Spread before costs (cost unknown: a leg has no order-book sample)−0.002%
7d average—if it closes, per $10,000$0funding while held, a day+$1.92
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster XCUUSDT | 6.7792 | 0 | get 0.0000% / 4h | 1h 36m | $32K | $52K | 50x |
| Short | Bitget COPPERUSDT | 6.7790 | 0.0064 | get 0.0032% / 4h | 1h 36m | $1.6M | $1.0M | 100x |
Aster XCUUSDT
Bitget COPPERUSDTPrice 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
- −$0.24
- Funding while held
- $1.92
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$18.32
- Spread needed to break even
- 0.200%
Slippage unknown: Aster: no order-book sample; Bitget: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0064%
- Per $10,000 a day
- +$1.92
- 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 Aster no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 2 min ago | 1.48 bp | 10.8 bp −$11 | 29.0 bp −$290 | 90.9 bp −$9,089 | doesn't fit |
Aster: 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.Gate6.7660cheapestOKX6.7721+0.090%SoDEX6.7742+0.121%tradeXYZ6.7744+0.124%Kraken Futures6.7756+0.142%Phoenix6.7760+0.148%Vest6.7771+0.164%gTrade (Gains Network)6.7774+0.168%Extended6.7778+0.174%Pacifica6.7780+0.177%QFEX6.7780+0.177%MEXC6.7780+0.177%BloFin6.7780+0.177%edgeX6.7780+0.178%Ondo Perps6.7782+0.180%Variational Omni6.7788+0.189%Aevo6.7790+0.192%Binance6.7790+0.192%KuCoin6.7790+0.192%
Gate
OKX
SoDEX
tradeXYZ
Kraken Futures
Phoenix
Vest
gTrade (Gains Network)
Extended
Pacifica
QFEX
MEXC
BloFin
Ondo Perps
Variational Omni
Aevo
Binance
KuCoinBitget6.7790+0.192%
SunX6.7790+0.192%Phemex6.7790+0.192%Paradex6.7792+0.194%
SunX
Phemex
ParadexAster6.7792+0.195%
HTX6.7810+0.222%Orderly6.7860+0.296%Lighter6.7888+0.337%
HTX
Orderly
LighterCOPPER on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XCU_USDT | −0.194% | 0.0000% | 8h | $1.3M | $524K | 100x | as long as short |
| OKX XCU-USDT-SWAP | −0.104% | 0.0000% | 8h | $540K | $1.1M | 50x | as long as short |
| SoDEX COPPER-USD | −0.073% | +0.0050% | 1h | $897 | $3K | 20x | as long as short |
| tradeXYZ xyz:COPPER | −0.070% | −0.0169% | 1h | $10.5M | $5.8M | 20x | as long as short |
| Kraken Futures PF_XCUUSD | −0.053% | +0.0596% | 1h | $26K | $46K | 20x | as long as short |
| Phoenix COPPER | −0.047% | −0.0036% | 1h | $43K | $28K | 20x | as long as short |
| Vest HG-PERP | −0.030% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| gTrade (Gains Network) HG/USD | −0.026% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
| Extended XCU-USD | −0.021% | +0.0032% | 1h | $262K | $2.8M | 20x | as long as short |
| Pacifica COPPER | −0.018% | +0.0100% | 1h | $25K | $11K | 10x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| QFEX COPPER-USD | −0.017% | +0.0007% | 1h | $1.5M | $92K | 20x | as long as short |
| MEXC COPPER_USDT | −0.017% | 0.0000% | 4h | $25.6M | $4.1M | 100x | as long as short |
| BloFin COPPER-USDT | −0.017% | −0.0004% | 4h | $89K | $140K | 100x | as long as short |
| edgeX COPPERUSDC | −0.017% | −0.0012% | 4h | $93K | $317K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | −0.014% | +0.0050% | 1h | $62K | $21K | 15x | as long as short |
| Variational Omni COPPER | −0.005% | 0.0000% | 4h | $749K | $1.5M | — | as long as short |
| Aevo COPPER-PERP | −0.003% | +0.0104% | 1h | $310 | — | 10x | as long as short |
| Binance COPPERUSDT | −0.002% | 0.0000% | 4h | $9.0M | $34.4M | 100x | as long as short |
| KuCoin COPPERUSDTM | −0.002% | +0.0100% | 4h | $258K | $25K | 50x | as long as short |
| Bitget COPPERUSDTshort | −0.002% | +0.0064% | 4h | $1.6M | $1.0M | 100x | |
| SunX COPPER-USDT | −0.002% | 0.0000% | 4h | — | $7.9M | 20x | as long as short |
| Phemex COPPERUSDT | −0.002% | 0.0000% | 4h | $4.2M | $78K | 100x | as long as short |
| Paradex XCU-USD-PERP | 0.000% | +0.0050% | 8h | $1K | $3K | 5x | as long as short |
| Aster XCUUSDTlong | 0.000% | 0.0000% | 4h | $32K | $52K | 50x | |
| HTX COPPER-USDT | +0.027% | 0.0000% | 4h | $60K | $28K | 75x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.101% | +0.0100% | 8h | $3K | — | 10x | as long as short |
| Lighter XCU | +0.142% | +0.0032% | 1h | $474K | $44K | 20x | as long as short |