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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.001%
Price spread now: Ondo Perps against SunX+0.071%7-day average · 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 7 days+0.053%+$5 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.071% dearer against SunX than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX COPPER-USDT6.79800get 0.0000% / 4h43m 37s$7.6M20x
ShortOndo Perps COPPER-USD.P6.80280.0050get 0.0006% / 1h43m 37s$57K$55K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$10.58
Price spread: +0.071% → 0.000%
$7.06
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$4.64
Costs to cover
0.130%
Break-even
3.9 days
Slippage unknown: SunX: live order book, 5 min ago; 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 SunX live order book, 5 min ago46.31 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
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
edgeX COPPERUSDC−0.0020%4h6.7988+0.012%$93K$319K20xas long as short
Aster XCUUSDT0.0000%4h6.7985+0.007%$32K$36K50xas long as short
Binance COPPERUSDT0.0000%4h6.79800.000%$9.0M$34.5M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.7948−0.047%$467K$1.2M50xas long as short
Gate XCU_USDT0.0000%8h6.7850−0.191%$1.3M$493K100xas long as short
MEXC COPPER_USDT0.0000%4h6.79800.000%$27.0M$4.9M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8000+0.029%$1.7M$1.0M100xas long as short
Variational Omni COPPER0.0000%4h6.7997+0.024%$739K$1.6Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8010+0.044%$91K$2.2M25xas long as short
SunX COPPER-USDTlong0.0000%4h6.7980long leg$7.6M20x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX COPPER-USDT0.0000%4h6.8000+0.029%$60K$27K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7910−0.103%$4.2M$80K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.7944−0.053%$176K250xas long as short
QFEX COPPER-USD+0.0013%1h6.79800.000%$1.5M$131K20xas long as short
Lighter XCU+0.0032%1h6.8066+0.127%$476K$45K20xas long as short
Phoenix COPPER+0.0035%1h6.8011+0.046%$45K$30K20xas long as short
Vest HG-PERP+0.0046%1h6.7946−0.050%$82K25xas long as short
BloFin COPPER-USDT+0.0049%4h6.8000+0.029%$87K$149K100xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.7977−0.005%$1K$3K5xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.7948−0.047%$10.4M$5.4M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.7951−0.043%$900$3K20xas long as short
Ondo Perps COPPER-USD.Pshort+0.0050%1h6.8028+0.071%$57K$55K15x
Pacifica COPPER+0.0100%1h6.7976−0.006%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.7970−0.015%$258K$25K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8040+0.088%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.7967−0.019%$31110xas long as short
Extended XCU-USD+0.0280%1h6.7953−0.040%$230K$2.9M20xas long as short
Kraken Futures PF_XCUUSD+0.0312%1h6.7909−0.104%$28K$173K20xas long as short