Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.2% APRpaid last 24h 0.000%
Price spread now: gTrade (Gains Network) against Gate+0.165%7-day average +0.187% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$514as in the Price arb table
costs, in and out, $10k−$5125.117% of the position
Funding, last 1 day (all we have)+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.127%+$13 · spread now +0.165%, 7d avg +0.187%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: gTrade (Gains Network) is 0.021% cheaper against Gate than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.187%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XCU_USDT | 6.8070 | 0 | get 0.0000% / 8h | 58m 00s | $1.3M | $528K | 100x |
| Short | gTrade (Gains Network) HG/USD | 6.8182 | L +0.0002% / S −0.0001% | get 0.0000% / 1h | 58m 00s | $178K | — | 250x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Gate. 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
- $0.3
- Price spread: +0.165% → +0.187%
- −$2.14
- Slippage, 4 orders
- −$486.66
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$513.5
- Costs to cover
- 5.117%
- Break-even
- 11859.2 days
Slippage from Gate: live order book, 4 min ago; gTrade (Gains Network): virtual book (oracle venue), 11 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 Gate live order book, 4 min ago | 1.47 bp | 18.7 bp −$19 | 95.5 bp −$955 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 11 min ago | 130.01 bp | 213.6 bp −$214 | 1617.5 bp −$16.2K | doesn't fit | doesn't fit |
COPPER on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin COPPER-USDT | −0.0021% | 4h | 6.8220 | +0.220% | $88K | $144K | 100x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8217 | +0.215% | $32K | $27K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8240 | +0.250% | $9.0M | $34.1M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8166 | +0.141% | $495K | $1.0M | 50x | as long as short |
| Gate XCU_USDTlong | 0.0000% | 8h | 6.8070 | long leg | $1.3M | $528K | 100x | |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8240 | +0.250% | $26.0M | $5.0M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8240 | +0.250% | $2.9M | $2.0M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8103 | +0.049% | $751K | $1.4M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8110 | +0.059% | $86K | $2.4M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.8230 | +0.235% | — | $6.4M | 20x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX COPPER-USDT | 0.0000% | 4h | 6.8170 | +0.147% | $61K | $24K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8220 | +0.220% | $4.2M | $83K | 100x | as long as short |
| gTrade (Gains Network) HG/USDshort | L +0.0002% / S −0.0001% | 1h | 6.8182 | +0.165% | $178K | — | 250x | |
| edgeX COPPERUSDC | +0.0012% | 4h | 6.8088 | +0.027% | $94K | $319K | 20x | as long as short |
| QFEX COPPER-USD | +0.0017% | 1h | 6.8220 | +0.220% | $1.5M | $128K | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8179 | +0.160% | — | $82K | 25x | as long as short |
| Phoenix COPPER | +0.0047% | 1h | 6.8061 | −0.013% | $45K | $22K | 20x | as long as short |
| Extended XCU-USD | +0.0048% | 1h | 6.8197 | +0.186% | $272K | $2.3M | 20x | as long as short |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.8197 | +0.187% | $10.6M | $5.0M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8178 | +0.159% | $4K | $5K | 20x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8189 | +0.174% | $2K | $1K | 5x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8181 | +0.163% | $57K | $55K | 15x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8174 | +0.153% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8220 | +0.220% | $278K | $37K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8270 | +0.294% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8190 | +0.176% | $312 | — | 10x | as long as short |
| Lighter XCU | +0.0168% | 1h | 6.8325 | +0.375% | $478K | $26K | 20x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0358% | 1h | 6.8207 | +0.202% | $34K | $177K | 20x | as long as short |
Gate XCU_USDT
gTrade (Gains Network) HG/USD
BloFin COPPER-USDT
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
MEXC COPPER_USDT
Bitget COPPERUSDT
Variational Omni COPPER
GRVT COPPER_USDT_Perp
SunX COPPER-USDT
HTX COPPER-USDT
Phemex COPPERUSDT
edgeX COPPERUSDC
Phoenix COPPER
Extended XCU-USD
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Paradex XCU-USD-PERP
Pacifica COPPER
KuCoin COPPERUSDTM
Lighter XCU
Kraken Futures PF_XCUUSD