Spread before costs (cost unknown: a leg has no order-book sample)−0.032%
7d average—if it closes, per $10,000$3funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX COPPER-USD | 6.7720 | 0.0050 | pay 0.0006% / 1h | 19m 07s | $897 | $3K | 20x |
| Short | tradeXYZ xyz:COPPER | 6.7698 | 0.0050 | get 0.0006% / 1h | 19m 07s | $10.4M | $5.6M | 20x |
SoDEX COPPER-USD
tradeXYZ xyz: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
- −$3.25
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$29.25
- Spread needed to break even
- 0.260%
Slippage unknown: SoDEX: no order-book sample; tradeXYZ: live order book, 11 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 11 min ago | 0.67 bp | 10.4 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
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.Gate6.7630cheapestOKX6.7685+0.081%
Gate
OKXtradeXYZ6.7698+0.101%
Vest6.7700+0.104%Pacifica6.7710+0.118%gTrade (Gains Network)6.7714+0.125%Ondo Perps6.7719+0.132%
Vest
Pacifica
gTrade (Gains Network)
Ondo PerpsSoDEX6.7720+0.133%
Extended6.7724+0.139%Phoenix6.7726+0.142%Paradex6.7730+0.147%QFEX6.7730+0.148%Kraken Futures6.7741+0.163%Aster6.7746+0.171%MEXC6.7750+0.177%SunX6.7750+0.177%Aevo6.7751+0.179%edgeX6.7758+0.189%Variational Omni6.7759+0.191%Binance6.7760+0.192%KuCoin6.7760+0.192%Bitget6.7760+0.192%Phemex6.7760+0.192%HTX6.7770+0.207%BloFin6.7770+0.207%Orderly6.7820+0.281%Lighter6.7848+0.322%
Extended
Phoenix
Paradex
QFEX
Kraken Futures
Aster
MEXC
SunX
Aevo
Variational Omni
Binance
KuCoin
Bitget
Phemex
HTX
BloFin
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 | −0.133% | 0.0000% | 8h | $1.3M | $517K | 100x | as long as short |
| OKX XCU-USDT-SWAP | −0.052% | 0.0000% | 8h | $541K | $1.1M | 50x | as long as short |
| tradeXYZ xyz:COPPERshort | −0.032% | +0.0050% | 1h | $10.4M | $5.6M | 20x | |
| Vest HG-PERP | −0.030% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| Pacifica COPPER | −0.015% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
| gTrade (Gains Network) HG/USD | −0.009% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
| Ondo Perps COPPER-USD.P | −0.001% | +0.0050% | 1h | $63K | $14K | 15x | as long as short |
| SoDEX COPPER-USDlong | 0.000% | +0.0050% | 1h | $897 | $3K | 20x | |
| Extended XCU-USD | +0.006% | +0.0032% | 1h | $276K | $2.7M | 20x | as long as short |
| Phoenix COPPER | +0.009% | +0.0130% | 1h | $43K | $28K | 20x | as long as short |