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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0009%/8h= −1.0% APRnext payment $0.04 per $10,000 · paid last 24h +0.033%
Price spread now: HTX against BloFin+0.044%59s7-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+0.240%+$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 0.044% dearer against BloFin than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin COPPER-USDT6.82100.0009pay 0.0004% / 4h14m 02s$88K$148K100x
ShortHTX COPPER-USDT6.82400get 0.0000% / 4h14m 02s$61K$24K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against BloFin. 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
−$1.89
Price spread: +0.044% → 0.000%
$4.4
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$21.49
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 53 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 BloFin live order book, 53 min ago1.47 bp7.5 bp −$79.1 bp −$9148.3 bp −$4,833121.0 bp −$60.5K
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
Aster XCUUSDT0.0000%4h6.8292+0.121%$32K$28K50xas long as short
Binance COPPERUSDT0.0000%4h6.8270+0.088%$9.0M$33.5M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8157−0.078%$494K$982K50xas long as short
Gate XCU_USDT0.0000%8h6.8100−0.161%$1.3M$528K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8260+0.073%$26.6M$5.2M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8250+0.059%$2.9M$1.7M100xas long as short
Variational Omni COPPER0.0000%4h6.8214+0.006%$765K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8273+0.093%$86K$2.4M25xas long as short
SunX COPPER-USDT0.0000%4h6.8250+0.059%$6.1M20xas long as short
HTX COPPER-USDTshort0.0000%4h6.8240+0.044%$61K$24K75x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex COPPERUSDT0.0000%4h6.8150−0.088%$4.2M$83K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8220+0.014%$178K250xas long as short
BloFin COPPER-USDTlong+0.0009%4h6.8210long leg$88K$148K100x
QFEX COPPER-USD+0.0017%1h6.8250+0.059%$1.5M$134K20xas long as short
edgeX COPPERUSDC+0.0019%4h6.8222+0.018%$95K$320K20xas long as short
Vest HG-PERP+0.0046%1h6.8213+0.004%$82K25xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.8226+0.023%$10.6M$5.0M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.8205−0.007%$4K$5K20xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8211+0.002%$2K$1K5xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8247+0.054%$57K$55K15xas long as short
Extended XCU-USD+0.0088%1h6.8241+0.046%$274K$2.0M20xas long as short
Pacifica COPPER+0.0100%1h6.8212+0.002%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8260+0.073%$278K$36K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8320+0.161%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8242+0.047%$31210xas long as short
Phoenix COPPER+0.0106%1h6.8239+0.043%$45K$22K20xas long as short
Lighter XCU+0.0168%1h6.8350+0.205%$478K$27K20xas long as short
Kraken Futures PF_XCUUSD+0.0358%1h6.8212+0.002%$34K$178K20xas long as short