After costs, if the gap returns to its 7d average, $10k−$72
spread now+0.034%7d average+0.048%fees + slippage, in and out−$71spread needed0.708%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XCUUSD | 6.7647 | 0.0390 | pay 0.0049% / 1h | 27m 55s | $26K | $55K | 20x |
| Short | BloFin COPPER-USDT | 6.7670 | 0.0044 | get 0.0022% / 4h | 2h 27m | $89K | $134K | 100x |
Kraken Futures PF_XCUUSD
BloFin COPPER-USDTPrice 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
- $3.36
- Funding while held
- −$10.35
- Slippage, 4 orders
- −$48.79
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$77.78
- Spread needed to break even
- 0.708%
Slippage from Kraken Futures: live order book, 76 min ago; BloFin: live order book, just now.
Cost of waiting
funding view- Funding /8h
- −0.0345%
- Per $10,000 a day
- −$10.35
- 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 Kraken Futures live order book, 76 min ago | 11.07 bp | 29.4 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, just now | 0.74 bp | 11.4 bp −$11 | 13.7 bp −$137 | 50.1 bp −$5,006 | doesn't fit |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7520cheapesttradeXYZ6.7570+0.074%SoDEX6.7577+0.084%OKX6.7606+0.127%gTrade (Gains Network)6.7610+0.133%Extended6.7613+0.138%Vest6.7614+0.139%KuCoin6.7620+0.148%Bitget6.7620+0.148%Binance6.7630+0.163%MEXC6.7630+0.163%SunX6.7630+0.163%Phoenix6.7635+0.170%edgeX6.7635+0.171%Aevo6.7636+0.171%Aster6.7636+0.171%Variational Omni6.7639+0.176%Pacifica6.7644+0.184%
Gate
tradeXYZ
SoDEX
OKX
gTrade (Gains Network)
Extended
Vest
KuCoin
Bitget
Binance
MEXC
SunX
Phoenix
Aevo
Aster
Variational Omni
PacificaKraken Futures6.7647+0.188%
QFEX6.7650+0.193%Paradex6.7660+0.208%Ondo Perps6.7662+0.210%
QFEX
Paradex
Ondo PerpsBloFin6.7670+0.222%
HTX6.7680+0.237%Orderly6.7690+0.252%Lighter6.7719+0.295%Phemex6.7750+0.341%
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_USDT | −0.188% | 0.0000% | 8h | $1.3M | $519K | 100x | as long as short |
| tradeXYZ xyz:COPPER | −0.114% | −0.0183% | 1h | $10.5M | $5.7M | 20x | as long as short |
| SoDEX COPPER-USD | −0.104% | +0.0050% | 1h | $895 | $3K | 20x | as long as short |
| OKX XCU-USDT-SWAP | −0.061% | 0.0000% | 8h | $539K | $1.1M | 50x | as long as short |
| gTrade (Gains Network) HG/USD | −0.056% | L +0.0002% / S −0.0001% | 1h | $175K | — | 250x | as long as short |
| Extended XCU-USD | −0.050% | +0.0032% | 1h | $258K | $2.7M | 20x | as long as short |
| Vest HG-PERP | −0.049% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| KuCoin COPPERUSDTM | −0.040% | +0.0100% | 4h | $257K | $25K | 50x | as long as short |
| Bitget COPPERUSDT | −0.040% | +0.0092% | 4h | $1.6M | $1.0M | 100x | as long as short |
| Binance COPPERUSDT | −0.026% | 0.0000% | 4h | $9.0M | $34.1M | 100x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC COPPER_USDT | −0.026% | 0.0000% | 4h | $25.3M | $4.1M | 100x | as long as short |
| SunX COPPER-USDT | −0.026% | 0.0000% | 4h | — | $7.9M | 20x | as long as short |
| Phoenix COPPER | −0.018% | +0.0106% | 1h | $43K | $28K | 20x | as long as short |
| edgeX COPPERUSDC | −0.018% | −0.0014% | 4h | $92K | $318K | 20x | as long as short |
| Aevo COPPER-PERP | −0.017% | +0.0104% | 1h | $309 | — | 10x | as long as short |
| Aster XCUUSDT | −0.017% | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| Variational Omni COPPER | −0.013% | 0.0000% | 4h | $749K | $1.5M | — | as long as short |
| Pacifica COPPER | −0.005% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
| Kraken Futures PF_XCUUSDlong | 0.000% | +0.0390% | 1h | $26K | $55K | 20x | |
| QFEX COPPER-USD | +0.004% | +0.0043% | 1h | $1.5M | $94K | 20x | as long as short |
| Paradex XCU-USD-PERP | +0.019% | +0.0051% | 8h | $1K | $3K | 5x | as long as short |
| Ondo Perps COPPER-USD.P | +0.022% | +0.0050% | 1h | $62K | $21K | 15x | as long as short |
| BloFin COPPER-USDTshort | +0.034% | +0.0044% | 4h | $89K | $134K | 100x | |
| HTX COPPER-USDT | +0.048% | 0.0000% | 4h | $60K | $28K | 75x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.063% | +0.0100% | 8h | $3K | — | 10x | as long as short |
| Lighter XCU | +0.106% | +0.0080% | 1h | $473K | $44K | 20x | as long as short |
| Phemex COPPERUSDT | +0.152% | 0.0000% | 4h | $4.2M | $76K | 100x | as long as short |