After costs, if the gap returns to its 7d average, $10k−$21
spread now+0.082%7d average+0.010%fees + slippage, in and out−$29spread needed0.287%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX XCU-USDT-SWAP | 6.7753 | 0 | get 0.0000% / 8h | 7h 43m | $541K | $1.1M | 50x |
| Short | Binance COPPERUSDT | 6.7809 | 0 | get 0.0000% / 4h | 3h 43m | $9.0M | $33.7M | 100x |
OKX XCU-USDT-SWAP
Binance 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
- $8.25
- Funding while held
- $0
- Slippage, 4 orders
- −$8.7
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$20.46
- Spread needed to break even
- 0.287%
Slippage from OKX: live order book, 4 min ago; Binance: live order book, 14 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 OKX live order book, 4 min ago | 1.03 bp | 7.9 bp −$8 | 25.0 bp −$250 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 0.74 bp | 6.3 bp −$6 | 10.6 bp −$106 | 79.7 bp −$7,968 | doesn't fit |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7680cheapest
GateOKX6.7753+0.108%
Ondo Perps6.7755+0.111%Phoenix6.7761+0.120%Vest6.7767+0.129%tradeXYZ6.7774+0.139%SoDEX6.7776+0.142%gTrade (Gains Network)6.7778+0.145%Extended6.7778+0.146%Pacifica6.7783+0.152%Variational Omni6.7788+0.160%Aster6.7790+0.163%Kraken Futures6.7792+0.165%QFEX6.7800+0.177%MEXC6.7800+0.177%KuCoin6.7800+0.177%SunX6.7800+0.177%Phemex6.7800+0.177%BloFin6.7800+0.177%edgeX6.7802+0.181%Aevo6.7803+0.181%Paradex6.7805+0.184%
Ondo Perps
Phoenix
Vest
tradeXYZ
SoDEX
gTrade (Gains Network)
Extended
Pacifica
Variational Omni
Aster
Kraken Futures
QFEX
MEXC
KuCoin
SunX
Phemex
BloFin
Aevo
ParadexBinance6.7809+0.190%
Bitget6.7820+0.207%HTX6.7860+0.266%Orderly6.7870+0.281%Lighter6.7884+0.301%
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 | −0.108% | 0.0000% | 8h | $1.3M | $516K | 100x | as long as short |
| OKX XCU-USDT-SWAPlong | 0.000% | 0.0000% | 8h | $541K | $1.1M | 50x | |
| Ondo Perps COPPER-USD.P | +0.003% | +0.0050% | 1h | $63K | $14K | 15x | as long as short |
| Phoenix COPPER | +0.012% | +0.0059% | 1h | $43K | $28K | 20x | as long as short |
| Vest HG-PERP | +0.021% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| tradeXYZ xyz:COPPER | +0.031% | +0.0050% | 1h | $10.4M | $5.6M | 20x | as long as short |
| SoDEX COPPER-USD | +0.034% | +0.0050% | 1h | $897 | $3K | 20x | as long as short |
| gTrade (Gains Network) HG/USD | +0.037% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
| Extended XCU-USD | +0.038% | +0.0032% | 1h | $257K | $2.8M | 20x | as long as short |
| Pacifica COPPER | +0.044% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni COPPER | +0.052% | 0.0000% | 4h | $762K | $1.5M | — | as long as short |
| Aster XCUUSDT | +0.055% | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| Kraken Futures PF_XCUUSD | +0.057% | +0.0189% | 1h | $26K | $135K | 20x | as long as short |
| QFEX COPPER-USD | +0.069% | +0.0011% | 1h | $1.5M | $51K | 20x | as long as short |
| MEXC COPPER_USDT | +0.069% | 0.0000% | 4h | $25.9M | $4.0M | 100x | as long as short |
| KuCoin COPPERUSDTM | +0.069% | +0.0294% | 4h | $258K | $25K | 50x | as long as short |
| SunX COPPER-USDT | +0.069% | 0.0000% | 4h | — | $7.9M | 20x | as long as short |
| Phemex COPPERUSDT | +0.069% | 0.0000% | 4h | $4.2M | $73K | 100x | as long as short |
| BloFin COPPER-USDT | +0.069% | +0.0029% | 4h | $89K | $132K | 100x | as long as short |
| edgeX COPPERUSDC | +0.073% | −0.0015% | 4h | $93K | $318K | 20x | as long as short |
| Aevo COPPER-PERP | +0.073% | +0.0104% | 1h | $310 | — | 10x | as long as short |
| Paradex XCU-USD-PERP | +0.076% | +0.0050% | 8h | $1K | $3K | 5x | as long as short |
| Binance COPPERUSDTshort | +0.082% | 0.0000% | 4h | $9.0M | $33.7M | 100x | |
| Bitget COPPERUSDT | +0.099% | 0.0000% | 4h | $1.7M | $1.0M | 100x | as long as short |
| HTX COPPER-USDT | +0.158% | 0.0000% | 4h | $60K | $29K | 75x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.173% | +0.0100% | 8h | $3K | — | 10x | as long as short |
| Lighter XCU | +0.193% | +0.0032% | 1h | $475K | $42K | 20x | as long as short |