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 +0.022%
Price spread now: HTX against Bitget0.000%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+0.208%+$21 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget COPPERUSDT6.81600get 0.0000% / 4h3h 06m$1.7M$1.0M100x
ShortHTX COPPER-USDT6.81600get 0.0000% / 4h3h 06m$61K$25K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bitget. 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: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$24
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 1 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 Bitget live order book, 1 min ago0.73 bp9.7 bp −$1020.6 bp −$20678.5 bp −$7,847doesn'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−0.0447%1h6.8126−0.050%$32K$179K20xas long as short
tradeXYZ xyz:COPPER−0.0032%1h6.8071−0.131%$10.4M$5.0M20xas long as short
Aster XCUUSDT0.0000%4h6.8120−0.059%$32K$35K50xas long as short
Binance COPPERUSDT0.0000%4h6.8130−0.044%$9.1M$33.1M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8092−0.100%$471K$978K50xas long as short
Gate XCU_USDT0.0000%8h6.7990−0.249%$1.3M$492K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8120−0.059%$27.0M$4.9M100xas long as short
Bitget COPPERUSDTlong0.0000%4h6.8160long leg$1.7M$1.0M100x
Variational Omni COPPER0.0000%4h6.8122−0.055%$742K$1.5Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8132−0.041%$97K$2.1M25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX COPPER-USDT0.0000%4h6.8130−0.044%$7.1M20xas long as short
HTX COPPER-USDTshort0.0000%4h6.81600.000%$61K$25K75x
Phemex COPPERUSDT0.0000%4h6.7950−0.308%$4.2M$76K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8104−0.082%$177K250xas long as short
QFEX COPPER-USD+0.0004%1h6.8110−0.073%$1.5M$131K20xas long as short
edgeX COPPERUSDC+0.0011%4h6.8111−0.072%$94K$318K20xas long as short
Lighter XCU+0.0032%1h6.8232+0.106%$477K$45K20xas long as short
BloFin COPPER-USDT+0.0041%4h6.8080−0.117%$87K$149K100xas long as short
Vest HG-PERP+0.0046%1h6.8098−0.091%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8121−0.057%$1K$2K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.8101−0.087%$902$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8080−0.117%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.8104−0.083%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8120−0.059%$258K$25K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8180+0.029%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8117−0.063%$31110xas long as short
Phoenix COPPER+0.0118%1h6.8107−0.078%$45K$30K20xas long as short
Extended XCU-USD+0.0352%1h6.8101−0.086%$229K$2.9M20xas long as short