Spread before costs (cost unknown: a leg has no order-book sample)+0.034%
7d average—if it closes, per $10,000$3funding while held, a day+$1.50
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX COPPER-USD | 6.7774 | 0.0050 | pay 0.0006% / 1h | 11m 19s | $897 | $3K | 20x |
| Short | Pacifica COPPER | 6.7797 | 0.0100 | get 0.0013% / 1h | 11m 19s | $25K | $11K | 10x |
SoDEX COPPER-USD
Pacifica COPPERPrice 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
- $3.43
- Funding while held
- $1.5
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$11.07
- Spread needed to break even
- 0.160%
Slippage unknown: SoDEX: no order-book sample; Pacifica: 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Pacifica no order-book sample | — | — | — | — | — |
SoDEX and 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.Gate6.7660cheapestOKX6.7712+0.077%Vest6.7764+0.154%gTrade (Gains Network)6.7766+0.157%tradeXYZ6.7770+0.163%KuCoin6.7770+0.163%Ondo Perps6.7771+0.164%
Gate
OKX
Vest
gTrade (Gains Network)
tradeXYZ
KuCoin
Ondo PerpsSoDEX6.7774+0.168%
Kraken Futures6.7775+0.170%Extended6.7775+0.171%Aster6.7785+0.184%Variational Omni6.7787+0.188%QFEX6.7790+0.192%BloFin6.7790+0.192%Paradex6.7791+0.193%Phoenix6.7796+0.201%
Kraken Futures
Extended
Aster
Variational Omni
QFEX
BloFin
Paradex
PhoenixPacifica6.7797+0.203%
MEXC6.7800+0.207%SunX6.7800+0.207%Phemex6.7800+0.207%Aevo6.7806+0.216%edgeX6.7807+0.217%Binance6.7807+0.217%Bitget6.7810+0.222%HTX6.7820+0.236%Orderly6.7850+0.281%Lighter6.7902+0.358%
MEXC
SunX
Phemex
Aevo
Binance
Bitget
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 | −0.168% | 0.0000% | 8h | $1.3M | $524K | 100x | as long as short |
| OKX XCU-USDT-SWAP | −0.091% | 0.0000% | 8h | $542K | $1.1M | 50x | as long as short |
| Vest HG-PERP | −0.015% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| gTrade (Gains Network) HG/USD | −0.012% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
| tradeXYZ xyz:COPPER | −0.006% | −0.0036% | 1h | $10.5M | $5.8M | 20x | as long as short |
| KuCoin COPPERUSDTM | −0.006% | +0.0100% | 4h | $258K | $25K | 50x | as long as short |
| Ondo Perps COPPER-USD.P | −0.004% | +0.0050% | 1h | $62K | $21K | 15x | as long as short |
| SoDEX COPPER-USDlong | 0.000% | +0.0050% | 1h | $897 | $3K | 20x | |
| Kraken Futures PF_XCUUSD | +0.002% | +0.0596% | 1h | $26K | $46K | 20x | as long as short |
| Extended XCU-USD | +0.002% | +0.0032% | 1h | $265K | $2.9M | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster XCUUSDT | +0.016% | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| Variational Omni COPPER | +0.020% | 0.0000% | 4h | $767K | $1.6M | — | as long as short |
| QFEX COPPER-USD | +0.024% | +0.0007% | 1h | $1.5M | $91K | 20x | as long as short |
| BloFin COPPER-USDT | +0.024% | −0.0057% | 4h | $89K | $140K | 100x | as long as short |
| Paradex XCU-USD-PERP | +0.024% | +0.0050% | 8h | $1K | $3K | 5x | as long as short |
| Phoenix COPPER | +0.032% | −0.0036% | 1h | $43K | $28K | 20x | as long as short |
| Pacifica COPPERshort | +0.034% | +0.0100% | 1h | $25K | $11K | 10x | |
| MEXC COPPER_USDT | +0.038% | 0.0000% | 4h | $25.5M | $4.1M | 100x | as long as short |
| SunX COPPER-USDT | +0.038% | 0.0000% | 4h | — | $7.9M | 20x | as long as short |
| Phemex COPPERUSDT | +0.038% | 0.0000% | 4h | $4.2M | $79K | 100x | as long as short |
| Aevo COPPER-PERP | +0.048% | +0.0104% | 1h | $310 | — | 10x | as long as short |
| edgeX COPPERUSDC | +0.048% | −0.0009% | 4h | $93K | $316K | 20x | as long as short |
| Binance COPPERUSDT | +0.049% | 0.0000% | 4h | $9.0M | $34.5M | 100x | as long as short |
| Bitget COPPERUSDT | +0.053% | +0.0060% | 4h | $1.7M | $1.0M | 100x | as long as short |
| HTX COPPER-USDT | +0.068% | 0.0000% | 4h | $60K | $28K | 75x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.112% | +0.0100% | 8h | $3K | — | 10x | as long as short |
| Lighter XCU | +0.189% | +0.0032% | 1h | $475K | $45K | 20x | as long as short |