Spread before costs (cost unknown: a leg has no order-book sample)−0.041%
7d average—if it closes, per $10,000$4funding 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 | 6.7808 | 0.0050 | pay 0.0006% / 1h | 49m 39s | $63K | $14K | 15x |
| Short | Bitget COPPERUSDT | 6.7780 | 0 | get 0.0000% / 4h | 3h 49m | $1.7M | $1.0M | 100x |
Price 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
- −$4.13
- Funding while held
- −$1.51
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$22.64
- Spread needed to break even
- 0.170%
Slippage unknown: Ondo Perps: no order-book sample; Bitget: 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 Bitget live order book, 2 min ago | 0.74 bp | 12.2 bp −$12 | 29.5 bp −$295 | 89.6 bp −$8,956 | 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.COPPER on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XCU_USDT | −0.189% | 0.0000% | 8h | $1.3M | $516K | 100x | as long as short |
| Phoenix COPPER | −0.128% | +0.0059% | 1h | $43K | $28K | 20x | as long as short |
| OKX XCU-USDT-SWAP | −0.100% | 0.0000% | 8h | $542K | $1.1M | 50x | as long as short |
| Vest HG-PERP | −0.100% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| SoDEX COPPER-USD | −0.097% | +0.0050% | 1h | $897 | $3K | 20x | as long as short |
| gTrade (Gains Network) HG/USD | −0.091% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
| tradeXYZ xyz:COPPER | −0.087% | +0.0050% | 1h | $10.4M | $5.6M | 20x | as long as short |
| edgeX COPPERUSDC | −0.078% | −0.0002% | 4h | $93K | $317K | 20x | as long as short |
| Extended XCU-USD | −0.075% | +0.0032% | 1h | $261K | $2.8M | 20x | as long as short |
| Pacifica COPPER | −0.067% | +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 | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XCUUSD | −0.056% | +0.0189% | 1h | $26K | $149K | 20x | as long as short |
| Phemex COPPERUSDT | −0.056% | 0.0000% | 4h | $4.2M | $73K | 100x | as long as short |
| Aster XCUUSDT | −0.051% | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| Aevo COPPER-PERP | −0.050% | +0.0104% | 1h | $310 | — | 10x | as long as short |
| QFEX COPPER-USD | −0.041% | +0.0011% | 1h | $1.5M | $48K | 20x | as long as short |
| MEXC COPPER_USDT | −0.041% | 0.0000% | 4h | $25.9M | $4.0M | 100x | as long as short |
| KuCoin COPPERUSDTM | −0.041% | +0.0338% | 4h | $258K | $25K | 50x | as long as short |
| Bitget COPPERUSDTshort | −0.041% | 0.0000% | 4h | $1.7M | $1.0M | 100x | |
| SunX COPPER-USDT | −0.041% | 0.0000% | 4h | — | $7.9M | 20x | as long as short |
| BloFin COPPER-USDT | −0.041% | +0.0058% | 4h | $89K | $132K | 100x | as long as short |
| Paradex XCU-USD-PERP | −0.037% | +0.0050% | 8h | $1K | $3K | 5x | as long as short |
| Binance COPPERUSDT | −0.027% | 0.0000% | 4h | $9.0M | $33.8M | 100x | as long as short |
| Variational Omni COPPER | −0.025% | 0.0000% | 4h | $762K | $1.5M | — | as long as short |
| Ondo Perps COPPER-USD.Plong | 0.000% | +0.0050% | 1h | $63K | $14K | 15x | |
| HTX COPPER-USDT | +0.003% | 0.0000% | 4h | $60K | $29K | 75x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.062% | +0.0100% | 8h | $3K | — | 10x | as long as short |
| Lighter XCU | +0.088% | +0.0032% | 1h | $475K | $42K | 20x | as long as short |
Bitget COPPERUSDT
Gate
Phoenix
OKX
SoDEX
gTrade (Gains Network)
tradeXYZ
Extended
Pacifica
Kraken Futures
Phemex
Aster
MEXC
KuCoin
SunX
BloFin
Paradex
Binance
Variational Omni
HTX
Lighter