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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XCU-USDT-SWAP6.80680get 0.0000% / 8h1h 49m$497K$971K50x
ShortPacifica COPPER6.81120.0100get 0.0013% / 1h49m 17s$23K$14K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 47 min ago0.66 bp7.5 bp −$731.1 bp −$311doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XCUUSDT0.0000%4h6.8124+0.082%$32K$27K50xas long as short
Binance COPPERUSDT0.0000%4h6.8111+0.063%$9.2M$33.6M100xas long as short
OKX XCU-USDT-SWAPlong0.0000%8h6.8068long leg$497K$971K50x
Gate XCU_USDT0.0000%8h6.7990−0.115%$1.3M$520K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8110+0.062%$26.6M$4.7M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8120+0.076%$2.9M$2.0M100xas long as short
Variational Omni COPPER0.0000%4h6.8124+0.082%$735K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8150+0.120%$93K$2.3M25xas long as short
SunX COPPER-USDT0.0000%4h6.8120+0.076%$6.5M20xas long as short
HTX COPPER-USDT0.0000%4h6.8190+0.179%$61K$24K75xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex COPPERUSDT0.0000%4h6.8100+0.047%$4.2M$82K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8091+0.033%$178K250xas long as short
QFEX COPPER-USD+0.0003%1h6.8120+0.076%$1.5M$130K20xas long as short
edgeX COPPERUSDC+0.0008%4h6.8177+0.161%$94K$318K20xas long as short
BloFin COPPER-USDT+0.0020%4h6.8130+0.091%$88K$138K100xas long as short
tradeXYZ xyz:COPPER+0.0024%1h6.8070+0.003%$10.6M$5.0M20xas long as short
Extended XCU-USD+0.0032%1h6.8082+0.021%$273K$2.4M20xas long as short
Vest HG-PERP+0.0046%1h6.8094+0.038%$82K25xas long as short
Phoenix COPPER+0.0047%1h6.8118+0.073%$45K$22K20xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8106+0.055%$1K$2K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.8062−0.009%$901$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8207+0.204%$57K$55K15xas long as short
Lighter XCU+0.0056%1h6.8209+0.207%$477K$41K20xas long as short
Pacifica COPPERshort+0.0100%1h6.8112+0.065%$23K$14K10x
KuCoin COPPERUSDTM+0.0100%4h6.8110+0.062%$278K$37K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8190+0.179%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8112+0.064%$31110xas long as short
Kraken Futures PF_XCUUSD+0.0108%1h6.8107+0.057%$34K$176K20xas long as short