Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.016%
Price spread now: Ondo Perps against tradeXYZ−0.091%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.127%+$13 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdroptradeXYZ: Active · Ondo Perps: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.091% cheaper against tradeXYZ than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:COPPER | 6.8208 | 0.0050 | pay 0.0006% / 1h | 33m 27s | $10.5M | $4.8M | 20x |
| Short | Ondo Perps COPPER-USD.P | 6.8146 | 0.0050 | get 0.0006% / 1h | 33m 27s | $57K | $55K | 15x |
tradeXYZ xyz:COPPER
Ondo Perps COPPER-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against tradeXYZ. 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
- $0.08
- Price spread: −0.091% → 0.000%
- −$9.09
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$32.01
- Costs to cover
- 0.230%
- Break-even
- 2674.2 days
Slippage unknown: tradeXYZ: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 5 min ago | 0.88 bp | 10.5 bp −$10 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XCUUSDT | 0.0000% | 4h | 6.8222 | +0.021% | $32K | $27K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8226 | +0.026% | $9.0M | $32.6M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8209 | +0.001% | $476K | $958K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.8090 | −0.173% | $1.3M | $495K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8220 | +0.018% | $26.0M | $4.2M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8230 | +0.032% | $1.7M | $1.1M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8203 | −0.007% | $742K | $1.4M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8219 | +0.016% | $89K | $2.1M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.8200 | −0.012% | — | $6.6M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | 6.8230 | +0.032% | $61K | $24K | 75x | as long as short |
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Bitget COPPERUSDT
Variational Omni COPPER
GRVT COPPER_USDT_Perp
SunX COPPER-USDT
HTX COPPER-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8140 | −0.100% | $4.2M | $76K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.8214 | +0.009% | $178K | — | 250x | as long as short |
| QFEX COPPER-USD | +0.0009% | 1h | 6.8220 | +0.018% | $1.5M | $129K | 20x | as long as short |
| edgeX COPPERUSDC | +0.0011% | 4h | 6.8194 | −0.021% | $94K | $319K | 20x | as long as short |
| BloFin COPPER-USDT | +0.0013% | 4h | 6.8240 | +0.047% | $88K | $143K | 100x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.8326 | +0.173% | $477K | $40K | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8210 | +0.003% | — | $82K | 25x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8201 | −0.010% | $2K | $2K | 5x | as long as short |
| tradeXYZ xyz:COPPERlong | +0.0050% | 1h | 6.8208 | long leg | $10.5M | $4.8M | 20x | |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8186 | −0.032% | $903 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.Pshort | +0.0050% | 1h | 6.8146 | −0.091% | $57K | $55K | 15x | |
| Pacifica COPPER | +0.0100% | 1h | 6.8216 | +0.012% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8210 | +0.003% | $258K | $21K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8260 | +0.076% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8211 | +0.004% | $312 | — | 10x | as long as short |
| Phoenix COPPER | +0.0164% | 1h | 6.8232 | +0.035% | $45K | $23K | 20x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0291% | 1h | 6.8166 | −0.061% | $34K | $176K | 20x | as long as short |
| Extended XCU-USD | +0.0680% | 1h | 6.8207 | −0.002% | $263K | $2.8M | 20x | as long as short |
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
QFEX COPPER-USD
edgeX COPPERUSDC
BloFin COPPER-USDT
Lighter XCU
Vest HG-PERP
Paradex XCU-USD-PERP
SoDEX COPPER-USD
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Phoenix COPPER
Kraken Futures PF_XCUUSD
Extended XCU-USD