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
Funding, last 1 day (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) HG/USD | 6.8396 | L +0.0002% / S −0.0001% | pay 0.0000% / 1h | 1m 49s | $178K | — | 250x |
| Short | Vest HG-PERP | 6.8423 | 0.0046 | get 0.0006% / 1h | 1m 49s | — | $36K | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy gTrade (Gains Network) virtual book (oracle exchange), 50 min ago | 130.01 bp | 229.7 bp −$230 | 1613.4 bp −$16.1K | 13153.2 bp −$1.32M | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin XCU-USDT | −0.0010% | 8h | 6.8370 | −0.038% | $48K | $299K | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8436 | +0.059% | $35K | $47K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8450 | +0.079% | $9.1M | $32.0M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8404 | +0.012% | $508K | $821K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.8300 | −0.140% | $1.3M | $190K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8450 | +0.079% | $26.3M | $5.8M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8450 | +0.079% | $3.2M | $1.7M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8469 | +0.107% | $768K | $531K | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8472 | +0.111% | $87K | $2.3M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.8460 | +0.094% | — | $4.8M | 20x | as long as short |
Show all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX COPPER-USDT | 0.0000% | 4h | 6.8490 | +0.137% | $61K | $71K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8310 | −0.126% | $4.2M | $81K | 100x | as long as short |
| gTrade (Gains Network) HG/USDlong | L +0.0002% / S −0.0001% | 1h | 6.8396 | long leg | $178K | — | 250x | |
| edgeX COPPERUSDC | +0.0017% | 4h | 6.8482 | +0.126% | $95K | $320K | 20x | as long as short |
| QFEX COPPER-USD | +0.0020% | 1h | 6.8440 | +0.064% | $1.5M | $150K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.8409 | +0.018% | $273K | $1.7M | 20x | as long as short |
| Vest HG-PERPshort | +0.0046% | 1h | 6.8423 | +0.039% | — | $36K | 25x | |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.8395 | −0.001% | $10.8M | $3.8M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8405 | +0.013% | $906 | $6K | 20x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8437 | +0.059% | $2K | $825 | 5x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8473 | +0.113% | $59K | $52K | 15x | as long as short |
| Lighter XCU | +0.0064% | 1h | 6.8523 | +0.186% | $480K | $24K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8465 | +0.101% | $23K | $13K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8410 | +0.020% | $266K | $39K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8480 | +0.123% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8425 | +0.043% | $313 | — | 10x | as long as short |
| Phoenix COPPER | +0.0117% | 1h | 6.8488 | +0.135% | $44K | $17K | 20x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0329% | 1h | 6.8431 | +0.051% | $34K | $180K | 20x | as long as short |
gTrade (Gains Network) HG/USD
BloFin XCU-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-USDT
HTX COPPER-USDT
Phemex COPPERUSDT
edgeX COPPERUSDC
Extended XCU-USD
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Paradex XCU-USD-PERP
Lighter XCU
Pacifica COPPER
KuCoin COPPERUSDTM
Phoenix COPPER
Kraken Futures PF_XCUUSD