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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.019%
Price spread now: Pacifica against Ondo Perps+0.019%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 airdropOndo Perps: Active · Pacifica: 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
LongOndo Perps COPPER-USD.P6.81350.0050pay 0.0006% / 1h42m 37s$57K$53K15x
ShortPacifica COPPER6.81480.0100get 0.0013% / 1h42m 37s$23K$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Ondo Perps. 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
$10.42
Price spread: +0.019% → 0.000%
$1.94
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$0.65
Costs to cover
0.130%
Break-even
7.4 days
Slippage unknown: Ondo Perps: no order-book sample; 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 Ondo Perps no order-book sample
Sell Pacifica no order-book sample
Ondo Perps and 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
tradeXYZ xyz:COPPER−0.0058%1h6.8110−0.037%$10.8M$5.1M20xas long as short
BloFin COPPER-USDT−0.0031%4h6.8190+0.081%$88K$148K100xas long as short
Aster XCUUSDT0.0000%4h6.8177+0.062%$32K$28K50xas long as short
Binance COPPERUSDT0.0000%4h6.8180+0.066%$9.0M$33.6M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8136+0.001%$497K$1.0M50xas long as short
Gate XCU_USDT0.0000%8h6.8030−0.154%$1.3M$504K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8170+0.051%$26.3M$5.5M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8170+0.051%$2.9M$1.6M100xas long as short
Variational Omni COPPER0.0000%4h6.8284+0.218%$759K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8270+0.198%$94K$2.4M25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX COPPER-USDT0.0000%4h6.8180+0.066%$5.9M20xas long as short
HTX COPPER-USDT0.0000%4h6.8210+0.110%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8150+0.022%$4.2M$83K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8144+0.014%$178K250xas long as short
edgeX COPPERUSDC+0.0003%4h6.8274+0.204%$95K$320K20xas long as short
QFEX COPPER-USD+0.0018%1h6.8160+0.037%$1.5M$140K20xas long as short
Extended XCU-USD+0.0032%1h6.8149+0.021%$273K$1.9M20xas long as short
Vest HG-PERP+0.0046%1h6.8160+0.037%$82K25xas long as short
SoDEX COPPER-USD+0.0050%1h6.8132−0.004%$4K$5K20xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8139+0.006%$1K$1K5xas long as short
Ondo Perps COPPER-USD.Plong+0.0050%1h6.8135long leg$57K$53K15x
Lighter XCU+0.0056%1h6.8263+0.188%$478K$26K20xas long as short
Kraken Futures PF_XCUUSD+0.0076%1h6.8144+0.013%$34K$178K20xas long as short
Pacifica COPPERshort+0.0100%1h6.8148+0.019%$23K$14K10x
KuCoin COPPERUSDTM+0.0100%4h6.8150+0.022%$265K$39K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8230+0.139%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8156+0.031%$31210xas long as short
Phoenix COPPER+0.0129%1h6.8175+0.059%$45K$22K20xas long as short