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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.001%
Price spread now: Ondo Perps against HTX−0.024%7-day average · you buy dearer than you sell
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+0.053%+$5 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Funding pays, the price is against you. Ondo Perps is 0.024% cheaper against HTX than usual: you would sell low and buy high (spread −0.024% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 37 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.053% in total) that is about 3.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX COPPER-USDT6.80600get 0.0000% / 4h48m 20s$60K$27K75x
ShortOndo Perps COPPER-USD.P6.80440.0050get 0.0006% / 1h48m 20s$57K$55K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against HTX. 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
$10.58
Price spread: −0.024% → 0.000%
−$2.35
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$8.77
Costs to cover
0.170%
Break-even
12.8 days
Slippage unknown: HTX: no order-book sample; Ondo Perps: 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 HTX no order-book sample
Sell Ondo Perps no order-book sample
HTX and Ondo Perps: 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
edgeX COPPERUSDC−0.0017%4h6.8017−0.064%$93K$318K20xas long as short
Aster XCUUSDT0.0000%4h6.8010−0.073%$32K$36K50xas long as short
Binance COPPERUSDT0.0000%4h6.8019−0.060%$9.0M$34.7M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.7984−0.112%$467K$1.2M50xas long as short
Gate XCU_USDT0.0000%8h6.7880−0.264%$1.3M$493K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8010−0.073%$27.0M$4.9M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8020−0.059%$1.7M$1.0M100xas long as short
Variational Omni COPPER0.0000%4h6.8016−0.064%$739K$1.6Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8055−0.007%$89K$2.2M25xas long as short
SunX COPPER-USDT0.0000%4h6.8010−0.073%$7.7M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX COPPER-USDTlong0.0000%4h6.8060long leg$60K$27K75x
Phemex COPPERUSDT0.0000%4h6.7910−0.220%$4.2M$81K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.7977−0.121%$176K250xas long as short
QFEX COPPER-USD+0.0013%1h6.7990−0.103%$1.5M$131K20xas long as short
BloFin COPPER-USDT+0.0020%4h6.8020−0.059%$87K$149K100xas long as short
Lighter XCU+0.0032%1h6.8091+0.046%$476K$45K20xas long as short
Phoenix COPPER+0.0035%1h6.8021−0.057%$45K$30K20xas long as short
Vest HG-PERP+0.0046%1h6.7970−0.132%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8007−0.078%$1K$3K5xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.7976−0.123%$10.4M$5.4M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.7976−0.123%$900$3K20xas long as short
Ondo Perps COPPER-USD.Pshort+0.0050%1h6.8044−0.024%$57K$55K15x
Pacifica COPPER+0.0100%1h6.8007−0.078%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8000−0.088%$258K$25K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8090+0.044%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8002−0.085%$31110xas long as short
Extended XCU-USD+0.0240%1h6.7983−0.113%$230K$2.9M20xas long as short
Kraken Futures PF_XCUUSD+0.0312%1h6.7924−0.200%$28K$173K20xas long as short