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 +0.009%
Price spread now: HTX against Paradex−0.006%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex XCU-USD-PERP6.79640.0050pay 0.0050% / 8h1h 48m$1K$3K5x
ShortHTX COPPER-USDT6.79600get 0.0000% / 4h1h 48m$60K$28K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Paradex. 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
−$10.45
Price spread: −0.006% → 0.000%
−$0.59
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee HTX: 6 bp × 2 orders
−$12
Net
−$27.05
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; 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 Paradex no order-book sample
Sell HTX no order-book sample
Paradex and 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
tradeXYZ xyz:COPPER−0.0049%1h6.7929−0.052%$10.4M$5.8M20xas long as short
QFEX COPPER-USD−0.0015%1h6.7950−0.021%$1.5M$135K20xas long as short
edgeX COPPERUSDC−0.0002%4h6.7945−0.028%$93K$317K20xas long as short
Aster XCUUSDT0.0000%4h6.7961−0.005%$32K$52K50xas long as short
Binance COPPERUSDT0.0000%4h6.7970+0.008%$8.9M$34.7M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.7884−0.118%$466K$1.2M50xas long as short
Gate XCU_USDT0.0000%8h6.7820−0.212%$1.3M$499K100xas long as short
MEXC COPPER_USDT0.0000%4h6.7960−0.006%$27.0M$5.1M100xas long as short
Bitget COPPERUSDT0.0000%4h6.7960−0.006%$1.7M$1.0M100xas long as short
Variational Omni COPPER0.0000%4h6.7939−0.037%$735K$1.6Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COPPER_USDT_Perp0.0000%4h6.7950−0.021%$90K$2.2M25xas long as short
SunX COPPER-USDT0.0000%4h6.7960−0.006%$7.7M20xas long as short
HTX COPPER-USDTshort0.0000%4h6.7960−0.006%$60K$28K75x
Phemex COPPERUSDT0.0000%4h6.7940−0.035%$4.2M$82K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.7932−0.047%$176K10xas long as short
Lighter XCU+0.0032%1h6.8027+0.093%$476K$45K20xas long as short
Extended XCU-USD+0.0032%1h6.7946−0.027%$229K$2.9M20xas long as short
BloFin COPPER-USDT+0.0045%4h6.7940−0.035%$87K$149K100xas long as short
Vest HG-PERP+0.0046%1h6.7924−0.059%$82K25xas long as short
Paradex XCU-USD-PERPlong+0.0050%8h6.7964long leg$1K$3K5x
SoDEX COPPER-USD+0.0050%1h6.7925−0.057%$899$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.7989+0.037%$56K$32K15xas long as short
Kraken Futures PF_XCUUSD+0.0060%1h6.7947−0.024%$26K$176K20xas long as short
Pacifica COPPER+0.0100%1h6.7961−0.005%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.7960−0.006%$258K$26K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8000+0.053%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.7963−0.002%$31110xas long as short
Phoenix COPPER+0.0329%1h6.7942−0.032%$45K$30K20xas long as short