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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0080%/8h= +8.7% APRpaid last 24h +0.100%
Price spread now: Pacifica against BloFin+0.097%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 0.097% dearer against BloFin than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin COPPER-USDT6.79400.0020pay 0.0010% / 4h1h 04m$87K$149K100x
ShortPacifica COPPER6.80060.0100get 0.0013% / 1h4m 37s$23K$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$16.7
Price spread: +0.097% → 0.000%
$9.72
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$6.43
Costs to cover
0.200%
Break-even
4.3 days
Slippage unknown: BloFin: live order book, 69 min ago; 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 BloFin live order book, 69 min ago0.74 bp11.3 bp −$1117.9 bp −$17958.3 bp −$5,834136.4 bp −$68.2K
Sell Pacifica no order-book sample
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
tradeXYZ xyz:COPPER−0.0031%1h6.7971+0.046%$10.4M$5.4M20xas long as short
QFEX COPPER-USD−0.0015%1h6.8010+0.103%$1.5M$138K20xas long as short
edgeX COPPERUSDC−0.0002%4h6.7987+0.069%$93K$318K20xas long as short
Aster XCUUSDT0.0000%4h6.8010+0.103%$32K$36K50xas long as short
Binance COPPERUSDT0.0000%4h6.8013+0.107%$9.0M$34.7M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.7978+0.056%$467K$1.2M50xas long as short
Gate XCU_USDT0.0000%8h6.7870−0.103%$1.3M$499K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8020+0.118%$27.0M$5.1M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8030+0.132%$1.7M$1.0M100xas long as short
Variational Omni COPPER0.0000%4h6.7986+0.067%$739K$1.6Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COPPER_USDT_Perp0.0000%4h6.8000+0.088%$90K$2.2M25xas long as short
SunX COPPER-USDT0.0000%4h6.7990+0.074%$7.7M20xas long as short
HTX COPPER-USDT0.0000%4h6.8020+0.118%$60K$28K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7930−0.015%$4.2M$81K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.7980+0.058%$176K250xas long as short
BloFin COPPER-USDTlong+0.0020%4h6.7940long leg$87K$149K100x
Lighter XCU+0.0032%1h6.8091+0.222%$476K$45K20xas long as short
Extended XCU-USD+0.0040%1h6.7998+0.085%$231K$2.9M20xas long as short
Vest HG-PERP+0.0046%1h6.7983+0.063%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8009+0.101%$1K$3K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.7943+0.004%$900$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.7936−0.006%$56K$55K15xas long as short
Kraken Futures PF_XCUUSD+0.0060%1h6.7977+0.054%$27K$171K20xas long as short
Pacifica COPPERshort+0.0100%1h6.8006+0.097%$23K$14K10x
KuCoin COPPERUSDTM+0.0100%4h6.8020+0.118%$258K$25K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8030+0.132%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.7987+0.069%$31110xas long as short
Phoenix COPPER+0.0329%1h6.7965+0.037%$45K$30K20xas long as short