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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: HTX against OKX+0.007%54s7-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 7 days+0.022%+$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX XCU-USDT-SWAP6.79750get 0.0000% / 8h6h 35m$472K$939K50x
ShortHTX COPPER-USDT6.79800get 0.0000% / 4h2h 35m$61K$26K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against OKX. 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
$0
Price spread: +0.007% → 0.000%
$0.74
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$21.26
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 21 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 21 min ago0.81 bp15.5 bp −$1530.7 bp −$307doesn't fitdoesn't fit
Sell HTX no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_XCUUSD−0.1015%1h6.7954−0.031%$32K$176K20xas long as short
tradeXYZ xyz:COPPER−0.0136%1h6.7960−0.022%$10.4M$4.8M20xas long as short
BloFin COPPER-USDT−0.0051%4h6.8050+0.110%$88K$144K100xas long as short
Aster XCUUSDT0.0000%4h6.8013+0.056%$32K$35K50xas long as short
Binance COPPERUSDT0.0000%4h6.8013+0.055%$9.1M$32.2M100xas long as short
OKX XCU-USDT-SWAPlong0.0000%8h6.7975long leg$472K$939K50x
Gate XCU_USDT0.0000%8h6.7850−0.184%$1.3M$478K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8010+0.051%$26.0M$5.0M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8010+0.051%$1.7M$1.0M100xas long as short
Variational Omni COPPER0.0000%4h6.7954−0.030%$741K$1.4Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COPPER_USDT_Perp0.0000%4h6.8012+0.055%$95K$2.1M25xas long as short
SunX COPPER-USDT0.0000%4h6.7960−0.022%$6.9M20xas long as short
HTX COPPER-USDTshort0.0000%4h6.7980+0.007%$61K$26K75x
Phemex COPPERUSDT0.0000%4h6.7910−0.096%$4.2M$74K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8004+0.043%$176K250xas long as short
QFEX COPPER-USD+0.0006%1h6.8010+0.051%$1.5M$129K20xas long as short
edgeX COPPERUSDC+0.0016%4h6.7986+0.017%$94K$317K20xas long as short
Phoenix COPPER+0.0035%1h6.7970−0.007%$45K$30K20xas long as short
Lighter XCU+0.0040%1h6.8084+0.160%$476K$39K20xas long as short
Vest HG-PERP+0.0046%1h6.7981+0.009%$82K25xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8003+0.041%$1K$2K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.7945−0.044%$900$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.7902−0.107%$56K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.7984+0.014%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8020+0.066%$258K$25K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8070+0.140%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.7999+0.036%$31110xas long as short
Extended XCU-USD+0.0416%1h6.7992+0.025%$229K$2.9M20xas long as short