Funding you earn now, next payment 07:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h 0.000%
Price spread now: QFEX against SunX−0.029%7-day average −0.007% · you buy dearer than you sell
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)+0.035%+$4 · spread now −0.029%, 7d avg −0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.023% cheaper against SunX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX COPPER-USDT | 6.8100 | 0 | get 0.0000% / 4h | 1h 26m | — | $6.4M | 20x |
| Short | QFEX COPPER-USD | 6.8080 | 0.0003 | get 0.0000% / 1h | 26m 43s | $1.5M | $129K | 20x |
SunX COPPER-USDT
QFEX COPPER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against SunX. 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
- $0.54
- Price spread: −0.029% → −0.007%
- −$2.27
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$19.73
- Costs to cover
- 0.180%
- Break-even
- 263.9 days
Slippage unknown: SunX: live order book, 12 min ago; QFEX: live order book, 5 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 SunX live order book, 12 min ago | 46.27 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 1.47 bp | 6.5 bp −$6 | 10.7 bp −$107 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin COPPER-USDT | −0.0052% | 4h | 6.8100 | 0.000% | $88K | $139K | 100x | as long as short |
| tradeXYZ xyz:COPPER | −0.0003% | 1h | 6.8039 | −0.090% | $10.6M | $5.0M | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8082 | −0.027% | $32K | $27K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8086 | −0.020% | $9.1M | $33.9M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8074 | −0.038% | $493K | $981K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.7950 | −0.220% | $1.3M | $523K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8080 | −0.029% | $26.2M | $5.0M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8080 | −0.029% | $2.9M | $2.0M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8063 | −0.054% | $734K | $1.4M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8090 | −0.015% | $98K | $2.4M | 25x | as long as short |
BloFin COPPER-USDT
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_PerpShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX COPPER-USDTlong | 0.0000% | 4h | 6.8100 | long leg | — | $6.4M | 20x | |
| HTX COPPER-USDT | 0.0000% | 4h | 6.8140 | +0.059% | $61K | $24K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8090 | −0.015% | $4.2M | $82K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.8077 | −0.033% | $177K | — | 250x | as long as short |
| QFEX COPPER-USDshort | +0.0003% | 1h | 6.8080 | −0.029% | $1.5M | $129K | 20x | |
| edgeX COPPERUSDC | +0.0010% | 4h | 6.8103 | +0.004% | $94K | $317K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.8043 | −0.083% | $275K | $2.3M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8064 | −0.053% | — | $82K | 25x | as long as short |
| Phoenix COPPER | +0.0047% | 1h | 6.8066 | −0.050% | $45K | $22K | 20x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8069 | −0.045% | $1K | $2K | 5x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8038 | −0.091% | $4K | $5K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8022 | −0.115% | $57K | $55K | 15x | as long as short |
| Lighter XCU | +0.0088% | 1h | 6.8195 | +0.140% | $477K | $42K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8064 | −0.052% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8090 | −0.015% | $278K | $37K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8140 | +0.059% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8069 | −0.046% | $311 | — | 10x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0108% | 1h | 6.8053 | −0.069% | $34K | $176K | 20x | as long as short |
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
edgeX COPPERUSDC
Extended XCU-USD
Vest HG-PERP
Phoenix COPPER
Paradex XCU-USD-PERP
SoDEX COPPER-USD
Ondo Perps COPPER-USD.P
Lighter XCU
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Kraken Futures PF_XCUUSD