Spread before costs (cost unknown: a leg has no order-book sample)+0.134%
7d average+0.007%if it closes, per $10,000$13funding 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 | 6.7590 | 0 | get 0.0000% / 8h | 6h 04m | $539K | $1.1M | 50x |
| Short | Variational Omni COPPER | 6.7681 | 0 | get 0.0000% / 4h | 2h 04m | $748K | $1.5M | — |
OKX XCU-USDT-SWAP
Variational Omni COPPERPrice 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
- $13.43
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $3.43
- Spread needed to break even
- 0.100%
Slippage unknown: OKX: live order book, 3 min ago; Variational Omni: RFQ quote, 1 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, 3 min ago | 0.67 bp | 8.9 bp −$9 | 22.7 bp −$227 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 2.99 bp | doesn't fit | 6.4 bp −$64 | doesn't fit | doesn't fit |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7510cheapesttradeXYZ6.7589+0.117%
Gate
tradeXYZOKX6.7590+0.119%
SoDEX6.7607+0.144%Bitget6.7630+0.178%Ondo Perps6.7637+0.188%Pacifica6.7637+0.188%Phoenix6.7638+0.190%Vest6.7641+0.194%Extended6.7641+0.194%gTrade (Gains Network)6.7642+0.196%Kraken Futures6.7647+0.203%Binance6.7650+0.207%MEXC6.7650+0.207%KuCoin6.7650+0.207%Aster6.7650+0.208%QFEX6.7660+0.222%SunX6.7660+0.222%Paradex6.7660+0.223%Aevo6.7664+0.228%edgeX6.7666+0.232%BloFin6.7670+0.237%
SoDEX
Bitget
Ondo Perps
Pacifica
Phoenix
Vest
Extended
gTrade (Gains Network)
Kraken Futures
Binance
MEXC
KuCoin
Aster
QFEX
SunX
Paradex
Aevo
BloFinVariational Omni6.7681+0.253%
HTX6.7690+0.267%Orderly6.7730+0.326%Lighter6.7751+0.357%Phemex6.7780+0.400%
HTX
Orderly
Lighter
PhemexCOPPER on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XCU_USDT | −0.118% | 0.0000% | 8h | $1.3M | $525K | 100x | as long as short |
| tradeXYZ xyz:COPPER | −0.001% | −0.0188% | 1h | $10.5M | $5.7M | 20x | as long as short |
| OKX XCU-USDT-SWAPlong | 0.000% | 0.0000% | 8h | $539K | $1.1M | 50x | |
| SoDEX COPPER-USD | +0.025% | +0.0050% | 1h | $895 | $3K | 20x | as long as short |
| Bitget COPPERUSDT | +0.059% | +0.0088% | 4h | $1.6M | $1.0M | 100x | as long as short |
| Ondo Perps COPPER-USD.P | +0.070% | +0.0050% | 1h | $62K | $21K | 15x | as long as short |
| Pacifica COPPER | +0.070% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
| Phoenix COPPER | +0.071% | +0.0106% | 1h | $43K | $28K | 20x | as long as short |
| Vest HG-PERP | +0.075% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| Extended XCU-USD | +0.076% | +0.0032% | 1h | $257K | $2.7M | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HG/USD | +0.077% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
| Kraken Futures PF_XCUUSD | +0.084% | +0.0390% | 1h | $26K | $55K | 20x | as long as short |
| Binance COPPERUSDT | +0.089% | 0.0000% | 4h | $9.0M | $34.3M | 100x | as long as short |
| MEXC COPPER_USDT | +0.089% | 0.0000% | 4h | $25.5M | $4.1M | 100x | as long as short |
| KuCoin COPPERUSDTM | +0.089% | +0.0100% | 4h | $257K | $25K | 50x | as long as short |
| Aster XCUUSDT | +0.089% | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| QFEX COPPER-USD | +0.104% | +0.0043% | 1h | $1.5M | $94K | 20x | as long as short |
| SunX COPPER-USDT | +0.104% | 0.0000% | 4h | — | $7.9M | 20x | as long as short |
| Paradex XCU-USD-PERP | +0.104% | +0.0051% | 8h | $1K | $3K | 5x | as long as short |
| Aevo COPPER-PERP | +0.109% | +0.0104% | 1h | $309 | — | 10x | as long as short |
| edgeX COPPERUSDC | +0.113% | −0.0003% | 4h | $92K | $317K | 20x | as long as short |
| BloFin COPPER-USDT | +0.118% | +0.0049% | 4h | $89K | $139K | 100x | as long as short |
| Variational Omni COPPERshort | +0.134% | 0.0000% | 4h | $748K | $1.5M | — | |
| HTX COPPER-USDT | +0.148% | 0.0000% | 4h | $60K | $28K | 75x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.207% | +0.0100% | 8h | $3K | — | 10x | as long as short |
| Lighter XCU | +0.238% | +0.0056% | 1h | $473K | $44K | 20x | as long as short |
| Phemex COPPERUSDT | +0.281% | 0.0000% | 4h | $4.2M | $77K | 100x | as long as short |