Spread before costs (cost unknown: a leg has no order-book sample)+0.136%
7d average+0.008%if it closes, per $10,000$14funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX XCU-USDT-SWAP | 6.7678 | 0 | get 0.0000% / 8h | 5h 47m | $540K | $1.1M | 50x |
| Short | Phemex COPPERUSDT | 6.7770 | 0 | get 0.0000% / 4h | 1h 47m | $4.2M | $78K | 100x |
OKX XCU-USDT-SWAP
Phemex 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
- $13.59
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$8.41
- Spread needed to break even
- 0.220%
Slippage unknown: OKX: live order book, just now; Phemex: live order book, 3 min ago. Net counts fees only.
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, just now | 0.07 bp | 13.4 bp −$13 | 18.6 bp −$186 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 0.74 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7590cheapest
GateOKX6.7678+0.130%
SoDEX6.7682+0.136%tradeXYZ6.7689+0.146%Variational Omni6.7717+0.187%Kraken Futures6.7722+0.196%Phoenix6.7729+0.206%KuCoin6.7730+0.207%Vest6.7730+0.207%gTrade (Gains Network)6.7730+0.207%BloFin6.7730+0.207%QFEX6.7740+0.222%MEXC6.7740+0.222%Bitget6.7740+0.222%SunX6.7740+0.222%Extended6.7742+0.224%Pacifica6.7742+0.226%Binance6.7743+0.226%edgeX6.7747+0.232%Ondo Perps6.7751+0.238%Aevo6.7752+0.239%Aster6.7753+0.241%Paradex6.7753+0.241%HTX6.7760+0.252%
SoDEX
tradeXYZ
Variational Omni
Kraken Futures
Phoenix
KuCoin
Vest
gTrade (Gains Network)
BloFin
QFEX
MEXC
Bitget
SunX
Extended
Pacifica
Binance
Ondo Perps
Aevo
Aster
Paradex
HTXPhemex6.7770+0.266%
Orderly6.7810+0.325%Lighter6.7849+0.383%
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 | −0.130% | 0.0000% | 8h | $1.3M | $524K | 100x | as long as short |
| OKX XCU-USDT-SWAPlong | 0.000% | 0.0000% | 8h | $540K | $1.1M | 50x | |
| SoDEX COPPER-USD | +0.006% | +0.0048% | 1h | $896 | $3K | 20x | as long as short |
| tradeXYZ xyz:COPPER | +0.016% | −0.0225% | 1h | $10.5M | $5.8M | 20x | as long as short |
| Variational Omni COPPER | +0.057% | 0.0000% | 4h | $749K | $1.5M | — | as long as short |
| Kraken Futures PF_XCUUSD | +0.065% | +0.0596% | 1h | $26K | $46K | 20x | as long as short |
| Phoenix COPPER | +0.075% | −0.0036% | 1h | $43K | $28K | 20x | as long as short |
| KuCoin COPPERUSDTM | +0.077% | +0.0100% | 4h | $258K | $25K | 50x | as long as short |
| Vest HG-PERP | +0.077% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| gTrade (Gains Network) HG/USD | +0.077% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin COPPER-USDT | +0.077% | −0.0015% | 4h | $89K | $139K | 100x | as long as short |
| QFEX COPPER-USD | +0.092% | +0.0007% | 1h | $1.5M | $95K | 20x | as long as short |
| MEXC COPPER_USDT | +0.092% | 0.0000% | 4h | $25.6M | $4.1M | 100x | as long as short |
| Bitget COPPERUSDT | +0.092% | +0.0072% | 4h | $1.6M | $1.0M | 100x | as long as short |
| SunX COPPER-USDT | +0.092% | 0.0000% | 4h | — | $7.9M | 20x | as long as short |
| Extended XCU-USD | +0.094% | +0.0032% | 1h | $238K | $2.7M | 20x | as long as short |
| Pacifica COPPER | +0.095% | +0.0100% | 1h | $25K | $11K | 10x | as long as short |
| Binance COPPERUSDT | +0.096% | 0.0000% | 4h | $9.0M | $34.3M | 100x | as long as short |
| edgeX COPPERUSDC | +0.102% | −0.0003% | 4h | $93K | $318K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.108% | +0.0050% | 1h | $62K | $21K | 15x | as long as short |
| Aevo COPPER-PERP | +0.109% | +0.0104% | 1h | $310 | — | 10x | as long as short |
| Aster XCUUSDT | +0.111% | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| Paradex XCU-USD-PERP | +0.111% | +0.0050% | 8h | $1K | $3K | 5x | as long as short |
| HTX COPPER-USDT | +0.121% | 0.0000% | 4h | $60K | $28K | 75x | as long as short |
| Phemex COPPERUSDTshort | +0.136% | 0.0000% | 4h | $4.2M | $78K | 100x | |
| Orderly PERP_COPPER_USDC_mythos | +0.195% | +0.0100% | 8h | $3K | — | 10x | as long as short |
| Lighter XCU | +0.253% | +0.0032% | 1h | $474K | $44K | 20x | as long as short |