Funding you earn now, next payment 11:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.014%
Price spread now: Paradex 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
Funding, last 2 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) HG/USD | 6.8425 | L +0.0002% / S −0.0001% | pay 0.0000% / 1h | 44m 33s | $178K | — | 250x |
| Short | Paradex XCU-USD-PERP | 6.8422 | 0.0050 | get 0.0050% / 8h | 5h 44m | $2K | $825 | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.11
- Price spread: −0.004% → 0.000%
- −$0.4
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$4.29
- Costs to cover
- 0.140%
- Break-even
- 10.0 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle exchange), 2 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy gTrade (Gains Network) virtual book (oracle exchange), 2 min ago | 130.01 bp | 229.7 bp −$230 | 1613.4 bp −$16.1K | 13153.2 bp −$1.32M | doesn't fit |
| 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 exchanges
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 | −0.0016% | 4h | 6.8450 | +0.036% | $89K | $158K | 100x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8459 | +0.049% | $35K | $31K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8446 | +0.030% | $9.0M | $32.0M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8370 | −0.081% | $512K | $807K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.8310 | −0.168% | $1.3M | $181K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8450 | +0.036% | $26.3M | $5.6M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8420 | −0.008% | $3.7M | $2.0M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8428 | +0.003% | $774K | $538K | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8465 | +0.058% | $92K | $2.3M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.8440 | +0.022% | — | $4.8M | 20x | as long as short |
Show all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX COPPER-USDT | 0.0000% | 4h | 6.8480 | +0.080% | $61K | $71K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8390 | −0.051% | $4.2M | $82K | 100x | as long as short |
| gTrade (Gains Network) HG/USDlong | L +0.0002% / S −0.0001% | 1h | 6.8425 | long leg | $178K | — | 250x | |
| QFEX COPPER-USD | +0.0011% | 1h | 6.8420 | −0.008% | $1.5M | $150K | 20x | as long as short |
| edgeX COPPERUSDC | +0.0011% | 4h | 6.8449 | +0.035% | $95K | $321K | 20x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.8522 | +0.141% | $480K | $25K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.8427 | +0.003% | $271K | $1.7M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8417 | −0.012% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.8420 | −0.008% | $10.8M | $3.8M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8427 | +0.003% | $906 | $6K | 20x | as long as short |
| Paradex XCU-USD-PERPshort | +0.0050% | 8h | 6.8422 | −0.004% | $2K | $825 | 5x | |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8432 | +0.010% | $59K | $52K | 15x | as long as short |
| Phoenix COPPER | +0.0093% | 1h | 6.8443 | +0.026% | $44K | $18K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8437 | +0.017% | $24K | $13K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8460 | +0.051% | $267K | $39K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8510 | +0.124% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8433 | +0.012% | $313 | — | 10x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0337% | 1h | 6.8447 | +0.032% | $34K | $180K | 20x | as long as short |
gTrade (Gains Network) HG/USD
Paradex XCU-USD-PERP
BloFin COPPER-USDT
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Bitget COPPERUSDT
Variational Omni COPPER
GRVT COPPER_USDT_Perp
SunX COPPER-USDT
HTX COPPER-USDT
Phemex COPPERUSDT
edgeX COPPERUSDC
Lighter XCU
Extended XCU-USD
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Phoenix COPPER
Pacifica COPPER
KuCoin COPPERUSDTM
Kraken Futures PF_XCUUSD