COPPER

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.046%

Price spread now: KuCoin against HTX−0.088%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.245%+$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. KuCoin is 0.088% cheaper against HTX than usual: you would sell low and buy high (spread −0.088% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 2.9 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX COPPER-USDT	6.8390	0	get 0.0000% / 4h	2h 57m	$61K	$54K	75x
Short	KuCoin COPPERUSDTM	6.8330	0.0100	get 0.0050% / 4h	2h 57m	$266K	$39K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee KuCoinbpOrdersPrice spread, now −0.088%Rate

Funding earned: $21
Price spread: −0.088% → 0.000%: −$8.77
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$11.77
Costs to cover: 0.240%
Break-even: 10.9 days

Slippage unknown: HTX: no order-book sample; KuCoin: live order book, 25 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 KuCoin live order book, 25 min ago	10.27 bp	94.4 bp −$94	486.5 bp −$4,865	doesn't fit	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
Aster XCUUSDT	0.0000%	4h	6.8387	−0.005%	$33K	$28K	50x	as long as short
Binance COPPERUSDT	0.0000%	4h	6.8413	+0.033%	$9.1M	$33.4M	100x	as long as short
OKX XCU-USDT-SWAP	0.0000%	8h	6.8338	−0.076%	$499K	$912K	50x	as long as short
Gate XCU_USDT	0.0000%	8h	6.8240	−0.219%	$1.3M	$183K	100x	as long as short
MEXC COPPER_USDT	0.0000%	4h	6.8390	0.000%	$26.0M	$5.5M	100x	as long as short
Bitget COPPERUSDT	0.0000%	4h	6.8380	−0.015%	$2.9M	$1.6M	100x	as long as short
Variational Omni COPPER	0.0000%	4h	6.8322	−0.099%	$765K	$1.3M	—	as long as short
GRVT COPPER_USDT_Perp	0.0000%	4h	6.8364	−0.038%	$91K	$2.4M	25x	as long as short
SunX COPPER-USDT	0.0000%	4h	6.8390	0.000%	—	$5.4M	20x	as long as short
HTX COPPER-USDTlong	0.0000%	4h	6.8390	long leg	$61K	$54K	75x

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex COPPERUSDT	0.0000%	4h	6.8230	−0.234%	$4.2M	$82K	100x	as long as short
gTrade (Gains Network) HG/USD	L +0.0002% / S −0.0001%	1h	6.8323	−0.098%	$178K	—	250x	as long as short
edgeX COPPERUSDC	+0.0018%	4h	6.8355	−0.051%	$95K	$318K	20x	as long as short
QFEX COPPER-USD	+0.0020%	1h	6.8370	−0.029%	$1.5M	$144K	20x	as long as short
Extended XCU-USD	+0.0032%	1h	6.8346	−0.064%	$273K	$1.7M	20x	as long as short
Vest HG-PERP	+0.0046%	1h	6.8350	−0.058%	—	$36K	25x	as long as short
tradeXYZ xyz:COPPER	+0.0048%	1h	6.8353	−0.054%	$10.8M	$4.1M	20x	as long as short
SoDEX COPPER-USD	+0.0050%	1h	6.8338	−0.076%	$905	$6K	20x	as long as short
Ondo Perps COPPER-USD.P	+0.0050%	1h	6.8402	+0.018%	$57K	$53K	15x	as long as short
Paradex XCU-USD-PERP	+0.0050%	8h	6.8355	−0.051%	$2K	$1K	5x	as long as short
BloFin COPPER-USDT	+0.0051%	4h	6.8400	+0.015%	$89K	$152K	100x	as long as short
Lighter XCU	+0.0096%	1h	6.8489	+0.145%	$479K	$23K	20x	as long as short
Pacifica COPPER	+0.0100%	1h	6.8361	−0.043%	$23K	$14K	10x	as long as short
KuCoin COPPERUSDTMshort	+0.0100%	4h	6.8330	−0.088%	$266K	$39K	50x
Orderly PERP_COPPER_USDC_mythos	+0.0100%	8h	6.8440	+0.073%	$3K	—	10x	as long as short
Aevo COPPER-PERP	+0.0104%	1h	6.8367	−0.033%	$313	—	10x	as long as short
Phoenix COPPER	+0.0129%	1h	6.8336	−0.079%	$45K	$17K	20x	as long as short
Kraken Futures PF_XCUUSD	+0.0330%	1h	6.8370	−0.029%	$34K	$178K	20x	as long as short