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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%
Price spread now: GRVT against Vest−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 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 · GRVT: 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
LongVest HG-PERP6.80040.0046pay 0.0006% / 1h21m 39s$82K25x
ShortGRVT COPPER_USDT_Perp6.80000get 0.0000% / 4h2h 21m$88K$2.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
−$9.59
Price spread: −0.006% → 0.000%
−$0.59
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$21.18
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; GRVT: live order book, 2 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 GRVT live order book, 2 min ago0.74 bp9.0 bp −$917.5 bp −$175doesn'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 27 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−0.1014%1h6.7981−0.033%$32K$176K20xas long as short
tradeXYZ xyz:COPPER−0.0134%1h6.7979−0.037%$10.4M$4.8M20xas long as short
Aster XCUUSDT0.0000%4h6.8030+0.039%$32K$35K50xas long as short
Binance COPPERUSDT0.0000%4h6.8019+0.023%$9.0M$32.1M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8008+0.006%$472K$930K50xas long as short
Gate XCU_USDT0.0000%8h6.7870−0.197%$1.3M$478K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8010+0.009%$26.0M$5.0M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8020+0.024%$1.7M$1.0M100xas long as short
Variational Omni COPPER0.0000%4h6.7964−0.059%$741K$1.4Mas long as short
GRVT COPPER_USDT_Perpshort0.0000%4h6.8000−0.006%$88K$2.0M25x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX COPPER-USDT0.0000%4h6.7980−0.035%$6.8M20xas long as short
HTX COPPER-USDT0.0000%4h6.8050+0.068%$61K$26K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7930−0.109%$4.2M$74K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.7991−0.019%$176K250xas long as short
edgeX COPPERUSDC+0.0003%4h6.7969−0.052%$94K$318K20xas long as short
QFEX COPPER-USD+0.0006%1h6.8020+0.024%$1.5M$129K20xas long as short
Lighter XCU+0.0032%1h6.8117+0.166%$477K$39K20xas long as short
Phoenix COPPER+0.0035%1h6.7962−0.062%$45K$30K20xas long as short
Vest HG-PERPlong+0.0046%1h6.8004long leg$82K25x
Paradex XCU-USD-PERP+0.0050%8h6.8007+0.004%$1K$2K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.7988−0.024%$900$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.7932−0.106%$56K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.8012+0.011%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8040+0.053%$258K$23K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8050+0.068%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.7985−0.027%$31110xas long as short
Extended XCU-USD+0.0352%1h6.8016+0.017%$231K$2.9M20xas long as short