Funding you earn now, next payment 21:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.039%
Price spread now: Paradex against Pacifica−0.029%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropPacifica: Active · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Paradex is 0.029% cheaper against Pacifica than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica COPPER | 6.7869 | 0.0100 | pay 0.0013% / 1h | 32m 32s | $25K | $13K | 10x |
| Short | Paradex XCU-USD-PERP | 6.7849 | 0.0052 | get 0.0052% / 8h | 3h 32m | $1K | $3K | 5x |
Pacifica COPPER
Paradex XCU-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Pacifica. 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
- −$10.15
- Price spread: −0.029% → 0.000%
- −$2.92
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$25.07
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Pacifica: no order-book sample; Paradex: 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell Paradex no order-book sample | — | — | — | — | — |
Pacifica and Paradex: 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin COPPER-USDT | −0.0011% | 4h | 6.7870 | +0.002% | $88K | $147K | 100x | as long as short |
| edgeX COPPERUSDC | −0.0003% | 4h | 6.7867 | −0.002% | $93K | $317K | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.7880 | +0.016% | $32K | $52K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.7874 | +0.008% | $8.9M | $34.8M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.7823 | −0.068% | $469K | $1.2M | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.7770 | −0.146% | $1.3M | $522K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.7870 | +0.002% | $25.6M | $4.1M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.7866 | −0.004% | $748K | $1.6M | — | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.7860 | −0.013% | — | $7.9M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | 6.7880 | +0.016% | $60K | $28K | 75x | as long as short |
BloFin COPPER-USDT
edgeX COPPERUSDC
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Variational Omni COPPER
SunX COPPER-USDT
HTX COPPER-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex COPPERUSDT | 0.0000% | 4h | 6.7870 | +0.002% | $4.2M | $81K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.7798 | −0.105% | $176K | — | 25x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.7813 | −0.083% | $236K | $2.9M | 20x | as long as short |
| QFEX COPPER-USD | +0.0042% | 1h | 6.7870 | +0.002% | $1.5M | $138K | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.7792 | −0.113% | — | $82K | 25x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.7837 | −0.047% | $898 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.7795 | −0.109% | $62K | $24K | 15x | as long as short |
| Paradex XCU-USD-PERPshort | +0.0052% | 8h | 6.7849 | −0.029% | $1K | $3K | 5x | |
| Pacifica COPPERlong | +0.0100% | 1h | 6.7869 | long leg | $25K | $13K | 10x | |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.7830 | −0.057% | $258K | $25K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.7930 | +0.090% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.7858 | −0.016% | $310 | — | 10x | as long as short |
| Bitget COPPERUSDT | +0.0132% | 4h | 6.7860 | −0.013% | $1.7M | $1.1M | 100x | as long as short |
| tradeXYZ xyz:COPPER | +0.0159% | 1h | 6.7841 | −0.041% | $10.4M | $5.9M | 20x | as long as short |
| Phoenix COPPER | +0.0212% | 1h | 6.7882 | +0.019% | $45K | $30K | 20x | as long as short |
| Lighter XCU | +0.0224% | 1h | 6.7941 | +0.106% | $476K | $46K | 20x | as long as short |
| GRVT COPPER_USDT_Perp | +0.0286% | 4h | 6.7878 | +0.014% | $87K | $2.1M | 25x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0573% | 1h | 6.7877 | +0.012% | $26K | $177K | 20x | as long as short |
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
Extended XCU-USD
QFEX COPPER-USD
Vest HG-PERP
SoDEX COPPER-USD
Ondo Perps COPPER-USD.P
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Bitget COPPERUSDT
tradeXYZ xyz:COPPER
Phoenix COPPER
Lighter XCU
GRVT COPPER_USDT_Perp
Kraken Futures PF_XCUUSD