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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0005%/8h= −0.5% APRnext payment $0.01 per $10,000 · paid last 24h +0.002%
Price spread now: Vest against Ondo Perps−0.121%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · Vest: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Vest is 0.121% cheaper against Ondo Perps than usual: you would sell low and buy high, −$12 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps COPPER-USD.P6.83500.0050pay 0.0006% / 1h54m 27s$57K$55K15x
ShortVest HG-PERP6.82670.0046get 0.0006% / 1h54m 27s$36K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.99
Price spread: −0.121% → 0.000%
−$12.14
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
−$20.13
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Vest: 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 Ondo Perps no order-book sample
Sell Vest no order-book sample
Ondo Perps and Vest: 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
Aster XCUUSDT0.0000%4h6.8312−0.056%$32K$28K50xas long as short
Binance COPPERUSDT0.0000%4h6.8310−0.059%$9.0M$33.4M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8272−0.114%$498K$889K50xas long as short
Gate XCU_USDT0.0000%8h6.8170−0.263%$1.3M$183K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8300−0.073%$26.0M$5.5M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8310−0.059%$2.9M$1.6M100xas long as short
Variational Omni COPPER0.0000%4h6.8382+0.046%$765K$1.3Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8399+0.072%$91K$2.4M25xas long as short
SunX COPPER-USDT0.0000%4h6.8330−0.029%$5.4M20xas long as short
HTX COPPER-USDT0.0000%4h6.8420+0.102%$61K$54K75xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex COPPERUSDT0.0000%4h6.8230−0.176%$4.2M$82K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8323−0.040%$178K250xas long as short
edgeX COPPERUSDC+0.0007%4h6.8379+0.042%$95K$318K20xas long as short
BloFin COPPER-USDT+0.0019%4h6.8320−0.044%$88K$153K100xas long as short
QFEX COPPER-USD+0.0020%1h6.8300−0.073%$1.5M$144K20xas long as short
Extended XCU-USD+0.0032%1h6.8254−0.140%$273K$1.7M20xas long as short
Vest HG-PERPshort+0.0046%1h6.8267−0.121%$36K25x
tradeXYZ xyz:COPPER+0.0050%1h6.8260−0.132%$10.8M$4.1M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.8273−0.113%$904$6K20xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8261−0.131%$2K$1K5xas long as short
Ondo Perps COPPER-USD.Plong+0.0050%1h6.8350long leg$57K$55K15x
Pacifica COPPER+0.0100%1h6.8259−0.133%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8280−0.102%$266K$39K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8370+0.029%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8310−0.058%$31210xas long as short
Phoenix COPPER+0.0129%1h6.8365+0.022%$45K$17K20xas long as short
Lighter XCU+0.0144%1h6.8396+0.067%$479K$23K20xas long as short
Kraken Futures PF_XCUUSD+0.0330%1h6.8314−0.053%$34K$178K20xas long as short