After costs, if the gap returns to its 7d average, $10k−$78
spread now+0.172%7d average+0.014%fees + slippage, in and out−$94spread needed0.935%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XCU_USDT | 6.7540 | 0 | get 0.0000% / 8h | 6h 49m | $1.3M | $518K | 100x |
| Short | Kraken Futures PF_XCUUSD | 6.7656 | 0.0390 | get 0.0049% / 1h | 49m 54s | $26K | $61K | 20x |
Gate XCU_USDT
Kraken Futures PF_XCUUSDPrice 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
- $17.23
- Funding while held
- $11.69
- Slippage, 4 orders
- −$68.53
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$64.62
- Spread needed to break even
- 0.935%
Slippage from Gate: live order book, 4 min ago; Kraken Futures: live order book, 54 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0390%
- Per $10,000 a day
- +$11.69
- 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, 4 min ago | 3.70 bp | 23.6 bp −$24 | 98.9 bp −$989 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 54 min ago | 11.07 bp | 23.2 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7540cheapest
tradeXYZ6.7608+0.101%Phoenix6.7613+0.108%OKX6.7626+0.127%SoDEX6.7630+0.133%Ondo Perps6.7648+0.160%Vest6.7655+0.170%
tradeXYZ
Phoenix
OKX
SoDEX
Ondo Perps
VestKraken Futures6.7656+0.172%
gTrade (Gains Network)6.7660+0.177%Pacifica6.7662+0.180%Extended6.7664+0.183%Aster6.7670+0.192%edgeX6.7671+0.193%QFEX6.7680+0.207%Paradex6.7684+0.212%Binance6.7690+0.222%MEXC6.7690+0.222%KuCoin6.7690+0.222%Bitget6.7690+0.222%SunX6.7690+0.222%Aevo6.7695+0.229%Variational Omni6.7698+0.234%BloFin6.7700+0.237%HTX6.7720+0.267%Orderly6.7740+0.296%Lighter6.7750+0.311%Phemex6.7770+0.341%
gTrade (Gains Network)
Pacifica
Extended
Aster
QFEX
Paradex
Binance
MEXC
KuCoin
Bitget
SunX
Aevo
Variational Omni
BloFin
HTX
Orderly
Lighter
PhemexCOPPER 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 | $518K | 100x | |
| tradeXYZ xyz:COPPER | +0.101% | −0.0166% | 1h | $10.5M | $5.7M | 20x | as long as short |
| Phoenix COPPER | +0.108% | +0.0106% | 1h | $43K | $28K | 20x | as long as short |
| OKX XCU-USDT-SWAP | +0.127% | 0.0000% | 8h | $539K | $1.1M | 50x | as long as short |
| SoDEX COPPER-USD | +0.133% | +0.0050% | 1h | $896 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.160% | +0.0050% | 1h | $62K | $21K | 15x | as long as short |
| Vest HG-PERP | +0.170% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| Kraken Futures PF_XCUUSDshort | +0.172% | +0.0390% | 1h | $26K | $61K | 20x | |
| gTrade (Gains Network) HG/USD | +0.177% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
| Pacifica COPPER | +0.180% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |