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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: SoDEX against Paradex−0.002%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 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex XCU-USD-PERP6.82260.0050pay 0.0050% / 8h3h 41m$2K$2K5x
ShortSoDEX COPPER-USD6.82250.0050get 0.0006% / 1h41m 48s$903$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
Price spread: −0.002% → 0.000%
−$0.17
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$12.17
Costs to cover
0.120%
Break-even
12456162.3 days
Slippage unknown: Paradex: 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 Paradex no order-book sample
Sell SoDEX no order-book sample
Paradex 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 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
Kraken Futures PF_XCUUSD−0.0404%1h6.8190−0.053%$34K$176K20xas long as short
tradeXYZ xyz:COPPER−0.0070%1h6.8214−0.018%$10.5M$4.8M20xas long as short
QFEX COPPER-USD−0.0003%1h6.8240+0.020%$1.5M$129K20xas long as short
Aster XCUUSDT0.0000%4h6.8247+0.031%$32K$27K50xas long as short
Binance COPPERUSDT0.0000%4h6.8235+0.013%$9.1M$33.0M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8239+0.019%$481K$961K50xas long as short
Gate XCU_USDT0.0000%8h6.8060−0.244%$1.3M$498K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8240+0.020%$25.9M$4.3M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8240+0.020%$2.5M$1.7M100xas long as short
Variational Omni COPPER0.0000%4h6.8273+0.069%$743K$1.4Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COPPER_USDT_Perp0.0000%4h6.8269+0.063%$97K$2.2M25xas long as short
SunX COPPER-USDT0.0000%4h6.8240+0.020%$6.6M20xas long as short
HTX COPPER-USDT0.0000%4h6.8300+0.108%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8140−0.126%$4.2M$78K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8236+0.015%$178K250xas long as short
BloFin COPPER-USDT+0.0014%4h6.8280+0.079%$88K$135K100xas long as short
edgeX COPPERUSDC+0.0020%4h6.8281+0.081%$95K$320K20xas long as short
Lighter XCU+0.0032%1h6.8330+0.152%$477K$40K20xas long as short
Extended XCU-USD+0.0032%1h6.8241+0.022%$263K$2.6M20xas long as short
Vest HG-PERP+0.0046%1h6.8241+0.022%$82K25xas long as short
Phoenix COPPER+0.0047%1h6.8269+0.063%$45K$23K20xas long as short
Paradex XCU-USD-PERPlong+0.0050%8h6.8226long leg$2K$2K5x
SoDEX COPPER-USDshort+0.0050%1h6.8225−0.002%$903$3K20x
Ondo Perps COPPER-USD.P+0.0050%1h6.8302+0.111%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.8248+0.032%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8260+0.050%$291K$32K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8300+0.108%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8235+0.013%$31210xas long as short