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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%
Price spread now: Vest against SunX−0.015%49s7-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 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 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX COPPER-USDT6.83700get 0.0000% / 4h2h 46m$6.6M20x
ShortVest HG-PERP6.83600.0046get 0.0006% / 1h46m 25s$82K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against SunX. 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: −0.015% → 0.000%
−$1.46
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Vest: 1 bp × 2 orders
−$2
Net
−$1.87
Costs to cover
0.100%
Break-even
8.4 days
Slippage unknown: SunX: live order book, 13 min ago; 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 SunX live order book, 13 min ago46.12 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Vest no order-book sample
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
Kraken Futures PF_XCUUSD−0.0480%1h6.8365−0.007%$35K$176K20xas long as short
tradeXYZ xyz:COPPER−0.0005%1h6.8332−0.056%$10.6M$4.9M20xas long as short
QFEX COPPER-USD−0.0001%1h6.83700.000%$1.5M$129K20xas long as short
Aster XCUUSDT0.0000%4h6.8381+0.016%$33K$27K50xas long as short
Binance COPPERUSDT0.0000%4h6.8382+0.017%$9.2M$33.1M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8320−0.073%$490K$971K50xas long as short
Gate XCU_USDT0.0000%8h6.8160−0.307%$1.3M$520K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8360−0.015%$26.8M$4.6M100xas long as short
Bitget COPPERUSDT0.0000%4h6.83700.000%$2.5M$1.7M100xas long as short
Variational Omni COPPER0.0000%4h6.8313−0.083%$741K$1.4Mas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT COPPER_USDT_Perp0.0000%4h6.8320−0.073%$91K$2.2M25xas long as short
SunX COPPER-USDTlong0.0000%4h6.8370long leg$6.6M20x
HTX COPPER-USDT0.0000%4h6.8360−0.015%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8220−0.219%$4.2M$79K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8362−0.011%$178K250xas long as short
edgeX COPPERUSDC+0.0013%4h6.8319−0.075%$95K$319K20xas long as short
Phoenix COPPER+0.0023%1h6.8311−0.086%$45K$23K20xas long as short
Lighter XCU+0.0032%1h6.8472+0.149%$479K$40K20xas long as short
Extended XCU-USD+0.0032%1h6.8365−0.008%$276K$2.5M20xas long as short
Vest HG-PERPshort+0.0046%1h6.8360−0.015%$82K25x
Paradex XCU-USD-PERP+0.0050%8h6.8356−0.021%$2K$2K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.8339−0.045%$905$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8287−0.121%$57K$55K15xas long as short
BloFin COPPER-USDT+0.0056%4h6.8360−0.015%$88K$138K100xas long as short
Pacifica COPPER+0.0100%1h6.8373+0.004%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8360−0.015%$279K$35K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8420+0.073%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8357−0.019%$31210xas long as short