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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0001%/8h= +0.2% APRpaid last 24h 0.000%
Price spread now: gTrade (Gains Network) against SunX+0.010%7-day average +0.023% · you sell dearer than you buy
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 1 day (all we have)+0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.010%, 7d avg +0.023%
Together, before fees+0.029%+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX COPPER-USDT6.83300get 0.0000% / 4h2h 48m$6.6M20x
ShortgTrade (Gains Network) HG/USD6.8336L +0.0002% / S −0.0001%get 0.0000% / 1h48m 10s$178K250x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against SunX. 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
$0.3
Price spread: +0.010% → +0.023%
−$1.4
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$19.09
Costs to cover
0.180%
Break-even
447.7 days
Slippage unknown: SunX: live order book, 11 min ago; gTrade (Gains Network): virtual book (oracle venue), 31 min ago. 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 SunX live order book, 11 min ago46.12 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell gTrade (Gains Network) virtual book (oracle venue), 31 min ago130.01 bp213.6 bp −$2141617.5 bp −$16.2Kdoesn't fitdoesn't fit

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−0.0480%1h6.8334+0.006%$35K$176K20xas long as short
QFEX COPPER-USD−0.0001%1h6.83300.000%$1.5M$129K20xas long as short
Aster XCUUSDT0.0000%4h6.8348+0.027%$32K$27K50xas long as short
Binance COPPERUSDT0.0000%4h6.8345+0.022%$9.1M$33.0M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8300−0.044%$490K$970K50xas long as short
Gate XCU_USDT0.0000%8h6.8140−0.278%$1.3M$520K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8340+0.015%$26.8M$4.6M100xas long as short
Bitget COPPERUSDT0.0000%4h6.83300.000%$2.5M$1.7M100xas long as short
Variational Omni COPPER0.0000%4h6.8313−0.025%$741K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8320−0.015%$91K$2.2M25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX COPPER-USDTlong0.0000%4h6.8330long leg$6.6M20x
HTX COPPER-USDT0.0000%4h6.8360+0.044%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8190−0.205%$4.2M$79K100xas long as short
tradeXYZ xyz:COPPER0.0000%1h6.8312−0.026%$10.6M$4.9M20xas long as short
gTrade (Gains Network) HG/USDshortL +0.0002% / S −0.0001%1h6.8336+0.010%$178K250x
edgeX COPPERUSDC+0.0010%4h6.8283−0.069%$95K$318K20xas long as short
BloFin COPPER-USDT+0.0014%4h6.8310−0.029%$88K$138K100xas long as short
Phoenix COPPER+0.0023%1h6.8311−0.028%$45K$23K20xas long as short
Lighter XCU+0.0032%1h6.8443+0.165%$478K$39K20xas long as short
Extended XCU-USD+0.0032%1h6.8333+0.005%$275K$2.5M20xas long as short
Vest HG-PERP+0.0046%1h6.8333+0.004%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8322−0.011%$2K$2K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.8305−0.037%$904$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8310−0.029%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.8335+0.007%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8350+0.029%$279K$35K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8380+0.073%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8332+0.003%$31210xas long as short