Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.050%
Price spread now: Gate against Variational Omni−0.281%7-day average −0.066% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.079%+$8 on $10k
+Price spread, last 7 days+0.253%+$25 · spread now −0.281%, 7d avg −0.066%
=Together, before fees+0.332%+ Points / potential airdropVariational Omni: Active · farm board+$33 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.215% cheaper against Variational Omni than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of −0.066%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni COPPER | 6.8332 | 0 | get 0.0000% / 4h | 1h 13m | $744K | $1.4M | — |
| Short | Gate XCU_USDT | 6.8140 | 0 | get 0.0000% / 8h | 5h 13m | $1.3M | $493K | 100x |
Variational Omni COPPER
Gate XCU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.281% → −0.066%
- −$21.48
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$36.48
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Gate: live order book, 4 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 Variational Omni RFQ quote, 1 min ago | 2.97 bp | doesn't fit | 8.6 bp −$86 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 2.20 bp | 24.2 bp −$24 | 212.2 bp −$2,122 | 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 | −0.0054% | 4h | 6.8310 | −0.032% | $88K | $143K | 100x | as long as short |
| QFEX COPPER-USD | 0.0000% | 1h | 6.8270 | −0.090% | $1.5M | $129K | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8264 | −0.099% | $32K | $21K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8300 | −0.046% | $9.0M | $32.5M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8234 | −0.143% | $471K | $949K | 50x | as long as short |
| Gate XCU_USDTshort | 0.0000% | 8h | 6.8140 | −0.281% | $1.3M | $493K | 100x | |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8290 | −0.061% | $26.1M | $4.2M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8320 | −0.017% | $1.7M | $987K | 100x | as long as short |
| Variational Omni COPPERlong | 0.0000% | 4h | 6.8332 | long leg | $744K | $1.4M | — | |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8309 | −0.034% | $88K | $2.1M | 25x | as long as short |
BloFin COPPER-USDT
QFEX COPPER-USD
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
MEXC COPPER_USDT
Bitget COPPERUSDT
GRVT COPPER_USDT_PerpShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX COPPER-USDT | 0.0000% | 4h | 6.8290 | −0.061% | — | $6.7M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | 6.8320 | −0.017% | $61K | $24K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8140 | −0.281% | $4.2M | $76K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.8244 | −0.128% | $178K | — | 250x | as long as short |
| edgeX COPPERUSDC | +0.0003% | 4h | 6.8283 | −0.071% | $95K | $319K | 20x | as long as short |
| Phoenix COPPER | +0.0012% | 1h | 6.8276 | −0.081% | $45K | $23K | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8248 | −0.122% | — | $82K | 25x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8258 | −0.109% | $2K | $2K | 5x | as long as short |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.8270 | −0.090% | $10.5M | $4.8M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8247 | −0.124% | $904 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8360 | +0.041% | $57K | $55K | 15x | as long as short |
| Lighter XCU | +0.0088% | 1h | 6.8380 | +0.071% | $478K | $39K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8249 | −0.120% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8270 | −0.090% | $258K | $21K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8360 | +0.041% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8271 | −0.089% | $312 | — | 10x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0195% | 1h | 6.8257 | −0.109% | $32K | $176K | 20x | as long as short |
| Extended XCU-USD | +0.0768% | 1h | 6.8252 | −0.117% | $224K | $2.8M | 20x | as long as short |
SunX COPPER-USDT
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
edgeX COPPERUSDC
Phoenix COPPER
Vest HG-PERP
Paradex XCU-USD-PERP
tradeXYZ xyz:COPPER
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
Extended XCU-USD