Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against OKX−0.168%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$890.891% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.168%, 7d avg −0.049%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.119% cheaper against OKX than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX XCU-USDT-SWAP | 6.7964 | 0 | get 0.0000% / 8h | 6h 24m | $472K | $927K | 50x |
| Short | Gate XCU_USDT | 6.7850 | 0 | get 0.0000% / 8h | 6h 24m | $1.3M | $478K | 100x |
OKX XCU-USDT-SWAP
Gate XCU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.168% → −0.049%
- −$11.89
- Slippage, 4 orders
- −$64.13
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$101.02
- Costs to cover
- 0.891%
- Break-even
- never at this rate
Slippage from OKX: live order book, 31 min ago; Gate: live order book, 2 min ago.
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 OKX live order book, 31 min ago | 0.81 bp | 15.5 bp −$15 | 30.7 bp −$307 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 2.21 bp | 27.1 bp −$27 | 220.3 bp −$2,203 | doesn't fit | doesn't fit |
COPPER on 27 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XCUUSD | −0.1015% | 1h | 6.7930 | −0.050% | $32K | $176K | 20x | as long as short |
| tradeXYZ xyz:COPPER | −0.0136% | 1h | 6.7929 | −0.051% | $10.4M | $4.8M | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.7984 | +0.030% | $32K | $35K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.7972 | +0.011% | $9.0M | $32.1M | 100x | as long as short |
| OKX XCU-USDT-SWAPlong | 0.0000% | 8h | 6.7964 | long leg | $472K | $927K | 50x | |
| Gate XCU_USDTshort | 0.0000% | 8h | 6.7850 | −0.168% | $1.3M | $478K | 100x | |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.7960 | −0.006% | $26.0M | $5.0M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.7980 | +0.024% | $1.7M | $1.0M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.7964 | 0.000% | $741K | $1.4M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.7990 | +0.038% | $88K | $2.0M | 25x | as long as short |
Kraken Futures PF_XCUUSD
tradeXYZ xyz:COPPER
Aster XCUUSDT
Binance COPPERUSDT
MEXC COPPER_USDT
Bitget COPPERUSDT
Variational Omni COPPER
GRVT COPPER_USDT_PerpShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX COPPER-USDT | 0.0000% | 4h | 6.7970 | +0.009% | — | $6.8M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | 6.7990 | +0.038% | $61K | $26K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.7910 | −0.079% | $4.2M | $74K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.7976 | +0.018% | $176K | — | 250x | as long as short |
| QFEX COPPER-USD | +0.0006% | 1h | 6.7970 | +0.009% | $1.5M | $129K | 20x | as long as short |
| edgeX COPPERUSDC | +0.0013% | 4h | 6.7956 | −0.012% | $94K | $317K | 20x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.8076 | +0.165% | $476K | $39K | 20x | as long as short |
| Phoenix COPPER | +0.0035% | 1h | 6.7965 | +0.001% | $45K | $30K | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.7971 | +0.010% | — | $82K | 25x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.7975 | +0.016% | $1K | $2K | 5x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.7958 | −0.009% | $900 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.7917 | −0.069% | $56K | $55K | 15x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.7963 | −0.001% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8000 | +0.053% | $258K | $23K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8050 | +0.127% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.7974 | +0.015% | $311 | — | 10x | as long as short |
| Extended XCU-USD | +0.0376% | 1h | 6.7971 | +0.011% | $231K | $2.9M | 20x | as long as short |
SunX COPPER-USDT
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
QFEX COPPER-USD
edgeX COPPERUSDC
Lighter XCU
Phoenix COPPER
Vest HG-PERP
Paradex XCU-USD-PERP
SoDEX COPPER-USD
Ondo Perps COPPER-USD.P
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Extended XCU-USD