Spread before costs (cost unknown: a leg has no order-book sample)+0.037%
7d average−0.019%if it closes, per $10,000$4funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COPPERUSDT | 6.7670 | 0 | get 0.0000% / 4h | 3h 03m | $9.0M | $34.0M | 100x |
| Short | Variational Omni COPPER | 6.7695 | 0 | get 0.0000% / 4h | 3h 03m | $747K | $1.5M | — |
Binance COPPERUSDT
Variational Omni COPPERPrice 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
- $3.67
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$6.33
- Spread needed to break even
- 0.100%
Slippage unknown: Binance: live order book, 10 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.
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, 10 min ago | 0.74 bp | 5.7 bp −$6 | 8.3 bp −$83 | 62.2 bp −$6,221 | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 2.99 bp | doesn't fit | 8.7 bp −$87 | doesn't fit | doesn't fit |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7560cheapestOKX6.7601+0.061%SoDEX6.7618+0.086%tradeXYZ6.7629+0.102%Vest6.7629+0.102%Ondo Perps6.7637+0.114%Pacifica6.7638+0.115%gTrade (Gains Network)6.7640+0.118%Phoenix6.7641+0.120%Extended6.7645+0.125%MEXC6.7660+0.148%Bitget6.7660+0.148%Paradex6.7660+0.149%Aster6.7670+0.163%
Gate
OKX
SoDEX
tradeXYZ
Vest
Ondo Perps
Pacifica
gTrade (Gains Network)
Phoenix
Extended
MEXC
Bitget
Paradex
AsterBinance6.7670+0.163%
SunX6.7670+0.163%Aevo6.7672+0.165%edgeX6.7675+0.170%Kraken Futures6.7677+0.173%KuCoin6.7680+0.178%QFEX6.7690+0.192%BloFin6.7690+0.192%
SunX
Aevo
Kraken Futures
KuCoin
QFEX
BloFinVariational Omni6.7695+0.200%
HTX6.7700+0.207%Lighter6.7750+0.281%Orderly6.7750+0.281%Phemex6.7750+0.281%
HTX
Lighter
Orderly
PhemexCOPPER on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XCU_USDT | −0.163% | 0.0000% | 8h | $1.3M | $517K | 100x | as long as short |
| OKX XCU-USDT-SWAP | −0.102% | 0.0000% | 8h | $538K | $1.1M | 50x | as long as short |
| SoDEX COPPER-USD | −0.077% | +0.0050% | 1h | $895 | $3K | 20x | as long as short |
| tradeXYZ xyz:COPPER | −0.061% | +0.0050% | 1h | $10.4M | $5.6M | 20x | as long as short |
| Vest HG-PERP | −0.061% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| Ondo Perps COPPER-USD.P | −0.049% | +0.0050% | 1h | $62K | $16K | 15x | as long as short |
| Pacifica COPPER | −0.047% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
| gTrade (Gains Network) HG/USD | −0.044% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
| Phoenix COPPER | −0.043% | +0.0059% | 1h | $43K | $28K | 20x | as long as short |
| Extended XCU-USD | −0.037% | +0.0032% | 1h | $258K | $2.7M | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC COPPER_USDT | −0.015% | 0.0000% | 4h | $25.7M | $4.0M | 100x | as long as short |
| Bitget COPPERUSDT | −0.015% | +0.0062% | 4h | $1.6M | $1.0M | 100x | as long as short |
| Paradex XCU-USD-PERP | −0.014% | +0.0052% | 8h | $1K | $3K | 5x | as long as short |
| Aster XCUUSDT | 0.000% | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| Binance COPPERUSDTlong | 0.000% | 0.0000% | 4h | $9.0M | $34.0M | 100x | |
| SunX COPPER-USDT | 0.000% | 0.0000% | 4h | — | $7.9M | 20x | as long as short |
| Aevo COPPER-PERP | +0.002% | +0.0104% | 1h | $309 | — | 10x | as long as short |
| edgeX COPPERUSDC | +0.007% | −0.0013% | 4h | $93K | $318K | 20x | as long as short |
| Kraken Futures PF_XCUUSD | +0.010% | +0.0189% | 1h | $26K | $73K | 20x | as long as short |
| KuCoin COPPERUSDTM | +0.015% | +0.0100% | 4h | $257K | $25K | 50x | as long as short |
| QFEX COPPER-USD | +0.030% | +0.0011% | 1h | $1.5M | $51K | 20x | as long as short |
| BloFin COPPER-USDT | +0.030% | −0.0019% | 4h | $89K | $133K | 100x | as long as short |
| Variational Omni COPPERshort | +0.037% | 0.0000% | 4h | $747K | $1.5M | — | |
| HTX COPPER-USDT | +0.044% | 0.0000% | 4h | $60K | $29K | 75x | as long as short |
| Lighter XCU | +0.118% | +0.0176% | 1h | $474K | $43K | 20x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.118% | +0.0100% | 8h | $3K | — | 10x | as long as short |
| Phemex COPPERUSDT | +0.118% | 0.0000% | 4h | $4.2M | $75K | 100x | as long as short |