Spread before costs (cost unknown: a leg has no order-book sample)+0.126%
7d average—if it closes, per $10,000$13funding while held, a day−$1.37
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest HG-PERP | 6.7645 | 0.0046 | pay 0.0006% / 1h | 9m 10s | — | $82K | 25x |
| Short | HTX COPPER-USDT | 6.7730 | 0 | get 0.0000% / 4h | 3h 09m | $60K | $29K | 75x |
Vest HG-PERP
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
- $12.57
- Funding while held
- −$1.37
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$2.8
- Spread needed to break even
- 0.140%
Slippage unknown: Vest: no order-book sample; HTX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0046%
- Per $10,000 a day
- −$1.37
- 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 Vest no order-book sample | — | — | — | — | — |
| Sell HTX no order-book sample | — | — | — | — | — |
Vest and 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.Gate6.7580cheapestPhoenix6.7622+0.062%SoDEX6.7631+0.075%tradeXYZ6.7633+0.078%OKX6.7635+0.081%
Gate
Phoenix
SoDEX
tradeXYZ
OKXVest6.7645+0.096%
Extended6.7647+0.099%gTrade (Gains Network)6.7653+0.108%Pacifica6.7658+0.115%Bitget6.7670+0.133%edgeX6.7677+0.144%BloFin6.7680+0.148%Aster6.7681+0.150%Paradex6.7688+0.160%Binance6.7690+0.163%KuCoin6.7690+0.163%Variational Omni6.7691+0.165%Kraken Futures6.7695+0.170%Aevo6.7700+0.177%MEXC6.7700+0.178%SunX6.7700+0.178%Ondo Perps6.7707+0.188%QFEX6.7710+0.192%
Extended
gTrade (Gains Network)
Pacifica
Bitget
BloFin
Aster
Paradex
Binance
KuCoin
Variational Omni
Kraken Futures
Aevo
MEXC
SunX
Ondo Perps
QFEXHTX6.7730+0.222%
Phemex6.7750+0.252%Orderly6.7770+0.281%Lighter6.7775+0.289%
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 | −0.096% | 0.0000% | 8h | $1.3M | $517K | 100x | as long as short |
| Phoenix COPPER | −0.034% | +0.0059% | 1h | $43K | $28K | 20x | as long as short |
| SoDEX COPPER-USD | −0.021% | +0.0050% | 1h | $896 | $3K | 20x | as long as short |
| tradeXYZ xyz:COPPER | −0.018% | +0.0050% | 1h | $10.4M | $5.6M | 20x | as long as short |
| OKX XCU-USDT-SWAP | −0.015% | 0.0000% | 8h | $538K | $1.1M | 50x | as long as short |
| Vest HG-PERPlong | 0.000% | +0.0046% | 1h | — | $82K | 25x | |
| Extended XCU-USD | +0.003% | +0.0032% | 1h | $258K | $2.7M | 20x | as long as short |
| gTrade (Gains Network) HG/USD | +0.012% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
| Pacifica COPPER | +0.019% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
| Bitget COPPERUSDT | +0.037% | +0.0040% | 4h | $1.7M | $1.0M | 100x | as long as short |