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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.054%
Price spread now: HTX against Binance+0.032%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 7 days+0.241%+$24 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.032% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance COPPERUSDT6.80580get 0.0000% / 4h3h 32m$9.1M$33.7M100x
ShortHTX COPPER-USDT6.80800get 0.0000% / 4h3h 32m$60K$26K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Binance. 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: +0.032% → 0.000%
$3.16
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$18.84
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 9 min ago; HTX: 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 Binance live order book, 9 min ago0.74 bp5.7 bp −$610.9 bp −$10954.5 bp −$5,445doesn't fit
Sell HTX no order-book sample
HTX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_XCUUSD−0.0448%1h6.7935−0.182%$28K$174K20xas long as short
BloFin COPPER-USDT−0.0030%4h6.8060+0.002%$87K$150K100xas long as short
edgeX COPPERUSDC−0.0019%4h6.8054−0.006%$94K$319K20xas long as short
Aster XCUUSDT0.0000%4h6.8053−0.008%$32K$36K50xas long as short
Binance COPPERUSDTlong0.0000%4h6.8058long leg$9.1M$33.7M100x
OKX XCU-USDT-SWAP0.0000%8h6.8035−0.035%$470K$982K50xas long as short
Gate XCU_USDT0.0000%8h6.7920−0.203%$1.3M$492K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8050−0.012%$26.8M$4.9M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8080+0.032%$1.7M$1.0M100xas long as short
Variational Omni COPPER0.0000%4h6.8044−0.021%$741K$1.6Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COPPER_USDT_Perp0.0000%4h6.8062+0.005%$87K$2.1M25xas long as short
SunX COPPER-USDT0.0000%4h6.8040−0.027%$7.3M20xas long as short
HTX COPPER-USDTshort0.0000%4h6.8080+0.032%$60K$26K75x
Phemex COPPERUSDT0.0000%4h6.7920−0.203%$4.2M$78K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8024−0.051%$177K250xas long as short
QFEX COPPER-USD+0.0004%1h6.8030−0.042%$1.5M$137K20xas long as short
Lighter XCU+0.0040%1h6.8158+0.146%$477K$45K20xas long as short
tradeXYZ xyz:COPPER+0.0045%1h6.8003−0.082%$10.4M$5.0M20xas long as short
Vest HG-PERP+0.0046%1h6.8019−0.058%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8063+0.007%$1K$3K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.8030−0.042%$901$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8020−0.057%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.8046−0.018%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8050−0.012%$258K$25K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8110+0.076%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8034−0.036%$31110xas long as short
Phoenix COPPER+0.0118%1h6.8053−0.008%$45K$30K20xas long as short
Extended XCU-USD+0.0376%1h6.8037−0.032%$228K$3.0M20xas long as short