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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h +0.006%
Price spread now: SoDEX against Ondo Perps−0.044%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 3 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 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.044% cheaper against Ondo Perps than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps COPPER-USD.P6.81390.0050pay 0.0006% / 1h48m 32s$57K$55K15x
ShortSoDEX COPPER-USD6.81090.0050get 0.0006% / 1h48m 32s$902$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$0.08
Price spread: −0.044% → 0.000%
−$4.4
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$17.49
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; SoDEX: 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 SoDEX no order-book sample
Ondo Perps and SoDEX: 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 27 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
QFEX COPPER-USD0.0000%1h6.8120−0.028%$1.5M$129K20xas long as short
Aster XCUUSDT0.0000%4h6.8137−0.002%$32K$21K50xas long as short
Binance COPPERUSDT0.0000%4h6.8130−0.013%$9.1M$32.4M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8107−0.047%$472K$939K50xas long as short
Gate XCU_USDT0.0000%8h6.7990−0.219%$1.3M$478K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8130−0.013%$26.0M$4.2M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8160+0.031%$1.7M$999K100xas long as short
Variational Omni COPPER0.0000%4h6.8132−0.011%$742K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8154+0.022%$95K$2.0M25xas long as short
SunX COPPER-USDT0.0000%4h6.8150+0.016%$6.7M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX COPPER-USDT0.0000%4h6.8180+0.060%$61K$25K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7990−0.219%$4.2M$75K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8103−0.053%$178K250xas long as short
Phoenix COPPER+0.0012%1h6.8126−0.019%$45K$23K20xas long as short
edgeX COPPERUSDC+0.0018%4h6.8170+0.046%$94K$318K20xas long as short
Vest HG-PERP+0.0046%1h6.8103−0.053%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8121−0.026%$1K$2K5xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.8099−0.059%$10.4M$4.8M20xas long as short
SoDEX COPPER-USDshort+0.0050%1h6.8109−0.044%$902$3K20x
Ondo Perps COPPER-USD.Plong+0.0050%1h6.8139long leg$57K$55K15x
Lighter XCU+0.0064%1h6.8222+0.122%$477K$39K20xas long as short
Pacifica COPPER+0.0100%1h6.8105−0.050%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8120−0.028%$258K$21K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8200+0.090%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8132−0.011%$31110xas long as short
Kraken Futures PF_XCUUSD+0.0195%1h6.8142+0.005%$32K$176K20xas long as short
Extended XCU-USD+0.0496%1h6.8110−0.042%$224K$2.8M20xas long as short