After costs, if the gap returns to its 7d average, $10k−$476
spread now−0.025%7d average+0.049%fees + slippage, in and out−$469spread needed4.687%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX COPPERUSDC | 6.7747 | −0.0003 | get 0.0002% / 4h | 1h 47m | $93K | $318K | 20x |
| Short | gTrade (Gains Network) HG/USD | 6.7730 | L +0.0002% / S −0.0001% | get 0.0000% / 1h | 47m 30s | $176K | — | 250x |
gTrade (Gains Network) HG/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
- −$2.49
- Funding while held
- $0.15
- Slippage, 4 orders
- −$449.74
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$471.09
- Spread needed to break even
- 4.687%
Slippage from edgeX: live order book, 52 min ago; gTrade (Gains Network): virtual book (oracle venue), 28 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0005%
- Per $10,000 a day
- +$0.15
- 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, 52 min ago | 7.39 bp | 12.7 bp −$13 | 23.9 bp −$239 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 28 min ago | 130.00 bp | 213.6 bp −$214 | 1617.5 bp −$16.2K | 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%SoDEX6.7682+0.136%tradeXYZ6.7689+0.146%Variational Omni6.7717+0.187%Kraken Futures6.7722+0.196%Phoenix6.7729+0.206%KuCoin6.7730+0.207%Vest6.7730+0.207%
Gate
OKX
SoDEX
tradeXYZ
Variational Omni
Kraken Futures
Phoenix
KuCoin
VestgTrade (Gains Network)6.7730+0.207%
BloFin6.7730+0.207%QFEX6.7740+0.222%MEXC6.7740+0.222%Bitget6.7740+0.222%SunX6.7740+0.222%Extended6.7742+0.224%Pacifica6.7742+0.226%Binance6.7743+0.226%Ondo Perps6.7751+0.238%Aevo6.7752+0.239%Aster6.7753+0.241%Paradex6.7753+0.241%HTX6.7760+0.252%Phemex6.7770+0.266%Orderly6.7810+0.325%Lighter6.7849+0.383%
BloFin
QFEX
MEXC
Bitget
SunX
Extended
Pacifica
Binance
Ondo Perps
Aevo
Aster
Paradex
HTX
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 | −0.232% | 0.0000% | 8h | $1.3M | $524K | 100x | as long as short |
| OKX XCU-USDT-SWAP | −0.102% | 0.0000% | 8h | $540K | $1.1M | 50x | as long as short |
| SoDEX COPPER-USD | −0.096% | +0.0048% | 1h | $896 | $3K | 20x | as long as short |
| tradeXYZ xyz:COPPER | −0.085% | −0.0225% | 1h | $10.5M | $5.8M | 20x | as long as short |
| Variational Omni COPPER | −0.045% | 0.0000% | 4h | $749K | $1.5M | — | as long as short |
| Kraken Futures PF_XCUUSD | −0.036% | +0.0596% | 1h | $26K | $46K | 20x | as long as short |
| Phoenix COPPER | −0.026% | −0.0036% | 1h | $43K | $28K | 20x | as long as short |
| KuCoin COPPERUSDTM | −0.025% | +0.0100% | 4h | $258K | $25K | 50x | as long as short |
| Vest HG-PERP | −0.025% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| gTrade (Gains Network) HG/USDshort | −0.025% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin COPPER-USDT | −0.025% | −0.0015% | 4h | $89K | $139K | 100x | as long as short |
| QFEX COPPER-USD | −0.010% | +0.0007% | 1h | $1.5M | $95K | 20x | as long as short |
| MEXC COPPER_USDT | −0.010% | 0.0000% | 4h | $25.6M | $4.1M | 100x | as long as short |
| Bitget COPPERUSDT | −0.010% | +0.0072% | 4h | $1.6M | $1.0M | 100x | as long as short |
| SunX COPPER-USDT | −0.010% | 0.0000% | 4h | — | $7.9M | 20x | as long as short |
| Extended XCU-USD | −0.008% | +0.0032% | 1h | $238K | $2.7M | 20x | as long as short |
| Pacifica COPPER | −0.007% | +0.0100% | 1h | $25K | $11K | 10x | as long as short |
| Binance COPPERUSDT | −0.006% | 0.0000% | 4h | $9.0M | $34.3M | 100x | as long as short |
| edgeX COPPERUSDClong | 0.000% | −0.0003% | 4h | $93K | $318K | 20x | |
| Ondo Perps COPPER-USD.P | +0.006% | +0.0050% | 1h | $62K | $21K | 15x | as long as short |
| Aevo COPPER-PERP | +0.007% | +0.0104% | 1h | $310 | — | 10x | as long as short |
| Aster XCUUSDT | +0.009% | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| Paradex XCU-USD-PERP | +0.009% | +0.0050% | 8h | $1K | $3K | 5x | as long as short |
| HTX COPPER-USDT | +0.019% | 0.0000% | 4h | $60K | $28K | 75x | as long as short |
| Phemex COPPERUSDT | +0.034% | 0.0000% | 4h | $4.2M | $78K | 100x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.093% | +0.0100% | 8h | $3K | — | 10x | as long as short |
| Lighter XCU | +0.151% | +0.0032% | 1h | $474K | $44K | 20x | as long as short |