data as of
Settings8H · net · $10k
Price arb /

COPPER

RWAall COPPER markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−0.016%
7d average+0.027%if it closes, per $10,000$2funding while held, a day+$0.24
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni COPPER6.77910get 0.0000% / 4h3h 48m$762K$1.5M
ShortBloFin COPPER-USDT6.77800.0008get 0.0004% / 4h3h 48m$89K$132K100x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$1.59
Funding while held
$0.24
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$13.35
Spread needed to break even
0.120%
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; BloFin: live order book, 50 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.0008%
Per $10,000 a day
+$0.24
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 2 min ago2.98 bpdoesn't fit8.6 bp −$86doesn't fitdoesn't fit
Sell BloFin live order book, 50 min ago1.48 bp7.5 bp −$79.7 bp −$9732.7 bp −$3,274doesn't fit

COPPER price on every exchange

against the cheapest. Click to use as the short leg.

COPPER on 27 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Gate XCU_USDT−0.134%0.0000%8h$1.3M$516K100xas long as short
tradeXYZ xyz:COPPER−0.068%+0.0050%1h$10.4M$5.6M20xas long as short
Vest HG-PERP−0.065%+0.0046%1h$82K25xas long as short
OKX XCU-USDT-SWAP−0.063%0.0000%8h$542K$1.1M50xas long as short
SoDEX COPPER-USD−0.063%+0.0050%1h$897$3K20xas long as short
gTrade (Gains Network) HG/USD−0.057%L +0.0002% / S −0.0001%1h$176K250xas long as short
edgeX COPPERUSDC−0.053%−0.0002%4h$93K$317K20xas long as short
Extended XCU-USD−0.050%+0.0032%1h$261K$2.8M20xas long as short
Pacifica COPPER−0.039%+0.0100%1h$25K$12K10xas long as short
KuCoin COPPERUSDTM−0.031%+0.0332%4h$258K$25K50xas long as short
Show all 27 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Phoenix COPPER−0.029%+0.0059%1h$43K$28K20xas long as short
Kraken Futures PF_XCUUSD−0.016%+0.0189%1h$26K$145K20xas long as short
QFEX COPPER-USD−0.016%+0.0011%1h$1.5M$48K20xas long as short
BloFin COPPER-USDTshort−0.016%+0.0008%4h$89K$132K100x
Aevo COPPER-PERP−0.008%+0.0104%1h$31010xas long as short
Binance COPPERUSDT−0.007%0.0000%4h$9.0M$33.8M100xas long as short
Aster XCUUSDT−0.001%0.0000%4h$32K$52K50xas long as short
MEXC COPPER_USDT−0.001%0.0000%4h$25.9M$4.0M100xas long as short
Bitget COPPERUSDT−0.001%0.0000%4h$1.7M$1.0M100xas long as short
SunX COPPER-USDT−0.001%0.0000%4h$7.9M20xas long as short
Variational Omni COPPERlong0.000%0.0000%4h$762K$1.5M
Paradex XCU-USD-PERP0.000%+0.0050%8h$1K$3K5xas long as short
Phemex COPPERUSDT+0.014%0.0000%4h$4.2M$73K100xas long as short
Ondo Perps COPPER-USD.P+0.025%+0.0050%1h$63K$14K15xas long as short
HTX COPPER-USDT+0.028%0.0000%4h$60K$29K75xas long as short
Orderly PERP_COPPER_USDC_mythos+0.087%+0.0100%8h$3K10xas long as short
Lighter XCU+0.111%+0.0032%1h$475K$42K20xas long as short