Spread before costs (cost unknown: a leg has no order-book sample)+0.010%
7d average—if it closes, per $10,000$1funding while held, a day−$3.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica COPPER | 6.7731 | 0.0100 | pay 0.0013% / 1h | 51m 44s | $25K | $12K | 10x |
| Short | edgeX COPPERUSDC | 6.7738 | −0.0004 | pay 0.0002% / 4h | 3h 51m | $93K | $316K | 20x |
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
- $1.02
- Funding while held
- −$3.12
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$19.1
- Spread needed to break even
- 0.170%
Slippage unknown: Pacifica: no order-book sample; edgeX: live order book, 58 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0104%
- Per $10,000 a day
- −$3.12
- 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 58 min ago | 7.37 bp | 13.0 bp −$13 | 24.6 bp −$246 | doesn't fit | doesn't fit |
Pacifica: 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 | −0.090% | 0.0000% | 8h | $1.3M | $516K | 100x | as long as short |
| HTX COPPER-USDT | −0.061% | 0.0000% | 4h | $60K | $29K | 75x | as long as short |
| Phoenix COPPER | −0.015% | +0.0059% | 1h | $43K | $28K | 20x | as long as short |
| Variational Omni COPPER | −0.009% | 0.0000% | 4h | $761K | $1.5M | — | as long as short |
| Pacifica COPPERlong | 0.000% | +0.0100% | 1h | $25K | $12K | 10x | |
| edgeX COPPERUSDCshort | +0.010% | −0.0004% | 4h | $93K | $316K | 20x | |
| Ondo Perps COPPER-USD.P | +0.010% | +0.0050% | 1h | $63K | $14K | 15x | as long as short |
| QFEX COPPER-USD | +0.013% | +0.0011% | 1h | $1.5M | $48K | 20x | as long as short |
| BloFin COPPER-USDT | +0.013% | −0.0003% | 4h | $89K | $132K | 100x | as long as short |
| Vest HG-PERP | +0.018% | +0.0046% | 1h | — | $82K | 25x | as long as short |
Pacifica COPPER
Gate
HTX
Phoenix
Variational Omni
BloFin
Extended
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