Spread before costs (cost unknown: a leg has no order-book sample)+0.052%
7d average—if it closes, per $10,000$5funding while held, a day−$1.51
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps COPPER-USD.P | 6.7771 | 0.0050 | pay 0.0006% / 1h | 10m 41s | $62K | $21K | 15x |
| Short | Binance COPPERUSDT | 6.7807 | 0 | get 0.0000% / 4h | 1h 10m | $9.0M | $34.5M | 100x |
Ondo Perps COPPER-USD.P
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
- $5.24
- Funding while held
- −$1.51
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$11.27
- Spread needed to break even
- 0.150%
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0050%
- Per $10,000 a day
- −$1.51
- 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 2 min ago | 0.74 bp | 5.7 bp −$6 | 9.0 bp −$90 | 95.6 bp −$9,562 | doesn't fit |
Ondo Perps: 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.Gate6.7660cheapestOKX6.7712+0.077%Vest6.7764+0.154%gTrade (Gains Network)6.7766+0.157%tradeXYZ6.7770+0.163%
Gate
OKX
Vest
gTrade (Gains Network)
tradeXYZOndo Perps6.7771+0.164%
SoDEX6.7774+0.168%Kraken Futures6.7775+0.170%Extended6.7778+0.174%KuCoin6.7780+0.177%Variational Omni6.7787+0.188%QFEX6.7790+0.192%BloFin6.7790+0.192%Aster6.7795+0.200%Paradex6.7796+0.201%Phoenix6.7796+0.201%MEXC6.7800+0.207%SunX6.7800+0.207%Phemex6.7800+0.207%Pacifica6.7801+0.209%Aevo6.7806+0.216%
SoDEX
Kraken Futures
Extended
KuCoin
Variational Omni
QFEX
BloFin
Aster
Paradex
Phoenix
MEXC
SunX
Phemex
Pacifica
AevoBinance6.7807+0.217%
edgeX6.7807+0.217%Bitget6.7810+0.222%HTX6.7820+0.236%Orderly6.7850+0.281%Lighter6.7902+0.358%
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 | −0.164% | 0.0000% | 8h | $1.3M | $524K | 100x | as long as short |
| OKX XCU-USDT-SWAP | −0.087% | 0.0000% | 8h | $542K | $1.1M | 50x | as long as short |
| Vest HG-PERP | −0.010% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| gTrade (Gains Network) HG/USD | −0.007% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
| tradeXYZ xyz:COPPER | −0.001% | −0.0033% | 1h | $10.5M | $5.8M | 20x | as long as short |
| Ondo Perps COPPER-USD.Plong | 0.000% | +0.0050% | 1h | $62K | $21K | 15x | |
| SoDEX COPPER-USD | +0.004% | +0.0050% | 1h | $897 | $3K | 20x | as long as short |
| Kraken Futures PF_XCUUSD | +0.006% | +0.0596% | 1h | $26K | $46K | 20x | as long as short |
| Extended XCU-USD | +0.010% | +0.0032% | 1h | $265K | $2.9M | 20x | as long as short |
| KuCoin COPPERUSDTM | +0.013% | +0.0100% | 4h | $258K | $25K | 50x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni COPPER | +0.024% | 0.0000% | 4h | $767K | $1.6M | — | as long as short |
| QFEX COPPER-USD | +0.028% | +0.0007% | 1h | $1.5M | $91K | 20x | as long as short |
| BloFin COPPER-USDT | +0.028% | −0.0057% | 4h | $89K | $140K | 100x | as long as short |
| Aster XCUUSDT | +0.035% | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| Paradex XCU-USD-PERP | +0.037% | +0.0050% | 8h | $1K | $3K | 5x | as long as short |
| Phoenix COPPER | +0.037% | −0.0036% | 1h | $43K | $28K | 20x | as long as short |
| MEXC COPPER_USDT | +0.043% | 0.0000% | 4h | $25.5M | $4.1M | 100x | as long as short |
| SunX COPPER-USDT | +0.043% | 0.0000% | 4h | — | $7.9M | 20x | as long as short |
| Phemex COPPERUSDT | +0.043% | 0.0000% | 4h | $4.2M | $79K | 100x | as long as short |
| Pacifica COPPER | +0.045% | +0.0100% | 1h | $25K | $11K | 10x | as long as short |
| Aevo COPPER-PERP | +0.052% | +0.0104% | 1h | $310 | — | 10x | as long as short |
| Binance COPPERUSDTshort | +0.052% | 0.0000% | 4h | $9.0M | $34.5M | 100x | |
| edgeX COPPERUSDC | +0.053% | −0.0009% | 4h | $93K | $316K | 20x | as long as short |
| Bitget COPPERUSDT | +0.058% | +0.0060% | 4h | $1.7M | $1.0M | 100x | as long as short |
| HTX COPPER-USDT | +0.072% | 0.0000% | 4h | $60K | $28K | 75x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.117% | +0.0100% | 8h | $3K | — | 10x | as long as short |
| Lighter XCU | +0.193% | +0.0032% | 1h | $475K | $45K | 20x | as long as short |