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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.066%
Price spread now: Aster against Vest+0.034%47s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · Aster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Aster is 0.034% dearer against Vest than usual: you sell high and buy low (spread +0.034% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.5 days. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest HG-PERP6.79490.0046pay 0.0006% / 1h41m 45s$82K25x
ShortAster XCUUSDT6.79720get 0.0000% / 4h41m 45s$32K$36K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Vest. 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
−$9.59
Price spread: +0.034% → 0.000%
$3.43
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Aster: 4 bp × 2 orders
−$8
Net
−$16.16
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Vest: no order-book sample; Aster: 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 Vest no order-book sample
Sell Aster no order-book sample
Vest and Aster: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin COPPER-USDT−0.0054%4h6.7970+0.031%$87K$149K100xas long as short
edgeX COPPERUSDC−0.0020%4h6.7988+0.058%$93K$319K20xas long as short
Aster XCUUSDTshort0.0000%4h6.7972+0.034%$32K$36K50x
Binance COPPERUSDT0.0000%4h6.7970+0.031%$9.0M$34.5M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.7942−0.010%$467K$1.2M50xas long as short
Gate XCU_USDT0.0000%8h6.7850−0.146%$1.3M$493K100xas long as short
MEXC COPPER_USDT0.0000%4h6.7970+0.031%$26.9M$4.9M100xas long as short
Bitget COPPERUSDT0.0000%4h6.7980+0.046%$1.7M$1.0M100xas long as short
Variational Omni COPPER0.0000%4h6.7997+0.070%$739K$1.6Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8010+0.090%$91K$2.2M25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX COPPER-USDT0.0000%4h6.7990+0.060%$7.6M20xas long as short
HTX COPPER-USDT0.0000%4h6.8000+0.075%$60K$27K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7910−0.057%$4.2M$80K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.7954+0.008%$176K250xas long as short
QFEX COPPER-USD+0.0013%1h6.7980+0.046%$1.5M$131K20xas long as short
Lighter XCU+0.0032%1h6.8061+0.165%$476K$45K20xas long as short
Phoenix COPPER+0.0035%1h6.8011+0.091%$45K$30K20xas long as short
Vest HG-PERPlong+0.0046%1h6.7949long leg$82K25x
Paradex XCU-USD-PERP+0.0050%8h6.7984+0.051%$1K$3K5xas long as short
tradeXYZ xyz:COPPER+0.0050%1h6.7935−0.021%$10.4M$5.4M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.7950+0.001%$900$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.7930−0.028%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.7960+0.016%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.7970+0.031%$258K$25K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8040+0.134%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.7977+0.041%$31110xas long as short
Extended XCU-USD+0.0304%1h6.7946−0.004%$230K$2.9M20xas long as short
Kraken Futures PF_XCUUSD+0.0312%1h6.7911−0.056%$28K$173K20xas long as short