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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0051%/8h= −5.6% APRpaid last 24h −0.086%
Price spread now: edgeX against Vest−0.007%63s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · edgeX: 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: −$2 a day on $10k at the current rate. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest HG-PERP6.80510.0046pay 0.0006% / 1h54m 19s$82K25x
ShortedgeX COPPERUSDC6.8046−0.0005pay 0.0003% / 4h3h 54m$93K$317K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Vest. 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
−$10.72
Price spread: −0.007% → 0.000%
−$0.69
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$22.41
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; edgeX: live order book, 19 min ago. 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 Vest no order-book sample
Sell edgeX live order book, 19 min ago7.35 bp12.9 bp −$1324.2 bp −$242doesn't fitdoesn't fit
Vest: 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−0.0448%1h6.7955−0.141%$28K$174K20xas long as short
BloFin COPPER-USDT−0.0011%4h6.8070+0.028%$87K$150K100xas long as short
edgeX COPPERUSDCshort−0.0005%4h6.8046−0.007%$93K$317K20x
Aster XCUUSDT0.0000%4h6.8079+0.041%$32K$36K50xas long as short
Binance COPPERUSDT0.0000%4h6.8085+0.049%$9.0M$34.1M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8070+0.028%$470K$990K50xas long as short
Gate XCU_USDT0.0000%8h6.7950−0.148%$1.3M$491K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8080+0.043%$26.9M$4.9M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8100+0.072%$1.7M$1.0M100xas long as short
Variational Omni COPPER0.0000%4h6.8076+0.036%$741K$1.6Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COPPER_USDT_Perp0.0000%4h6.8079+0.041%$94K$2.2M25xas long as short
SunX COPPER-USDT0.0000%4h6.8080+0.043%$7.4M20xas long as short
HTX COPPER-USDT0.0000%4h6.8100+0.072%$60K$27K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7940−0.163%$4.2M$78K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8056+0.007%$177K250xas long as short
QFEX COPPER-USD+0.0004%1h6.8070+0.028%$1.5M$139K20xas long as short
Phoenix COPPER+0.0035%1h6.8062+0.016%$45K$30K20xas long as short
Vest HG-PERPlong+0.0046%1h6.8051long leg$82K25x
Lighter XCU+0.0048%1h6.8172+0.178%$477K$45K20xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8084+0.049%$1K$3K5xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.8044−0.010%$10.4M$5.1M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.8050−0.001%$901$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.7992−0.087%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.8080+0.042%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8020−0.046%$258K$25K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8130+0.116%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8050−0.002%$31110xas long as short
Extended XCU-USD+0.0384%1h6.8054+0.005%$230K$2.9M20xas long as short