COPPER

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.02 per $10,000 · paid last 24h +0.030%

Price spread now: Extended against Vest+0.031%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Vest Short on Extended

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · Extended: Active · farm boardneeds both histories

The price spread pays, funding is against you. Extended is 0.031% dearer against Vest than usual: you sell high and buy low (spread +0.031% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 7.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest HG-PERP	6.8099	0.0046	pay 0.0006% / 1h	41m 07s	—	$82K	25x
Short	Extended XCU-USD	6.8120	0.0032	get 0.0004% / 1h	41m 07s	$276K	$2.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee VestbpFee ExtendedbpOrdersPrice spread, now +0.031%Rate

Funding earned: −$2.87
Price spread: +0.031% → 0.000%: $3.07
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$6.8
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Extended: live order book, 3 min ago. 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 Vest no order-book sample	—	—	—	—	—
Sell Extended live order book, 3 min ago	0.37 bp	5.1 bp −$5	53.5 bp −$535	doesn't fit	doesn't fit

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin COPPER-USDT	−0.0052%	4h	6.8130	+0.046%	$88K	$139K	100x	as long as short
Aster XCUUSDT	0.0000%	4h	6.8143	+0.065%	$32K	$27K	50x	as long as short
Binance COPPERUSDT	0.0000%	4h	6.8137	+0.056%	$9.2M	$33.6M	100x	as long as short
OKX XCU-USDT-SWAP	0.0000%	8h	6.8093	−0.009%	$497K	$971K	50x	as long as short
Gate XCU_USDT	0.0000%	8h	6.8010	−0.131%	$1.3M	$521K	100x	as long as short
MEXC COPPER_USDT	0.0000%	4h	6.8140	+0.060%	$26.3M	$4.9M	100x	as long as short
Bitget COPPERUSDT	0.0000%	4h	6.8130	+0.046%	$2.9M	$2.0M	100x	as long as short
Variational Omni COPPER	0.0000%	4h	6.8113	+0.021%	$735K	$1.4M	—	as long as short
GRVT COPPER_USDT_Perp	0.0000%	4h	6.8150	+0.075%	$90K	$2.3M	25x	as long as short
SunX COPPER-USDT	0.0000%	4h	6.8140	+0.060%	—	$6.4M	20x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX COPPER-USDT	0.0000%	4h	6.8160	+0.090%	$61K	$24K	75x	as long as short
Phemex COPPERUSDT	0.0000%	4h	6.8130	+0.046%	$4.2M	$82K	100x	as long as short
gTrade (Gains Network) HG/USD	L +0.0002% / S −0.0001%	1h	6.8110	+0.016%	$178K	—	250x	as long as short
QFEX COPPER-USD	+0.0003%	1h	6.8120	+0.031%	$1.5M	$130K	20x	as long as short
tradeXYZ xyz:COPPER	+0.0005%	1h	6.8092	−0.010%	$10.6M	$5.0M	20x	as long as short
edgeX COPPERUSDC	+0.0020%	4h	6.8130	+0.046%	$94K	$320K	20x	as long as short
Extended XCU-USDshort	+0.0032%	1h	6.8120	+0.031%	$276K	$2.3M	20x
Vest HG-PERPlong	+0.0046%	1h	6.8099	long leg	—	$82K	25x
Phoenix COPPER	+0.0047%	1h	6.8100	+0.001%	$45K	$22K	20x	as long as short
Lighter XCU	+0.0048%	1h	6.8226	+0.186%	$477K	$41K	20x	as long as short
Paradex XCU-USD-PERP	+0.0050%	8h	6.8104	+0.008%	$1K	$2K	5x	as long as short
SoDEX COPPER-USD	+0.0050%	1h	6.8098	−0.001%	$4K	$5K	20x	as long as short
Ondo Perps COPPER-USD.P	+0.0050%	1h	6.8161	+0.091%	$57K	$55K	15x	as long as short
Pacifica COPPER	+0.0100%	1h	6.8091	−0.011%	$23K	$14K	10x	as long as short
KuCoin COPPERUSDTM	+0.0100%	4h	6.8140	+0.060%	$278K	$37K	50x	as long as short
Orderly PERP_COPPER_USDC_mythos	+0.0100%	8h	6.8200	+0.148%	$3K	—	10x	as long as short
Aevo COPPER-PERP	+0.0104%	1h	6.8132	+0.049%	$311	—	10x	as long as short
Kraken Futures PF_XCUUSD	+0.0108%	1h	6.8111	+0.018%	$34K	$176K	20x	as long as short