After costs, if the gap returns to its 7d average, $10k−$44
spread now−0.074%7d average+0.053%fees + slippage, in and out−$31spread needed0.314%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget COPPERUSDT | 6.7660 | 0.0054 | pay 0.0027% / 4h | 3h 05m | $1.6M | $1.0M | 100x |
| Short | Extended XCU-USD | 6.7610 | 0.0032 | get 0.0004% / 1h | 5m 06s | $258K | $2.7M | 20x |
Bitget COPPERUSDT
Extended XCU-USDPrice 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
- −$7.44
- Funding while held
- −$0.66
- Slippage, 4 orders
- −$14.42
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$39.52
- Spread needed to break even
- 0.314%
Slippage from Bitget: live order book, 3 min ago; Extended: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0022%
- Per $10,000 a day
- −$0.66
- 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 Bitget live order book, 3 min ago | 0.74 bp | 11.4 bp −$11 | 25.5 bp −$255 | doesn't fit | doesn't fit |
| Sell Extended live order book, 5 min ago | 1.11 bp | 4.1 bp −$4 | 60.7 bp −$607 | doesn't fit | doesn't fit |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7540cheapestOKX6.7587+0.070%SoDEX6.7595+0.081%gTrade (Gains Network)6.7599+0.088%Vest6.7600+0.089%tradeXYZ6.7602+0.092%Pacifica6.7606+0.098%
Gate
OKX
SoDEX
gTrade (Gains Network)
Vest
tradeXYZ
PacificaExtended6.7610+0.103%
Ondo Perps6.7637+0.144%Paradex6.7640+0.149%Phoenix6.7641+0.150%Binance6.7650+0.163%MEXC6.7650+0.163%KuCoin6.7650+0.163%SunX6.7650+0.163%Aster6.7651+0.164%
Ondo Perps
Paradex
Phoenix
Binance
MEXC
KuCoin
SunX
AsterBitget6.7660+0.178%
Aevo6.7663+0.182%Kraken Futures6.7666+0.187%QFEX6.7670+0.192%BloFin6.7690+0.222%Variational Omni6.7695+0.229%HTX6.7700+0.237%edgeX6.7712+0.255%Phemex6.7720+0.267%Lighter6.7738+0.293%Orderly6.7740+0.296%
Aevo
Kraken Futures
QFEX
BloFin
Variational Omni
HTX
Phemex
Lighter
OrderlyCOPPER on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XCU_USDT | −0.177% | 0.0000% | 8h | $1.3M | $517K | 100x | as long as short |
| OKX XCU-USDT-SWAP | −0.108% | 0.0000% | 8h | $538K | $1.1M | 50x | as long as short |
| SoDEX COPPER-USD | −0.096% | +0.0050% | 1h | $895 | $3K | 20x | as long as short |
| gTrade (Gains Network) HG/USD | −0.089% | L +0.0002% / S −0.0001% | 1h | $175K | — | 250x | as long as short |
| Vest HG-PERP | −0.089% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| tradeXYZ xyz:COPPER | −0.086% | +0.0050% | 1h | $10.4M | $5.6M | 20x | as long as short |
| Pacifica COPPER | −0.079% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
| Extended XCU-USDshort | −0.074% | +0.0032% | 1h | $258K | $2.7M | 20x | |
| Ondo Perps COPPER-USD.P | −0.034% | +0.0050% | 1h | $62K | $16K | 15x | as long as short |
| Paradex XCU-USD-PERP | −0.029% | +0.0052% | 8h | $1K | $3K | 5x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix COPPER | −0.028% | +0.0059% | 1h | $43K | $28K | 20x | as long as short |
| Binance COPPERUSDT | −0.015% | 0.0000% | 4h | $9.0M | $34.0M | 100x | as long as short |
| MEXC COPPER_USDT | −0.015% | 0.0000% | 4h | $25.7M | $4.0M | 100x | as long as short |
| KuCoin COPPERUSDTM | −0.015% | +0.0100% | 4h | $257K | $25K | 50x | as long as short |
| SunX COPPER-USDT | −0.015% | 0.0000% | 4h | — | $7.9M | 20x | as long as short |
| Aster XCUUSDT | −0.014% | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| Bitget COPPERUSDTlong | 0.000% | +0.0054% | 4h | $1.6M | $1.0M | 100x | |
| Aevo COPPER-PERP | +0.004% | +0.0104% | 1h | $309 | — | 10x | as long as short |
| Kraken Futures PF_XCUUSD | +0.009% | +0.0189% | 1h | $26K | $73K | 20x | as long as short |
| QFEX COPPER-USD | +0.015% | +0.0011% | 1h | $1.5M | $51K | 20x | as long as short |
| BloFin COPPER-USDT | +0.044% | −0.0019% | 4h | $89K | $133K | 100x | as long as short |
| Variational Omni COPPER | +0.051% | 0.0000% | 4h | $747K | $1.5M | — | as long as short |
| HTX COPPER-USDT | +0.059% | 0.0000% | 4h | $60K | $29K | 75x | as long as short |
| edgeX COPPERUSDC | +0.077% | −0.0012% | 4h | $93K | $317K | 20x | as long as short |
| Phemex COPPERUSDT | +0.089% | 0.0000% | 4h | $4.2M | $75K | 100x | as long as short |
| Lighter XCU | +0.115% | +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 |