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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC0.0000%/8hpaid last 24h +0.005%
Price spread now: Ondo Perps against Paradex−0.012%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 airdropParadex: Active · Ondo Perps: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex XCU-USD-PERP6.78890.0050pay 0.0050% / 8h4h 23m$1K$3K5x
ShortOndo Perps COPPER-USD.P6.78810.0050get 0.0006% / 1h23m 35s$62K$20K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Paradex. 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
$0.07
Price spread: −0.012% → 0.000%
−$1.22
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$10.14
Costs to cover
0.090%
Break-even
973.1 days
Slippage unknown: Paradex: no order-book sample; Ondo Perps: 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 Paradex no order-book sample
Sell Ondo Perps no order-book sample
Paradex and Ondo Perps: 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
BloFin COPPER-USDT−0.0035%4h6.7890+0.001%$88K$146K100xas long as short
edgeX COPPERUSDC−0.0004%4h6.7885−0.006%$93K$316K20xas long as short
Aster XCUUSDT0.0000%4h6.7868−0.031%$32K$52K50xas long as short
Binance COPPERUSDT0.0000%4h6.7910+0.031%$9.0M$34.7M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.7828−0.090%$558K$1.1M50xas long as short
Gate XCU_USDT0.0000%8h6.7750−0.205%$1.3M$518K100xas long as short
MEXC COPPER_USDT0.0000%4h6.7910+0.031%$25.6M$4.1M100xas long as short
Variational Omni COPPER0.0000%4h6.7885−0.007%$753K$1.6Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.7900+0.016%$95K$2.0M25xas long as short
SunX COPPER-USDT0.0000%4h6.7910+0.031%$7.9M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX COPPER-USDT0.0000%4h6.7930+0.060%$60K$28K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7900+0.016%$4.2M$80K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.7844−0.066%$176K250xas long as short
QFEX COPPER-USD+0.0014%1h6.7900+0.016%$1.5M$89K20xas long as short
Phoenix COPPER+0.0024%1h6.7865−0.036%$45K$30K20xas long as short
Extended XCU-USD+0.0032%1h6.7862−0.041%$240K$2.9M20xas long as short
Vest HG-PERP+0.0046%1h6.7851−0.056%$82K25xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.7866−0.034%$10.5M$5.8M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.7852−0.055%$898$3K20xas long as short
Paradex XCU-USD-PERPlong+0.0050%8h6.7889long leg$1K$3K5x
Ondo Perps COPPER-USD.Pshort+0.0050%1h6.7881−0.012%$62K$20K15x
Bitget COPPERUSDT+0.0084%4h6.7910+0.031%$1.7M$1.0M100xas long as short
Kraken Futures PF_XCUUSD+0.0095%1h6.7888−0.002%$26K$209K20xas long as short
Pacifica COPPER+0.0100%1h6.7901+0.018%$25K$11K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.7870−0.028%$258K$25K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.7960+0.104%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.7901+0.018%$31010xas long as short
Lighter XCU+0.0144%1h6.7979+0.132%$476K$46K20xas long as short