Funding you earn now, next payment 11:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: SoDEX against Vest−0.010%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest HG-PERP | 6.8557 | 0.0046 | pay 0.0006% / 1h | 5m 31s | — | $36K | 25x |
| Short | SoDEX COPPER-USD | 6.8550 | 0.0050 | get 0.0006% / 1h | 5m 31s | $908 | $6K | 20x |
Vest HG-PERP
SoDEX COPPER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $0.91
- Price spread: −0.010% → 0.000%
- −$1.02
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$10.11
- Costs to cover
- 0.100%
- Break-even
- 85.0 days
Slippage unknown: Vest: no order-book sample; SoDEX: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Vest no order-book sample | — | — | — | — | — |
| Sell SoDEX no order-book sample | — | — | — | — | — |
Vest and SoDEX: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin COPPER-USDT | −0.0011% | 4h | 6.8500 | −0.083% | $90K | $154K | 100x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8586 | +0.043% | $35K | $31K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8588 | +0.045% | $9.1M | $32.2M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8500 | −0.083% | $519K | $811K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.8410 | −0.214% | $1.3M | $184K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8580 | +0.034% | $26.3M | $5.7M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8570 | +0.019% | $3.9M | $2.1M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8557 | 0.000% | $774K | $540K | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8539 | −0.026% | $91K | $2.3M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.8570 | +0.019% | — | $4.6M | 20x | as long as short |
BloFin COPPER-USDT
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Bitget COPPERUSDT
Variational Omni COPPER
GRVT COPPER_USDT_Perp
SunX COPPER-USDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX COPPER-USDT | 0.0000% | 4h | 6.8560 | +0.004% | $61K | $71K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8450 | −0.156% | $4.2M | $82K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.8553 | −0.006% | $179K | — | 250x | as long as short |
| QFEX COPPER-USD | +0.0011% | 1h | 6.8560 | +0.004% | $1.5M | $151K | 20x | as long as short |
| edgeX COPPERUSDC | +0.0013% | 4h | 6.8531 | −0.038% | $95K | $320K | 20x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.8659 | +0.149% | $481K | $25K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.8554 | −0.005% | $267K | $1.7M | 20x | as long as short |
| Vest HG-PERPlong | +0.0046% | 1h | 6.8557 | long leg | — | $36K | 25x | |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.8574 | +0.025% | $10.9M | $3.9M | 20x | as long as short |
| SoDEX COPPER-USDshort | +0.0050% | 1h | 6.8550 | −0.010% | $908 | $6K | 20x | |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8561 | +0.006% | $2K | $825 | 5x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8526 | −0.045% | $59K | $54K | 15x | as long as short |
| Phoenix COPPER | +0.0093% | 1h | 6.8543 | −0.020% | $45K | $18K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8570 | +0.019% | $24K | $13K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8580 | +0.034% | $267K | $39K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8620 | +0.092% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8553 | −0.006% | $313 | — | 10x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0336% | 1h | 6.8560 | +0.004% | $34K | $180K | 20x | as long as short |
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
QFEX COPPER-USD
edgeX COPPERUSDC
Lighter XCU
Extended XCU-USD
tradeXYZ xyz:COPPER
Paradex XCU-USD-PERP
Ondo Perps COPPER-USD.P
Phoenix COPPER
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Kraken Futures PF_XCUUSD