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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.016%
Price spread now: HTX against Bitget+0.102%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+0.222%+$22 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 0.102% dearer against Bitget than usual: you sell high and buy low, +$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget COPPERUSDT6.83100get 0.0000% / 4h3h 16m$2.5M$1.7M100x
ShortHTX COPPER-USDT6.83800get 0.0000% / 4h3h 16m$61K$24K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bitget. 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: +0.102% → 0.000%
$10.25
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$13.75
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 5 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 Bitget live order book, 5 min ago0.73 bp10.5 bp −$1022.7 bp −$22779.7 bp −$7,965doesn'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 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−0.0403%1h6.8283−0.040%$35K$176K20xas long as short
tradeXYZ xyz:COPPER−0.0056%1h6.8298−0.018%$10.6M$4.9M20xas long as short
QFEX COPPER-USD−0.0003%1h6.8320+0.015%$1.5M$129K20xas long as short
Aster XCUUSDT0.0000%4h6.8344+0.050%$32K$27K50xas long as short
Binance COPPERUSDT0.0000%4h6.8326+0.023%$9.1M$32.9M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8282−0.041%$489K$972K50xas long as short
Gate XCU_USDT0.0000%8h6.8200−0.161%$1.3M$505K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8330+0.029%$26.1M$4.5M100xas long as short
Bitget COPPERUSDTlong0.0000%4h6.8310long leg$2.5M$1.7M100x
Variational Omni COPPER0.0000%4h6.8343+0.048%$741K$1.4Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COPPER_USDT_Perp0.0000%4h6.8352+0.061%$97K$2.2M25xas long as short
SunX COPPER-USDT0.0000%4h6.8320+0.015%$6.6M20xas long as short
HTX COPPER-USDTshort0.0000%4h6.8380+0.102%$61K$24K75x
Phemex COPPERUSDT0.0000%4h6.8150−0.234%$4.2M$78K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8326+0.023%$178K250xas long as short
edgeX COPPERUSDC+0.0020%4h6.8339+0.042%$95K$319K20xas long as short
Lighter XCU+0.0032%1h6.8430+0.176%$478K$40K20xas long as short
Extended XCU-USD+0.0032%1h6.8334+0.035%$266K$2.6M20xas long as short
Vest HG-PERP+0.0046%1h6.8324+0.020%$82K25xas long as short
Phoenix COPPER+0.0047%1h6.8325+0.022%$45K$23K20xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8309−0.002%$2K$2K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.8299−0.016%$904$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8291−0.028%$57K$55K15xas long as short
BloFin COPPER-USDT+0.0051%4h6.8340+0.044%$88K$135K100xas long as short
Pacifica COPPER+0.0100%1h6.8326+0.023%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8280−0.044%$291K$35K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8380+0.102%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8319+0.013%$31210xas long as short