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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%
Price spread now: Aster against Variational Omni+0.070%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.070% dearer against Variational Omni than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni COPPER6.78520get 0.0000% / 4h2h 10m$752K$1.6M
ShortAster XCUUSDT6.79000get 0.0000% / 4h2h 10m$32K$52K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. 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
Price spread: +0.070% → 0.000%
$7.04
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$0.96
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Aster: 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 Variational Omni RFQ quote, 3 min ago4.17 bpdoesn't fit32.0 bp −$320doesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: 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 27 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
SoDEX COPPER-USD−0.0119%1h6.7843−0.013%$898$3K20xas long as short
tradeXYZ xyz:COPPER−0.0078%1h6.7844−0.012%$10.4M$6.0M20xas long as short
edgeX COPPERUSDC−0.0008%4h6.7885+0.049%$93K$319K20xas long as short
Aster XCUUSDTshort0.0000%4h6.7900+0.070%$32K$52K50x
Binance COPPERUSDT0.0000%4h6.7886+0.051%$8.9M$35.2M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.7810−0.062%$469K$1.2M50xas long as short
Gate XCU_USDT0.0000%8h6.7810−0.062%$1.3M$522K100xas long as short
MEXC COPPER_USDT0.0000%4h6.7880+0.041%$27.1M$5.1M100xas long as short
Variational Omni COPPERlong0.0000%4h6.7852long leg$752K$1.6M
GRVT COPPER_USDT_Perp0.0000%4h6.7880+0.041%$91K$2.3M25xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX COPPER-USDT0.0000%4h6.7880+0.041%$7.9M20xas long as short
HTX COPPER-USDT0.0000%4h6.7900+0.071%$60K$28K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7870+0.027%$4.2M$82K100xas long as short
BloFin COPPER-USDT+0.0019%4h6.7900+0.071%$87K$150K100xas long as short
Bitget COPPERUSDT+0.0020%4h6.7890+0.056%$1.6M$1.1M100xas long as short
Lighter XCU+0.0032%1h6.8005+0.226%$476K$47K20xas long as short
Extended XCU-USD+0.0032%1h6.7885+0.049%$234K$2.9M20xas long as short
Vest HG-PERP+0.0046%1h6.7905+0.078%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.7892+0.059%$1K$3K5xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.7898+0.068%$56K$33K15xas long as short
QFEX COPPER-USD+0.0053%1h6.7850−0.003%$1.5M$138K20xas long as short
Pacifica COPPER+0.0100%1h6.7891+0.058%$23K$16K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.7840−0.018%$257K$25K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.7930+0.115%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.7883+0.046%$31010xas long as short
Phoenix COPPER+0.0329%1h6.7909+0.084%$45K$30K20xas long as short
Kraken Futures PF_XCUUSD+0.0953%1h6.7823−0.043%$26K$177K20xas long as short