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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 2 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
LonggTrade (Gains Network) HG/USD6.8425L +0.0002% / S −0.0001%pay 0.0000% / 1h44m 33s$178K250x
ShortParadex XCU-USD-PERP6.84220.0050get 0.0050% / 8h5h 44m$2K$8255x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) virtual book (oracle exchange), 2 min ago130.01 bp229.7 bp −$2301613.4 bp −$16.1K13153.2 bp −$1.32Mdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin COPPER-USDT−0.0016%4h6.8450+0.036%$89K$158K100xas long as short
Aster XCUUSDT0.0000%4h6.8459+0.049%$35K$31K50xas long as short
Binance COPPERUSDT0.0000%4h6.8446+0.030%$9.0M$32.0M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8370−0.081%$512K$807K50xas long as short
Gate XCU_USDT0.0000%8h6.8310−0.168%$1.3M$181K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8450+0.036%$26.3M$5.6M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8420−0.008%$3.7M$2.0M100xas long as short
Variational Omni COPPER0.0000%4h6.8428+0.003%$774K$538Kas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8465+0.058%$92K$2.3M25xas long as short
SunX COPPER-USDT0.0000%4h6.8440+0.022%$4.8M20xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX COPPER-USDT0.0000%4h6.8480+0.080%$61K$71K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8390−0.051%$4.2M$82K100xas long as short
gTrade (Gains Network) HG/USDlongL +0.0002% / S −0.0001%1h6.8425long leg$178K250x
QFEX COPPER-USD+0.0011%1h6.8420−0.008%$1.5M$150K20xas long as short
edgeX COPPERUSDC+0.0011%4h6.8449+0.035%$95K$321K20xas long as short
Lighter XCU+0.0032%1h6.8522+0.141%$480K$25K20xas long as short
Extended XCU-USD+0.0032%1h6.8427+0.003%$271K$1.7M20xas long as short
Vest HG-PERP+0.0046%1h6.8417−0.012%$36K25xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.8420−0.008%$10.8M$3.8M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.8427+0.003%$906$6K20xas long as short
Paradex XCU-USD-PERPshort+0.0050%8h6.8422−0.004%$2K$8255x
Ondo Perps COPPER-USD.P+0.0050%1h6.8432+0.010%$59K$52K15xas long as short
Phoenix COPPER+0.0093%1h6.8443+0.026%$44K$18K20xas long as short
Pacifica COPPER+0.0100%1h6.8437+0.017%$24K$13K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8460+0.051%$267K$39K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8510+0.124%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8433+0.012%$31310xas long as short
Kraken Futures PF_XCUUSD+0.0337%1h6.8447+0.032%$34K$180K20xas long as short