COPPER

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Binance against MEXC+0.018%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

costs, in and out, $10k−$140.144% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days−0.023%−$2 · spread now +0.018%, 7d avg +0.002%

Together, before fees−0.023%−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC COPPER_USDT	6.8220	0	get 0.0000% / 4h	2h 04m	$26.7M	$4.9M	100x
Short	Binance COPPERUSDT	6.8232	0	get 0.0000% / 4h	2h 04m	$9.2M	$33.5M	100x

Funding history

latest

Range statsloading…

Binance against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee MEXCbpFee BinancebpOrdersPrice spread, now +0.018%Rate

Slippage from MEXC: live order book, 5 min ago; Binance: live order book, 7 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 5 min ago	0.73 bp	0.7 bp −$1	1.4 bp −$14	9.2 bp −$919	430.4 bp −$215.2K
Sell Binance live order book, 7 min ago	0.73 bp	5.7 bp −$6	10.6 bp −$106	73.3 bp −$7,330	doesn't fit

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
Kraken Futures PF_XCUUSD	−0.0481%	1h	6.8223	+0.004%	$35K	$176K	20x	as long as short
QFEX COPPER-USD	−0.0001%	1h	6.8230	+0.015%	$1.5M	$130K	20x	as long as short
tradeXYZ xyz:COPPER	0.0000%	1h	6.8191	−0.043%	$10.6M	$5.0M	20x	as long as short
Aster XCUUSDT	0.0000%	4h	6.8232	+0.018%	$32K	$27K	50x	as long as short
Binance COPPERUSDTshort	0.0000%	4h	6.8232	+0.018%	$9.2M	$33.5M	100x
OKX XCU-USDT-SWAP	0.0000%	8h	6.8178	−0.062%	$498K	$973K	50x	as long as short
Gate XCU_USDT	0.0000%	8h	6.8080	−0.205%	$1.3M	$533K	100x	as long as short
MEXC COPPER_USDTlong	0.0000%	4h	6.8220	long leg	$26.7M	$4.9M	100x
Bitget COPPERUSDT	0.0000%	4h	6.8230	+0.015%	$2.9M	$2.0M	100x	as long as short
Variational Omni COPPER	0.0000%	4h	6.8243	+0.034%	$740K	$1.4M	—	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT COPPER_USDT_Perp	0.0000%	4h	6.8264	+0.065%	$95K	$2.3M	25x	as long as short
SunX COPPER-USDT	0.0000%	4h	6.8220	0.000%	—	$6.5M	20x	as long as short
HTX COPPER-USDT	0.0000%	4h	6.8250	+0.044%	$61K	$24K	75x	as long as short
Phemex COPPERUSDT	0.0000%	4h	6.8170	−0.073%	$4.2M	$81K	100x	as long as short
gTrade (Gains Network) HG/USD	L +0.0002% / S −0.0001%	1h	6.8205	−0.021%	$178K	—	250x	as long as short
edgeX COPPERUSDC	+0.0017%	4h	6.8245	+0.036%	$95K	$319K	20x	as long as short
BloFin COPPER-USDT	+0.0021%	4h	6.8220	0.000%	$87K	$139K	100x	as long as short
Phoenix COPPER	+0.0023%	1h	6.8223	+0.004%	$45K	$23K	20x	as long as short
Lighter XCU	+0.0032%	1h	6.8314	+0.138%	$477K	$40K	20x	as long as short
Extended XCU-USD	+0.0032%	1h	6.8212	−0.012%	$276K	$2.4M	20x	as long as short
Vest HG-PERP	+0.0046%	1h	6.8205	−0.022%	—	$82K	25x	as long as short
Paradex XCU-USD-PERP	+0.0050%	8h	6.8207	−0.019%	$2K	$2K	5x	as long as short
SoDEX COPPER-USD	+0.0050%	1h	6.8182	−0.056%	$903	$3K	20x	as long as short
Ondo Perps COPPER-USD.P	+0.0050%	1h	6.8274	+0.079%	$57K	$55K	15x	as long as short
Pacifica COPPER	+0.0100%	1h	6.8201	−0.028%	$23K	$14K	10x	as long as short
KuCoin COPPERUSDTM	+0.0100%	4h	6.8230	+0.015%	$278K	$35K	50x	as long as short
Orderly PERP_COPPER_USDC_mythos	+0.0100%	8h	6.8300	+0.117%	$3K	—	10x	as long as short
Aevo COPPER-PERP	+0.0104%	1h	6.8219	−0.002%	$312	—	10x	as long as short