Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Pacifica against OKX+0.065%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
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.065% dearer against OKX 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 | OKX XCU-USDT-SWAP | 6.8068 | 0 | get 0.0000% / 8h | 1h 49m | $497K | $971K | 50x |
| Short | Pacifica COPPER | 6.8112 | 0.0100 | get 0.0013% / 1h | 49m 17s | $23K | $14K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against OKX. 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
- $21
- Price spread: +0.065% → 0.000%
- $6.51
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $9.51
- Costs to cover
- 0.180%
- Break-even
- 3.8 days
Slippage unknown: OKX: live order book, 47 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 OKX live order book, 47 min ago | 0.66 bp | 7.5 bp −$7 | 31.1 bp −$311 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster XCUUSDT | 0.0000% | 4h | 6.8124 | +0.082% | $32K | $27K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8111 | +0.063% | $9.2M | $33.6M | 100x | as long as short |
| OKX XCU-USDT-SWAPlong | 0.0000% | 8h | 6.8068 | long leg | $497K | $971K | 50x | |
| Gate XCU_USDT | 0.0000% | 8h | 6.7990 | −0.115% | $1.3M | $520K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8110 | +0.062% | $26.6M | $4.7M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8120 | +0.076% | $2.9M | $2.0M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8124 | +0.082% | $735K | $1.4M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8150 | +0.120% | $93K | $2.3M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.8120 | +0.076% | — | $6.5M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | 6.8190 | +0.179% | $61K | $24K | 75x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8100 | +0.047% | $4.2M | $82K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.8091 | +0.033% | $178K | — | 250x | as long as short |
| QFEX COPPER-USD | +0.0003% | 1h | 6.8120 | +0.076% | $1.5M | $130K | 20x | as long as short |
| edgeX COPPERUSDC | +0.0008% | 4h | 6.8177 | +0.161% | $94K | $318K | 20x | as long as short |
| BloFin COPPER-USDT | +0.0020% | 4h | 6.8130 | +0.091% | $88K | $138K | 100x | as long as short |
| tradeXYZ xyz:COPPER | +0.0024% | 1h | 6.8070 | +0.003% | $10.6M | $5.0M | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.8082 | +0.021% | $273K | $2.4M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8094 | +0.038% | — | $82K | 25x | as long as short |
| Phoenix COPPER | +0.0047% | 1h | 6.8118 | +0.073% | $45K | $22K | 20x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8106 | +0.055% | $1K | $2K | 5x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8062 | −0.009% | $901 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8207 | +0.204% | $57K | $55K | 15x | as long as short |
| Lighter XCU | +0.0056% | 1h | 6.8209 | +0.207% | $477K | $41K | 20x | as long as short |
| Pacifica COPPERshort | +0.0100% | 1h | 6.8112 | +0.065% | $23K | $14K | 10x | |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8110 | +0.062% | $278K | $37K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8190 | +0.179% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8112 | +0.064% | $311 | — | 10x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0108% | 1h | 6.8107 | +0.057% | $34K | $176K | 20x | as long as short |
OKX XCU-USDT-SWAP
Pacifica COPPER
Aster XCUUSDT
Binance COPPERUSDT
Gate XCU_USDT
MEXC COPPER_USDT
Bitget COPPERUSDT
Variational Omni COPPER
GRVT COPPER_USDT_Perp
SunX COPPER-USDT
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
edgeX COPPERUSDC
BloFin COPPER-USDT
tradeXYZ xyz:COPPER
Extended XCU-USD
Phoenix COPPER
Paradex XCU-USD-PERP
SoDEX COPPER-USD
Lighter XCU
KuCoin COPPERUSDTM
Kraken Futures PF_XCUUSD