After costs, if the gap returns to its 7d average, $10k−$35
spread now−0.063%7d average+0.014%fees + slippage, in and out−$28spread needed0.276%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX COPPERUSDC | 6.7703 | −0.0007 | get 0.0003% / 4h | 2h 45m | $93K | $318K | 20x |
| Short | MEXC COPPER_USDT | 6.7660 | 0 | get 0.0000% / 4h | 2h 45m | $25.6M | $4.0M | 100x |
MEXC 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
- −$6.29
- Funding while held
- $0.2
- Slippage, 4 orders
- −$18.6
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$33.69
- Spread needed to break even
- 0.276%
Slippage from edgeX: live order book, 59 min ago; MEXC: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0007%
- Per $10,000 a day
- +$0.20
- 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, 59 min ago | 7.37 bp | 13.1 bp −$13 | 25.1 bp −$251 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.74 bp | 0.7 bp −$1 | 0.7 bp −$7 | 6.8 bp −$684 | 259.9 bp −$129.9K |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7540cheapesttradeXYZ6.7573+0.049%OKX6.7595+0.081%SoDEX6.7599+0.087%Extended6.7618+0.115%Pacifica6.7621+0.119%gTrade (Gains Network)6.7622+0.121%Vest6.7623+0.123%Kraken Futures6.7631+0.135%Phoenix6.7632+0.136%QFEX6.7640+0.148%Paradex6.7645+0.155%Binance6.7650+0.163%KuCoin6.7650+0.163%Aevo6.7659+0.176%
Gate
tradeXYZ
OKX
SoDEX
Extended
Pacifica
gTrade (Gains Network)
Vest
Kraken Futures
Phoenix
QFEX
Paradex
Binance
KuCoin
AevoMEXC6.7660+0.178%
SunX6.7660+0.178%Aster6.7662+0.180%Variational Omni6.7667+0.189%Bitget6.7670+0.192%Ondo Perps6.7672+0.195%HTX6.7700+0.237%BloFin6.7710+0.252%Lighter6.7727+0.277%Orderly6.7730+0.281%Phemex6.7750+0.311%
SunX
Aster
Variational Omni
Bitget
Ondo Perps
HTX
BloFin
Lighter
Orderly
PhemexCOPPER on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XCU_USDT | −0.240% | 0.0000% | 8h | $1.3M | $518K | 100x | as long as short |
| tradeXYZ xyz:COPPER | −0.191% | −0.0190% | 1h | $10.5M | $5.7M | 20x | as long as short |
| OKX XCU-USDT-SWAP | −0.159% | 0.0000% | 8h | $539K | $1.1M | 50x | as long as short |
| SoDEX COPPER-USD | −0.153% | +0.0050% | 1h | $895 | $3K | 20x | as long as short |
| Extended XCU-USD | −0.125% | +0.0032% | 1h | $258K | $2.7M | 20x | as long as short |
| Pacifica COPPER | −0.121% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
| gTrade (Gains Network) HG/USD | −0.120% | L +0.0002% / S −0.0001% | 1h | $175K | — | 250x | as long as short |
| Vest HG-PERP | −0.118% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| Kraken Futures PF_XCUUSD | −0.105% | +0.0390% | 1h | $26K | $55K | 20x | as long as short |
| Phoenix COPPER | −0.104% | +0.0106% | 1h | $43K | $28K | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| QFEX COPPER-USD | −0.092% | +0.0043% | 1h | $1.5M | $94K | 20x | as long as short |
| Paradex XCU-USD-PERP | −0.086% | +0.0051% | 8h | $1K | $3K | 5x | as long as short |
| Binance COPPERUSDT | −0.078% | 0.0000% | 4h | $9.0M | $34.0M | 100x | as long as short |
| KuCoin COPPERUSDTM | −0.078% | +0.0100% | 4h | $257K | $25K | 50x | as long as short |
| Aevo COPPER-PERP | −0.064% | +0.0104% | 1h | $309 | — | 10x | as long as short |
| MEXC COPPER_USDTshort | −0.063% | 0.0000% | 4h | $25.6M | $4.0M | 100x | |
| SunX COPPER-USDT | −0.063% | 0.0000% | 4h | — | $7.9M | 20x | as long as short |
| Aster XCUUSDT | −0.060% | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| Variational Omni COPPER | −0.052% | 0.0000% | 4h | $749K | $1.5M | — | as long as short |
| Bitget COPPERUSDT | −0.048% | +0.0094% | 4h | $1.6M | $1.0M | 100x | as long as short |
| Ondo Perps COPPER-USD.P | −0.045% | +0.0050% | 1h | $62K | $21K | 15x | as long as short |
| HTX COPPER-USDT | −0.004% | 0.0000% | 4h | $60K | $28K | 75x | as long as short |
| edgeX COPPERUSDClong | 0.000% | −0.0007% | 4h | $93K | $318K | 20x | |
| BloFin COPPER-USDT | +0.011% | +0.0019% | 4h | $89K | $134K | 100x | as long as short |
| Lighter XCU | +0.036% | +0.0152% | 1h | $473K | $43K | 20x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.040% | +0.0100% | 8h | $3K | — | 10x | as long as short |
| Phemex COPPERUSDT | +0.070% | 0.0000% | 4h | $4.2M | $75K | 100x | as long as short |