Spread before costs (cost unknown: a leg has no order-book sample)−0.003%
7d average—if it closes, per $10,000$0funding while held, a day+$0.01
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps COPPER-USD.P | 6.7662 | 0.0050 | pay 0.0006% / 1h | 28m 29s | $62K | $21K | 15x |
| Short | Paradex XCU-USD-PERP | 6.7660 | 0.0051 | get 0.0051% / 8h | 6h 28m | $1K | $3K | 5x |
Ondo Perps COPPER-USD.P
Paradex XCU-USD-PERPPrice 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
- −$0.27
- Funding while held
- $0.01
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$9.26
- Spread needed to break even
- 0.090%
Slippage unknown: Ondo Perps: no order-book sample; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.01
- 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 Paradex no order-book sample | — | — | — | — | — |
Ondo Perps and Paradex: 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.Gate6.7520cheapesttradeXYZ6.7572+0.077%OKX6.7606+0.127%gTrade (Gains Network)6.7610+0.133%SoDEX6.7611+0.135%Vest6.7614+0.139%MEXC6.7620+0.148%KuCoin6.7620+0.148%Binance6.7630+0.163%Extended6.7634+0.169%Phoenix6.7635+0.170%edgeX6.7635+0.171%Aevo6.7636+0.171%Variational Omni6.7639+0.176%Bitget6.7640+0.178%Pacifica6.7644+0.184%QFEX6.7650+0.193%Aster6.7654+0.199%SunX6.7660+0.207%
Gate
tradeXYZ
OKX
gTrade (Gains Network)
SoDEX
Vest
MEXC
KuCoin
Binance
Extended
Phoenix
Aevo
Variational Omni
Bitget
Pacifica
QFEX
Aster
SunXParadex6.7660+0.208%
Ondo Perps6.7662+0.210%
Kraken Futures6.7663+0.212%BloFin6.7670+0.222%HTX6.7680+0.237%Orderly6.7690+0.252%Lighter6.7740+0.326%Phemex6.7770+0.370%
Kraken Futures
BloFin
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 | −0.210% | 0.0000% | 8h | $1.3M | $519K | 100x | as long as short |
| tradeXYZ xyz:COPPER | −0.133% | −0.0183% | 1h | $10.5M | $5.7M | 20x | as long as short |
| OKX XCU-USDT-SWAP | −0.083% | 0.0000% | 8h | $539K | $1.1M | 50x | as long as short |
| gTrade (Gains Network) HG/USD | −0.077% | L +0.0002% / S −0.0001% | 1h | $175K | — | 250x | as long as short |
| SoDEX COPPER-USD | −0.075% | +0.0050% | 1h | $895 | $3K | 20x | as long as short |
| Vest HG-PERP | −0.071% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| MEXC COPPER_USDT | −0.062% | 0.0000% | 4h | $25.3M | $4.1M | 100x | as long as short |
| KuCoin COPPERUSDTM | −0.062% | +0.0100% | 4h | $257K | $25K | 50x | as long as short |
| Binance COPPERUSDT | −0.047% | 0.0000% | 4h | $9.0M | $34.1M | 100x | as long as short |
| Extended XCU-USD | −0.041% | +0.0032% | 1h | $258K | $2.7M | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix COPPER | −0.040% | +0.0106% | 1h | $43K | $28K | 20x | as long as short |
| edgeX COPPERUSDC | −0.039% | −0.0014% | 4h | $92K | $318K | 20x | as long as short |
| Aevo COPPER-PERP | −0.039% | +0.0104% | 1h | $309 | — | 10x | as long as short |
| Variational Omni COPPER | −0.034% | 0.0000% | 4h | $749K | $1.5M | — | as long as short |
| Bitget COPPERUSDT | −0.033% | +0.0092% | 4h | $1.6M | $1.0M | 100x | as long as short |
| Pacifica COPPER | −0.027% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
| QFEX COPPER-USD | −0.018% | +0.0043% | 1h | $1.5M | $94K | 20x | as long as short |
| Aster XCUUSDT | −0.012% | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| SunX COPPER-USDT | −0.003% | 0.0000% | 4h | — | $7.9M | 20x | as long as short |
| Paradex XCU-USD-PERPshort | −0.003% | +0.0051% | 8h | $1K | $3K | 5x | |
| Ondo Perps COPPER-USD.Plong | 0.000% | +0.0050% | 1h | $62K | $21K | 15x | |
| Kraken Futures PF_XCUUSD | +0.002% | +0.0390% | 1h | $26K | $55K | 20x | as long as short |
| BloFin COPPER-USDT | +0.012% | +0.0044% | 4h | $89K | $134K | 100x | as long as short |
| HTX COPPER-USDT | +0.027% | 0.0000% | 4h | $60K | $28K | 75x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.041% | +0.0100% | 8h | $3K | — | 10x | as long as short |
| Lighter XCU | +0.115% | +0.0080% | 1h | $473K | $44K | 20x | as long as short |
| Phemex COPPERUSDT | +0.160% | 0.0000% | 4h | $4.2M | $76K | 100x | as long as short |