After costs, if the gap returns to its 7d average, $10k−$109
spread now−0.174%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 | Kraken Futures PF_XCUUSD | 6.7658 | 0.0390 | pay 0.0049% / 1h | 51m 07s | $26K | $65K | 20x |
| Short | Gate XCU_USDT | 6.7540 | 0 | get 0.0000% / 8h | 6h 51m | $1.3M | $518K | 100x |
Kraken Futures PF_XCUUSD
Gate XCU_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
- −$17.38
- Funding while held
- −$11.69
- Slippage, 4 orders
- −$68.53
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$122.6
- Spread needed to break even
- 0.935%
Slippage from Kraken Futures: live order book, 53 min ago; Gate: live order book, 3 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 Kraken Futures live order book, 53 min ago | 11.07 bp | 29.4 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 3.70 bp | 17.3 bp −$17 | 191.0 bp −$1,910 | doesn't fit | doesn't fit |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7540cheapest
tradeXYZ6.7604+0.095%Phoenix6.7613+0.108%OKX6.7627+0.129%SoDEX6.7628+0.130%Pacifica6.7647+0.158%Ondo Perps6.7648+0.160%Vest6.7649+0.161%Extended6.7653+0.168%gTrade (Gains Network)6.7656+0.171%
tradeXYZ
Phoenix
OKX
SoDEX
Pacifica
Ondo Perps
Vest
Extended
gTrade (Gains Network)Kraken Futures6.7658+0.174%
Variational Omni6.7668+0.190%Aster6.7670+0.192%HTX6.7670+0.192%edgeX6.7671+0.193%Paradex6.7671+0.193%QFEX6.7680+0.207%Binance6.7690+0.222%MEXC6.7690+0.222%KuCoin6.7690+0.222%SunX6.7690+0.222%Aevo6.7692+0.225%Bitget6.7700+0.237%BloFin6.7700+0.237%Orderly6.7740+0.296%Lighter6.7751+0.312%Phemex6.7770+0.341%
Variational Omni
Aster
HTX
Paradex
QFEX
Binance
MEXC
KuCoin
SunX
Aevo
Bitget
BloFin
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_USDTshort | −0.174% | 0.0000% | 8h | $1.3M | $518K | 100x | |
| tradeXYZ xyz:COPPER | −0.079% | −0.0150% | 1h | $10.5M | $5.7M | 20x | as long as short |
| Phoenix COPPER | −0.066% | +0.0106% | 1h | $43K | $28K | 20x | as long as short |
| OKX XCU-USDT-SWAP | −0.045% | 0.0000% | 8h | $539K | $1.1M | 50x | as long as short |
| SoDEX COPPER-USD | −0.044% | +0.0050% | 1h | $896 | $3K | 20x | as long as short |
| Pacifica COPPER | −0.016% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
| Ondo Perps COPPER-USD.P | −0.014% | +0.0050% | 1h | $62K | $21K | 15x | as long as short |
| Vest HG-PERP | −0.013% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| Extended XCU-USD | −0.007% | +0.0032% | 1h | $258K | $2.7M | 20x | as long as short |
| gTrade (Gains Network) HG/USD | −0.003% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | 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% | +0.0390% | 1h | $26K | $65K | 20x | |
| Variational Omni COPPER | +0.015% | 0.0000% | 4h | $747K | $1.5M | — | as long as short |
| Aster XCUUSDT | +0.018% | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| HTX COPPER-USDT | +0.018% | 0.0000% | 4h | $60K | $28K | 75x | as long as short |
| edgeX COPPERUSDC | +0.019% | −0.0007% | 4h | $93K | $317K | 20x | as long as short |
| Paradex XCU-USD-PERP | +0.019% | +0.0052% | 8h | $1K | $3K | 5x | as long as short |
| QFEX COPPER-USD | +0.033% | +0.0043% | 1h | $1.5M | $94K | 20x | as long as short |
| Binance COPPERUSDT | +0.048% | 0.0000% | 4h | $9.0M | $34.0M | 100x | as long as short |
| MEXC COPPER_USDT | +0.048% | 0.0000% | 4h | $25.6M | $4.0M | 100x | as long as short |
| KuCoin COPPERUSDTM | +0.048% | +0.0100% | 4h | $257K | $25K | 50x | as long as short |
| SunX COPPER-USDT | +0.048% | 0.0000% | 4h | — | $7.9M | 20x | as long as short |
| Aevo COPPER-PERP | +0.050% | +0.0104% | 1h | $309 | — | 10x | as long as short |
| Bitget COPPERUSDT | +0.063% | +0.0080% | 4h | $1.6M | $1.0M | 100x | as long as short |
| BloFin COPPER-USDT | +0.063% | −0.0050% | 4h | $89K | $134K | 100x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.122% | +0.0100% | 8h | $3K | — | 10x | as long as short |
| Lighter XCU | +0.138% | +0.0144% | 1h | $473K | $43K | 20x | as long as short |
| Phemex COPPERUSDT | +0.166% | 0.0000% | 4h | $4.2M | $75K | 100x | as long as short |