After costs, if the gap returns to its 7d average, $10k−$25
spread now−0.012%7d average−0.006%fees + slippage, in and out−$24spread needed0.240%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COPPERUSDT | 6.7946 | 0 | get 0.0000% / 4h | 1h 29m | $9.2M | $31.9M | 100x |
| Short | OKX XCU-USDT-SWAP | 6.7938 | 0 | get 0.0000% / 8h | 1h 29m | $535K | $991K | 50x |
Binance COPPERUSDT
OKX XCU-USDT-SWAPPrice 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
- −$1.16
- Funding while held
- $0
- Slippage, 4 orders
- −$3.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$25.15
- Spread needed to break even
- 0.240%
Slippage from Binance: live order book, 14 min ago; OKX: live order book, 24 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Binance live order book, 14 min ago | 0.74 bp | 5.7 bp −$6 | 10.1 bp −$101 | 73.3 bp −$7,326 | doesn't fit |
| Sell OKX live order book, 24 min ago | 0.07 bp | 5.6 bp −$6 | 29.9 bp −$299 | doesn't fit | doesn't fit |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7870cheapesttradeXYZ6.7906+0.053%Ondo Perps6.7920+0.074%gTrade (Gains Network)6.7926+0.083%Extended6.7932+0.091%SoDEX6.7932+0.091%
Gate
tradeXYZ
Ondo Perps
gTrade (Gains Network)
Extended
SoDEXOKX6.7938+0.100%
Vest6.7938+0.100%Bitget6.7940+0.103%
Vest
BitgetBinance6.7946+0.112%
Variational Omni6.7949+0.116%edgeX6.7953+0.122%BloFin6.7960+0.133%Aevo6.7966+0.141%Paradex6.7968+0.144%QFEX6.7970+0.147%MEXC6.7970+0.147%Kraken Futures6.7973+0.152%SunX6.7980+0.162%Phoenix6.7983+0.166%Pacifica6.7984+0.169%Aster6.7993+0.182%HTX6.8030+0.236%Orderly6.8050+0.265%Lighter6.8056+0.274%KuCoin6.8110+0.354%Phemex6.8150+0.413%
Variational Omni
BloFin
Aevo
Paradex
QFEX
MEXC
Kraken Futures
SunX
Phoenix
Pacifica
Aster
HTX
Orderly
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 | −0.112% | 0.0000% | 8h | $1.3M | $508K | 100x | as long as short |
| tradeXYZ xyz:COPPER | −0.059% | +0.0050% | 1h | $10.5M | $5.5M | 20x | as long as short |
| Ondo Perps COPPER-USD.P | −0.038% | +0.0050% | 1h | $62K | $13K | 15x | as long as short |
| gTrade (Gains Network) HG/USD | −0.029% | L +0.0002% / S −0.0001% | 1h | $306K | — | 250x | as long as short |
| Extended XCU-USD | −0.021% | +0.0104% | 1h | $337K | $2.3M | 20x | as long as short |
| SoDEX COPPER-USD | −0.020% | +0.0050% | 1h | $900 | $3K | 20x | as long as short |
| OKX XCU-USDT-SWAPshort | −0.012% | 0.0000% | 8h | $535K | $991K | 50x | |
| Vest HG-PERP | −0.012% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| Bitget COPPERUSDT | −0.009% | 0.0000% | 4h | $1.7M | $972K | 100x | as long as short |
| Binance COPPERUSDTlong | 0.000% | 0.0000% | 4h | $9.2M | $31.9M | 100x |