Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.040%
Price spread now: Binance against HTX−0.132%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.260%−$26 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.132% cheaper against HTX than usual: you would sell low and buy high, −$13 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX COPPER-USDT | 6.8170 | 0 | get 0.0000% / 4h | 2h 21m | $61K | $24K | 75x |
| Short | Binance COPPERUSDT | 6.8080 | 0 | get 0.0000% / 4h | 2h 21m | $9.2M | $33.3M | 100x |
HTX COPPER-USDT
Binance COPPERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against HTX. 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: −0.132% → 0.000%
- −$13.2
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$35.2
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: HTX: no order-book sample; Binance: live order book, 5 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 HTX no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 5 min ago | 0.73 bp | 5.7 bp −$6 | 9.2 bp −$92 | 84.7 bp −$8,468 | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XCUUSD | −0.0482% | 1h | 6.8055 | −0.169% | $34K | $176K | 20x | as long as short |
| BloFin COPPER-USDT | −0.0049% | 4h | 6.8130 | −0.059% | $88K | $138K | 100x | as long as short |
| tradeXYZ xyz:COPPER | −0.0024% | 1h | 6.8052 | −0.173% | $10.5M | $4.9M | 20x | as long as short |
| QFEX COPPER-USD | −0.0001% | 1h | 6.8080 | −0.132% | $1.5M | $130K | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8088 | −0.120% | $32K | $27K | 50x | as long as short |
| Binance COPPERUSDTshort | 0.0000% | 4h | 6.8080 | −0.132% | $9.2M | $33.3M | 100x | |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8041 | −0.189% | $497K | $972K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.7960 | −0.308% | $1.3M | $528K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8090 | −0.117% | $26.1M | $4.8M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8070 | −0.147% | $2.9M | $2.0M | 100x | as long as short |
Kraken Futures PF_XCUUSD
BloFin COPPER-USDT
tradeXYZ xyz:COPPER
QFEX COPPER-USD
Aster XCUUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Bitget COPPERUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni COPPER | 0.0000% | 4h | 6.8144 | −0.038% | $740K | $1.4M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8137 | −0.048% | $96K | $2.3M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.8090 | −0.117% | — | $6.5M | 20x | as long as short |
| HTX COPPER-USDTlong | 0.0000% | 4h | 6.8170 | long leg | $61K | $24K | 75x | |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8050 | −0.176% | $4.2M | $80K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.8063 | −0.158% | $177K | — | 250x | as long as short |
| edgeX COPPERUSDC | +0.0017% | 4h | 6.8136 | −0.049% | $94K | $318K | 20x | as long as short |
| Phoenix COPPER | +0.0023% | 1h | 6.8093 | −0.113% | $45K | $23K | 20x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.8173 | +0.004% | $476K | $40K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.8050 | −0.176% | $276K | $2.4M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8090 | −0.117% | — | $82K | 25x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8071 | −0.145% | $1K | $2K | 5x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8026 | −0.211% | $901 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8244 | +0.109% | $57K | $55K | 15x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8098 | −0.106% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8100 | −0.103% | $278K | $35K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8120 | −0.073% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8059 | −0.163% | $311 | — | 10x | as long as short |
Variational Omni COPPER
GRVT COPPER_USDT_Perp
SunX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
edgeX COPPERUSDC
Phoenix COPPER
Lighter XCU
Extended XCU-USD
Vest HG-PERP
Paradex XCU-USD-PERP
SoDEX COPPER-USD
Ondo Perps COPPER-USD.P
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP