After costs, if the gap returns to its 7d average, $10k−$61
spread now+0.148%7d average+0.072%fees + slippage, in and out−$69spread needed0.690%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XCU_USDT | 6.7560 | 0 | get 0.0000% / 8h | 7h 05m | $1.3M | $517K | 100x |
| Short | Bitget COPPERUSDT | 6.7660 | 0.0052 | get 0.0026% / 4h | 3h 05m | $1.7M | $1.0M | 100x |
Gate XCU_USDT
Bitget COPPERUSDTPrice 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
- $14.8
- Funding while held
- $1.56
- Slippage, 4 orders
- −$41.97
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$52.61
- Spread needed to break even
- 0.690%
Slippage from Gate: live order book, 3 min ago; Bitget: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0052%
- Per $10,000 a day
- +$1.56
- 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 Gate live order book, 3 min ago | 3.70 bp | 27.3 bp −$27 | 99.9 bp −$999 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 0.74 bp | 11.8 bp −$12 | 24.0 bp −$240 | 75.9 bp −$7,586 | doesn't fit |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7560cheapest
tradeXYZ6.7604+0.065%SoDEX6.7606+0.068%OKX6.7608+0.071%gTrade (Gains Network)6.7614+0.081%Vest6.7617+0.084%Extended6.7619+0.088%Phoenix6.7641+0.120%Pacifica6.7643+0.122%MEXC6.7660+0.148%KuCoin6.7660+0.148%
tradeXYZ
SoDEX
OKX
gTrade (Gains Network)
Vest
Extended
Phoenix
Pacifica
MEXC
KuCoinBitget6.7660+0.148%
Binance6.7663+0.153%Aster6.7670+0.163%SunX6.7670+0.163%BloFin6.7670+0.163%Aevo6.7674+0.169%Paradex6.7675+0.170%Kraken Futures6.7677+0.173%QFEX6.7680+0.178%Variational Omni6.7691+0.195%HTX6.7700+0.207%Ondo Perps6.7707+0.218%edgeX6.7712+0.225%Phemex6.7730+0.252%Lighter6.7745+0.274%Orderly6.7750+0.281%
Binance
Aster
SunX
BloFin
Aevo
Paradex
Kraken Futures
QFEX
Variational Omni
HTX
Ondo Perps
Phemex
Lighter
OrderlyCOPPER on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XCU_USDTlong | 0.000% | 0.0000% | 8h | $1.3M | $517K | 100x | |
| tradeXYZ xyz:COPPER | +0.065% | +0.0050% | 1h | $10.4M | $5.6M | 20x | as long as short |
| SoDEX COPPER-USD | +0.068% | +0.0050% | 1h | $895 | $3K | 20x | as long as short |
| OKX XCU-USDT-SWAP | +0.071% | 0.0000% | 8h | $538K | $1.1M | 50x | as long as short |
| gTrade (Gains Network) HG/USD | +0.081% | L +0.0002% / S −0.0001% | 1h | $175K | — | 250x | as long as short |
| Vest HG-PERP | +0.084% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| Extended XCU-USD | +0.088% | +0.0032% | 1h | $258K | $2.7M | 20x | as long as short |
| Phoenix COPPER | +0.120% | +0.0059% | 1h | $43K | $28K | 20x | as long as short |
| Pacifica COPPER | +0.122% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
| MEXC COPPER_USDT | +0.148% | 0.0000% | 4h | $25.7M | $4.0M | 100x | as long as short |