Funding you earn now, next payment 08:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.11 per $10,000 · paid last 24h −0.033%
Price spread now: BloFin against HTX−0.044%59s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.240%−$24 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. BloFin is 0.044% cheaper against HTX than usual: you would sell low and buy high (spread −0.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 6.9 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.240%, so the current rate has only just turned in your favour. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX COPPER-USDT | 6.8250 | 0 | get 0.0000% / 4h | 2h 03m | $61K | $24K | 75x |
| Short | BloFin COPPER-USDT | 6.8220 | 0.0021 | get 0.0011% / 4h | 2h 03m | $87K | $139K | 100x |
HTX COPPER-USDT
BloFin COPPER-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against HTX. 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
- $4.44
- Price spread: −0.044% → 0.000%
- −$4.4
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$23.95
- Costs to cover
- 0.240%
- Break-even
- 44.7 days
Slippage unknown: HTX: no order-book sample; BloFin: live order book, 9 min ago. 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 HTX no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 9 min ago | 1.47 bp | 7.5 bp −$7 | 11.2 bp −$112 | 35.0 bp −$3,496 | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XCUUSD | −0.0481% | 1h | 6.8180 | −0.102% | $34K | $176K | 20x | as long as short |
| QFEX COPPER-USD | −0.0001% | 1h | 6.8210 | −0.059% | $1.5M | $130K | 20x | as long as short |
| tradeXYZ xyz:COPPER | 0.0000% | 1h | 6.8163 | −0.127% | $10.6M | $5.0M | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8196 | −0.079% | $32K | $27K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8203 | −0.069% | $9.2M | $33.5M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8158 | −0.135% | $498K | $973K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.8080 | −0.249% | $1.3M | $533K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8210 | −0.059% | $26.7M | $4.9M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8200 | −0.073% | $2.9M | $2.0M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8243 | −0.010% | $740K | $1.4M | — | as long as short |
Kraken Futures PF_XCUUSD
QFEX COPPER-USD
tradeXYZ xyz:COPPER
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Bitget COPPERUSDT
Variational Omni COPPERShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8264 | +0.021% | $95K | $2.3M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.8230 | −0.029% | — | $6.5M | 20x | as long as short |
| HTX COPPER-USDTlong | 0.0000% | 4h | 6.8250 | long leg | $61K | $24K | 75x | |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8160 | −0.132% | $4.2M | $81K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.8165 | −0.125% | $178K | — | 250x | as long as short |
| edgeX COPPERUSDC | +0.0002% | 4h | 6.8230 | −0.029% | $95K | $319K | 20x | as long as short |
| BloFin COPPER-USDTshort | +0.0021% | 4h | 6.8220 | −0.044% | $87K | $139K | 100x | |
| Phoenix COPPER | +0.0023% | 1h | 6.8223 | −0.040% | $45K | $23K | 20x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.8306 | +0.082% | $477K | $40K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.8177 | −0.107% | $276K | $2.4M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8181 | −0.101% | — | $82K | 25x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8205 | −0.066% | $2K | $2K | 5x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8157 | −0.136% | $903 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8274 | +0.035% | $57K | $55K | 15x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8209 | −0.061% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8210 | −0.059% | $278K | $35K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8270 | +0.029% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8199 | −0.075% | $312 | — | 10x | as long as short |
GRVT COPPER_USDT_Perp
SunX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
edgeX COPPERUSDC
Phoenix COPPER
Lighter XCU
Extended XCU-USD
Vest HG-PERP
Paradex XCU-USD-PERP
SoDEX COPPER-USD
Ondo Perps COPPER-USD.P
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP