After costs, if the gap returns to its 7d average, $10k−$167
spread now−0.177%7d average−0.099%fees + slippage, in and out−$159spread needed1.593%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin COPPERUSDTM | 6.7660 | 0.0100 | pay 0.0050% / 4h | 2h 47m | $257K | $25K | 50x |
| Short | Gate XCU_USDT | 6.7540 | 0 | get 0.0000% / 8h | 6h 47m | $1.3M | $518K | 100x |
KuCoin COPPERUSDTM
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
- −$17.74
- Funding while held
- −$3
- Slippage, 4 orders
- −$132.32
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$180.06
- Spread needed to break even
- 1.593%
Slippage from KuCoin: live order book, 60 min ago; Gate: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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 KuCoin live order book, 60 min ago | 14.01 bp | 43.6 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 3.70 bp | 16.1 bp −$16 | 206.9 bp −$2,069 | doesn't fit | doesn't fit |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7540cheapest
tradeXYZ6.7590+0.074%OKX6.7622+0.121%SoDEX6.7628+0.130%Extended6.7635+0.141%Pacifica6.7639+0.147%Phoenix6.7650+0.163%Vest6.7651+0.164%gTrade (Gains Network)6.7652+0.167%
tradeXYZ
OKX
SoDEX
Extended
Pacifica
Phoenix
Vest
gTrade (Gains Network)KuCoin6.7660+0.178%
Kraken Futures6.7661+0.179%Paradex6.7662+0.181%Aster6.7670+0.192%edgeX6.7671+0.193%Ondo Perps6.7672+0.195%QFEX6.7680+0.207%MEXC6.7680+0.207%Bitget6.7680+0.207%Binance6.7683+0.211%Aevo6.7684+0.213%SunX6.7690+0.222%Variational Omni6.7698+0.234%HTX6.7720+0.267%BloFin6.7720+0.267%Lighter6.7740+0.296%Orderly6.7740+0.296%Phemex6.7770+0.341%
Kraken Futures
Paradex
Aster
Ondo Perps
QFEX
MEXC
Bitget
Binance
Aevo
SunX
Variational Omni
HTX
BloFin
Lighter
Orderly
PhemexCOPPER on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XCU_USDTshort | −0.177% | 0.0000% | 8h | $1.3M | $518K | 100x | |
| tradeXYZ xyz:COPPER | −0.103% | −0.0186% | 1h | $10.5M | $5.7M | 20x | as long as short |
| OKX XCU-USDT-SWAP | −0.056% | 0.0000% | 8h | $539K | $1.1M | 50x | as long as short |
| SoDEX COPPER-USD | −0.047% | +0.0050% | 1h | $896 | $3K | 20x | as long as short |
| Extended XCU-USD | −0.037% | +0.0032% | 1h | $258K | $2.7M | 20x | as long as short |
| Pacifica COPPER | −0.030% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
| Phoenix COPPER | −0.015% | +0.0106% | 1h | $43K | $28K | 20x | as long as short |
| Vest HG-PERP | −0.013% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| gTrade (Gains Network) HG/USD | −0.011% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
| KuCoin COPPERUSDTMlong | 0.000% | +0.0100% | 4h | $257K | $25K | 50x |