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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.021%
Price spread now: HTX against Binance+0.041%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 7 days+0.268%+$27 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.041% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance COPPERUSDT6.84720get 0.0000% / 4h1h 26m$9.0M$32.0M100x
ShortHTX COPPER-USDT6.85000get 0.0000% / 4h1h 26m$61K$71K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Binance. 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
$0
Price spread: +0.041% → 0.000%
$4.07
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$17.93
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 8 min ago; HTX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 8 min ago0.73 bp5.7 bp −$610.3 bp −$10349.5 bp −$4,947doesn't fit
Sell HTX no order-book sample
HTX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XCUUSDT0.0000%4h6.8479+0.010%$35K$31K50xas long as short
Binance COPPERUSDTlong0.0000%4h6.8472long leg$9.0M$32.0M100x
OKX XCU-USDT-SWAP0.0000%8h6.8380−0.135%$516K$807K50xas long as short
Gate XCU_USDT0.0000%8h6.8320−0.222%$1.3M$181K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8460−0.018%$26.2M$5.7M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8430−0.062%$3.9M$2.1M100xas long as short
Variational Omni COPPER0.0000%4h6.8429−0.063%$775K$538Kas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8450−0.032%$87K$2.3M25xas long as short
SunX COPPER-USDT0.0000%4h6.8480+0.012%$4.7M20xas long as short
HTX COPPER-USDTshort0.0000%4h6.8500+0.041%$61K$71K75x
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex COPPERUSDT0.0000%4h6.8400−0.105%$4.2M$82K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8454−0.026%$178K250xas long as short
QFEX COPPER-USD+0.0011%1h6.8460−0.018%$1.5M$150K20xas long as short
edgeX COPPERUSDC+0.0013%4h6.8456−0.023%$95K$318K20xas long as short
BloFin COPPER-USDT+0.0020%4h6.8470−0.003%$90K$160K100xas long as short
Lighter XCU+0.0032%1h6.8535+0.092%$480K$25K20xas long as short
Extended XCU-USD+0.0032%1h6.8456−0.024%$267K$1.7M20xas long as short
Vest HG-PERP+0.0046%1h6.8447−0.037%$36K25xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.8435−0.054%$10.8M$3.8M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.8423−0.072%$906$6K20xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8454−0.026%$2K$8255xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8413−0.086%$59K$54K15xas long as short
Phoenix COPPER+0.0093%1h6.8455−0.025%$44K$18K20xas long as short
Pacifica COPPER+0.0100%1h6.8467−0.007%$24K$13K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8470−0.003%$267K$39K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8520+0.070%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8446−0.039%$31310xas long as short
Kraken Futures PF_XCUUSD+0.0337%1h6.8430−0.061%$34K$180K20xas long as short