Spread before costs (cost unknown: a leg has no order-book sample)−0.062%
7d average—if it closes, per $10,000$6funding while held, a day+$1.37
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX COPPER-USDT | 6.7650 | 0 | get 0.0000% / 4h | 2h 11m | $60K | $28K | 75x |
| Short | Vest HG-PERP | 6.7608 | 0.0046 | get 0.0006% / 1h | 11m 39s | — | $82K | 25x |
HTX COPPER-USDT
Vest HG-PERPPrice 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
- −$6.21
- Funding while held
- $1.37
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$18.84
- Spread needed to break even
- 0.140%
Slippage unknown: HTX: no order-book sample; Vest: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0046%
- Per $10,000 a day
- +$1.37
- 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 HTX no order-book sample | — | — | — | — | — |
| Sell Vest no order-book sample | — | — | — | — | — |
HTX and Vest: 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.Gate6.7510cheapesttradeXYZ6.7547+0.055%OKX6.7568+0.086%SoDEX6.7576+0.098%Ondo Perps6.7588+0.116%Phoenix6.7592+0.121%Pacifica6.7599+0.131%Extended6.7606+0.142%gTrade (Gains Network)6.7607+0.144%
Gate
tradeXYZ
OKX
SoDEX
Ondo Perps
Phoenix
Pacifica
Extended
gTrade (Gains Network)Vest6.7608+0.145%
Binance6.7610+0.148%MEXC6.7610+0.148%KuCoin6.7610+0.148%Kraken Futures6.7615+0.156%Bitget6.7620+0.163%SunX6.7620+0.163%Aster6.7621+0.164%Paradex6.7621+0.165%Aevo6.7629+0.177%QFEX6.7630+0.178%BloFin6.7630+0.178%edgeX6.7641+0.194%Variational Omni6.7641+0.194%
Binance
MEXC
KuCoin
Kraken Futures
Bitget
SunX
Aster
Paradex
Aevo
QFEX
BloFin
Variational OmniHTX6.7650+0.207%
Orderly6.7700+0.281%Lighter6.7715+0.304%Phemex6.7750+0.356%
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 | −0.207% | 0.0000% | 8h | $1.3M | $525K | 100x | as long as short |
| tradeXYZ xyz:COPPER | −0.152% | −0.0180% | 1h | $10.5M | $5.7M | 20x | as long as short |
| OKX XCU-USDT-SWAP | −0.121% | 0.0000% | 8h | $539K | $1.1M | 50x | as long as short |
| SoDEX COPPER-USD | −0.109% | +0.0050% | 1h | $895 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | −0.092% | +0.0050% | 1h | $62K | $21K | 15x | as long as short |
| Phoenix COPPER | −0.086% | +0.0106% | 1h | $43K | $28K | 20x | as long as short |
| Pacifica COPPER | −0.076% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
| Extended XCU-USD | −0.066% | +0.0032% | 1h | $258K | $2.7M | 20x | as long as short |
| gTrade (Gains Network) HG/USD | −0.063% | L +0.0002% / S −0.0001% | 1h | $175K | — | 250x | as long as short |
| Vest HG-PERPshort | −0.062% | +0.0046% | 1h | — | $82K | 25x |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance COPPERUSDT | −0.059% | 0.0000% | 4h | $9.0M | $34.2M | 100x | as long as short |
| MEXC COPPER_USDT | −0.059% | 0.0000% | 4h | $25.3M | $4.1M | 100x | as long as short |
| KuCoin COPPERUSDTM | −0.059% | +0.0100% | 4h | $257K | $25K | 50x | as long as short |
| Kraken Futures PF_XCUUSD | −0.051% | +0.0390% | 1h | $26K | $55K | 20x | as long as short |
| Bitget COPPERUSDT | −0.044% | +0.0090% | 4h | $1.6M | $1.0M | 100x | as long as short |
| SunX COPPER-USDT | −0.044% | 0.0000% | 4h | — | $7.9M | 20x | as long as short |
| Aster XCUUSDT | −0.043% | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| Paradex XCU-USD-PERP | −0.042% | +0.0051% | 8h | $1K | $3K | 5x | as long as short |
| Aevo COPPER-PERP | −0.031% | +0.0104% | 1h | $309 | — | 10x | as long as short |
| QFEX COPPER-USD | −0.030% | +0.0043% | 1h | $1.5M | $94K | 20x | as long as short |
| BloFin COPPER-USDT | −0.030% | +0.0016% | 4h | $89K | $139K | 100x | as long as short |
| edgeX COPPERUSDC | −0.014% | −0.0017% | 4h | $92K | $319K | 20x | as long as short |
| Variational Omni COPPER | −0.014% | 0.0000% | 4h | $747K | $1.5M | — | as long as short |
| HTX COPPER-USDTlong | 0.000% | 0.0000% | 4h | $60K | $28K | 75x | |
| Orderly PERP_COPPER_USDC_mythos | +0.074% | +0.0100% | 8h | $3K | — | 10x | as long as short |
| Lighter XCU | +0.096% | +0.0056% | 1h | $473K | $44K | 20x | as long as short |
| Phemex COPPERUSDT | +0.148% | 0.0000% | 4h | $4.2M | $77K | 100x | as long as short |