Funding you earn now, next payment 23:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.035%
Price spread now: OKX against Vest−0.162%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.162% cheaper against Vest than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest HG-PERP | 6.7895 | 0.0046 | pay 0.0006% / 1h | 58m 53s | — | $82K | 25x |
| Short | OKX XCU-USDT-SWAP | 6.7785 | 0 | get 0.0000% / 8h | 1h 58m | $465K | $1.2M | 50x |
Vest HG-PERP
OKX XCU-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Vest. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: −0.162% → 0.000%
- −$16.2
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$37.79
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; OKX: live order book, 3 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Vest no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 3 min ago | 1.48 bp | 28.1 bp −$28 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:COPPER | −0.0167% | 1h | 6.7851 | −0.065% | $10.4M | $5.8M | 20x | as long as short |
| SoDEX COPPER-USD | −0.0015% | 1h | 6.7843 | −0.077% | $898 | $3K | 20x | as long as short |
| edgeX COPPERUSDC | −0.0012% | 4h | 6.7863 | −0.046% | $93K | $319K | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.7892 | −0.005% | $32K | $52K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.7894 | −0.002% | $8.9M | $35.0M | 100x | as long as short |
| OKX XCU-USDT-SWAPshort | 0.0000% | 8h | 6.7785 | −0.162% | $465K | $1.2M | 50x | |
| Gate XCU_USDT | 0.0000% | 8h | 6.7760 | −0.199% | $1.3M | $499K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.7890 | −0.007% | $27.1M | $5.1M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.7863 | −0.048% | $751K | $1.6M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.7880 | −0.022% | $91K | $2.2M | 25x | as long as short |
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
edgeX COPPERUSDC
Aster XCUUSDT
Binance COPPERUSDT
Gate XCU_USDT
MEXC COPPER_USDT
Variational Omni COPPER
GRVT COPPER_USDT_PerpShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX COPPER-USDT | 0.0000% | 4h | 6.7880 | −0.022% | — | $7.8M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | 6.7910 | +0.022% | $60K | $28K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.7900 | +0.007% | $4.2M | $82K | 100x | as long as short |
| Bitget COPPERUSDT | +0.0008% | 4h | 6.7910 | +0.022% | $1.6M | $1.0M | 100x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.7922 | +0.040% | $475K | $45K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.7910 | +0.022% | $234K | $2.9M | 20x | as long as short |
| Vest HG-PERPlong | +0.0046% | 1h | 6.7895 | long leg | — | $82K | 25x | |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.7858 | −0.055% | $1K | $3K | 5x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.7831 | −0.094% | $56K | $33K | 15x | as long as short |
| BloFin COPPER-USDT | +0.0052% | 4h | 6.7850 | −0.066% | $87K | $149K | 100x | as long as short |
| QFEX COPPER-USD | +0.0053% | 1h | 6.7900 | +0.007% | $1.5M | $135K | 20x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0060% | 1h | 6.7877 | −0.026% | $26K | $177K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.7872 | −0.034% | $23K | $16K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.7910 | +0.022% | $257K | $25K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.7930 | +0.052% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.7886 | −0.013% | $310 | — | 10x | as long as short |
| Phoenix COPPER | +0.0329% | 1h | 6.7908 | +0.019% | $45K | $30K | 20x | as long as short |
SunX COPPER-USDT
HTX COPPER-USDT
Phemex COPPERUSDT
Bitget COPPERUSDT
Lighter XCU
Extended XCU-USD
Paradex XCU-USD-PERP
Ondo Perps COPPER-USD.P
BloFin COPPER-USDT
QFEX COPPER-USD
Kraken Futures PF_XCUUSD
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Phoenix COPPER