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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h −0.015%
Price spread now: Pacifica against Extended+0.073%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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Pacifica: 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 0.073% dearer against Extended than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XCU-USD6.79830.0032pay 0.0004% / 1h29m 09s$273K$1.9M20x
ShortPacifica COPPER6.80330.0100get 0.0013% / 1h29m 09s$23K$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Extended. 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
$14.28
Price spread: +0.073% → 0.000%
$7.32
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$8.6
Costs to cover
0.130%
Break-even
2.8 days
Slippage unknown: Extended: live order book, 4 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 Extended live order book, 4 min ago0.15 bp3.4 bp −$356.7 bp −$567doesn't fitdoesn't fit
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
BloFin COPPER-USDT−0.0010%4h6.8040+0.083%$89K$149K100xas long as short
Aster XCUUSDT0.0000%4h6.8037+0.079%$32K$28K50xas long as short
Binance COPPERUSDT0.0000%4h6.8042+0.086%$9.0M$33.5M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.7972−0.017%$495K$985K50xas long as short
Gate XCU_USDT0.0000%8h6.7920−0.093%$1.3M$509K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8030+0.069%$26.4M$5.7M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8030+0.069%$2.9M$1.6M100xas long as short
Variational Omni COPPER0.0000%4h6.8044+0.089%$760K$1.4Mas long as short
edgeX COPPERUSDC0.0000%4h6.8049+0.097%$94K$320K20xas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8063+0.118%$93K$2.4M25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX COPPER-USDT0.0000%4h6.8040+0.083%$5.8M20xas long as short
HTX COPPER-USDT0.0000%4h6.8050+0.098%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8040+0.083%$4.2M$82K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.7976−0.010%$177K250xas long as short
QFEX COPPER-USD+0.0018%1h6.8020+0.054%$1.5M$140K20xas long as short
Extended XCU-USDlong+0.0032%1h6.7983long leg$273K$1.9M20x
Vest HG-PERP+0.0046%1h6.7984+0.001%$82K25xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.7982−0.002%$10.7M$4.3M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.79830.000%$900$6K20xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8010+0.039%$1K$1K5xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8073+0.132%$57K$53K15xas long as short
Kraken Futures PF_XCUUSD+0.0076%1h6.8022+0.057%$34K$178K20xas long as short
Lighter XCU+0.0096%1h6.8115+0.194%$477K$27K20xas long as short
Pacifica COPPERshort+0.0100%1h6.8033+0.073%$23K$14K10x
KuCoin COPPERUSDTM+0.0100%4h6.8020+0.054%$265K$39K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8080+0.142%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8033+0.073%$31110xas long as short
Phoenix COPPER+0.0129%1h6.8038+0.081%$45K$22K20xas long as short