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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.05 per $10,000 · paid last 24h +0.013%
Price spread now: Vest against gTrade (Gains Network)+0.039%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 1 day (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 +$1 a day on $10k at the current rate, and Vest is 0.039% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) HG/USD6.8396L +0.0002% / S −0.0001%pay 0.0000% / 1h1m 49s$178K250x
ShortVest HG-PERP6.84230.0046get 0.0006% / 1h1m 49s$36K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against gTrade (Gains Network). 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
$9.2
Price spread: +0.039% → 0.000%
$3.95
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Vest: 1 bp × 2 orders
−$2
Net
$1.14
Costs to cover
0.120%
Break-even
6.1 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle exchange), 50 min ago; Vest: 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 gTrade (Gains Network) virtual book (oracle exchange), 50 min ago130.01 bp229.7 bp −$2301613.4 bp −$16.1K13153.2 bp −$1.32Mdoesn't fit
Sell Vest no order-book sample
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 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
BloFin XCU-USDT−0.0010%8h6.8370−0.038%$48K$299K20xas long as short
Aster XCUUSDT0.0000%4h6.8436+0.059%$35K$47K50xas long as short
Binance COPPERUSDT0.0000%4h6.8450+0.079%$9.1M$32.0M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8404+0.012%$508K$821K50xas long as short
Gate XCU_USDT0.0000%8h6.8300−0.140%$1.3M$190K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8450+0.079%$26.3M$5.8M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8450+0.079%$3.2M$1.7M100xas long as short
Variational Omni COPPER0.0000%4h6.8469+0.107%$768K$531Kas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8472+0.111%$87K$2.3M25xas long as short
SunX COPPER-USDT0.0000%4h6.8460+0.094%$4.8M20xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX COPPER-USDT0.0000%4h6.8490+0.137%$61K$71K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8310−0.126%$4.2M$81K100xas long as short
gTrade (Gains Network) HG/USDlongL +0.0002% / S −0.0001%1h6.8396long leg$178K250x
edgeX COPPERUSDC+0.0017%4h6.8482+0.126%$95K$320K20xas long as short
QFEX COPPER-USD+0.0020%1h6.8440+0.064%$1.5M$150K20xas long as short
Extended XCU-USD+0.0032%1h6.8409+0.018%$273K$1.7M20xas long as short
Vest HG-PERPshort+0.0046%1h6.8423+0.039%$36K25x
tradeXYZ xyz:COPPER+0.0050%1h6.8395−0.001%$10.8M$3.8M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.8405+0.013%$906$6K20xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8437+0.059%$2K$8255xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8473+0.113%$59K$52K15xas long as short
Lighter XCU+0.0064%1h6.8523+0.186%$480K$24K20xas long as short
Pacifica COPPER+0.0100%1h6.8465+0.101%$23K$13K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8410+0.020%$266K$39K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8480+0.123%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8425+0.043%$31310xas long as short
Phoenix COPPER+0.0117%1h6.8488+0.135%$44K$17K20xas long as short
Kraken Futures PF_XCUUSD+0.0329%1h6.8431+0.051%$34K$180K20xas long as short