data as of
Settings8H · net · $10k
Price arb /

COPPER

RWAall COPPER markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$146
spread now−0.058%7d average−0.057%fees + slippage, in and out−$146spread needed1.461%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin COPPERUSDTM6.77800.0100pay 0.0050% / 4h1h 04m$258K$25K50x
ShortOKX XCU-USDT-SWAP6.77410get 0.0000% / 8h5h 04m$542K$1.1M50x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$5.75
Funding while held
−$3
Slippage, 4 orders
−$124.06
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$154.81
Spread needed to break even
1.461%
Slippage from KuCoin: live order book, 24 min ago; OKX: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 24 min ago14.75 bp48.8 bp −$49386.5 bp −$3,865doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago0.07 bp8.9 bp −$930.1 bp −$301doesn't fitdoesn't fit

COPPER price on every exchange

against the cheapest. Click to use as the short leg.

COPPER on 27 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Gate XCU_USDT−0.162%0.0000%8h$1.3M$524K100xas long as short
OKX XCU-USDT-SWAPshort−0.058%0.0000%8h$542K$1.1M50x
tradeXYZ xyz:COPPER−0.010%−0.0013%1h$10.5M$5.8M20xas long as short
Vest HG-PERP−0.009%+0.0046%1h$82K25xas long as short
Extended XCU-USD−0.004%+0.0032%1h$239K$2.9M20xas long as short
gTrade (Gains Network) HG/USD−0.004%L +0.0002% / S −0.0001%1h$176K250xas long as short
KuCoin COPPERUSDTMlong0.000%+0.0100%4h$258K$25K50x
SoDEX COPPER-USD0.000%+0.0050%1h$898$3K20xas long as short
Kraken Futures PF_XCUUSD+0.001%+0.0596%1h$26K$46K20xas long as short
Phoenix COPPER+0.013%−0.0036%1h$45K$28K20xas long as short
Show all 27 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BloFin COPPER-USDT+0.015%0.0000%4h$89K$140K100xas long as short
Aster XCUUSDT+0.024%0.0000%4h$32K$52K50xas long as short
Paradex XCU-USD-PERP+0.026%+0.0050%8h$1K$3K5xas long as short
QFEX COPPER-USD+0.030%+0.0007%1h$1.5M$89K20xas long as short
Phemex COPPERUSDT+0.030%0.0000%4h$4.2M$79K100xas long as short
Pacifica COPPER+0.036%+0.0100%1h$25K$11K10xas long as short
Variational Omni COPPER+0.040%0.0000%4h$768K$1.6Mas long as short
edgeX COPPERUSDC+0.040%−0.0008%4h$93K$318K20xas long as short
Aevo COPPER-PERP+0.042%+0.0104%1h$31010xas long as short
Binance COPPERUSDT+0.044%0.0000%4h$9.0M$34.5M100xas long as short
Ondo Perps COPPER-USD.P+0.044%+0.0050%1h$62K$21K15xas long as short
MEXC COPPER_USDT+0.044%0.0000%4h$25.5M$4.1M100xas long as short
Bitget COPPERUSDT+0.044%+0.0060%4h$1.7M$1.0M100xas long as short
SunX COPPER-USDT+0.044%0.0000%4h$7.9M20xas long as short
Orderly PERP_COPPER_USDC_mythos+0.118%+0.0100%8h$3K10xas long as short
Lighter XCU+0.177%+0.0032%1h$475K$46K20xas long as short
HTX COPPER-USDT+0.177%0.0000%4h$60K$28K75xas long as short