Spread before costs (cost unknown: a leg has no order-book sample)+0.084%
7d average—if it closes, per $10,000$8funding while held, a day+$1.46
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) HG/USD | 6.7606 | L +0.0002% / S −0.0001% | pay 0.0000% / 1h | 27m 02s | $175K | — | 250x |
| Short | Ondo Perps COPPER-USD.P | 6.7662 | 0.0050 | get 0.0006% / 1h | 27m 02s | $62K | $21K | 15x |
gTrade (Gains Network) HG/USD
Ondo Perps COPPER-USD.PPrice 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
- $8.36
- Funding while held
- $1.46
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$5.19
- Spread needed to break even
- 0.150%
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 53 min ago; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0049%
- Per $10,000 a day
- +$1.46
- 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 gTrade (Gains Network) virtual book (oracle venue), 53 min ago | 130.00 bp | 229.7 bp −$230 | 1613.4 bp −$16.1K | 13153.3 bp −$1.32M | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7520cheapesttradeXYZ6.7571+0.076%SoDEX6.7577+0.084%Extended6.7603+0.124%Vest6.7605+0.126%
Gate
tradeXYZ
SoDEX
Extended
VestgTrade (Gains Network)6.7606+0.127%
OKX6.7606+0.127%KuCoin6.7610+0.133%Pacifica6.7615+0.141%Bitget6.7620+0.148%Aevo6.7625+0.155%Aster6.7627+0.158%QFEX6.7630+0.163%MEXC6.7630+0.163%SunX6.7630+0.163%Binance6.7633+0.168%Phoenix6.7635+0.170%Paradex6.7638+0.175%Variational Omni6.7639+0.176%Kraken Futures6.7658+0.204%edgeX6.7662+0.210%
OKX
KuCoin
Pacifica
Bitget
Aevo
Aster
QFEX
MEXC
SunX
Binance
Phoenix
Paradex
Variational Omni
Kraken FuturesOndo Perps6.7662+0.210%
BloFin6.7670+0.222%Orderly6.7680+0.237%HTX6.7680+0.237%Lighter6.7712+0.284%Phemex6.7760+0.355%
BloFin
Orderly
HTX
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 | −0.126% | 0.0000% | 8h | $1.3M | $519K | 100x | as long as short |
| tradeXYZ xyz:COPPER | −0.051% | −0.0181% | 1h | $10.5M | $5.7M | 20x | as long as short |
| SoDEX COPPER-USD | −0.042% | +0.0050% | 1h | $895 | $3K | 20x | as long as short |
| Extended XCU-USD | −0.003% | +0.0032% | 1h | $258K | $2.7M | 20x | as long as short |
| Vest HG-PERP | −0.001% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| gTrade (Gains Network) HG/USDlong | 0.000% | L +0.0002% / S −0.0001% | 1h | $175K | — | 250x | |
| OKX XCU-USDT-SWAP | +0.001% | 0.0000% | 8h | $539K | $1.1M | 50x | as long as short |
| KuCoin COPPERUSDTM | +0.007% | +0.0100% | 4h | $257K | $25K | 50x | as long as short |
| Pacifica COPPER | +0.014% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
| Bitget COPPERUSDT | +0.021% | +0.0092% | 4h | $1.6M | $1.0M | 100x | as long as short |