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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0102%/8h= +11.2% APRnext payment +$0.13 per $10,000 · paid last 24h +0.026%
Price spread now: Aevo against gTrade (Gains Network)−0.004%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 1 day (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) HG/USD6.8313L +0.0002% / S −0.0001%pay 0.0000% / 1h17m 35s$178K250x
ShortAevo COPPER-PERP6.83100.0104get 0.0013% / 1h17m 35s$31210x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against gTrade (Gains Network). 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
$21.44
Price spread: −0.004% → 0.000%
−$0.39
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$4.94
Costs to cover
0.260%
Break-even
8.6 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 1 min ago; Aevo: 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 gTrade (Gains Network) virtual book (oracle venue), 1 min ago130.01 bp229.7 bp −$2301613.4 bp −$16.1K13153.2 bp −$1.32Mdoesn't fit
Sell Aevo no order-book sample
Aevo: 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−0.0403%1h6.8283−0.044%$35K$176K20xas long as short
tradeXYZ xyz:COPPER−0.0055%1h6.8298−0.022%$10.6M$4.9M20xas long as short
BloFin COPPER-USDT−0.0014%4h6.8340+0.040%$88K$136K100xas long as short
QFEX COPPER-USD−0.0003%1h6.8320+0.010%$1.5M$129K20xas long as short
Aster XCUUSDT0.0000%4h6.8341+0.041%$32K$27K50xas long as short
Binance COPPERUSDT0.0000%4h6.8328+0.022%$9.1M$32.9M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8282−0.045%$489K$972K50xas long as short
Gate XCU_USDT0.0000%8h6.8200−0.165%$1.3M$505K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8320+0.010%$26.1M$4.5M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8320+0.010%$2.5M$1.7M100xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni COPPER0.0000%4h6.8343+0.044%$741K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8352+0.057%$97K$2.2M25xas long as short
SunX COPPER-USDT0.0000%4h6.8320+0.010%$6.6M20xas long as short
HTX COPPER-USDT0.0000%4h6.8380+0.098%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8140−0.253%$4.2M$78K100xas long as short
gTrade (Gains Network) HG/USDlongL +0.0002% / S −0.0001%1h6.8313long leg$178K250x
edgeX COPPERUSDC+0.0020%4h6.8339+0.037%$95K$319K20xas long as short
Lighter XCU+0.0032%1h6.8428+0.168%$478K$40K20xas long as short
Extended XCU-USD+0.0032%1h6.8332+0.028%$266K$2.6M20xas long as short
Vest HG-PERP+0.0046%1h6.8315+0.003%$82K25xas long as short
Phoenix COPPER+0.0047%1h6.8350+0.054%$45K$23K20xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8309−0.006%$2K$2K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.8281−0.047%$904$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8291−0.032%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.8326+0.019%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8280−0.048%$291K$32K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8370+0.083%$3K10xas long as short
Aevo COPPER-PERPshort+0.0104%1h6.8310−0.004%$31210x