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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.038%
Price spread now: SunX against Variational Omni+0.012%7-day average +0.014% · 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 4 days (all we have)+0.079%+$8 on $10k
Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.012%, 7d avg +0.014%
Together, before fees+0.080%+ Points / potential airdropVariational Omni: Active · farm board+$8 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni COPPER6.83320get 0.0000% / 4h37m 06s$765K$1.4M
ShortSunX COPPER-USDT6.83400get 0.0000% / 4h37m 06s$6.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.012% → +0.014%
−$0.15
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$8.15
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; SunX: live order book, 12 min ago. 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, 2 min ago2.97 bpdoesn't fit12.2 bp −$122doesn't fitdoesn't fit
Sell SunX live order book, 12 min ago46.13 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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
Aster XCUUSDT0.0000%4h6.8313−0.027%$32K$27K50xas long as short
Binance COPPERUSDT0.0000%4h6.8340+0.012%$9.1M$33.7M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8273−0.086%$495K$1.0M50xas long as short
Gate XCU_USDT0.0000%8h6.8180−0.222%$1.3M$528K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8330−0.002%$26.6M$5.2M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8330−0.002%$2.9M$1.6M100xas long as short
Variational Omni COPPERlong0.0000%4h6.8332long leg$765K$1.4M
GRVT COPPER_USDT_Perp0.0000%4h6.8346+0.021%$94K$2.4M25xas long as short
SunX COPPER-USDTshort0.0000%4h6.8340+0.012%$6.2M20x
HTX COPPER-USDT0.0000%4h6.8370+0.056%$61K$24K75xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex COPPERUSDT0.0000%4h6.8200−0.193%$4.2M$83K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8289−0.062%$178K250xas long as short
edgeX COPPERUSDC+0.0002%4h6.8326−0.009%$95K$318K20xas long as short
QFEX COPPER-USD+0.0017%1h6.8320−0.017%$1.5M$128K20xas long as short
Vest HG-PERP+0.0046%1h6.8294−0.055%$82K25xas long as short
BloFin COPPER-USDT+0.0049%4h6.8350+0.027%$88K$143K100xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.8301−0.045%$10.6M$5.0M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.8288−0.064%$4K$5K20xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8300−0.047%$2K$1K5xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8253−0.115%$57K$55K15xas long as short
Extended XCU-USD+0.0088%1h6.8288−0.064%$272K$2.0M20xas long as short
Pacifica COPPER+0.0100%1h6.8290−0.061%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8310−0.032%$278K$37K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8400+0.100%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8322−0.015%$31210xas long as short
Phoenix COPPER+0.0106%1h6.8335+0.005%$45K$22K20xas long as short
Lighter XCU+0.0176%1h6.8444+0.164%$479K$26K20xas long as short
Kraken Futures PF_XCUUSD+0.0357%1h6.8293−0.057%$34K$177K20xas long as short