Spread before costs (cost unknown: a leg has no order-book sample)−0.046%
7d average−0.004%if it closes, per $10,000$5funding while held, a day−$0.70
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni COPPER | 6.7808 | 0 | get 0.0000% / 4h | 1h 07m | $768K | $1.6M | — |
| Short | tradeXYZ xyz:COPPER | 6.7777 | −0.0023 | pay 0.0003% / 1h | 7m 55s | $10.5M | $5.8M | 20x |
Variational Omni COPPER
tradeXYZ xyz:COPPERPrice 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
- −$4.58
- Funding while held
- −$0.7
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$23.28
- Spread needed to break even
- 0.180%
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; tradeXYZ: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0023%
- Per $10,000 a day
- −$0.70
- 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, 3 min ago | 2.99 bp | doesn't fit | 10.1 bp −$101 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 2 min ago | 0.74 bp | 11.0 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7660cheapestOKX6.7718+0.086%gTrade (Gains Network)6.7774+0.168%Vest6.7774+0.168%Kraken Futures6.7776+0.171%
Gate
OKX
gTrade (Gains Network)
Vest
Kraken FuturestradeXYZ6.7777+0.173%
SoDEX6.7778+0.174%Extended6.7781+0.178%QFEX6.7790+0.192%KuCoin6.7790+0.192%Phemex6.7790+0.192%BloFin6.7790+0.192%Phoenix6.7796+0.201%Binance6.7800+0.207%MEXC6.7800+0.207%SunX6.7800+0.207%Aster6.7800+0.207%Paradex6.7801+0.208%Pacifica6.7803+0.212%edgeX6.7807+0.218%Aevo6.7808+0.218%
SoDEX
Extended
QFEX
KuCoin
Phemex
BloFin
Phoenix
Binance
MEXC
SunX
Aster
Paradex
Pacifica
AevoVariational Omni6.7808+0.219%
Ondo Perps6.7810+0.222%Bitget6.7810+0.222%Orderly6.7850+0.281%HTX6.7870+0.310%Lighter6.7904+0.361%
Ondo Perps
Bitget
Orderly
HTX
LighterCOPPER on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XCU_USDT | −0.218% | 0.0000% | 8h | $1.3M | $524K | 100x | as long as short |
| OKX XCU-USDT-SWAP | −0.133% | 0.0000% | 8h | $542K | $1.1M | 50x | as long as short |
| gTrade (Gains Network) HG/USD | −0.051% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
| Vest HG-PERP | −0.050% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| Kraken Futures PF_XCUUSD | −0.047% | +0.0596% | 1h | $26K | $46K | 20x | as long as short |
| tradeXYZ xyz:COPPERshort | −0.046% | −0.0023% | 1h | $10.5M | $5.8M | 20x | |
| SoDEX COPPER-USD | −0.044% | +0.0050% | 1h | $898 | $3K | 20x | as long as short |
| Extended XCU-USD | −0.040% | +0.0032% | 1h | $265K | $2.9M | 20x | as long as short |
| QFEX COPPER-USD | −0.027% | +0.0007% | 1h | $1.5M | $89K | 20x | as long as short |
| KuCoin COPPERUSDTM | −0.027% | +0.0100% | 4h | $258K | $25K | 50x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex COPPERUSDT | −0.027% | 0.0000% | 4h | $4.2M | $79K | 100x | as long as short |
| BloFin COPPER-USDT | −0.027% | +0.0006% | 4h | $89K | $140K | 100x | as long as short |
| Phoenix COPPER | −0.018% | −0.0036% | 1h | $43K | $28K | 20x | as long as short |
| Binance COPPERUSDT | −0.012% | 0.0000% | 4h | $9.0M | $34.5M | 100x | as long as short |
| MEXC COPPER_USDT | −0.012% | 0.0000% | 4h | $25.5M | $4.1M | 100x | as long as short |
| SunX COPPER-USDT | −0.012% | 0.0000% | 4h | — | $7.9M | 20x | as long as short |
| Aster XCUUSDT | −0.012% | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| Paradex XCU-USD-PERP | −0.011% | +0.0050% | 8h | $1K | $3K | 5x | as long as short |
| Pacifica COPPER | −0.007% | +0.0100% | 1h | $25K | $11K | 10x | as long as short |
| edgeX COPPERUSDC | −0.001% | −0.0006% | 4h | $93K | $317K | 20x | as long as short |
| Aevo COPPER-PERP | 0.000% | +0.0104% | 1h | $310 | — | 10x | as long as short |
| Variational Omni COPPERlong | 0.000% | 0.0000% | 4h | $768K | $1.6M | — | |
| Ondo Perps COPPER-USD.P | +0.003% | +0.0050% | 1h | $62K | $21K | 15x | as long as short |
| Bitget COPPERUSDT | +0.003% | +0.0058% | 4h | $1.7M | $1.0M | 100x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.062% | +0.0100% | 8h | $3K | — | 10x | as long as short |
| HTX COPPER-USDT | +0.091% | 0.0000% | 4h | $60K | $28K | 75x | as long as short |
| Lighter XCU | +0.142% | +0.0032% | 1h | $475K | $45K | 20x | as long as short |