After costs, if the gap returns to its 7d average, $10k−$45
spread now−0.147%7d average−0.172%fees + slippage, in and out−$47spread needed0.470%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XCU | 6.7830 | 0.0032 | pay 0.0004% / 1h | 52m 57s | $475K | $42K | 20x |
| Short | Bitget COPPERUSDT | 6.7730 | 0 | get 0.0000% / 4h | 3h 52m | $1.7M | $1.0M | 100x |
Lighter XCU
Bitget COPPERUSDTPrice 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
- −$14.74
- Funding while held
- −$0.96
- Slippage, 4 orders
- −$35
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$62.7
- Spread needed to break even
- 0.470%
Slippage from Lighter: live order book, 49 min ago; Bitget: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0032%
- Per $10,000 a day
- −$0.96
- 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 Lighter live order book, 49 min ago | 2.80 bp | 12.2 bp −$12 | 36.3 bp −$363 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 0.74 bp | 13.1 bp −$13 | 30.9 bp −$309 | 85.2 bp −$8,522 | doesn't fit |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7660cheapestHTX6.7680+0.030%OKX6.7718+0.086%Phoenix6.7721+0.090%tradeXYZ6.7722+0.092%SoDEX6.7723+0.093%Kraken Futures6.7724+0.094%Variational Omni6.7725+0.096%gTrade (Gains Network)6.7726+0.098%Extended6.7729+0.102%KuCoin6.7730+0.103%
Gate
HTX
OKX
Phoenix
tradeXYZ
SoDEX
Kraken Futures
Variational Omni
gTrade (Gains Network)
Extended
KuCoinBitget6.7730+0.103%
Vest6.7732+0.106%edgeX6.7738+0.115%Ondo Perps6.7738+0.115%QFEX6.7740+0.118%MEXC6.7740+0.118%BloFin6.7740+0.118%Aevo6.7742+0.122%Pacifica6.7744+0.125%Aster6.7744+0.125%Binance6.7747+0.129%SunX6.7750+0.133%Paradex6.7758+0.144%Phemex6.7770+0.163%Orderly6.7810+0.222%
Vest
Ondo Perps
QFEX
MEXC
BloFin
Aevo
Pacifica
Aster
Binance
SunX
Paradex
Phemex
OrderlyLighter6.7830+0.251%
COPPER on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XCU_USDT | −0.251% | 0.0000% | 8h | $1.3M | $516K | 100x | as long as short |
| HTX COPPER-USDT | −0.221% | 0.0000% | 4h | $60K | $29K | 75x | as long as short |
| OKX XCU-USDT-SWAP | −0.165% | 0.0000% | 8h | $542K | $1.1M | 50x | as long as short |
| Phoenix COPPER | −0.161% | +0.0059% | 1h | $43K | $28K | 20x | as long as short |
| tradeXYZ xyz:COPPER | −0.159% | +0.0042% | 1h | $10.4M | $5.6M | 20x | as long as short |
| SoDEX COPPER-USD | −0.158% | +0.0050% | 1h | $897 | $3K | 20x | as long as short |
| Kraken Futures PF_XCUUSD | −0.156% | +0.0189% | 1h | $26K | $158K | 20x | as long as short |
| Variational Omni COPPER | −0.155% | 0.0000% | 4h | $761K | $1.5M | — | as long as short |
| gTrade (Gains Network) HG/USD | −0.153% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
| Extended XCU-USD | −0.149% | +0.0032% | 1h | $261K | $2.8M | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin COPPERUSDTM | −0.147% | +0.0368% | 4h | $257K | $25K | 50x | as long as short |
| Bitget COPPERUSDTshort | −0.147% | 0.0000% | 4h | $1.7M | $1.0M | 100x | |
| Vest HG-PERP | −0.144% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| edgeX COPPERUSDC | −0.136% | −0.0004% | 4h | $93K | $316K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | −0.136% | +0.0050% | 1h | $63K | $14K | 15x | as long as short |
| QFEX COPPER-USD | −0.133% | +0.0011% | 1h | $1.5M | $48K | 20x | as long as short |
| MEXC COPPER_USDT | −0.133% | 0.0000% | 4h | $25.9M | $4.0M | 100x | as long as short |
| BloFin COPPER-USDT | −0.133% | −0.0003% | 4h | $89K | $132K | 100x | as long as short |
| Aevo COPPER-PERP | −0.129% | +0.0104% | 1h | $310 | — | 10x | as long as short |
| Pacifica COPPER | −0.126% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
| Aster XCUUSDT | −0.126% | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| Binance COPPERUSDT | −0.122% | 0.0000% | 4h | $9.0M | $33.6M | 100x | as long as short |
| SunX COPPER-USDT | −0.118% | 0.0000% | 4h | — | $7.9M | 20x | as long as short |
| Paradex XCU-USD-PERP | −0.107% | +0.0050% | 8h | $1K | $3K | 5x | as long as short |
| Phemex COPPERUSDT | −0.088% | 0.0000% | 4h | $4.2M | $72K | 100x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | −0.029% | +0.0100% | 8h | $3K | — | 10x | as long as short |
| Lighter XCUlong | 0.000% | +0.0032% | 1h | $475K | $42K | 20x |