Spread before costs (cost unknown: a leg has no order-book sample)+0.103%
7d average—if it closes, per $10,000$10funding while held, a day+$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget COPPERUSDT | 6.7720 | 0 | get 0.0000% / 4h | 3h 58m | $1.7M | $1.0M | 100x |
| Short | Orderly PERP_COPPER_USDC_mythos | 6.7790 | 0.0100 | get 0.0100% / 8h | 7h 58m | $3K | — | 10x |
Bitget COPPERUSDT
Orderly PERP_COPPER_USDC_mythosPrice 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
- $10.34
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$4.66
- Spread needed to break even
- 0.180%
Slippage unknown: Bitget: live order book, 5 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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 Bitget live order book, 5 min ago | 1.48 bp | 10.0 bp −$10 | 25.0 bp −$250 | 97.0 bp −$9,704 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.Gate6.7610cheapestOKX6.7680+0.104%HTX6.7680+0.104%Variational Omni6.7685+0.111%edgeX6.7688+0.115%Ondo Perps6.7691+0.120%Phoenix6.7693+0.123%BloFin6.7700+0.133%Pacifica6.7706+0.142%SoDEX6.7707+0.143%Vest6.7708+0.145%Kraken Futures6.7709+0.146%SunX6.7710+0.148%tradeXYZ6.7718+0.160%QFEX6.7720+0.163%
Gate
OKX
HTX
Variational Omni
Ondo Perps
Phoenix
BloFin
Pacifica
SoDEX
Vest
Kraken Futures
SunX
tradeXYZ
QFEXBitget6.7720+0.163%
Paradex6.7722+0.166%gTrade (Gains Network)6.7727+0.173%Extended6.7727+0.174%MEXC6.7730+0.177%Aevo6.7732+0.180%Binance6.7736+0.186%KuCoin6.7740+0.192%Aster6.7743+0.196%Phemex6.7770+0.237%
Paradex
gTrade (Gains Network)
Extended
MEXC
Aevo
Binance
KuCoin
Aster
PhemexOrderly6.7790+0.266%
Lighter6.7827+0.321%
LighterCOPPER on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XCU_USDT | −0.162% | 0.0000% | 8h | $1.3M | $515K | 100x | as long as short |
| OKX XCU-USDT-SWAP | −0.059% | 0.0000% | 8h | $542K | $1.1M | 50x | as long as short |
| HTX COPPER-USDT | −0.059% | 0.0000% | 4h | $60K | $29K | 75x | as long as short |
| Variational Omni COPPER | −0.051% | 0.0000% | 4h | $761K | $1.5M | — | as long as short |
| edgeX COPPERUSDC | −0.048% | −0.0009% | 4h | $93K | $318K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | −0.043% | +0.0050% | 1h | $63K | $14K | 15x | as long as short |
| Phoenix COPPER | −0.040% | +0.0130% | 1h | $43K | $28K | 20x | as long as short |
| BloFin COPPER-USDT | −0.030% | +0.0021% | 4h | $90K | $131K | 100x | as long as short |
| Pacifica COPPER | −0.021% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
| SoDEX COPPER-USD | −0.019% | +0.0050% | 1h | $897 | $3K | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Vest HG-PERP | −0.018% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| Kraken Futures PF_XCUUSD | −0.016% | +0.0189% | 1h | $26K | $177K | 20x | as long as short |
| SunX COPPER-USDT | −0.015% | 0.0000% | 4h | — | $7.9M | 20x | as long as short |
| tradeXYZ xyz:COPPER | −0.003% | +0.0016% | 1h | $10.4M | $5.6M | 20x | as long as short |
| QFEX COPPER-USD | 0.000% | +0.0011% | 1h | $1.5M | $48K | 20x | as long as short |
| Bitget COPPERUSDTlong | 0.000% | 0.0000% | 4h | $1.7M | $1.0M | 100x | |
| Paradex XCU-USD-PERP | +0.003% | +0.0050% | 8h | $1K | $3K | 5x | as long as short |
| gTrade (Gains Network) HG/USD | +0.010% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
| Extended XCU-USD | +0.011% | +0.0032% | 1h | $261K | $2.8M | 20x | as long as short |
| MEXC COPPER_USDT | +0.015% | 0.0000% | 4h | $25.9M | $4.0M | 100x | as long as short |
| Aevo COPPER-PERP | +0.017% | +0.0104% | 1h | $310 | — | 10x | as long as short |
| Binance COPPERUSDT | +0.023% | 0.0000% | 4h | $9.0M | $33.6M | 100x | as long as short |
| KuCoin COPPERUSDTM | +0.030% | +0.0406% | 4h | $258K | $25K | 50x | as long as short |
| Aster XCUUSDT | +0.033% | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| Phemex COPPERUSDT | +0.074% | 0.0000% | 4h | $4.2M | $72K | 100x | as long as short |
| Orderly PERP_COPPER_USDC_mythosshort | +0.103% | +0.0100% | 8h | $3K | — | 10x | |
| Lighter XCU | +0.158% | +0.0032% | 1h | $475K | $42K | 20x | as long as short |