Spread before costs (cost unknown: a leg has no order-book sample)−0.161%
7d average—if it closes, per $10,000$16funding 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 | 6.7909 | 0.0050 | pay 0.0006% / 1h | 22m 39s | $62K | $13K | 15x |
| Short | OKX XCU-USDT-SWAP | 6.7800 | 0 | get 0.0000% / 8h | 1h 22m | $533K | $990K | 50x |
Ondo Perps COPPER-USD.P
OKX XCU-USDT-SWAPPrice 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
- −$16.05
- Funding while held
- −$1.51
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$32.56
- Spread needed to break even
- 0.150%
Slippage unknown: Ondo Perps: no order-book sample; OKX: live order book, 30 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 OKX live order book, 30 min ago | 0.07 bp | 5.6 bp −$6 | 29.9 bp −$299 | doesn't fit | 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.Gate6.7750cheapesttradeXYZ6.7795+0.066%
Gate
tradeXYZOKX6.7800+0.074%
Extended6.7802+0.076%Paradex6.7826+0.112%MEXC6.7830+0.118%Pacifica6.7832+0.121%Binance6.7840+0.133%QFEX6.7840+0.133%Bitget6.7840+0.133%Aster6.7841+0.134%SoDEX6.7864+0.168%gTrade (Gains Network)6.7882+0.195%Vest6.7887+0.202%Aevo6.7892+0.210%
Extended
Paradex
MEXC
Pacifica
Binance
QFEX
Bitget
Aster
SoDEX
gTrade (Gains Network)
Vest
AevoOndo Perps6.7909+0.235%
SunX6.7910+0.236%Kraken Futures6.7912+0.239%Lighter6.7927+0.261%Orderly6.7950+0.295%edgeX6.7951+0.296%BloFin6.7960+0.310%Phoenix6.7962+0.313%Variational Omni6.7968+0.322%KuCoin6.7980+0.339%HTX6.7990+0.354%Phemex6.8090+0.502%
SunX
Kraken Futures
Lighter
Orderly
BloFin
Phoenix
Variational Omni
KuCoin
HTX
PhemexCOPPER on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XCU_USDT | −0.234% | 0.0000% | 8h | $1.3M | $508K | 100x | as long as short |
| tradeXYZ xyz:COPPER | −0.168% | +0.0050% | 1h | $10.5M | $5.5M | 20x | as long as short |
| OKX XCU-USDT-SWAPshort | −0.161% | 0.0000% | 8h | $533K | $990K | 50x | |
| Extended XCU-USD | −0.158% | +0.0032% | 1h | $334K | $2.3M | 20x | as long as short |
| Paradex XCU-USD-PERP | −0.123% | +0.0052% | 8h | $1K | $3K | 5x | as long as short |
| MEXC COPPER_USDT | −0.116% | 0.0000% | 4h | $26.1M | $3.9M | 100x | as long as short |
| Pacifica COPPER | −0.114% | +0.0100% | 1h | $25K | $9K | 10x | as long as short |
| Binance COPPERUSDT | −0.102% | 0.0000% | 4h | $9.2M | $32.1M | 100x | as long as short |
| QFEX COPPER-USD | −0.102% | +0.0019% | 1h | $1.5M | $48K | 20x | as long as short |
| Bitget COPPERUSDT | −0.102% | 0.0000% | 4h | $1.7M | $976K | 100x | as long as short |