After costs, if the gap returns to its 7d average, $10k−$85
spread now+0.174%7d average+0.123%fees + slippage, in and out−$91spread needed0.906%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XCU_USDT | 6.7660 | 0 | get 0.0000% / 8h | 5h 26m | $1.3M | $524K | 100x |
| Short | Extended XCU-USD | 6.7778 | 0.0032 | get 0.0004% / 1h | 26m 12s | $254K | $2.8M | 20x |
Gate XCU_USDT
Extended XCU-USDPrice 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
- $17.42
- Funding while held
- $0.96
- Slippage, 4 orders
- −$70.61
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$72.23
- Spread needed to break even
- 0.906%
Slippage from Gate: live order book, 2 min ago; Extended: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0032%
- Per $10,000 a day
- +$0.96
- 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, 2 min ago | 2.95 bp | 32.7 bp −$33 | 126.2 bp −$1,262 | doesn't fit | doesn't fit |
| Sell Extended live order book, 4 min ago | 0.07 bp | 11.4 bp −$11 | 77.7 bp −$777 | doesn't fit | doesn't fit |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7660cheapest
OKX6.7714+0.080%Vest6.7759+0.146%tradeXYZ6.7760+0.148%Phoenix6.7762+0.151%Ondo Perps6.7765+0.155%SoDEX6.7765+0.155%KuCoin6.7770+0.163%gTrade (Gains Network)6.7770+0.163%Kraken Futures6.7772+0.166%
OKX
Vest
tradeXYZ
Phoenix
Ondo Perps
SoDEX
KuCoin
gTrade (Gains Network)
Kraken FuturesExtended6.7778+0.174%
Aster6.7783+0.182%Paradex6.7784+0.183%Variational Omni6.7788+0.189%QFEX6.7790+0.192%MEXC6.7790+0.192%BloFin6.7790+0.192%Pacifica6.7791+0.193%Aevo6.7799+0.205%Binance6.7800+0.207%SunX6.7800+0.207%Phemex6.7800+0.207%Bitget6.7810+0.222%edgeX6.7818+0.233%HTX6.7820+0.236%Orderly6.7870+0.310%Lighter6.7899+0.353%
Aster
Paradex
Variational Omni
QFEX
MEXC
BloFin
Pacifica
Aevo
Binance
SunX
Phemex
Bitget
HTX
Orderly
LighterCOPPER 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 | $524K | 100x | |
| OKX XCU-USDT-SWAP | +0.080% | 0.0000% | 8h | $540K | $1.1M | 50x | as long as short |
| Vest HG-PERP | +0.146% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| tradeXYZ xyz:COPPER | +0.148% | −0.0112% | 1h | $10.5M | $5.8M | 20x | as long as short |
| Phoenix COPPER | +0.151% | −0.0036% | 1h | $43K | $28K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.155% | +0.0050% | 1h | $62K | $21K | 15x | as long as short |
| SoDEX COPPER-USD | +0.155% | +0.0050% | 1h | $897 | $3K | 20x | as long as short |
| KuCoin COPPERUSDTM | +0.163% | +0.0100% | 4h | $258K | $25K | 50x | as long as short |
| gTrade (Gains Network) HG/USD | +0.163% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
| Kraken Futures PF_XCUUSD | +0.166% | +0.0596% | 1h | $26K | $47K | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended XCU-USDshort | +0.174% | +0.0032% | 1h | $254K | $2.8M | 20x | |
| Aster XCUUSDT | +0.182% | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| Paradex XCU-USD-PERP | +0.183% | +0.0050% | 8h | $1K | $3K | 5x | as long as short |
| Variational Omni COPPER | +0.189% | 0.0000% | 4h | $765K | $1.5M | — | as long as short |
| QFEX COPPER-USD | +0.192% | +0.0007% | 1h | $1.5M | $91K | 20x | as long as short |
| MEXC COPPER_USDT | +0.192% | 0.0000% | 4h | $25.5M | $4.1M | 100x | as long as short |
| BloFin COPPER-USDT | +0.192% | +0.0001% | 4h | $89K | $140K | 100x | as long as short |
| Pacifica COPPER | +0.193% | +0.0100% | 1h | $25K | $11K | 10x | as long as short |
| Aevo COPPER-PERP | +0.205% | +0.0104% | 1h | $310 | — | 10x | as long as short |
| Binance COPPERUSDT | +0.207% | 0.0000% | 4h | $9.0M | $34.4M | 100x | as long as short |
| SunX COPPER-USDT | +0.207% | 0.0000% | 4h | — | $7.9M | 20x | as long as short |
| Phemex COPPERUSDT | +0.207% | 0.0000% | 4h | $4.2M | $79K | 100x | as long as short |
| Bitget COPPERUSDT | +0.222% | +0.0062% | 4h | $1.7M | $1.0M | 100x | as long as short |
| edgeX COPPERUSDC | +0.233% | −0.0015% | 4h | $93K | $316K | 20x | as long as short |
| HTX COPPER-USDT | +0.236% | 0.0000% | 4h | $60K | $28K | 75x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.310% | +0.0100% | 8h | $3K | — | 10x | as long as short |
| Lighter XCU | +0.353% | +0.0032% | 1h | $475K | $44K | 20x | as long as short |