After costs, if the gap returns to its 7d average, $10k−$74
spread now−0.232%7d average+0.040%fees + slippage, in and out−$47spread needed0.471%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX COPPERUSDC | 6.7951 | −0.0016 | get 0.0008% / 4h | 1h 22m | $93K | $316K | 20x |
| Short | tradeXYZ xyz:COPPER | 6.7793 | 0.0050 | get 0.0006% / 1h | 22m 25s | $10.5M | $5.5M | 20x |
tradeXYZ xyz:COPPERPrice 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
- −$23.23
- Funding while held
- $1.99
- Slippage, 4 orders
- −$20.11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$68.36
- Spread needed to break even
- 0.471%
Slippage from edgeX: live order book, 32 min ago; tradeXYZ: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0066%
- Per $10,000 a day
- +$1.99
- 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, 32 min ago | 7.36 bp | 12.7 bp −$13 | 24.4 bp −$244 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 7 min ago | 0.59 bp | 11.2 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7740cheapestgTrade (Gains Network)6.7793+0.078%
Gate
gTrade (Gains Network)tradeXYZ6.7793+0.078%
OKX6.7800+0.089%Extended6.7802+0.091%Vest6.7812+0.106%Paradex6.7826+0.126%Aevo6.7826+0.127%MEXC6.7830+0.133%Aster6.7832+0.135%Pacifica6.7832+0.136%Binance6.7840+0.148%QFEX6.7840+0.148%Bitget6.7850+0.162%SoDEX6.7864+0.183%Orderly6.7880+0.207%Ondo Perps6.7909+0.249%SunX6.7910+0.251%Kraken Futures6.7912+0.254%Lighter6.7927+0.276%BloFin6.7960+0.325%Phoenix6.7962+0.328%Variational Omni6.7968+0.337%KuCoin6.7970+0.340%HTX6.7990+0.369%Phemex6.8090+0.517%
OKX
Extended
Vest
Paradex
Aevo
MEXC
Aster
Pacifica
Binance
QFEX
Bitget
SoDEX
Orderly
Ondo Perps
SunX
Kraken Futures
Lighter
BloFin
Phoenix
Variational Omni
KuCoin
HTX
PhemexCOPPER on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XCU_USDT | −0.310% | 0.0000% | 8h | $1.3M | $508K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | −0.233% | L +0.0002% / S −0.0001% | 1h | $305K | — | 250x | as long as short |
| tradeXYZ xyz:COPPERshort | −0.232% | +0.0050% | 1h | $10.5M | $5.5M | 20x | |
| OKX XCU-USDT-SWAP | −0.222% | 0.0000% | 8h | $533K | $990K | 50x | as long as short |
| Extended XCU-USD | −0.220% | +0.0032% | 1h | $334K | $2.3M | 20x | as long as short |
| Vest HG-PERP | −0.204% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| Paradex XCU-USD-PERP | −0.184% | +0.0052% | 8h | $1K | $3K | 5x | as long as short |
| Aevo COPPER-PERP | −0.184% | +0.0104% | 1h | $310 | — | 10x | as long as short |
| MEXC COPPER_USDT | −0.178% | 0.0000% | 4h | $26.1M | $3.9M | 100x | as long as short |
| Aster XCUUSDT | −0.176% | 0.0000% | 4h | $33K | $51K | 50x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica COPPER | −0.175% | +0.0100% | 1h | $25K | $9K | 10x | as long as short |
| Binance COPPERUSDT | −0.163% | 0.0000% | 4h | $9.2M | $32.1M | 100x | as long as short |
| QFEX COPPER-USD | −0.163% | +0.0019% | 1h | $1.5M | $48K | 20x | as long as short |
| Bitget COPPERUSDT | −0.148% | 0.0000% | 4h | $1.7M | $976K | 100x | as long as short |
| SoDEX COPPER-USD | −0.128% | +0.0050% | 1h | $899 | $3K | 20x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | −0.104% | +0.0100% | 8h | $3K | — | 10x | as long as short |
| Ondo Perps COPPER-USD.P | −0.062% | +0.0050% | 1h | $62K | $13K | 15x | as long as short |
| SunX COPPER-USDT | −0.060% | 0.0000% | 4h | — | $7.3M | 20x | as long as short |
| Kraken Futures PF_XCUUSD | −0.057% | +0.1449% | 1h | $26K | $206K | 20x | as long as short |
| Lighter XCU | −0.035% | +0.0096% | 1h | $475K | $39K | 20x | as long as short |
| edgeX COPPERUSDClong | 0.000% | −0.0016% | 4h | $93K | $316K | 20x | |
| BloFin COPPER-USDT | +0.013% | −0.0038% | 4h | $89K | $126K | 100x | as long as short |
| Phoenix COPPER | +0.016% | +0.0153% | 1h | $43K | $28K | 20x | as long as short |
| Variational Omni COPPER | +0.026% | 0.0000% | 4h | $806K | $1.4M | — | as long as short |
| KuCoin COPPERUSDTM | +0.028% | +0.0522% | 4h | $258K | $8K | 50x | as long as short |
| HTX COPPER-USDT | +0.058% | 0.0000% | 4h | $60K | $29K | 75x | as long as short |
| Phemex COPPERUSDT | +0.205% | 0.0000% | 4h | $4.2M | $67K | 100x | as long as short |