Funding you earn now, next payment 06:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h +0.001%
Price spread now: SunX against QFEX+0.015%7-day average +0.007% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)−0.015%−$1 · spread now +0.015%, 7d avg +0.007%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX COPPER-USD | 6.8210 | −0.0001 | get 0.0000% / 1h | 10m 34s | $1.5M | $130K | 20x |
| Short | SunX COPPER-USDT | 6.8220 | 0 | get 0.0000% / 4h | 2h 10m | — | $6.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against QFEX. 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
- $0.12
- Price spread: +0.015% → +0.007%
- $0.79
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$17.09
- Costs to cover
- 0.180%
- Break-even
- 1024.4 days
Slippage unknown: QFEX: live order book, 1 min ago; SunX: live order book, 8 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 QFEX live order book, 1 min ago | 2.20 bp | 10.1 bp −$10 | 12.8 bp −$128 | doesn't fit | doesn't fit |
| Sell SunX live order book, 8 min ago | 46.24 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0481% | 1h | 6.8209 | −0.002% | $34K | $176K | 20x | as long as short |
| tradeXYZ xyz:COPPER | −0.0006% | 1h | 6.8185 | −0.037% | $10.6M | $5.0M | 20x | as long as short |
| QFEX COPPER-USDlong | −0.0001% | 1h | 6.8210 | long leg | $1.5M | $130K | 20x | |
| Aster XCUUSDT | 0.0000% | 4h | 6.8225 | +0.022% | $32K | $27K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8230 | +0.029% | $9.2M | $33.4M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8176 | −0.050% | $498K | $973K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.8070 | −0.205% | $1.3M | $531K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8230 | +0.029% | $26.4M | $4.9M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8220 | +0.015% | $2.9M | $2.0M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8223 | +0.019% | $740K | $1.4M | — | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8119 | −0.134% | $94K | $2.3M | 25x | as long as short |
| SunX COPPER-USDTshort | 0.0000% | 4h | 6.8220 | +0.015% | — | $6.5M | 20x | |
| HTX COPPER-USDT | 0.0000% | 4h | 6.8250 | +0.059% | $61K | $24K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8210 | 0.000% | $4.2M | $81K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.8191 | −0.027% | $178K | — | 250x | as long as short |
| edgeX COPPERUSDC | +0.0007% | 4h | 6.8161 | −0.072% | $94K | $317K | 20x | as long as short |
| Phoenix COPPER | +0.0023% | 1h | 6.8137 | −0.107% | $45K | $23K | 20x | as long as short |
| BloFin COPPER-USDT | +0.0025% | 4h | 6.8210 | 0.000% | $88K | $139K | 100x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.8286 | +0.111% | $477K | $40K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.8198 | −0.018% | $276K | $2.4M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8189 | −0.031% | — | $82K | 25x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8203 | −0.011% | $2K | $2K | 5x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8191 | −0.028% | $903 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8245 | +0.051% | $57K | $55K | 15x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8201 | −0.014% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8220 | +0.015% | $278K | $35K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8270 | +0.088% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8210 | 0.000% | $312 | — | 10x | as long as short |
SunX COPPER-USDT
Kraken Futures PF_XCUUSD
tradeXYZ xyz:COPPER
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Bitget COPPERUSDT
Variational Omni COPPER
GRVT COPPER_USDT_Perp
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
edgeX COPPERUSDC
Phoenix COPPER
BloFin COPPER-USDT
Lighter XCU
Extended XCU-USD
Paradex XCU-USD-PERP
SoDEX COPPER-USD
Pacifica COPPER
KuCoin COPPERUSDTM