Spread before costs (cost unknown: a leg has no order-book sample)+0.030%
7d average−0.024%if it closes, per $10,000$3funding while held, a day+$0.87
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin COPPER-USDT | 6.7750 | −0.0029 | get 0.0014% / 4h | 1h 47m | $89K | $139K | 100x |
| Short | Phemex COPPERUSDT | 6.7770 | 0 | get 0.0000% / 4h | 1h 47m | $4.2M | $78K | 100x |
BloFin COPPER-USDT
Phemex COPPERUSDTPrice 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
- $2.95
- Funding while held
- $0.87
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$20.18
- Spread needed to break even
- 0.240%
Slippage unknown: BloFin: live order book, 41 min ago; Phemex: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0029%
- Per $10,000 a day
- +$0.87
- 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 BloFin live order book, 41 min ago | 0.74 bp | 6.7 bp −$7 | 9.7 bp −$97 | 38.6 bp −$3,863 | 126.1 bp −$63.0K |
| Sell Phemex live order book, 3 min ago | 0.74 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7590cheapestOKX6.7678+0.130%tradeXYZ6.7686+0.142%SoDEX6.7686+0.142%Variational Omni6.7717+0.187%KuCoin6.7720+0.192%Kraken Futures6.7726+0.201%Phoenix6.7729+0.206%Vest6.7730+0.207%gTrade (Gains Network)6.7730+0.207%Extended6.7737+0.218%QFEX6.7740+0.222%Bitget6.7740+0.222%Pacifica6.7742+0.226%Aster6.7746+0.230%edgeX6.7747+0.232%Aevo6.7749+0.235%MEXC6.7750+0.237%SunX6.7750+0.237%
Gate
OKX
tradeXYZ
SoDEX
Variational Omni
KuCoin
Kraken Futures
Phoenix
Vest
gTrade (Gains Network)
Extended
QFEX
Bitget
Pacifica
Aster
Aevo
MEXC
SunXBloFin6.7750+0.237%
Binance6.7750+0.237%Ondo Perps6.7751+0.238%Paradex6.7753+0.241%HTX6.7760+0.252%
Binance
Ondo Perps
Paradex
HTXPhemex6.7770+0.266%
Orderly6.7810+0.325%Lighter6.7841+0.371%
Orderly
LighterCOPPER on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XCU_USDT | −0.236% | 0.0000% | 8h | $1.3M | $524K | 100x | as long as short |
| OKX XCU-USDT-SWAP | −0.106% | 0.0000% | 8h | $540K | $1.1M | 50x | as long as short |
| tradeXYZ xyz:COPPER | −0.094% | −0.0224% | 1h | $10.5M | $5.8M | 20x | as long as short |
| SoDEX COPPER-USD | −0.094% | +0.0049% | 1h | $896 | $3K | 20x | as long as short |
| Variational Omni COPPER | −0.049% | 0.0000% | 4h | $749K | $1.5M | — | as long as short |
| KuCoin COPPERUSDTM | −0.044% | +0.0100% | 4h | $258K | $25K | 50x | as long as short |
| Kraken Futures PF_XCUUSD | −0.036% | +0.0596% | 1h | $26K | $46K | 20x | as long as short |
| Phoenix COPPER | −0.031% | −0.0036% | 1h | $43K | $28K | 20x | as long as short |
| Vest HG-PERP | −0.030% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| gTrade (Gains Network) HG/USD | −0.030% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended XCU-USD | −0.019% | +0.0032% | 1h | $238K | $2.7M | 20x | as long as short |
| QFEX COPPER-USD | −0.015% | +0.0007% | 1h | $1.5M | $95K | 20x | as long as short |
| Bitget COPPERUSDT | −0.015% | +0.0072% | 4h | $1.6M | $1.0M | 100x | as long as short |
| Pacifica COPPER | −0.011% | +0.0100% | 1h | $25K | $11K | 10x | as long as short |
| Aster XCUUSDT | −0.007% | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| edgeX COPPERUSDC | −0.005% | −0.0003% | 4h | $93K | $318K | 20x | as long as short |
| Aevo COPPER-PERP | −0.002% | +0.0104% | 1h | $310 | — | 10x | as long as short |
| MEXC COPPER_USDT | 0.000% | 0.0000% | 4h | $25.6M | $4.1M | 100x | as long as short |
| SunX COPPER-USDT | 0.000% | 0.0000% | 4h | — | $7.9M | 20x | as long as short |
| BloFin COPPER-USDTlong | 0.000% | −0.0029% | 4h | $89K | $139K | 100x | |
| Binance COPPERUSDT | 0.000% | 0.0000% | 4h | $9.0M | $34.3M | 100x | as long as short |
| Ondo Perps COPPER-USD.P | +0.001% | +0.0050% | 1h | $62K | $21K | 15x | as long as short |
| Paradex XCU-USD-PERP | +0.005% | +0.0050% | 8h | $1K | $3K | 5x | as long as short |
| HTX COPPER-USDT | +0.015% | 0.0000% | 4h | $60K | $28K | 75x | as long as short |
| Phemex COPPERUSDTshort | +0.030% | 0.0000% | 4h | $4.2M | $78K | 100x | |
| Orderly PERP_COPPER_USDC_mythos | +0.089% | +0.0100% | 8h | $3K | — | 10x | as long as short |
| Lighter XCU | +0.134% | +0.0032% | 1h | $474K | $44K | 20x | as long as short |