Spread before costs (cost unknown: a leg has no order-book sample)+0.128%
7d average—if it closes, per $10,000$13funding while held, a day+$4.08
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster XCUUSDT | 6.7646 | 0 | get 0.0000% / 4h | 2h 58m | $32K | $52K | 50x |
| Short | Lighter XCU | 6.7733 | 0.0136 | get 0.0017% / 1h | 58m 38s | $474K | $43K | 20x |
Price 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
- $12.79
- Funding while held
- $4.08
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $8.87
- Spread needed to break even
- 0.080%
Slippage unknown: Aster: no order-book sample; Lighter: live order book, 38 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0136%
- Per $10,000 a day
- +$4.08
- 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 Lighter live order book, 38 min ago | 0.88 bp | 3.7 bp −$4 | 7.1 bp −$71 | doesn't fit | 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.COPPER on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XCU_USDT | −0.157% | 0.0000% | 8h | $1.3M | $517K | 100x | as long as short |
| OKX XCU-USDT-SWAP | −0.088% | 0.0000% | 8h | $538K | $1.1M | 50x | as long as short |
| gTrade (Gains Network) HG/USD | −0.088% | L +0.0002% / S −0.0001% | 1h | $175K | — | 250x | as long as short |
| SoDEX COPPER-USD | −0.085% | +0.0050% | 1h | $895 | $3K | 20x | as long as short |
| Vest HG-PERP | −0.076% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| tradeXYZ xyz:COPPER | −0.067% | +0.0050% | 1h | $10.4M | $5.6M | 20x | as long as short |
| Pacifica COPPER | −0.042% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
| Extended XCU-USD | −0.035% | +0.0032% | 1h | $258K | $2.7M | 20x | as long as short |
| QFEX COPPER-USD | −0.024% | +0.0011% | 1h | $1.5M | $51K | 20x | as long as short |
| Phoenix COPPER | −0.024% | +0.0059% | 1h | $43K | $27K | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX COPPER-USDT | −0.024% | 0.0000% | 4h | — | $7.9M | 20x | as long as short |
| Aevo COPPER-PERP | −0.024% | +0.0104% | 1h | $309 | — | 10x | as long as short |
| KuCoin COPPERUSDTM | −0.010% | +0.0100% | 4h | $257K | $25K | 50x | as long as short |
| Paradex XCU-USD-PERP | −0.007% | +0.0052% | 8h | $1K | $3K | 5x | as long as short |
| Aster XCUUSDTlong | 0.000% | 0.0000% | 4h | $32K | $52K | 50x | |
| Kraken Futures PF_XCUUSD | +0.001% | +0.0390% | 1h | $26K | $73K | 20x | as long as short |
| MEXC COPPER_USDT | +0.005% | 0.0000% | 4h | $25.6M | $4.0M | 100x | as long as short |
| Bitget COPPERUSDT | +0.005% | +0.0066% | 4h | $1.6M | $1.0M | 100x | as long as short |
| Binance COPPERUSDT | +0.020% | 0.0000% | 4h | $9.0M | $34.0M | 100x | as long as short |
| Ondo Perps COPPER-USD.P | +0.026% | +0.0050% | 1h | $62K | $16K | 15x | as long as short |
| edgeX COPPERUSDC | +0.030% | −0.0015% | 4h | $93K | $319K | 20x | as long as short |
| BloFin COPPER-USDT | +0.035% | −0.0035% | 4h | $88K | $133K | 100x | as long as short |
| Variational Omni COPPER | +0.040% | 0.0000% | 4h | $747K | $1.5M | — | as long as short |
| HTX COPPER-USDT | +0.050% | 0.0000% | 4h | $60K | $29K | 75x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.079% | +0.0100% | 8h | $3K | — | 10x | as long as short |
| Lighter XCUshort | +0.128% | +0.0136% | 1h | $474K | $43K | 20x | |
| Phemex COPPERUSDT | +0.138% | 0.0000% | 4h | $4.2M | $75K | 100x | as long as short |
Aster XCUUSDT
Lighter XCU
Gate
OKX
gTrade (Gains Network)
SoDEX
tradeXYZ
Pacifica
Extended
Phoenix
SunX
KuCoin
Paradex
Kraken Futures
MEXC
Bitget
Binance
BloFin
Variational Omni
HTX
Phemex