Spread before costs (cost unknown: a leg has no order-book sample)+0.081%
7d average—if it closes, per $10,000$8funding while held, a day+$0.01
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX COPPER-USD | 6.7744 | 0.0050 | pay 0.0006% / 1h | 18m 31s | $897 | $3K | 20x |
| Short | Ondo Perps COPPER-USD.P | 6.7799 | 0.0050 | get 0.0006% / 1h | 18m 31s | $62K | $21K | 15x |
SoDEX COPPER-USD
Ondo Perps COPPER-USD.PPrice 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
- $8.12
- Funding while held
- $0.01
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$4.87
- Spread needed to break even
- 0.130%
Slippage unknown: SoDEX: no order-book sample; Ondo Perps: 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
SoDEX and 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.Gate6.7640cheapestOKX6.7691+0.075%
Gate
OKXSoDEX6.7744+0.154%
tradeXYZ6.7746+0.157%Vest6.7747+0.158%gTrade (Gains Network)6.7748+0.160%Phoenix6.7757+0.173%Extended6.7757+0.173%MEXC6.7760+0.177%KuCoin6.7760+0.177%Pacifica6.7770+0.192%QFEX6.7770+0.192%SunX6.7770+0.192%Phemex6.7770+0.192%BloFin6.7770+0.192%Kraken Futures6.7771+0.194%Aster6.7771+0.194%Paradex6.7776+0.200%Aevo6.7778+0.204%Binance6.7778+0.204%Bitget6.7780+0.207%edgeX6.7792+0.225%Variational Omni6.7797+0.233%
tradeXYZ
Vest
gTrade (Gains Network)
Phoenix
Extended
MEXC
KuCoin
Pacifica
QFEX
SunX
Phemex
BloFin
Kraken Futures
Aster
Paradex
Aevo
Binance
Bitget
Variational OmniOndo Perps6.7799+0.235%
HTX6.7810+0.251%Orderly6.7850+0.310%Lighter6.7880+0.355%
HTX
Orderly
LighterCOPPER on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XCU_USDT | −0.154% | 0.0000% | 8h | $1.3M | $524K | 100x | as long as short |
| OKX XCU-USDT-SWAP | −0.078% | 0.0000% | 8h | $541K | $1.1M | 50x | as long as short |
| SoDEX COPPER-USDlong | 0.000% | +0.0050% | 1h | $897 | $3K | 20x | |
| tradeXYZ xyz:COPPER | +0.003% | −0.0070% | 1h | $10.5M | $5.8M | 20x | as long as short |
| Vest HG-PERP | +0.004% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| gTrade (Gains Network) HG/USD | +0.006% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
| Phoenix COPPER | +0.019% | −0.0036% | 1h | $43K | $28K | 20x | as long as short |
| Extended XCU-USD | +0.020% | +0.0032% | 1h | $265K | $2.9M | 20x | as long as short |
| MEXC COPPER_USDT | +0.024% | 0.0000% | 4h | $25.5M | $4.1M | 100x | as long as short |
| KuCoin COPPERUSDTM | +0.024% | +0.0100% | 4h | $258K | $25K | 50x | as long as short |