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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0007%/8h= +0.7% APRpaid last 24h +0.041%
Price spread now: Ondo Perps against BloFin+0.021%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+0.294%+$29 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.021% dearer against BloFin than usual: you sell high and buy low, +$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin COPPER-USDT6.82300.0044pay 0.0022% / 4h2h 24m$88K$138K100x
ShortOndo Perps COPPER-USD.P6.82440.0050get 0.0006% / 1h24m 11s$57K$55K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against BloFin. 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
$1.37
Price spread: +0.021% → 0.000%
$2.05
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$13.58
Costs to cover
0.170%
Break-even
76.5 days
Slippage unknown: BloFin: live order book, 55 min ago; Ondo Perps: 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 BloFin live order book, 55 min ago0.73 bp7.4 bp −$711.7 bp −$11734.3 bp −$3,43086.8 bp −$43.4K
Sell Ondo Perps no order-book sample
Ondo Perps: 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−0.0481%1h6.8139−0.134%$34K$176K20xas long as short
tradeXYZ xyz:COPPER−0.0022%1h6.8130−0.147%$10.5M$4.9M20xas long as short
QFEX COPPER-USD−0.0001%1h6.8160−0.103%$1.5M$130K20xas long as short
Aster XCUUSDT0.0000%4h6.8172−0.085%$32K$27K50xas long as short
Binance COPPERUSDT0.0000%4h6.8160−0.103%$9.2M$33.3M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8123−0.157%$497K$971K50xas long as short
Gate XCU_USDT0.0000%8h6.7990−0.352%$1.3M$528K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8160−0.103%$26.1M$4.7M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8150−0.117%$2.9M$2.0M100xas long as short
Variational Omni COPPER0.0000%4h6.8144−0.126%$740K$1.4Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COPPER_USDT_Perp0.0000%4h6.8240+0.015%$87K$2.3M25xas long as short
SunX COPPER-USDT0.0000%4h6.8160−0.103%$6.6M20xas long as short
HTX COPPER-USDT0.0000%4h6.8170−0.088%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8150−0.117%$4.2M$80K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8161−0.102%$178K250xas long as short
edgeX COPPERUSDC+0.0005%4h6.8130−0.147%$94K$317K20xas long as short
Phoenix COPPER+0.0023%1h6.8217−0.019%$45K$23K20xas long as short
Lighter XCU+0.0032%1h6.8239+0.013%$477K$40K20xas long as short
Extended XCU-USD+0.0032%1h6.8164−0.097%$276K$2.4M20xas long as short
BloFin COPPER-USDTlong+0.0044%4h6.8230long leg$88K$138K100x
Vest HG-PERP+0.0046%1h6.8175−0.081%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8151−0.116%$1K$2K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.8132−0.144%$902$3K20xas long as short
Ondo Perps COPPER-USD.Pshort+0.0050%1h6.8244+0.021%$57K$55K15x
Pacifica COPPER+0.0100%1h6.8180−0.074%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8180−0.073%$278K$35K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.82300.000%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8154−0.111%$31210xas long as short