Spread before costs (cost unknown: a leg has no order-book sample)+0.005%
7d average+0.049%if it closes, per $10,000$0funding while held, a day+$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni COPPER | 6.7717 | 0 | get 0.0000% / 4h | 1h 48m | $749K | $1.5M | — |
| Short | KuCoin COPPERUSDTM | 6.7720 | 0.0100 | get 0.0050% / 4h | 1h 48m | $258K | $25K | 50x |
Variational Omni COPPER
KuCoin COPPERUSDTMPrice 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
- $0.49
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$8.51
- Spread needed to break even
- 0.120%
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; KuCoin: live order book, 49 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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, 2 min ago | 2.99 bp | doesn't fit | 13.1 bp −$131 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 49 min ago | 8.87 bp | 59.8 bp −$60 | 452.9 bp −$4,529 | doesn't fit | doesn't fit |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7580cheapesttradeXYZ6.7676+0.142%OKX6.7677+0.144%SoDEX6.7682+0.151%Phoenix6.7689+0.161%edgeX6.7716+0.202%
Gate
tradeXYZ
OKX
SoDEX
PhoenixVariational Omni6.7717+0.202%
Kraken Futures6.7718+0.204%
Kraken FuturesKuCoin6.7720+0.207%
gTrade (Gains Network)6.7728+0.219%BloFin6.7730+0.222%Vest6.7733+0.226%Pacifica6.7735+0.229%Extended6.7739+0.235%QFEX6.7740+0.237%MEXC6.7740+0.237%Bitget6.7740+0.237%SunX6.7740+0.237%Aster6.7746+0.245%Aevo6.7748+0.248%Binance6.7750+0.251%Paradex6.7750+0.252%Ondo Perps6.7751+0.253%HTX6.7760+0.266%Phemex6.7770+0.281%Orderly6.7810+0.340%Lighter6.7835+0.377%
gTrade (Gains Network)
BloFin
Vest
Pacifica
Extended
QFEX
MEXC
Bitget
SunX
Aster
Aevo
Binance
Paradex
Ondo Perps
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 | −0.202% | 0.0000% | 8h | $1.3M | $524K | 100x | as long as short |
| tradeXYZ xyz:COPPER | −0.060% | −0.0225% | 1h | $10.5M | $5.8M | 20x | as long as short |
| OKX XCU-USDT-SWAP | −0.059% | 0.0000% | 8h | $540K | $1.1M | 50x | as long as short |
| SoDEX COPPER-USD | −0.051% | +0.0049% | 1h | $896 | $3K | 20x | as long as short |
| Phoenix COPPER | −0.041% | −0.0036% | 1h | $43K | $28K | 20x | as long as short |
| edgeX COPPERUSDC | −0.001% | −0.0015% | 4h | $93K | $317K | 20x | as long as short |
| Variational Omni COPPERlong | 0.000% | 0.0000% | 4h | $749K | $1.5M | — | |
| Kraken Futures PF_XCUUSD | +0.002% | +0.0596% | 1h | $26K | $46K | 20x | as long as short |
| KuCoin COPPERUSDTMshort | +0.005% | +0.0100% | 4h | $258K | $25K | 50x | |
| gTrade (Gains Network) HG/USD | +0.017% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |