Spread before costs (cost unknown: a leg has no order-book sample)−0.017%
7d average—if it closes, per $10,000$2funding while held, a day−$1.62
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo COPPER-PERP | 6.7948 | 0.0104 | pay 0.0013% / 1h | 26m 44s | $311 | — | 10x |
| Short | SoDEX COPPER-USD | 6.7936 | 0.0050 | get 0.0006% / 1h | 26m 44s | $900 | $3K | 20x |
Aevo COPPER-PERP
SoDEX COPPER-USDPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$1.71
- Funding while held
- −$1.62
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$27.33
- Spread needed to break even
- 0.240%
Slippage unknown: Aevo: no order-book sample; SoDEX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0054%
- Per $10,000 a day
- −$1.62
- Average in range /8h
- —
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 Aevo no order-book sample | — | — | — | — | — |
| Sell SoDEX no order-book sample | — | — | — | — | — |
Aevo and SoDEX: 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 price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7860cheapestOKX6.7914+0.080%Ondo Perps6.7923+0.093%Vest6.7932+0.106%gTrade (Gains Network)6.7935+0.110%
Gate
OKX
Ondo Perps
Vest
gTrade (Gains Network)SoDEX6.7936+0.112%
Aevo6.7948+0.129%
tradeXYZ6.7949+0.131%Variational Omni6.7949+0.131%Kraken Futures6.7950+0.133%Paradex6.7953+0.136%Extended6.7955+0.139%QFEX6.7960+0.147%MEXC6.7960+0.147%Bitget6.7960+0.147%SunX6.7960+0.147%BloFin6.7960+0.147%Binance6.7967+0.158%Pacifica6.7969+0.161%edgeX6.7977+0.173%Phoenix6.7983+0.181%Aster6.7998+0.203%Orderly6.8020+0.236%HTX6.8030+0.251%Lighter6.8068+0.307%KuCoin6.8110+0.368%Phemex6.8150+0.427%
tradeXYZ
Variational Omni
Kraken Futures
Paradex
Extended
QFEX
MEXC
Bitget
SunX
BloFin
Binance
Pacifica
Phoenix
Aster
Orderly
HTX
Lighter
KuCoin
PhemexCOPPER on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XCU_USDT | −0.129% | 0.0000% | 8h | $1.3M | $508K | 100x | as long as short |
| OKX XCU-USDT-SWAP | −0.050% | 0.0000% | 8h | $535K | $990K | 50x | as long as short |
| Ondo Perps COPPER-USD.P | −0.036% | +0.0050% | 1h | $62K | $13K | 15x | as long as short |
| Vest HG-PERP | −0.023% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| gTrade (Gains Network) HG/USD | −0.019% | L +0.0002% / S −0.0001% | 1h | $306K | — | 250x | as long as short |
| SoDEX COPPER-USDshort | −0.017% | +0.0050% | 1h | $900 | $3K | 20x | |
| Aevo COPPER-PERPlong | 0.000% | +0.0104% | 1h | $311 | — | 10x | |
| tradeXYZ xyz:COPPER | +0.002% | +0.0050% | 1h | $10.5M | $5.5M | 20x | as long as short |
| Variational Omni COPPER | +0.002% | 0.0000% | 4h | $806K | $1.4M | — | as long as short |
| Kraken Futures PF_XCUUSD | +0.004% | +0.1448% | 1h | $26K | $206K | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex XCU-USD-PERP | +0.007% | +0.0052% | 8h | $1K | $3K | 5x | as long as short |
| Extended XCU-USD | +0.010% | +0.0072% | 1h | $337K | $2.3M | 20x | as long as short |
| QFEX COPPER-USD | +0.018% | +0.0019% | 1h | $1.5M | $48K | 20x | as long as short |
| MEXC COPPER_USDT | +0.018% | 0.0000% | 4h | $26.2M | $3.9M | 100x | as long as short |
| Bitget COPPERUSDT | +0.018% | 0.0000% | 4h | $1.7M | $972K | 100x | as long as short |
| SunX COPPER-USDT | +0.018% | 0.0000% | 4h | — | $7.2M | 20x | as long as short |
| BloFin COPPER-USDT | +0.018% | +0.0021% | 4h | $89K | $125K | 100x | as long as short |
| Binance COPPERUSDT | +0.029% | 0.0000% | 4h | $9.2M | $31.9M | 100x | as long as short |
| Pacifica COPPER | +0.032% | +0.0100% | 1h | $25K | $9K | 10x | as long as short |
| edgeX COPPERUSDC | +0.043% | −0.0006% | 4h | $93K | $315K | 20x | as long as short |
| Phoenix COPPER | +0.052% | +0.0153% | 1h | $43K | $28K | 20x | as long as short |
| Aster XCUUSDT | +0.074% | 0.0000% | 4h | $33K | $51K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.106% | +0.0100% | 8h | $3K | — | 10x | as long as short |
| HTX COPPER-USDT | +0.121% | 0.0000% | 4h | $60K | $29K | 75x | as long as short |
| Lighter XCU | +0.177% | +0.0104% | 1h | $476K | $38K | 20x | as long as short |
| KuCoin COPPERUSDTM | +0.239% | +0.0484% | 4h | $261K | $8K | 50x | as long as short |
| Phemex COPPERUSDT | +0.298% | 0.0000% | 4h | $4.2M | $67K | 100x | as long as short |