Spread before costs (cost unknown: a leg has no order-book sample)+0.061%
7d average—if it closes, per $10,000$6funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni COPPER | 6.7789 | 0 | get 0.0000% / 4h | 35m 16s | $765K | $1.5M | — |
| Short | HTX COPPER-USDT | 6.7830 | 0 | get 0.0000% / 4h | 35m 16s | $60K | $29K | 75x |
Variational Omni COPPER
HTX COPPER-USDTPrice 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
- $6.11
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$5.89
- Spread needed to break even
- 0.120%
Slippage unknown: Variational Omni: RFQ quote, just now; HTX: no order-book sample. 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 Variational Omni RFQ quote, just now | 2.99 bp | doesn't fit | 12.0 bp −$120 | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
HTX: 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.Gate6.7700cheapestOKX6.7740+0.059%SoDEX6.7740+0.059%tradeXYZ6.7747+0.069%Extended6.7753+0.078%Vest6.7754+0.080%gTrade (Gains Network)6.7756+0.083%Pacifica6.7758+0.086%QFEX6.7760+0.089%SunX6.7760+0.089%Kraken Futures6.7765+0.096%Aevo6.7768+0.101%Paradex6.7769+0.102%Binance6.7770+0.103%MEXC6.7770+0.103%Phoenix6.7770+0.103%Phemex6.7770+0.103%BloFin6.7770+0.103%Aster6.7774+0.109%Ondo Perps6.7778+0.115%Bitget6.7780+0.118%edgeX6.7785+0.126%
Gate
OKX
SoDEX
tradeXYZ
Extended
Vest
gTrade (Gains Network)
Pacifica
QFEX
SunX
Kraken Futures
Aevo
Paradex
Binance
MEXC
Phoenix
Phemex
BloFin
Aster
Ondo Perps
BitgetVariational Omni6.7789+0.131%
HTX6.7830+0.192%
KuCoin6.7850+0.222%Orderly6.7850+0.222%Lighter6.7866+0.245%
KuCoin
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 | −0.131% | 0.0000% | 8h | $1.3M | $516K | 100x | as long as short |
| OKX XCU-USDT-SWAP | −0.072% | 0.0000% | 8h | $523K | $1.0M | 50x | as long as short |
| SoDEX COPPER-USD | −0.072% | +0.0050% | 1h | $897 | $3K | 20x | as long as short |
| tradeXYZ xyz:COPPER | −0.061% | +0.0038% | 1h | $10.4M | $5.6M | 20x | as long as short |
| Extended XCU-USD | −0.053% | +0.0032% | 1h | $243K | $2.7M | 20x | as long as short |
| Vest HG-PERP | −0.051% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| gTrade (Gains Network) HG/USD | −0.048% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
| Pacifica COPPER | −0.045% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
| QFEX COPPER-USD | −0.042% | +0.0016% | 1h | $1.5M | $48K | 20x | as long as short |
| SunX COPPER-USDT | −0.042% | 0.0000% | 4h | — | $7.8M | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XCUUSD | −0.034% | +0.0431% | 1h | $26K | $195K | 20x | as long as short |
| Aevo COPPER-PERP | −0.030% | +0.0104% | 1h | $310 | — | 10x | as long as short |
| Paradex XCU-USD-PERP | −0.029% | +0.0051% | 8h | $1K | $3K | 5x | as long as short |
| Binance COPPERUSDT | −0.027% | 0.0000% | 4h | $9.0M | $33.3M | 100x | as long as short |
| MEXC COPPER_USDT | −0.027% | 0.0000% | 4h | $25.9M | $4.0M | 100x | as long as short |
| Phoenix COPPER | −0.027% | +0.0130% | 1h | $43K | $28K | 20x | as long as short |
| Phemex COPPERUSDT | −0.027% | 0.0000% | 4h | $4.2M | $71K | 100x | as long as short |
| BloFin COPPER-USDT | −0.027% | −0.0024% | 4h | $90K | $130K | 100x | as long as short |
| Aster XCUUSDT | −0.021% | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| Ondo Perps COPPER-USD.P | −0.016% | +0.0050% | 1h | $63K | $14K | 15x | as long as short |
| Bitget COPPERUSDT | −0.013% | 0.0000% | 4h | $1.7M | $1.0M | 100x | as long as short |
| edgeX COPPERUSDC | −0.005% | −0.0009% | 4h | $93K | $317K | 20x | as long as short |
| Variational Omni COPPERlong | 0.000% | 0.0000% | 4h | $765K | $1.5M | — | |
| HTX COPPER-USDTshort | +0.061% | 0.0000% | 4h | $60K | $29K | 75x | |
| KuCoin COPPERUSDTM | +0.091% | +0.0584% | 4h | $258K | $8K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.091% | +0.0100% | 8h | $3K | — | 10x | as long as short |
| Lighter XCU | +0.114% | +0.0032% | 1h | $475K | $42K | 20x | as long as short |