Spread before costs (cost unknown: a leg has no order-book sample)+0.165%
7d average—if it closes, per $10,000$16funding while held, a day+$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XCU_USDT | 6.7670 | 0 | get 0.0000% / 8h | 5h 34m | $1.3M | $524K | 100x |
| Short | Pacifica COPPER | 6.7782 | 0.0100 | get 0.0013% / 1h | 34m 36s | $25K | $11K | 10x |
Gate XCU_USDT
Pacifica 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
- $16.49
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$3.51
- Spread needed to break even
- 0.230%
Slippage unknown: Gate: live order book, 4 min ago; Pacifica: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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 Gate live order book, 4 min ago | 3.69 bp | 26.7 bp −$27 | 122.8 bp −$1,228 | doesn't fit | doesn't fit |
| Sell Pacifica no order-book sample | — | — | — | — | — |
Pacifica: 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.Gate6.7670cheapest
OKX6.7721+0.075%SoDEX6.7740+0.103%tradeXYZ6.7746+0.112%Kraken Futures6.7754+0.124%Ondo Perps6.7766+0.142%Vest6.7769+0.146%Extended6.7771+0.149%gTrade (Gains Network)6.7773+0.152%Phoenix6.7775+0.155%QFEX6.7780+0.163%MEXC6.7780+0.163%KuCoin6.7780+0.163%Bitget6.7780+0.163%BloFin6.7780+0.163%edgeX6.7780+0.163%
OKX
SoDEX
tradeXYZ
Kraken Futures
Ondo Perps
Vest
Extended
gTrade (Gains Network)
Phoenix
QFEX
MEXC
KuCoin
Bitget
BloFinPacifica6.7782+0.165%
Aster6.7785+0.171%Variational Omni6.7787+0.173%Aevo6.7789+0.177%SunX6.7790+0.177%Phemex6.7790+0.177%Binance6.7791+0.179%Paradex6.7793+0.182%HTX6.7810+0.207%Orderly6.7860+0.281%Lighter6.7880+0.310%
Aster
Variational Omni
Aevo
SunX
Phemex
Binance
Paradex
HTX
Orderly
LighterCOPPER on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XCU_USDTlong | 0.000% | 0.0000% | 8h | $1.3M | $524K | 100x | |
| OKX XCU-USDT-SWAP | +0.075% | 0.0000% | 8h | $540K | $1.1M | 50x | as long as short |
| SoDEX COPPER-USD | +0.103% | +0.0050% | 1h | $897 | $3K | 20x | as long as short |
| tradeXYZ xyz:COPPER | +0.112% | −0.0165% | 1h | $10.5M | $5.8M | 20x | as long as short |
| Kraken Futures PF_XCUUSD | +0.124% | +0.0596% | 1h | $26K | $46K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.142% | +0.0050% | 1h | $62K | $21K | 15x | as long as short |
| Vest HG-PERP | +0.146% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| Extended XCU-USD | +0.149% | +0.0032% | 1h | $262K | $2.8M | 20x | as long as short |
| gTrade (Gains Network) HG/USD | +0.152% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
| Phoenix COPPER | +0.155% | −0.0036% | 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 | +0.163% | +0.0007% | 1h | $1.5M | $91K | 20x | as long as short |
| MEXC COPPER_USDT | +0.163% | 0.0000% | 4h | $25.6M | $4.1M | 100x | as long as short |
| KuCoin COPPERUSDTM | +0.163% | +0.0100% | 4h | $258K | $25K | 50x | as long as short |
| Bitget COPPERUSDT | +0.163% | +0.0058% | 4h | $1.6M | $1.0M | 100x | as long as short |
| BloFin COPPER-USDT | +0.163% | −0.0030% | 4h | $89K | $140K | 100x | as long as short |
| edgeX COPPERUSDC | +0.163% | −0.0012% | 4h | $93K | $317K | 20x | as long as short |
| Pacifica COPPERshort | +0.165% | +0.0100% | 1h | $25K | $11K | 10x | |
| Aster XCUUSDT | +0.171% | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| Variational Omni COPPER | +0.173% | 0.0000% | 4h | $765K | $1.5M | — | as long as short |
| Aevo COPPER-PERP | +0.177% | +0.0104% | 1h | $310 | — | 10x | as long as short |
| SunX COPPER-USDT | +0.177% | 0.0000% | 4h | — | $7.9M | 20x | as long as short |
| Phemex COPPERUSDT | +0.177% | 0.0000% | 4h | $4.2M | $78K | 100x | as long as short |
| Binance COPPERUSDT | +0.179% | 0.0000% | 4h | $9.0M | $34.4M | 100x | as long as short |
| Paradex XCU-USD-PERP | +0.182% | +0.0050% | 8h | $1K | $3K | 5x | as long as short |
| HTX COPPER-USDT | +0.207% | 0.0000% | 4h | $60K | $28K | 75x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.281% | +0.0100% | 8h | $3K | — | 10x | as long as short |
| Lighter XCU | +0.310% | +0.0032% | 1h | $474K | $44K | 20x | as long as short |