Funding you earn now, next payment 11:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.011%
Price spread now: HTX against Ondo Perps+0.025%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
The price spread pays, funding is against you. HTX is 0.025% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.025% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 39 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps COPPER-USD.P | 6.8473 | 0.0050 | pay 0.0006% / 1h | 59m 35s | $59K | $52K | 15x |
| Short | HTX COPPER-USDT | 6.8490 | 0 | get 0.0000% / 4h | 1h 59m | $61K | $71K | 75x |
Ondo Perps COPPER-USD.P
HTX COPPER-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Ondo Perps. 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
- −$10.58
- Price spread: +0.025% → 0.000%
- $2.48
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$25.1
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Ondo Perps no order-book sample | — | — | — | — | — |
| Sell HTX no order-book sample | — | — | — | — | — |
Ondo Perps and 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster XCUUSDT | 0.0000% | 4h | 6.8504 | +0.045% | $35K | $47K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8520 | +0.069% | $9.0M | $32.0M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8435 | −0.055% | $508K | $821K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.8320 | −0.223% | $1.3M | $180K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8510 | +0.054% | $26.3M | $5.5M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8500 | +0.039% | $3.2M | $1.7M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8449 | −0.035% | $768K | $531K | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8445 | −0.041% | $87K | $2.3M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.8510 | +0.054% | — | $4.8M | 20x | as long as short |
| HTX COPPER-USDTshort | 0.0000% | 4h | 6.8490 | +0.025% | $61K | $71K | 75x |
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-USDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8310 | −0.238% | $4.2M | $82K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.8412 | −0.088% | $178K | — | 250x | as long as short |
| BloFin XCU-USDT | +0.0009% | 8h | 6.8386 | −0.127% | $48K | $302K | 20x | as long as short |
| edgeX COPPERUSDC | +0.0017% | 4h | 6.8482 | +0.013% | $95K | $320K | 20x | as long as short |
| QFEX COPPER-USD | +0.0020% | 1h | 6.8480 | +0.010% | $1.5M | $150K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.8481 | +0.011% | $274K | $1.7M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8452 | −0.031% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.8470 | −0.004% | $10.8M | $3.8M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8465 | −0.012% | $907 | $6K | 20x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8488 | +0.022% | $2K | $825 | 5x | as long as short |
| Ondo Perps COPPER-USD.Plong | +0.0050% | 1h | 6.8473 | long leg | $59K | $52K | 15x | |
| Lighter XCU | +0.0064% | 1h | 6.8584 | +0.162% | $480K | $24K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8485 | +0.018% | $24K | $13K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8480 | +0.010% | $267K | $39K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8560 | +0.127% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8522 | +0.072% | $313 | — | 10x | as long as short |
| Phoenix COPPER | +0.0117% | 1h | 6.8488 | +0.022% | $44K | $17K | 20x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0329% | 1h | 6.8484 | +0.017% | $34K | $180K | 20x | as long as short |
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
BloFin XCU-USDT
edgeX COPPERUSDC
QFEX COPPER-USD
Extended XCU-USD
Vest HG-PERP
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Paradex XCU-USD-PERP
Lighter XCU
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Phoenix COPPER
Kraken Futures PF_XCUUSD