After costs, if the gap returns to its 7d average, $10k−$33
spread now+0.060%7d average−0.080%fees + slippage, in and out−$47spread needed0.470%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XCU-USD | 6.7781 | 0.0032 | pay 0.0004% / 1h | 38m 04s | $243K | $2.6M | 20x |
| Short | edgeX COPPERUSDC | 6.7821 | −0.0014 | pay 0.0007% / 4h | 38m 04s | $93K | $316K | 20x |
Extended XCU-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
- $5.95
- Funding while held
- −$1.38
- Slippage, 4 orders
- −$33.05
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$42.48
- Spread needed to break even
- 0.470%
Slippage from Extended: live order book, 2 min ago; edgeX: live order book, 12 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0046%
- Per $10,000 a day
- −$1.38
- 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, 2 min ago | 4.35 bp | 13.7 bp −$14 | 76.7 bp −$767 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 12 min ago | 7.37 bp | 13.0 bp −$13 | 24.6 bp −$246 | doesn't fit | doesn't fit |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7720cheapestOKX6.7761+0.061%tradeXYZ6.7767+0.069%SoDEX6.7767+0.069%gTrade (Gains Network)6.7770+0.073%Vest6.7777+0.084%QFEX6.7780+0.089%SunX6.7780+0.089%Kraken Futures6.7780+0.089%
Gate
OKX
tradeXYZ
SoDEX
gTrade (Gains Network)
Vest
QFEX
SunX
Kraken FuturesExtended6.7781+0.090%
Pacifica6.7781+0.090%Aevo6.7781+0.091%Binance6.7790+0.103%MEXC6.7790+0.103%Aster6.7792+0.106%Paradex6.7796+0.113%Bitget6.7800+0.118%Phemex6.7800+0.118%Variational Omni6.7819+0.146%BloFin6.7820+0.148%Ondo Perps6.7821+0.149%Phoenix6.7827+0.158%HTX6.7830+0.162%Orderly6.7860+0.207%KuCoin6.7870+0.222%Lighter6.7876+0.230%
Pacifica
Aevo
Binance
MEXC
Aster
Paradex
Bitget
Phemex
Variational Omni
BloFin
Ondo Perps
Phoenix
HTX
Orderly
KuCoin
LighterCOPPER on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XCU_USDT | −0.090% | 0.0000% | 8h | $1.3M | $516K | 100x | as long as short |
| OKX XCU-USDT-SWAP | −0.029% | 0.0000% | 8h | $523K | $1.0M | 50x | as long as short |
| tradeXYZ xyz:COPPER | −0.020% | +0.0038% | 1h | $10.4M | $5.6M | 20x | as long as short |
| SoDEX COPPER-USD | −0.020% | +0.0050% | 1h | $897 | $3K | 20x | as long as short |
| gTrade (Gains Network) HG/USD | −0.016% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
| Vest HG-PERP | −0.005% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| QFEX COPPER-USD | −0.001% | +0.0016% | 1h | $1.5M | $48K | 20x | as long as short |
| SunX COPPER-USDT | −0.001% | 0.0000% | 4h | — | $7.8M | 20x | as long as short |
| Kraken Futures PF_XCUUSD | −0.001% | +0.0431% | 1h | $26K | $195K | 20x | as long as short |
| Extended XCU-USDlong | 0.000% | +0.0032% | 1h | $243K | $2.6M | 20x |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica COPPER | 0.000% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
| Aevo COPPER-PERP | +0.001% | +0.0104% | 1h | $310 | — | 10x | as long as short |
| Binance COPPERUSDT | +0.014% | 0.0000% | 4h | $9.0M | $33.2M | 100x | as long as short |
| MEXC COPPER_USDT | +0.014% | 0.0000% | 4h | $26.0M | $4.0M | 100x | as long as short |
| Aster XCUUSDT | +0.016% | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| Paradex XCU-USD-PERP | +0.023% | +0.0051% | 8h | $1K | $3K | 5x | as long as short |
| Bitget COPPERUSDT | +0.029% | 0.0000% | 4h | $1.7M | $999K | 100x | as long as short |
| Phemex COPPERUSDT | +0.029% | 0.0000% | 4h | $4.2M | $71K | 100x | as long as short |
| Variational Omni COPPER | +0.056% | 0.0000% | 4h | $770K | $1.5M | — | as long as short |
| BloFin COPPER-USDT | +0.058% | −0.0018% | 4h | $90K | $130K | 100x | as long as short |
| Ondo Perps COPPER-USD.P | +0.060% | +0.0050% | 1h | $63K | $14K | 15x | as long as short |
| edgeX COPPERUSDCshort | +0.060% | −0.0014% | 4h | $93K | $316K | 20x | |
| Phoenix COPPER | +0.068% | +0.0130% | 1h | $43K | $28K | 20x | as long as short |
| HTX COPPER-USDT | +0.073% | 0.0000% | 4h | $60K | $29K | 75x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.117% | +0.0100% | 8h | $3K | — | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.132% | +0.0586% | 4h | $258K | $8K | 50x | as long as short |
| Lighter XCU | +0.141% | +0.0032% | 1h | $475K | $42K | 20x | as long as short |