Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.055%
Price spread now: MEXC against Gate+0.294%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$680.679% of the position
Funding, last 7 days−0.277%−$28 on $10k
+Price spread, last 7 days−0.252%−$25 · spread now +0.294%, 7d avg +0.074%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.220% dearer against Gate than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XCU_USDT | 6.8060 | 0 | get 0.0000% / 8h | 5h 26m | $1.3M | $491K | 100x |
| Short | MEXC COPPER_USDT | 6.8260 | 0 | get 0.0000% / 4h | 1h 26m | $26.1M | $4.2M | 100x |
Gate XCU_USDT
MEXC COPPER_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- Price spread: +0.294% → +0.074%
- $21.97
- Slippage, 4 orders
- −$52.87
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$45.9
- Costs to cover
- 0.679%
- Break-even
- never at this rate
Slippage from Gate: live order book, just now; MEXC: 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 Gate live order book, just now | 2.20 bp | 30.0 bp −$30 | 100.1 bp −$1,001 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.73 bp | 0.8 bp −$1 | 3.1 bp −$31 | 9.5 bp −$954 | 253.5 bp −$126.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX COPPER-USD | 0.0000% | 1h | 6.8230 | +0.250% | $1.5M | $129K | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8260 | +0.294% | $32K | $21K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8264 | +0.299% | $9.1M | $32.4M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8224 | +0.241% | $470K | $946K | 50x | as long as short |
| Gate XCU_USDTlong | 0.0000% | 8h | 6.8060 | long leg | $1.3M | $491K | 100x | |
| MEXC COPPER_USDTshort | 0.0000% | 4h | 6.8260 | +0.294% | $26.1M | $4.2M | 100x | |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8280 | +0.323% | $1.7M | $984K | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8181 | +0.178% | $742K | $1.4M | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8215 | +0.227% | $94K | $2.1M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.8230 | +0.250% | — | $6.7M | 20x | as long as short |
QFEX COPPER-USD
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Bitget COPPERUSDT
Variational Omni COPPER
GRVT COPPER_USDT_Perp
SunX COPPER-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX COPPER-USDT | 0.0000% | 4h | 6.8230 | +0.250% | $61K | $24K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8070 | +0.015% | $4.2M | $75K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.8219 | +0.233% | $178K | — | 250x | as long as short |
| edgeX COPPERUSDC | +0.0003% | 4h | 6.8180 | +0.176% | $94K | $320K | 20x | as long as short |
| Phoenix COPPER | +0.0012% | 1h | 6.8188 | +0.188% | $45K | $23K | 20x | as long as short |
| BloFin COPPER-USDT | +0.0012% | 4h | 6.8230 | +0.250% | $88K | $143K | 100x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8215 | +0.228% | — | $82K | 25x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8238 | +0.262% | $2K | $2K | 5x | as long as short |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.8233 | +0.254% | $10.5M | $4.8M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8219 | +0.234% | $903 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8138 | +0.115% | $57K | $55K | 15x | as long as short |
| Lighter XCU | +0.0072% | 1h | 6.8363 | +0.445% | $478K | $39K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8244 | +0.270% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8250 | +0.279% | $259K | $21K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8300 | +0.353% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8235 | +0.258% | $312 | — | 10x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0195% | 1h | 6.8239 | +0.263% | $32K | $176K | 20x | as long as short |
| Extended XCU-USD | +0.0680% | 1h | 6.8238 | +0.261% | $227K | $2.8M | 20x | as long as short |
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
edgeX COPPERUSDC
Phoenix COPPER
BloFin COPPER-USDT
Vest HG-PERP
Paradex XCU-USD-PERP
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Ondo Perps COPPER-USD.P
Lighter XCU
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Kraken Futures PF_XCUUSD
Extended XCU-USD