After costs, if the gap returns to its 7d average, $10k−$58
spread now−0.163%7d average−0.111%fees + slippage, in and out−$53spread needed0.532%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COPPERUSDT | 6.7610 | 0 | get 0.0000% / 4h | 2h 19m | $9.0M | $34.2M | 100x |
| Short | Gate XCU_USDT | 6.7500 | 0 | get 0.0000% / 8h | 6h 19m | $1.3M | $519K | 100x |
Binance COPPERUSDT
Gate XCU_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
- −$16.27
- Funding while held
- $0
- Slippage, 4 orders
- −$28.21
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$69.48
- Spread needed to break even
- 0.532%
Slippage from Binance: live order book, 9 min ago; Gate: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Binance live order book, 9 min ago | 0.74 bp | 5.7 bp −$6 | 8.8 bp −$88 | 54.1 bp −$5,410 | doesn't fit |
| Sell Gate live order book, 4 min ago | 3.70 bp | 16.5 bp −$17 | 191.9 bp −$1,919 | doesn't fit | doesn't fit |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7500cheapest
tradeXYZ6.7549+0.073%OKX6.7559+0.087%SoDEX6.7560+0.089%Phoenix6.7584+0.124%Vest6.7588+0.130%gTrade (Gains Network)6.7588+0.131%Extended6.7594+0.139%Pacifica6.7597+0.144%MEXC6.7600+0.148%KuCoin6.7600+0.148%Bitget6.7600+0.148%Ondo Perps6.7604+0.154%
tradeXYZ
OKX
SoDEX
Phoenix
Vest
gTrade (Gains Network)
Extended
Pacifica
MEXC
KuCoin
Bitget
Ondo PerpsBinance6.7610+0.163%
SunX6.7610+0.163%Paradex6.7614+0.169%Aevo6.7615+0.170%Aster6.7616+0.172%QFEX6.7620+0.178%Variational Omni6.7621+0.179%Kraken Futures6.7625+0.185%edgeX6.7627+0.188%Orderly6.7670+0.252%HTX6.7670+0.252%BloFin6.7670+0.252%Lighter6.7705+0.304%Phemex6.7740+0.356%
SunX
Paradex
Aevo
Aster
QFEX
Variational Omni
Kraken Futures
Orderly
HTX
BloFin
Lighter
PhemexCOPPER on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XCU_USDTshort | −0.163% | 0.0000% | 8h | $1.3M | $519K | 100x | |
| tradeXYZ xyz:COPPER | −0.090% | −0.0170% | 1h | $10.5M | $5.7M | 20x | as long as short |
| OKX XCU-USDT-SWAP | −0.075% | 0.0000% | 8h | $539K | $1.1M | 50x | as long as short |
| SoDEX COPPER-USD | −0.074% | +0.0050% | 1h | $895 | $3K | 20x | as long as short |
| Phoenix COPPER | −0.038% | +0.0106% | 1h | $43K | $28K | 20x | as long as short |
| Vest HG-PERP | −0.033% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| gTrade (Gains Network) HG/USD | −0.032% | L +0.0002% / S −0.0001% | 1h | $175K | — | 250x | as long as short |
| Extended XCU-USD | −0.024% | +0.0032% | 1h | $258K | $2.7M | 20x | as long as short |
| Pacifica COPPER | −0.019% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
| MEXC COPPER_USDT | −0.015% | 0.0000% | 4h | $25.3M | $4.1M | 100x | as long as short |