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

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.5% APRpaid last 24h −0.003%
Price spread now: Paradex against Vest+0.027%7-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 · Paradex: 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: Paradex is 0.027% dearer against Vest than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest HG-PERP6.81030.0046pay 0.0006% / 1h47m 56s$82K25x
ShortParadex XCU-USD-PERP6.81210.0050get 0.0050% / 8h5h 47m$1K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$0.91
Price spread: +0.027% → 0.000%
$2.71
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$2.38
Costs to cover
0.060%
Break-even
25.4 days
Slippage unknown: Vest: no order-book sample; Paradex: 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 Paradex no order-book sample
Vest and Paradex: 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 27 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
QFEX COPPER-USD0.0000%1h6.8120+0.025%$1.5M$129K20xas long as short
Aster XCUUSDT0.0000%4h6.8154+0.074%$32K$21K50xas long as short
Binance COPPERUSDT0.0000%4h6.8150+0.069%$9.1M$32.4M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8107+0.006%$472K$939K50xas long as short
Gate XCU_USDT0.0000%8h6.7990−0.166%$1.3M$478K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8140+0.054%$26.0M$4.2M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8160+0.084%$1.7M$999K100xas long as short
Variational Omni COPPER0.0000%4h6.8132+0.042%$742K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8154+0.075%$95K$2.0M25xas long as short
SunX COPPER-USDT0.0000%4h6.8130+0.040%$6.7M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX COPPER-USDT0.0000%4h6.8180+0.113%$61K$25K75xas long as short
Phemex COPPERUSDT0.0000%4h6.7990−0.166%$4.2M$75K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8108+0.007%$178K250xas long as short
Phoenix COPPER+0.0012%1h6.8126+0.034%$45K$23K20xas long as short
edgeX COPPERUSDC+0.0018%4h6.8170+0.099%$94K$318K20xas long as short
Vest HG-PERPlong+0.0046%1h6.8103long leg$82K25x
Paradex XCU-USD-PERPshort+0.0050%8h6.8121+0.027%$1K$2K5x
tradeXYZ xyz:COPPER+0.0050%1h6.8118+0.022%$10.4M$4.8M20xas long as short
SoDEX COPPER-USD+0.0050%1h6.8112+0.013%$902$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8139+0.053%$57K$55K15xas long as short
Lighter XCU+0.0072%1h6.8238+0.198%$477K$39K20xas long as short
Pacifica COPPER+0.0100%1h6.8105+0.003%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8130+0.040%$258K$21K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8200+0.142%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8132+0.043%$31110xas long as short
Kraken Futures PF_XCUUSD+0.0195%1h6.8134+0.046%$32K$176K20xas long as short
Extended XCU-USD+0.0512%1h6.8114+0.016%$224K$2.8M20xas long as short