Spread before costs (cost unknown: a leg has no order-book sample)+0.047%
7d average—if it closes, per $10,000$5funding while held, a day+$0.02
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:COPPER | 6.7698 | 0.0050 | pay 0.0006% / 1h | 19m 22s | $10.4M | $5.6M | 20x |
| Short | Paradex XCU-USD-PERP | 6.7730 | 0.0051 | get 0.0051% / 8h | 19m 22s | $1K | $3K | 5x |
tradeXYZ xyz:COPPER
Paradex XCU-USD-PERPPrice 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
- $4.67
- Funding while held
- $0.02
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$17.31
- Spread needed to break even
- 0.220%
Slippage unknown: tradeXYZ: live order book, 11 min ago; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0001%
- Per $10,000 a day
- +$0.02
- 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 tradeXYZ live order book, 11 min ago | 0.67 bp | 10.6 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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%SoDEX6.7712+0.121%gTrade (Gains Network)6.7714+0.125%Ondo Perps6.7719+0.132%Extended6.7724+0.139%Phoenix6.7726+0.142%
Vest
Pacifica
SoDEX
gTrade (Gains Network)
Ondo Perps
Extended
PhoenixParadex6.7730+0.147%
QFEX6.7730+0.148%BloFin6.7740+0.163%Aster6.7747+0.172%Binance6.7750+0.177%MEXC6.7750+0.177%SunX6.7750+0.177%Aevo6.7751+0.179%Kraken Futures6.7755+0.184%edgeX6.7758+0.189%Variational Omni6.7759+0.191%KuCoin6.7760+0.192%Bitget6.7760+0.192%HTX6.7770+0.207%Phemex6.7770+0.207%Orderly6.7820+0.281%Lighter6.7832+0.299%
QFEX
BloFin
Aster
Binance
MEXC
SunX
Aevo
Kraken Futures
Variational Omni
KuCoin
Bitget
HTX
Phemex
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 | −0.100% | 0.0000% | 8h | $1.3M | $517K | 100x | as long as short |
| OKX XCU-USDT-SWAP | −0.019% | 0.0000% | 8h | $541K | $1.1M | 50x | as long as short |
| tradeXYZ xyz:COPPERlong | 0.000% | +0.0050% | 1h | $10.4M | $5.6M | 20x | |
| Vest HG-PERP | +0.003% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| Pacifica COPPER | +0.017% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
| SoDEX COPPER-USD | +0.021% | +0.0050% | 1h | $897 | $3K | 20x | as long as short |
| gTrade (Gains Network) HG/USD | +0.024% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
| Ondo Perps COPPER-USD.P | +0.031% | +0.0050% | 1h | $63K | $14K | 15x | as long as short |
| Extended XCU-USD | +0.039% | +0.0032% | 1h | $276K | $2.7M | 20x | as long as short |
| Phoenix COPPER | +0.041% | +0.0130% | 1h | $43K | $28K | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex XCU-USD-PERPshort | +0.047% | +0.0051% | 8h | $1K | $3K | 5x | |
| QFEX COPPER-USD | +0.047% | +0.0016% | 1h | $1.5M | $48K | 20x | as long as short |
| BloFin COPPER-USDT | +0.062% | +0.0028% | 4h | $90K | $131K | 100x | as long as short |
| Aster XCUUSDT | +0.072% | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| Binance COPPERUSDT | +0.077% | 0.0000% | 4h | $9.0M | $33.4M | 100x | as long as short |
| MEXC COPPER_USDT | +0.077% | 0.0000% | 4h | $25.9M | $4.0M | 100x | as long as short |
| SunX COPPER-USDT | +0.077% | 0.0000% | 4h | — | $7.8M | 20x | as long as short |
| Aevo COPPER-PERP | +0.078% | +0.0104% | 1h | $310 | — | 10x | as long as short |
| Kraken Futures PF_XCUUSD | +0.083% | +0.0432% | 1h | $26K | $194K | 20x | as long as short |
| edgeX COPPERUSDC | +0.089% | −0.0020% | 4h | $93K | $317K | 20x | as long as short |
| Variational Omni COPPER | +0.090% | 0.0000% | 4h | $746K | $1.5M | — | as long as short |
| KuCoin COPPERUSDTM | +0.092% | +0.0536% | 4h | $258K | $11K | 50x | as long as short |
| Bitget COPPERUSDT | +0.092% | 0.0000% | 4h | $1.7M | $1.0M | 100x | as long as short |
| HTX COPPER-USDT | +0.106% | 0.0000% | 4h | $60K | $29K | 75x | as long as short |
| Phemex COPPERUSDT | +0.106% | 0.0000% | 4h | $4.2M | $71K | 100x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.180% | +0.0100% | 8h | $3K | — | 10x | as long as short |
| Lighter XCU | +0.198% | +0.0032% | 1h | $475K | $42K | 20x | as long as short |