Spread before costs (cost unknown: a leg has no order-book sample)+0.035%
7d average—if it closes, per $10,000$3funding while held, a day−$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica COPPER | 6.7647 | 0.0100 | pay 0.0013% / 1h | 51m 27s | $25K | $12K | 10x |
| Short | HTX COPPER-USDT | 6.7670 | 0 | get 0.0000% / 4h | 2h 51m | $60K | $28K | 75x |
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
- $3.47
- Funding while held
- −$3
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$19.53
- Spread needed to break even
- 0.200%
Slippage unknown: Pacifica: no order-book sample; HTX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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 HTX no order-book sample | — | — | — | — | — |
Pacifica and HTX: 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 | −0.157% | 0.0000% | 8h | $1.3M | $518K | 100x | as long as short |
| tradeXYZ xyz:COPPER | −0.063% | −0.0150% | 1h | $10.5M | $5.7M | 20x | as long as short |
| Phoenix COPPER | −0.050% | +0.0106% | 1h | $43K | $28K | 20x | as long as short |
| SoDEX COPPER-USD | −0.048% | +0.0050% | 1h | $895 | $3K | 20x | as long as short |
| OKX XCU-USDT-SWAP | −0.029% | 0.0000% | 8h | $539K | $1.1M | 50x | as long as short |
| Pacifica COPPERlong | 0.000% | +0.0100% | 1h | $25K | $12K | 10x | |
| Extended XCU-USD | +0.002% | +0.0032% | 1h | $258K | $2.7M | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.002% | +0.0050% | 1h | $62K | $21K | 15x | as long as short |
| Vest HG-PERP | +0.004% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| gTrade (Gains Network) HG/USD | +0.013% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XCUUSD | +0.015% | +0.0390% | 1h | $26K | $69K | 20x | as long as short |
| BloFin COPPER-USDT | +0.020% | −0.0015% | 4h | $89K | $133K | 100x | as long as short |
| Variational Omni COPPER | +0.032% | 0.0000% | 4h | $747K | $1.5M | — | as long as short |
| Aster XCUUSDT | +0.035% | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| HTX COPPER-USDTshort | +0.035% | 0.0000% | 4h | $60K | $28K | 75x | |
| edgeX COPPERUSDC | +0.035% | −0.0007% | 4h | $93K | $317K | 20x | as long as short |
| Paradex XCU-USD-PERP | +0.036% | +0.0052% | 8h | $1K | $3K | 5x | as long as short |
| QFEX COPPER-USD | +0.049% | +0.0043% | 1h | $1.5M | $94K | 20x | as long as short |
| KuCoin COPPERUSDTM | +0.049% | +0.0100% | 4h | $257K | $25K | 50x | as long as short |
| SunX COPPER-USDT | +0.049% | 0.0000% | 4h | — | $7.9M | 20x | as long as short |
| Binance COPPERUSDT | +0.064% | 0.0000% | 4h | $9.0M | $34.0M | 100x | as long as short |
| MEXC COPPER_USDT | +0.064% | 0.0000% | 4h | $25.6M | $4.0M | 100x | as long as short |
| Aevo COPPER-PERP | +0.067% | +0.0104% | 1h | $309 | — | 10x | as long as short |
| Bitget COPPERUSDT | +0.079% | +0.0080% | 4h | $1.6M | $1.0M | 100x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.138% | +0.0100% | 8h | $3K | — | 10x | as long as short |
| Lighter XCU | +0.151% | +0.0144% | 1h | $473K | $43K | 20x | as long as short |
| Phemex COPPERUSDT | +0.183% | 0.0000% | 4h | $4.2M | $75K | 100x | as long as short |
Pacifica COPPER
HTX COPPER-USDT
Gate
tradeXYZ
Phoenix
SoDEX
OKX
Extended
gTrade (Gains Network)
Kraken Futures
BloFin
Variational Omni
Aster
Paradex
KuCoin
SunX
Binance
MEXC
Bitget
Lighter
Phemex