Spread before costs (cost unknown: a leg has no order-book sample)−0.075%
7d average—if it closes, per $10,000$8funding while held, a day−$1.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica COPPER | 6.7670 | 0.0100 | pay 0.0013% / 1h | 54m 54s | $25K | $12K | 10x |
| Short | SoDEX COPPER-USD | 6.7619 | 0.0050 | get 0.0006% / 1h | 54m 54s | $895 | $3K | 20x |
Pacifica COPPER
SoDEX COPPER-USDPrice 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
- −$7.53
- Funding while held
- −$1.5
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$25.03
- Spread needed to break even
- 0.160%
Slippage unknown: Pacifica: no order-book sample; SoDEX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0050%
- Per $10,000 a day
- −$1.50
- 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 SoDEX no order-book sample | — | — | — | — | — |
Pacifica and SoDEX: 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.Gate6.7550cheapestOKX6.7600+0.074%Phoenix6.7616+0.098%
Gate
OKX
PhoenixSoDEX6.7619+0.102%
tradeXYZ6.7622+0.107%BloFin6.7650+0.148%Kraken Futures6.7660+0.164%Ondo Perps6.7663+0.167%Vest6.7666+0.172%
tradeXYZ
BloFin
Kraken Futures
Ondo Perps
VestPacifica6.7670+0.178%
Bitget6.7670+0.178%gTrade (Gains Network)6.7670+0.178%edgeX6.7678+0.189%Extended6.7678+0.190%QFEX6.7680+0.192%KuCoin6.7680+0.192%SunX6.7680+0.192%HTX6.7680+0.192%Aevo6.7684+0.198%Aster6.7687+0.203%Binance6.7689+0.205%Variational Omni6.7689+0.206%MEXC6.7690+0.207%Paradex6.7691+0.209%Orderly6.7750+0.296%Lighter6.7777+0.336%Phemex6.7790+0.355%
Bitget
gTrade (Gains Network)
Extended
QFEX
KuCoin
SunX
HTX
Aevo
Aster
Binance
Variational Omni
MEXC
Paradex
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 | −0.177% | 0.0000% | 8h | $1.3M | $524K | 100x | as long as short |
| OKX XCU-USDT-SWAP | −0.103% | 0.0000% | 8h | $539K | $1.1M | 50x | as long as short |
| Phoenix COPPER | −0.080% | −0.0036% | 1h | $43K | $28K | 20x | as long as short |
| SoDEX COPPER-USDshort | −0.075% | +0.0050% | 1h | $895 | $3K | 20x | |
| tradeXYZ xyz:COPPER | −0.071% | −0.0230% | 1h | $10.5M | $5.8M | 20x | as long as short |
| BloFin COPPER-USDT | −0.030% | −0.0016% | 4h | $89K | $139K | 100x | as long as short |
| Kraken Futures PF_XCUUSD | −0.014% | +0.0597% | 1h | $26K | $46K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | −0.010% | +0.0050% | 1h | $62K | $21K | 15x | as long as short |
| Vest HG-PERP | −0.006% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| Pacifica COPPERlong | 0.000% | +0.0100% | 1h | $25K | $12K | 10x |