After costs, if the gap returns to its 7d average, $10k−$45
spread now+0.005%7d average+0.023%fees + slippage, in and out−$44spread needed0.435%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX COPPERUSDC | 6.7716 | −0.0015 | get 0.0008% / 4h | 1h 51m | $93K | $317K | 20x |
| Short | BloFin COPPER-USDT | 6.7720 | 0.0043 | get 0.0021% / 4h | 1h 51m | $89K | $139K | 100x |
BloFin COPPER-USDTPrice 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
- $0.54
- Funding while held
- $1.74
- Slippage, 4 orders
- −$22.54
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$41.26
- Spread needed to break even
- 0.435%
Slippage from edgeX: live order book, 49 min ago; BloFin: live order book, 37 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0058%
- Per $10,000 a day
- +$1.74
- 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 edgeX live order book, 49 min ago | 7.39 bp | 12.7 bp −$13 | 23.9 bp −$239 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 37 min ago | 0.74 bp | 11.4 bp −$11 | 13.7 bp −$137 | 50.1 bp −$5,006 | doesn't fit |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7580cheapesttradeXYZ6.7665+0.126%OKX6.7672+0.136%SoDEX6.7676+0.142%Ondo Perps6.7680+0.148%Phoenix6.7689+0.161%Variational Omni6.7689+0.162%Vest6.7713+0.197%Pacifica6.7716+0.201%gTrade (Gains Network)6.7716+0.202%QFEX6.7720+0.207%HTX6.7720+0.207%
Gate
tradeXYZ
OKX
SoDEX
Ondo Perps
Phoenix
Variational Omni
Vest
Pacifica
gTrade (Gains Network)
QFEX
HTXBloFin6.7720+0.207%
Kraken Futures6.7721+0.208%MEXC6.7730+0.222%KuCoin6.7730+0.222%SunX6.7730+0.222%Paradex6.7733+0.226%Extended6.7737+0.232%Aster6.7739+0.235%Aevo6.7740+0.236%Binance6.7740+0.237%Bitget6.7740+0.237%Phemex6.7770+0.281%Orderly6.7800+0.326%Lighter6.7829+0.368%
Kraken Futures
MEXC
KuCoin
SunX
Paradex
Extended
Aster
Aevo
Binance
Bitget
Phemex
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 | −0.201% | 0.0000% | 8h | $1.3M | $524K | 100x | as long as short |
| tradeXYZ xyz:COPPER | −0.076% | −0.0230% | 1h | $10.5M | $5.8M | 20x | as long as short |
| OKX XCU-USDT-SWAP | −0.065% | 0.0000% | 8h | $540K | $1.1M | 50x | as long as short |
| SoDEX COPPER-USD | −0.060% | +0.0045% | 1h | $896 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | −0.054% | +0.0050% | 1h | $62K | $21K | 15x | as long as short |
| Phoenix COPPER | −0.040% | −0.0036% | 1h | $43K | $28K | 20x | as long as short |
| Variational Omni COPPER | −0.040% | 0.0000% | 4h | $748K | $1.5M | — | as long as short |
| Vest HG-PERP | −0.005% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| Pacifica COPPER | −0.001% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
| gTrade (Gains Network) HG/USD | 0.000% | 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 | |
|---|---|---|---|---|---|---|---|
| edgeX COPPERUSDClong | 0.000% | −0.0015% | 4h | $93K | $317K | 20x | |
| QFEX COPPER-USD | +0.005% | +0.0007% | 1h | $1.5M | $95K | 20x | as long as short |
| HTX COPPER-USDT | +0.005% | 0.0000% | 4h | $60K | $28K | 75x | as long as short |
| BloFin COPPER-USDTshort | +0.005% | +0.0043% | 4h | $89K | $139K | 100x | |
| Kraken Futures PF_XCUUSD | +0.007% | +0.0596% | 1h | $26K | $46K | 20x | as long as short |
| MEXC COPPER_USDT | +0.020% | 0.0000% | 4h | $25.6M | $4.1M | 100x | as long as short |
| KuCoin COPPERUSDTM | +0.020% | +0.0100% | 4h | $258K | $25K | 50x | as long as short |
| SunX COPPER-USDT | +0.020% | 0.0000% | 4h | — | $7.9M | 20x | as long as short |
| Paradex XCU-USD-PERP | +0.024% | +0.0050% | 8h | $1K | $3K | 5x | as long as short |
| Extended XCU-USD | +0.030% | +0.0032% | 1h | $238K | $2.7M | 20x | as long as short |
| Aster XCUUSDT | +0.034% | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| Aevo COPPER-PERP | +0.035% | +0.0104% | 1h | $310 | — | 10x | as long as short |
| Binance COPPERUSDT | +0.035% | 0.0000% | 4h | $9.0M | $34.3M | 100x | as long as short |
| Bitget COPPERUSDT | +0.035% | +0.0076% | 4h | $1.6M | $1.0M | 100x | as long as short |
| Phemex COPPERUSDT | +0.079% | 0.0000% | 4h | $4.2M | $77K | 100x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.124% | +0.0100% | 8h | $3K | — | 10x | as long as short |
| Lighter XCU | +0.166% | +0.0032% | 1h | $474K | $44K | 20x | as long as short |