After costs, if the gap returns to its 7d average, $10k−$77
spread now+0.037%7d average+0.025%fees + slippage, in and out−$79spread needed0.787%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XCUUSD | 6.7790 | 0.0189 | pay 0.0024% / 1h | 36m 00s | $26K | $124K | 20x |
| Short | edgeX COPPERUSDC | 6.7815 | −0.0011 | pay 0.0006% / 4h | 3h 36m | $93K | $317K | 20x |
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
- $3.71
- Funding while held
- −$6
- Slippage, 4 orders
- −$59.73
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$81.03
- Spread needed to break even
- 0.787%
Slippage from Kraken Futures: live order book, 8 min ago; edgeX: live order book, 9 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0200%
- Per $10,000 a day
- −$6.00
- 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, 8 min ago | 11.07 bp | 29.4 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 9 min ago | 7.37 bp | 13.0 bp −$13 | 25.3 bp −$253 | doesn't fit | doesn't fit |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7700cheapestOKX6.7755+0.081%SoDEX6.7775+0.111%tradeXYZ6.7776+0.112%Vest6.7777+0.114%Extended6.7781+0.119%Ondo Perps6.7781+0.120%gTrade (Gains Network)6.7784+0.124%Phoenix6.7788+0.130%Pacifica6.7788+0.130%
Gate
OKX
SoDEX
tradeXYZ
Vest
Extended
Ondo Perps
gTrade (Gains Network)
Phoenix
PacificaKraken Futures6.7790+0.133%
Aster6.7790+0.133%KuCoin6.7800+0.148%QFEX6.7810+0.162%Phemex6.7810+0.162%Paradex6.7811+0.164%Variational Omni6.7814+0.168%Binance6.7820+0.177%MEXC6.7820+0.177%Bitget6.7820+0.177%SunX6.7820+0.177%Aevo6.7822+0.180%BloFin6.7830+0.192%HTX6.7840+0.207%Lighter6.7888+0.278%Orderly6.7900+0.295%
Aster
KuCoin
QFEX
Phemex
Paradex
Variational Omni
Binance
MEXC
Bitget
SunX
Aevo
BloFin
HTX
Lighter
OrderlyCOPPER on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XCU_USDT | −0.133% | 0.0000% | 8h | $1.3M | $517K | 100x | as long as short |
| OKX XCU-USDT-SWAP | −0.052% | 0.0000% | 8h | $541K | $1.1M | 50x | as long as short |
| SoDEX COPPER-USD | −0.022% | +0.0050% | 1h | $897 | $3K | 20x | as long as short |
| tradeXYZ xyz:COPPER | −0.021% | +0.0050% | 1h | $10.4M | $5.6M | 20x | as long as short |
| Vest HG-PERP | −0.019% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| Extended XCU-USD | −0.013% | +0.0032% | 1h | $258K | $2.8M | 20x | as long as short |
| Ondo Perps COPPER-USD.P | −0.013% | +0.0050% | 1h | $63K | $14K | 15x | as long as short |
| gTrade (Gains Network) HG/USD | −0.009% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
| Phoenix COPPER | −0.003% | +0.0059% | 1h | $43K | $28K | 20x | as long as short |
| Pacifica COPPER | −0.003% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XCUUSDlong | 0.000% | +0.0189% | 1h | $26K | $124K | 20x | |
| Aster XCUUSDT | 0.000% | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| KuCoin COPPERUSDTM | +0.015% | +0.0240% | 4h | $258K | $25K | 50x | as long as short |
| QFEX COPPER-USD | +0.030% | +0.0011% | 1h | $1.5M | $51K | 20x | as long as short |
| Phemex COPPERUSDT | +0.030% | 0.0000% | 4h | $4.2M | $73K | 100x | as long as short |
| Paradex XCU-USD-PERP | +0.031% | +0.0050% | 8h | $1K | $3K | 5x | as long as short |
| Variational Omni COPPER | +0.035% | 0.0000% | 4h | $763K | $1.5M | — | as long as short |
| edgeX COPPERUSDCshort | +0.037% | −0.0011% | 4h | $93K | $317K | 20x | |
| Binance COPPERUSDT | +0.044% | 0.0000% | 4h | $9.0M | $33.7M | 100x | as long as short |
| MEXC COPPER_USDT | +0.044% | 0.0000% | 4h | $25.9M | $4.0M | 100x | as long as short |
| Bitget COPPERUSDT | +0.044% | 0.0000% | 4h | $1.7M | $1.0M | 100x | as long as short |
| SunX COPPER-USDT | +0.044% | 0.0000% | 4h | — | $7.9M | 20x | as long as short |
| Aevo COPPER-PERP | +0.047% | +0.0104% | 1h | $310 | — | 10x | as long as short |
| BloFin COPPER-USDT | +0.059% | +0.0058% | 4h | $89K | $132K | 100x | as long as short |
| HTX COPPER-USDT | +0.074% | 0.0000% | 4h | $60K | $29K | 75x | as long as short |
| Lighter XCU | +0.145% | +0.0064% | 1h | $475K | $42K | 20x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.162% | +0.0100% | 8h | $3K | — | 10x | as long as short |