COPPER

Alert

After costs, if the gap returns to its 7d average, $10k−$37

spread now−0.030%7d average+0.004%fees + slippage, in and out−$34spread needed0.337%

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance COPPERUSDT	6.7680	0	get 0.0000% / 4h	5m 27s	$8.9M	$33.5M	100x
Short	Bitget COPPERUSDT	6.7660	0	get 0.0000% / 4h	5m 27s	$1.7M	$1.0M	100x

Price spread history

latest

Range statsloading…

share of time at each level, last 7D

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Position, each leg$Hold forhoursFee BinancebpFee BitgetbpOrdersClose when spread is

Slippage from Binance: live order book, 8 min ago; Bitget: live order book, 3 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 8 min ago	0.74 bp	5.7 bp −$6	10.0 bp −$100	68.1 bp −$6,813	doesn't fit
Sell Bitget live order book, 3 min ago	0.74 bp	9.4 bp −$9	24.5 bp −$245	78.2 bp −$7,817	doesn't fit

against the cheapest. Click to use as the short leg.

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Gate XCU_USDT	−0.148%	0.0000%	8h	$1.3M	$518K	100x	as long as short
OKX XCU-USDT-SWAP	−0.059%	0.0000%	8h	$540K	$1.1M	50x	as long as short
tradeXYZ xyz:COPPER	−0.050%	+0.0050%	1h	$10.4M	$5.6M	20x	as long as short
Pacifica COPPER	−0.047%	+0.0100%	1h	$25K	$12K	10x	as long as short
Vest HG-PERP	−0.044%	+0.0046%	1h	—	$82K	25x	as long as short
SoDEX COPPER-USD	−0.044%	+0.0050%	1h	$896	$3K	20x	as long as short
gTrade (Gains Network) HG/USD	−0.037%	L +0.0002% / S −0.0001%	1h	$176K	—	250x	as long as short
Extended XCU-USD	−0.030%	+0.0032%	1h	$244K	$2.7M	20x	as long as short
QFEX COPPER-USD	−0.030%	+0.0016%	1h	$1.5M	$48K	20x	as long as short
Bitget COPPERUSDTshort	−0.030%	0.0000%	4h	$1.7M	$1.0M	100x

Show all 27 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Aevo COPPER-PERP	−0.016%	+0.0104%	1h	$309	—	10x	as long as short
MEXC COPPER_USDT	−0.015%	0.0000%	4h	$25.9M	$4.0M	100x	as long as short
Paradex XCU-USD-PERP	−0.003%	+0.0050%	8h	$1K	$3K	5x	as long as short
Aster XCUUSDT	−0.002%	0.0000%	4h	$32K	$52K	50x	as long as short
Kraken Futures PF_XCUUSD	−0.001%	+0.0432%	1h	$26K	$190K	20x	as long as short
Binance COPPERUSDTlong	0.000%	0.0000%	4h	$8.9M	$33.5M	100x
SunX COPPER-USDT	0.000%	0.0000%	4h	—	$7.9M	20x	as long as short
Ondo Perps COPPER-USD.P	+0.015%	+0.0050%	1h	$63K	$14K	15x	as long as short
Phoenix COPPER	+0.015%	+0.0130%	1h	$43K	$28K	20x	as long as short
Variational Omni COPPER	+0.018%	0.0000%	4h	$745K	$1.5M	—	as long as short
KuCoin COPPERUSDTM	+0.030%	+0.0458%	4h	$257K	$25K	50x	as long as short
Phemex COPPERUSDT	+0.030%	0.0000%	4h	$4.2M	$72K	100x	as long as short
edgeX COPPERUSDC	+0.043%	−0.0017%	4h	$93K	$317K	20x	as long as short
Orderly PERP_COPPER_USDC_mythos	+0.074%	+0.0100%	8h	$3K	—	10x	as long as short
BloFin COPPER-USDT	+0.089%	+0.0036%	4h	$90K	$131K	100x	as long as short
HTX COPPER-USDT	+0.103%	0.0000%	4h	$60K	$29K	75x	as long as short
Lighter XCU	+0.120%	+0.0032%	1h	$475K	$42K	20x	as long as short