Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.50 per $10,000 · paid last 24h −0.010%
Price spread now: Gate against Paradex−0.283%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
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.283% cheaper against Paradex than usual: you would sell low and buy high (−$28 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 | Paradex XCU-USD-PERP | 6.8273 | 0.0050 | pay 0.0050% / 8h | 3h 46m | $2K | $2K | 5x |
| Short | Gate XCU_USDT | 6.8080 | 0 | get 0.0000% / 8h | 3h 46m | $1.3M | $497K | 100x |
Paradex XCU-USD-PERP
Gate XCU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Paradex. 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
- −$10.5
- Price spread: −0.283% → 0.000%
- −$28.27
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$57.77
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Gate: live order book, 1 min ago. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 1 min ago | 1.47 bp | 51.5 bp −$51 | 225.8 bp −$2,258 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XCUUSD | −0.0404% | 1h | 6.8249 | −0.034% | $35K | $176K | 20x | as long as short |
| tradeXYZ xyz:COPPER | −0.0090% | 1h | 6.8262 | −0.016% | $10.5M | $4.8M | 20x | as long as short |
| BloFin COPPER-USDT | −0.0004% | 4h | 6.8270 | −0.004% | $88K | $144K | 100x | as long as short |
| QFEX COPPER-USD | −0.0003% | 1h | 6.8280 | +0.010% | $1.5M | $129K | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8301 | +0.041% | $32K | $27K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8290 | +0.025% | $9.1M | $33.0M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8279 | +0.009% | $481K | $961K | 50x | as long as short |
| Gate XCU_USDTshort | 0.0000% | 8h | 6.8080 | −0.283% | $1.3M | $497K | 100x | |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8280 | +0.010% | $25.8M | $4.3M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8290 | +0.025% | $2.5M | $1.7M | 100x | as long as short |
Kraken Futures PF_XCUUSD
tradeXYZ xyz:COPPER
BloFin COPPER-USDT
QFEX COPPER-USD
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
MEXC COPPER_USDT
Bitget COPPERUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni COPPER | 0.0000% | 4h | 6.8273 | 0.000% | $743K | $1.4M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8252 | −0.031% | $88K | $2.2M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.8280 | +0.010% | — | $6.6M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | 6.8300 | +0.040% | $61K | $24K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8180 | −0.136% | $4.2M | $78K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.8289 | +0.024% | $178K | — | 250x | as long as short |
| edgeX COPPERUSDC | +0.0005% | 4h | 6.8237 | −0.053% | $95K | $319K | 20x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.8387 | +0.167% | $478K | $40K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.8293 | +0.029% | $266K | $2.6M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8289 | +0.023% | — | $82K | 25x | as long as short |
| Phoenix COPPER | +0.0047% | 1h | 6.8294 | +0.031% | $45K | $23K | 20x | as long as short |
| Paradex XCU-USD-PERPlong | +0.0050% | 8h | 6.8273 | long leg | $2K | $2K | 5x | |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8265 | −0.012% | $904 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8201 | −0.105% | $57K | $55K | 15x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8295 | +0.032% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8260 | −0.019% | $291K | $32K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8340 | +0.098% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8271 | −0.002% | $312 | — | 10x | as long as short |
Variational Omni COPPER
GRVT COPPER_USDT_Perp
SunX COPPER-USDT
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
edgeX COPPERUSDC
Lighter XCU
Extended XCU-USD
Vest HG-PERP
Phoenix COPPER
SoDEX COPPER-USD
Ondo Perps COPPER-USD.P
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP