After costs, if the gap returns to its 7d average, $10k−$47
spread now+0.002%7d average−0.043%fees + slippage, in and out−$52spread needed0.515%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XCU-USD | 6.8174 | 0.0352 | pay 0.0044% / 1h | 26m 11s | $405K | $2.0M | 20x |
| Short | tradeXYZ xyz:COPPER | 6.8175 | 0.0050 | get 0.0006% / 1h | 26m 11s | $10.5M | $5.3M | 20x |
Extended XCU-USD
tradeXYZ xyz:COPPERPrice 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
- $0.16
- Funding while held
- −$9.06
- Slippage, 4 orders
- −$28.52
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$60.43
- Spread needed to break even
- 0.515%
Slippage from Extended: live order book, 4 min ago; tradeXYZ: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0302%
- Per $10,000 a day
- −$9.06
- 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 Extended live order book, 4 min ago | 3.95 bp | 13.9 bp −$14 | 71.1 bp −$711 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 0.88 bp | 10.7 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.gTrade (Gains Network)6.8169cheapestGate6.8170+0.002%
gTrade (Gains Network)
GateExtended6.8174+0.008%
tradeXYZ6.8175+0.009%
Vest6.8190+0.031%Pacifica6.8191+0.032%Variational Omni6.8192+0.034%QFEX6.8200+0.046%Aevo6.8209+0.059%SoDEX6.8211+0.062%OKX6.8218+0.072%Aster6.8218+0.073%Paradex6.8218+0.073%Binance6.8220+0.075%MEXC6.8220+0.075%SunX6.8220+0.075%Phemex6.8220+0.075%Bitget6.8230+0.090%Phoenix6.8239+0.103%edgeX6.8245+0.111%BloFin6.8250+0.119%Kraken Futures6.8265+0.141%Orderly6.8270+0.149%HTX6.8270+0.149%Ondo Perps6.8271+0.150%KuCoin6.8320+0.222%Lighter6.8342+0.254%
Vest
Pacifica
Variational Omni
QFEX
Aevo
SoDEX
OKX
Aster
Paradex
Binance
MEXC
SunX
Phemex
Bitget
Phoenix
BloFin
Kraken Futures
Orderly
HTX
Ondo Perps
KuCoin
LighterCOPPER on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HG/USD | −0.008% | L +0.0002% / S −0.0001% | 1h | $307K | — | 250x | as long as short |
| Gate XCU_USDT | −0.006% | 0.0000% | 8h | $1.3M | $488K | 100x | as long as short |
| Extended XCU-USDlong | 0.000% | +0.0352% | 1h | $405K | $2.0M | 20x | |
| tradeXYZ xyz:COPPERshort | +0.002% | +0.0050% | 1h | $10.5M | $5.3M | 20x | |
| Vest HG-PERP | +0.024% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| Pacifica COPPER | +0.025% | +0.0100% | 1h | $26K | $9K | 10x | as long as short |
| Variational Omni COPPER | +0.026% | 0.0000% | 4h | $811K | $1.3M | — | as long as short |
| QFEX COPPER-USD | +0.038% | +0.0057% | 1h | $1.5M | $39K | 20x | as long as short |
| Aevo COPPER-PERP | +0.052% | +0.0104% | 1h | $312 | — | 10x | as long as short |
| SoDEX COPPER-USD | +0.054% | +0.0050% | 1h | $903 | $3K | 20x | as long as short |