data as of
Settings8H · net · $10k
Price arb /

COPPER

RWAall COPPER markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)+0.128%
7d averageif it closes, per $10,000$13funding while held, a day+$4.08
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XCUUSDT6.76460get 0.0000% / 4h2h 58m$32K$52K50x
ShortLighter XCU6.77330.0136get 0.0017% / 1h58m 38s$474K$43K20x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Lighter live order book, 38 min ago0.88 bp3.7 bp −$47.1 bp −$71doesn't fitdoesn'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.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Gate XCU_USDT−0.157%0.0000%8h$1.3M$517K100xas long as short
OKX XCU-USDT-SWAP−0.088%0.0000%8h$538K$1.1M50xas long as short
gTrade (Gains Network) HG/USD−0.088%L +0.0002% / S −0.0001%1h$175K250xas long as short
SoDEX COPPER-USD−0.085%+0.0050%1h$895$3K20xas long as short
Vest HG-PERP−0.076%+0.0046%1h$82K25xas long as short
tradeXYZ xyz:COPPER−0.067%+0.0050%1h$10.4M$5.6M20xas long as short
Pacifica COPPER−0.042%+0.0100%1h$25K$12K10xas long as short
Extended XCU-USD−0.035%+0.0032%1h$258K$2.7M20xas long as short
QFEX COPPER-USD−0.024%+0.0011%1h$1.5M$51K20xas long as short
Phoenix COPPER−0.024%+0.0059%1h$43K$27K20xas long as short
Show all 27 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
SunX COPPER-USDT−0.024%0.0000%4h$7.9M20xas long as short
Aevo COPPER-PERP−0.024%+0.0104%1h$30910xas long as short
KuCoin COPPERUSDTM−0.010%+0.0100%4h$257K$25K50xas long as short
Paradex XCU-USD-PERP−0.007%+0.0052%8h$1K$3K5xas long as short
Aster XCUUSDTlong0.000%0.0000%4h$32K$52K50x
Kraken Futures PF_XCUUSD+0.001%+0.0390%1h$26K$73K20xas long as short
MEXC COPPER_USDT+0.005%0.0000%4h$25.6M$4.0M100xas long as short
Bitget COPPERUSDT+0.005%+0.0066%4h$1.6M$1.0M100xas long as short
Binance COPPERUSDT+0.020%0.0000%4h$9.0M$34.0M100xas long as short
Ondo Perps COPPER-USD.P+0.026%+0.0050%1h$62K$16K15xas long as short
edgeX COPPERUSDC+0.030%−0.0015%4h$93K$319K20xas long as short
BloFin COPPER-USDT+0.035%−0.0035%4h$88K$133K100xas long as short
Variational Omni COPPER+0.040%0.0000%4h$747K$1.5Mas long as short
HTX COPPER-USDT+0.050%0.0000%4h$60K$29K75xas long as short
Orderly PERP_COPPER_USDC_mythos+0.079%+0.0100%8h$3K10xas long as short
Lighter XCUshort+0.128%+0.0136%1h$474K$43K20x
Phemex COPPERUSDT+0.138%0.0000%4h$4.2M$75K100xas long as short