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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0041%/8h= +4.5% APRpaid last 24h +0.070%
Price spread now: Paradex against BloFin−0.016%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: 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: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin COPPER-USDT6.80900.0009pay 0.0005% / 4h3h 47m$87K$150K100x
ShortParadex XCU-USD-PERP6.80790.0050get 0.0050% / 8h7h 47m$1K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$8.59
Price spread: −0.016% → 0.000%
−$1.56
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$8.97
Costs to cover
0.160%
Break-even
14.3 days
Slippage unknown: BloFin: live order book, 9 min ago; Paradex: 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, 9 min ago1.47 bp8.5 bp −$811.4 bp −$11437.2 bp −$3,716112.8 bp −$56.4K
Sell Paradex no order-book sample
Paradex: 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−0.0448%1h6.7943−0.216%$28K$174K20xas long as short
edgeX COPPERUSDC−0.0016%4h6.8104+0.020%$94K$319K20xas long as short
Aster XCUUSDT0.0000%4h6.8086−0.006%$32K$36K50xas long as short
Binance COPPERUSDT0.0000%4h6.8080−0.015%$9.0M$34.1M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8059−0.046%$470K$990K50xas long as short
Gate XCU_USDT0.0000%8h6.7950−0.206%$1.3M$491K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8080−0.015%$26.8M$4.9M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8100+0.015%$1.7M$1.0M100xas long as short
Variational Omni COPPER0.0000%4h6.8094+0.007%$741K$1.6Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8130+0.059%$94K$2.1M25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX COPPER-USDT0.0000%4h6.80900.000%$7.4M20xas long as short
HTX COPPER-USDT0.0000%4h6.8130+0.059%$60K$27K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7910−0.264%$4.2M$78K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8056−0.050%$177K250xas long as short
QFEX COPPER-USD+0.0004%1h6.8070−0.029%$1.5M$139K20xas long as short
BloFin COPPER-USDTlong+0.0009%4h6.8090long leg$87K$150K100x
Vest HG-PERP+0.0046%1h6.8053−0.054%$82K25xas long as short
Paradex XCU-USD-PERPshort+0.0050%8h6.8079−0.016%$1K$3K5x
tradeXYZ xyz:COPPER+0.0050%1h6.8059−0.046%$10.4M$5.1M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.8055−0.051%$901$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8059−0.046%$57K$55K15xas long as short
Lighter XCU+0.0056%1h6.8191+0.148%$477K$45K20xas long as short
Pacifica COPPER+0.0100%1h6.8058−0.047%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8050−0.059%$258K$25K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8150+0.088%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8073−0.025%$31110xas long as short
Phoenix COPPER+0.0118%1h6.8095+0.007%$45K$30K20xas long as short
Extended XCU-USD+0.0392%1h6.8055−0.051%$229K$2.9M20xas long as short