7857 | −0.078% | $899 | $3K | 20x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.7896 | −0.020% | $1K | $3K | 5x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.7881 | −0.043% | $62K | $20K | 15x | as long as short |
| Bitget COPPERUSDT | +0.0086% | 4h | 6.7920 | +0.015% | $1.7M | $1.0M | 100x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0095% | 1h | 6.7897 | −0.020% | $26K | $209K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.7911 | +0.002% | $25K | $11K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.7860 | −0.074% | $258K | $25K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.7970 | +0.088% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.7907 | −0.005% | $310 | — | 10x | as long as short |
| Lighter XCU | +0.0144% | 1h | 6.7978 | +0.100% | $476K | $46K | 20x | as long as short |
Phemex COPPERUSDT
QFEX COPPER-USD
Phoenix COPPER
Extended XCU-USD
Vest HG-PERP
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Paradex XCU-USD-PERP
Ondo Perps COPPER-USD.P
Bitget COPPERUSDT
Kraken Futures PF_XCUUSD
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Lighter XCU