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
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no 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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XCU-USD | 6.7983 | 0.0032 | pay 0.0004% / 1h | 29m 09s | $273K | $1.9M | 20x |
| Short | Pacifica COPPER | 6.8033 | 0.0100 | get 0.0013% / 1h | 29m 09s | $23K | $14K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 4 min ago | 0.15 bp | 3.4 bp −$3 | 56.7 bp −$567 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin COPPER-USDT | −0.0010% | 4h | 6.8040 | +0.083% | $89K | $149K | 100x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8037 | +0.079% | $32K | $28K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8042 | +0.086% | $9.0M | $33.5M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.7972 | −0.017% | $495K | $985K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.7920 | −0.093% | $1.3M | $509K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8030 | +0.069% | $26.4M | $5.7M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8030 | +0.069% | $2.9M | $1.6M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8044 | +0.089% | $760K | $1.4M | — | as long as short |
| edgeX COPPERUSDC | 0.0000% | 4h | 6.8049 | +0.097% | $94K | $320K | 20x | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8063 | +0.118% | $93K | $2.4M | 25x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX COPPER-USDT | 0.0000% | 4h | 6.8040 | +0.083% | — | $5.8M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | 6.8050 | +0.098% | $61K | $24K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8040 | +0.083% | $4.2M | $82K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.7976 | −0.010% | $177K | — | 250x | as long as short |
| QFEX COPPER-USD | +0.0018% | 1h | 6.8020 | +0.054% | $1.5M | $140K | 20x | as long as short |
| Extended XCU-USDlong | +0.0032% | 1h | 6.7983 | long leg | $273K | $1.9M | 20x | |
| Vest HG-PERP | +0.0046% | 1h | 6.7984 | +0.001% | — | $82K | 25x | as long as short |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.7982 | −0.002% | $10.7M | $4.3M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.7983 | 0.000% | $900 | $6K | 20x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8010 | +0.039% | $1K | $1K | 5x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8073 | +0.132% | $57K | $53K | 15x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0076% | 1h | 6.8022 | +0.057% | $34K | $178K | 20x | as long as short |
| Lighter XCU | +0.0096% | 1h | 6.8115 | +0.194% | $477K | $27K | 20x | as long as short |
| Pacifica COPPERshort | +0.0100% | 1h | 6.8033 | +0.073% | $23K | $14K | 10x | |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8020 | +0.054% | $265K | $39K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8080 | +0.142% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8033 | +0.073% | $311 | — | 10x | as long as short |
| Phoenix COPPER | +0.0129% | 1h | 6.8038 | +0.081% | $45K | $22K | 20x | as long as short |
Extended XCU-USD
Pacifica COPPER
BloFin COPPER-USDT
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Bitget COPPERUSDT
Variational Omni COPPER
edgeX COPPERUSDC
GRVT COPPER_USDT_Perp
SunX COPPER-USDT
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Paradex XCU-USD-PERP
Kraken Futures PF_XCUUSD
Lighter XCU
KuCoin COPPERUSDTM
Phoenix COPPER