Spread before costs (cost unknown: a leg has no order-book sample)−0.051%
7d average+0.015%if it closes, per $10,000$5funding while held, a day+$1.62
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni COPPER | 6.7695 | 0 | get 0.0000% / 4h | 3h 05m | $747K | $1.5M | — |
| Short | Bitget COPPERUSDT | 6.7660 | 0.0054 | get 0.0027% / 4h | 3h 05m | $1.7M | $1.0M | 100x |
Variational Omni COPPER
Bitget COPPERUSDTPrice 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
- −$5.14
- Funding while held
- $1.62
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$15.52
- Spread needed to break even
- 0.120%
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Bitget: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0054%
- Per $10,000 a day
- +$1.62
- 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 Variational Omni RFQ quote, 5 min ago | 2.98 bp | doesn't fit | 11.1 bp −$111 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.74 bp | 11.8 bp −$12 | 24.0 bp −$240 | 75.9 bp −$7,586 | doesn't fit |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7550cheapestOKX6.7583+0.049%tradeXYZ6.7605+0.081%Extended6.7606+0.082%SoDEX6.7606+0.083%Pacifica6.7606+0.084%gTrade (Gains Network)6.7614+0.095%Vest6.7617+0.099%Ondo Perps6.7637+0.129%Paradex6.7640+0.134%Phoenix6.7641+0.135%MEXC6.7650+0.148%KuCoin6.7650+0.148%Binance6.7653+0.152%
Gate
OKX
tradeXYZ
Extended
SoDEX
Pacifica
gTrade (Gains Network)
Vest
Ondo Perps
Paradex
Phoenix
MEXC
KuCoin
BinanceBitget6.7660+0.163%
Aster6.7661+0.165%QFEX6.7670+0.178%SunX6.7670+0.178%BloFin6.7670+0.178%Aevo6.7674+0.184%Kraken Futures6.7677+0.188%
Aster
QFEX
SunX
BloFin
Aevo
Kraken FuturesVariational Omni6.7695+0.214%
HTX6.7700+0.222%edgeX6.7712+0.240%Phemex6.7730+0.266%Lighter6.7740+0.281%Orderly6.7750+0.296%
HTX
Phemex
Lighter
OrderlyCOPPER on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XCU_USDT | −0.214% | 0.0000% | 8h | $1.3M | $517K | 100x | as long as short |
| OKX XCU-USDT-SWAP | −0.165% | 0.0000% | 8h | $538K | $1.1M | 50x | as long as short |
| tradeXYZ xyz:COPPER | −0.133% | +0.0050% | 1h | $10.4M | $5.6M | 20x | as long as short |
| Extended XCU-USD | −0.132% | +0.0032% | 1h | $258K | $2.7M | 20x | as long as short |
| SoDEX COPPER-USD | −0.131% | +0.0050% | 1h | $895 | $3K | 20x | as long as short |
| Pacifica COPPER | −0.131% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
| gTrade (Gains Network) HG/USD | −0.119% | L +0.0002% / S −0.0001% | 1h | $175K | — | 250x | as long as short |
| Vest HG-PERP | −0.115% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| Ondo Perps COPPER-USD.P | −0.085% | +0.0050% | 1h | $62K | $16K | 15x | as long as short |
| Paradex XCU-USD-PERP | −0.080% | +0.0052% | 8h | $1K | $3K | 5x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix COPPER | −0.079% | +0.0059% | 1h | $43K | $28K | 20x | as long as short |
| MEXC COPPER_USDT | −0.066% | 0.0000% | 4h | $25.7M | $4.0M | 100x | as long as short |
| KuCoin COPPERUSDTM | −0.066% | +0.0100% | 4h | $257K | $25K | 50x | as long as short |
| Binance COPPERUSDT | −0.062% | 0.0000% | 4h | $9.0M | $34.0M | 100x | as long as short |
| Bitget COPPERUSDTshort | −0.051% | +0.0054% | 4h | $1.7M | $1.0M | 100x | |
| Aster XCUUSDT | −0.049% | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| QFEX COPPER-USD | −0.037% | +0.0011% | 1h | $1.5M | $51K | 20x | as long as short |
| SunX COPPER-USDT | −0.037% | 0.0000% | 4h | — | $7.9M | 20x | as long as short |
| BloFin COPPER-USDT | −0.037% | −0.0015% | 4h | $89K | $133K | 100x | as long as short |
| Aevo COPPER-PERP | −0.031% | +0.0104% | 1h | $309 | — | 10x | as long as short |
| Kraken Futures PF_XCUUSD | −0.026% | +0.0189% | 1h | $26K | $73K | 20x | as long as short |
| Variational Omni COPPERlong | 0.000% | 0.0000% | 4h | $747K | $1.5M | — | |
| HTX COPPER-USDT | +0.008% | 0.0000% | 4h | $60K | $29K | 75x | as long as short |
| edgeX COPPERUSDC | +0.025% | −0.0012% | 4h | $93K | $317K | 20x | as long as short |
| Phemex COPPERUSDT | +0.052% | 0.0000% | 4h | $4.2M | $75K | 100x | as long as short |
| Lighter XCU | +0.067% | +0.0176% | 1h | $474K | $43K | 20x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.082% | +0.0100% | 8h | $3K | — | 10x | as long as short |