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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.032%
Price spread now: KuCoin against Vest+0.022%7-day average · you sell dearer than you buy
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 airdropVest: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.022% dearer against Vest than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest HG-PERP6.82650.0046pay 0.0006% / 1h35m 13s$82K25x
ShortKuCoin COPPERUSDTM6.82800.0100get 0.0050% / 4h35m 13s$278K$37K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$11.41
Price spread: +0.022% → 0.000%
$2.2
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$0.4
Costs to cover
0.140%
Break-even
7.2 days
Slippage unknown: Vest: no order-book sample; KuCoin: live order book, 67 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 KuCoin live order book, 67 min ago15.41 bp99.4 bp −$99653.5 bp −$6,535doesn'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
BloFin COPPER-USDT−0.0034%4h6.8300+0.051%$88K$142K100xas long as short
Aster XCUUSDT0.0000%4h6.8284+0.027%$32K$27K50xas long as short
Binance COPPERUSDT0.0000%4h6.8300+0.051%$9.1M$33.7M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8239−0.038%$495K$1.0M50xas long as short
Gate XCU_USDT0.0000%8h6.8150−0.168%$1.3M$528K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8300+0.051%$26.6M$5.2M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8300+0.051%$2.9M$1.6M100xas long as short
Variational Omni COPPER0.0000%4h6.8302+0.054%$766K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8346+0.119%$94K$2.4M25xas long as short
SunX COPPER-USDT0.0000%4h6.8300+0.051%$6.2M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX COPPER-USDT0.0000%4h6.8370+0.154%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8150−0.168%$4.2M$82K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8258−0.011%$178K250xas long as short
edgeX COPPERUSDC+0.0012%4h6.8322+0.084%$95K$318K20xas long as short
QFEX COPPER-USD+0.0017%1h6.8300+0.051%$1.5M$128K20xas long as short
Vest HG-PERPlong+0.0046%1h6.8265long leg$82K25x
tradeXYZ xyz:COPPER+0.0050%1h6.8281+0.023%$10.6M$5.0M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.8261−0.006%$4K$5K20xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8266+0.001%$2K$1K5xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8282+0.025%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.8259−0.008%$23K$14K10xas long as short
KuCoin COPPERUSDTMshort+0.0100%4h6.8280+0.022%$278K$37K50x
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8370+0.154%$3K10xas long as short
Extended XCU-USD+0.0104%1h6.8257−0.011%$271K$2.0M20xas long as short
Aevo COPPER-PERP+0.0104%1h6.8296+0.046%$31210xas long as short
Phoenix COPPER+0.0106%1h6.8335+0.103%$45K$22K20xas long as short
Lighter XCU+0.0184%1h6.8412+0.215%$479K$26K20xas long as short
Kraken Futures PF_XCUUSD+0.0358%1h6.8249−0.024%$34K$177K20xas long as short