Spread before costs (cost unknown: a leg has no order-book sample)+0.015%
7d average—if it closes, per $10,000$1funding while held, a day−$0.36
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XCU | 6.8040 | 0.0112 | pay 0.0014% / 1h | 28m 36s | $476K | $38K | 20x |
| Short | Orderly PERP_COPPER_USDC_mythos | 6.8050 | 0.0100 | get 0.0100% / 8h | 1h 28m | $3K | — | 10x |
Lighter XCU
Orderly PERP_COPPER_USDC_mythosPrice 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
- $1.47
- Funding while held
- −$0.36
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$4.89
- Spread needed to break even
- 0.060%
Slippage unknown: Lighter: live order book, 18 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0012%
- Per $10,000 a day
- −$0.36
- 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, 18 min ago | 4.19 bp | 17.6 bp −$18 | 31.6 bp −$316 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.Gate6.7840cheapestOKX6.7895+0.081%tradeXYZ6.7897+0.084%Ondo Perps6.7920+0.118%Extended6.7922+0.121%gTrade (Gains Network)6.7926+0.127%SoDEX6.7932+0.136%Pacifica6.7936+0.142%Paradex6.7937+0.142%Vest6.7938+0.144%Aster6.7949+0.160%Variational Omni6.7949+0.161%QFEX6.7950+0.162%edgeX6.7953+0.167%MEXC6.7960+0.177%BloFin6.7960+0.177%Aevo6.7966+0.186%Binance6.7970+0.191%Bitget6.7970+0.192%Kraken Futures6.7973+0.196%SunX6.7980+0.206%Phoenix6.7983+0.211%HTX6.8030+0.280%
Gate
OKX
tradeXYZ
Ondo Perps
Extended
gTrade (Gains Network)
SoDEX
Pacifica
Paradex
Vest
Aster
Variational Omni
QFEX
MEXC
BloFin
Aevo
Binance
Bitget
Kraken Futures
SunX
Phoenix
HTXLighter6.8040+0.295%
Orderly6.8050+0.310%
KuCoin6.8080+0.354%Phemex6.8150+0.457%
KuCoin
PhemexCOPPER on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XCU_USDT | −0.294% | 0.0000% | 8h | $1.3M | $508K | 100x | as long as short |
| OKX XCU-USDT-SWAP | −0.213% | 0.0000% | 8h | $535K | $990K | 50x | as long as short |
| tradeXYZ xyz:COPPER | −0.210% | +0.0050% | 1h | $10.5M | $5.5M | 20x | as long as short |
| Ondo Perps COPPER-USD.P | −0.176% | +0.0050% | 1h | $62K | $13K | 15x | as long as short |
| Extended XCU-USD | −0.174% | +0.0088% | 1h | $337K | $2.3M | 20x | as long as short |
| gTrade (Gains Network) HG/USD | −0.168% | L +0.0002% / S −0.0001% | 1h | $306K | — | 250x | as long as short |
| SoDEX COPPER-USD | −0.159% | +0.0050% | 1h | $900 | $3K | 20x | as long as short |
| Pacifica COPPER | −0.153% | +0.0100% | 1h | $25K | $9K | 10x | as long as short |
| Paradex XCU-USD-PERP | −0.152% | +0.0053% | 8h | $1K | $3K | 5x | as long as short |
| Vest HG-PERP | −0.150% | +0.0046% | 1h | — | $82K | 25x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster XCUUSDT | −0.134% | 0.0000% | 4h | $33K | $51K | 50x | as long as short |
| Variational Omni COPPER | −0.134% | 0.0000% | 4h | $806K | $1.4M | — | as long as short |
| QFEX COPPER-USD | −0.132% | +0.0019% | 1h | $1.5M | $48K | 20x | as long as short |
| edgeX COPPERUSDC | −0.128% | −0.0017% | 4h | $93K | $317K | 20x | as long as short |
| MEXC COPPER_USDT | −0.118% | 0.0000% | 4h | $26.2M | $3.9M | 100x | as long as short |
| BloFin COPPER-USDT | −0.118% | +0.0030% | 4h | $89K | $125K | 100x | as long as short |
| Aevo COPPER-PERP | −0.109% | +0.0104% | 1h | $311 | — | 10x | as long as short |
| Binance COPPERUSDT | −0.103% | 0.0000% | 4h | $9.2M | $31.9M | 100x | as long as short |
| Bitget COPPERUSDT | −0.103% | 0.0000% | 4h | $1.7M | $972K | 100x | as long as short |
| Kraken Futures PF_XCUUSD | −0.099% | +0.1447% | 1h | $26K | $206K | 20x | as long as short |
| SunX COPPER-USDT | −0.088% | 0.0000% | 4h | — | $7.2M | 20x | as long as short |
| Phoenix COPPER | −0.084% | +0.0153% | 1h | $43K | $28K | 20x | as long as short |
| HTX COPPER-USDT | −0.015% | 0.0000% | 4h | $60K | $29K | 75x | as long as short |
| Lighter XCUlong | 0.000% | +0.0112% | 1h | $476K | $38K | 20x | |
| Orderly PERP_COPPER_USDC_mythosshort | +0.015% | +0.0100% | 8h | $3K | — | 10x | |
| KuCoin COPPERUSDTM | +0.059% | +0.0462% | 4h | $261K | $8K | 50x | as long as short |
| Phemex COPPERUSDT | +0.162% | 0.0000% | 4h | $4.2M | $67K | 100x | as long as short |