Spread before costs (cost unknown: a leg has no order-book sample)−0.028%
7d average—if it closes, per $10,000$3funding while held, a day+$1.37
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC COPPER_USDT | 6.7770 | 0 | get 0.0000% / 4h | 1h 18m | $25.5M | $4.1M | 100x |
| Short | Vest HG-PERP | 6.7751 | 0.0046 | get 0.0006% / 1h | 18m 14s | — | $82K | 25x |
MEXC 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
- −$2.8
- Funding while held
- $1.37
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$3.43
- Spread needed to break even
- 0.020%
Slippage unknown: MEXC: live order book, 2 min ago; 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 MEXC live order book, 2 min ago | 0.74 bp | 0.7 bp −$1 | 2.4 bp −$24 | 7.2 bp −$720 | 191.9 bp −$96.0K |
| Sell Vest no order-book sample | — | — | — | — | — |
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.Gate6.7650cheapestOKX6.7691+0.061%tradeXYZ6.7750+0.148%
Gate
OKX
tradeXYZVest6.7751+0.149%
SoDEX6.7751+0.149%gTrade (Gains Network)6.7755+0.155%Phoenix6.7757+0.158%Extended6.7761+0.164%Pacifica6.7770+0.177%QFEX6.7770+0.177%
SoDEX
gTrade (Gains Network)
Phoenix
Extended
Pacifica
QFEXMEXC6.7770+0.177%
KuCoin6.7770+0.177%SunX6.7770+0.177%BloFin6.7770+0.177%Kraken Futures6.7772+0.181%Paradex6.7776+0.186%Aster6.7777+0.187%Aevo6.7778+0.189%Binance6.7779+0.190%Phemex6.7790+0.207%edgeX6.7792+0.211%Variational Omni6.7797+0.218%Ondo Perps6.7799+0.220%Bitget6.7800+0.222%HTX6.7800+0.222%Orderly6.7850+0.296%Lighter6.7887+0.350%
KuCoin
SunX
BloFin
Kraken Futures
Paradex
Aster
Aevo
Binance
Phemex
Variational Omni
Ondo Perps
Bitget
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_USDT | −0.177% | 0.0000% | 8h | $1.3M | $524K | 100x | as long as short |
| OKX XCU-USDT-SWAP | −0.117% | 0.0000% | 8h | $541K | $1.1M | 50x | as long as short |
| tradeXYZ xyz:COPPER | −0.030% | −0.0069% | 1h | $10.5M | $5.8M | 20x | as long as short |
| Vest HG-PERPshort | −0.028% | +0.0046% | 1h | — | $82K | 25x | |
| SoDEX COPPER-USD | −0.028% | +0.0050% | 1h | $897 | $3K | 20x | as long as short |
| gTrade (Gains Network) HG/USD | −0.023% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
| Phoenix COPPER | −0.019% | −0.0036% | 1h | $43K | $28K | 20x | as long as short |
| Extended XCU-USD | −0.014% | +0.0032% | 1h | $265K | $2.9M | 20x | as long as short |
| Pacifica COPPER | 0.000% | +0.0100% | 1h | $25K | $11K | 10x | as long as short |
| QFEX COPPER-USD | 0.000% | +0.0007% | 1h | $1.5M | $91K | 20x | as long as short |