After costs, if the gap returns to its 7d average, $10k−$17
spread now+0.070%7d average−0.056%fees + slippage, in and out−$30spread needed0.300%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XCU-USD | 6.7652 | 0.0032 | pay 0.0004% / 1h | 50m 43s | $258K | $2.7M | 20x |
| Short | BloFin COPPER-USDT | 6.7700 | −0.0050 | pay 0.0025% / 4h | 2h 50m | $89K | $134K | 100x |
Extended XCU-USD
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
- $7.04
- Funding while held
- −$2.45
- Slippage, 4 orders
- −$12.97
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$25.38
- Spread needed to break even
- 0.300%
Slippage from Extended: live order book, 4 min ago; BloFin: live order book, 42 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0082%
- Per $10,000 a day
- −$2.45
- 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 Extended live order book, 4 min ago | 0.37 bp | 11.7 bp −$12 | 61.0 bp −$610 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 42 min ago | 0.74 bp | 6.7 bp −$7 | 6.8 bp −$68 | 33.1 bp −$3,308 | doesn't fit |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7540cheapesttradeXYZ6.7609+0.102%Phoenix6.7613+0.108%OKX6.7626+0.127%SoDEX6.7628+0.130%Ondo Perps6.7648+0.160%Vest6.7649+0.161%
Gate
tradeXYZ
Phoenix
OKX
SoDEX
Ondo Perps
VestExtended6.7652+0.166%
gTrade (Gains Network)6.7656+0.171%Kraken Futures6.7658+0.174%Pacifica6.7662+0.180%Variational Omni6.7668+0.190%Aster6.7670+0.192%HTX6.7670+0.192%edgeX6.7671+0.193%QFEX6.7680+0.207%Paradex6.7684+0.212%Binance6.7690+0.222%MEXC6.7690+0.222%Bitget6.7690+0.222%SunX6.7690+0.222%Aevo6.7692+0.225%KuCoin6.7700+0.237%
gTrade (Gains Network)
Kraken Futures
Pacifica
Variational Omni
Aster
HTX
QFEX
Paradex
Binance
MEXC
Bitget
SunX
Aevo
KuCoinBloFin6.7700+0.237%
Orderly6.7740+0.296%Lighter6.7751+0.312%Phemex6.7770+0.341%
Orderly
Lighter
PhemexCOPPER on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XCU_USDT | −0.166% | 0.0000% | 8h | $1.3M | $518K | 100x | as long as short |
| tradeXYZ xyz:COPPER | −0.064% | −0.0158% | 1h | $10.5M | $5.7M | 20x | as long as short |
| Phoenix COPPER | −0.058% | +0.0106% | 1h | $43K | $28K | 20x | as long as short |
| OKX XCU-USDT-SWAP | −0.039% | 0.0000% | 8h | $539K | $1.1M | 50x | as long as short |
| SoDEX COPPER-USD | −0.036% | +0.0050% | 1h | $896 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | −0.006% | +0.0050% | 1h | $62K | $21K | 15x | as long as short |
| Vest HG-PERP | −0.005% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| Extended XCU-USDlong | 0.000% | +0.0032% | 1h | $258K | $2.7M | 20x | |
| gTrade (Gains Network) HG/USD | +0.005% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
| Kraken Futures PF_XCUUSD | +0.008% | +0.0390% | 1h | $26K | $65K | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica COPPER | +0.014% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
| Variational Omni COPPER | +0.023% | 0.0000% | 4h | $747K | $1.5M | — | as long as short |
| Aster XCUUSDT | +0.026% | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| HTX COPPER-USDT | +0.026% | 0.0000% | 4h | $60K | $28K | 75x | as long as short |
| edgeX COPPERUSDC | +0.027% | −0.0007% | 4h | $93K | $317K | 20x | as long as short |
| QFEX COPPER-USD | +0.041% | +0.0043% | 1h | $1.5M | $94K | 20x | as long as short |
| Paradex XCU-USD-PERP | +0.046% | +0.0051% | 8h | $1K | $3K | 5x | as long as short |
| Binance COPPERUSDT | +0.056% | 0.0000% | 4h | $9.0M | $34.0M | 100x | as long as short |
| MEXC COPPER_USDT | +0.056% | 0.0000% | 4h | $25.6M | $4.0M | 100x | as long as short |
| Bitget COPPERUSDT | +0.056% | +0.0082% | 4h | $1.6M | $1.0M | 100x | as long as short |
| SunX COPPER-USDT | +0.056% | 0.0000% | 4h | — | $7.9M | 20x | as long as short |
| Aevo COPPER-PERP | +0.058% | +0.0104% | 1h | $309 | — | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.070% | +0.0100% | 4h | $257K | $25K | 50x | as long as short |
| BloFin COPPER-USDTshort | +0.070% | −0.0050% | 4h | $89K | $134K | 100x | |
| Orderly PERP_COPPER_USDC_mythos | +0.130% | +0.0100% | 8h | $3K | — | 10x | as long as short |
| Lighter XCU | +0.146% | +0.0144% | 1h | $473K | $43K | 20x | as long as short |
| Phemex COPPERUSDT | +0.174% | 0.0000% | 4h | $4.2M | $75K | 100x | as long as short |