Funding you earn now, next payment 12:00 UTC+0.0098%/8h= +10.7% APRpaid last 24h +0.045%
Price spread now: KuCoin against gTrade (Gains Network)+0.057%60s7-day average +0.018% · 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—prices read too far apart to compare
costs, in and out, $10k−$5675.671% of the position
Funding, last 2 days (all we have)+0.053%+$5 on $10k
+Price spread, last 4 days (all we have)−0.125%−$12 · spread now +0.057%, 7d avg +0.018%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.039% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.018%. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) HG/USD | 6.8441 | L +0.0002% / S −0.0001% | pay 0.0000% / 1h | 7m 25s | $178K | — | 250x |
| Short | KuCoin COPPERUSDTM | 6.8480 | 0.0100 | get 0.0050% / 4h | 7m 25s | $251K | $43K | 50x |
gTrade (Gains Network) HG/USD
KuCoin COPPERUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against gTrade (Gains Network). 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
- $20.6
- Price spread: +0.057% → +0.018%
- $3.88
- Slippage, 4 orders
- −$545.1
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$542.61
- Costs to cover
- 5.671%
- Break-even
- 191.3 days
Slippage from gTrade (Gains Network): virtual book (oracle exchange), 35 min ago; KuCoin: live order book, 16 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 gTrade (Gains Network) virtual book (oracle exchange), 35 min ago | 130.00 bp | 229.7 bp −$230 | 1613.4 bp −$16.1K | 13153.2 bp −$1.32M | doesn't fit |
| Sell KuCoin live order book, 16 min ago | 14.60 bp | 67.0 bp −$67 | 448.1 bp −$4,481 | doesn't fit | doesn't fit |
COPPER on 28 exchanges
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 | −0.0018% | 4h | 6.8480 | +0.057% | $90K | $158K | 100x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8490 | +0.072% | $28K | $41K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8484 | +0.063% | $9.2M | $32.9M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8389 | −0.076% | $534K | $806K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.8280 | −0.235% | $1.3M | $174K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8480 | +0.057% | $25.6M | $5.9M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8470 | +0.042% | $3.9M | $2.2M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8456 | +0.022% | $780K | $560K | — | as long as short |
| GRVT COPPER_USDT_Perp | 0.0000% | 4h | 6.8498 | +0.084% | $91K | $2.3M | 25x | as long as short |
| SunX COPPER-USDT | 0.0000% | 4h | 6.8480 | +0.057% | — | $4.4M | 20x | as long as short |
BloFin COPPER-USDT
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Bitget COPPERUSDT
Variational Omni COPPER
GRVT COPPER_USDT_Perp
SunX COPPER-USDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX COPPER-USDT | 0.0000% | 4h | 6.8500 | +0.086% | $61K | $61K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8390 | −0.075% | $4.2M | $84K | 100x | as long as short |
| QFEX COPPER-USD | +0.0001% | 1h | 6.8470 | +0.042% | $1.5M | $151K | 20x | as long as short |
| gTrade (Gains Network) HG/USDlong | L +0.0002% / S −0.0001% | 1h | 6.8441 | long leg | $178K | — | 250x | |
| edgeX COPPERUSDC | +0.0002% | 4h | 6.8461 | +0.030% | $95K | $320K | 20x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.8568 | +0.186% | $480K | $27K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.8452 | +0.017% | $268K | $1.7M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8447 | +0.009% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.8458 | +0.025% | $10.9M | $3.6M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8458 | +0.025% | $907 | $6K | 20x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8457 | +0.024% | $2K | $825 | 5x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8403 | −0.056% | $59K | $54K | 15x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8462 | +0.030% | $25K | $13K | 10x | as long as short |
| KuCoin COPPERUSDTMshort | +0.0100% | 4h | 6.8480 | +0.057% | $251K | $43K | 50x | |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8530 | +0.130% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8469 | +0.041% | $313 | — | 10x | as long as short |
| Phoenix COPPER | +0.0140% | 1h | 6.8485 | +0.064% | $44K | $11K | 20x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0181% | 1h | 6.8469 | +0.040% | $34K | $180K | 20x | as long as short |
HTX COPPER-USDT
Phemex COPPERUSDT
QFEX COPPER-USD
edgeX COPPERUSDC
Lighter XCU
Extended XCU-USD
Vest HG-PERP
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Paradex XCU-USD-PERP
Ondo Perps COPPER-USD.P
Pacifica COPPER
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Phoenix COPPER
Kraken Futures PF_XCUUSD