After costs, if the gap returns to its 7d average, $10k−$141
spread now0.000%7d average−0.051%fees + slippage, in and out−$146spread needed1.461%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin COPPERUSDTM | 6.7770 | 0.0100 | pay 0.0050% / 4h | 1h 17m | $258K | $25K | 50x |
| Short | QFEX COPPER-USD | 6.7770 | 0.0007 | get 0.0001% / 1h | 17m 51s | $1.5M | $91K | 20x |
KuCoin COPPERUSDTM
QFEX COPPER-USDPrice 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
- $0
- Funding while held
- −$2.79
- Slippage, 4 orders
- −$124.13
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$148.93
- Spread needed to break even
- 1.461%
Slippage from KuCoin: live order book, 10 min ago; QFEX: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0093%
- Per $10,000 a day
- −$2.79
- 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, 10 min ago | 14.75 bp | 48.8 bp −$49 | 386.5 bp −$3,865 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 2.21 bp | 10.1 bp −$10 | 12.0 bp −$120 | doesn't fit | doesn't fit |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7650cheapestOKX6.7691+0.061%tradeXYZ6.7750+0.148%Vest6.7751+0.149%SoDEX6.7751+0.149%gTrade (Gains Network)6.7755+0.155%Phoenix6.7757+0.158%Extended6.7761+0.164%Pacifica6.7770+0.177%
Gate
OKX
tradeXYZ
Vest
SoDEX
gTrade (Gains Network)
Phoenix
Extended
PacificaQFEX6.7770+0.177%
KuCoin6.7770+0.177%
SunX6.7770+0.177%BloFin6.7770+0.177%Kraken Futures6.7772+0.181%Aster6.7774+0.184%Paradex6.7776+0.186%Aevo6.7778+0.189%MEXC6.7780+0.192%Binance6.7782+0.196%Bitget6.7790+0.207%Phemex6.7790+0.207%edgeX6.7792+0.211%Variational Omni6.7797+0.218%Ondo Perps6.7799+0.220%HTX6.7800+0.222%Orderly6.7850+0.296%Lighter6.7887+0.350%
SunX
BloFin
Kraken Futures
Aster
Paradex
Aevo
MEXC
Binance
Bitget
Phemex
Variational Omni
Ondo Perps
HTX
Orderly
LighterCOPPER on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XCU_USDT | −0.177% | 0.0000% | 8h | $1.3M | $524K | 100x | as long as short |
| OKX XCU-USDT-SWAP | −0.117% | 0.0000% | 8h | $541K | $1.1M | 50x | as long as short |
| tradeXYZ xyz:COPPER | −0.030% | −0.0066% | 1h | $10.5M | $5.8M | 20x | as long as short |
| Vest HG-PERP | −0.028% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| SoDEX COPPER-USD | −0.028% | +0.0050% | 1h | $897 | $3K | 20x | as long as short |
| gTrade (Gains Network) HG/USD | −0.023% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
| Phoenix COPPER | −0.019% | −0.0036% | 1h | $43K | $28K | 20x | as long as short |
| Extended XCU-USD | −0.013% | +0.0032% | 1h | $265K | $2.9M | 20x | as long as short |
| Pacifica COPPER | 0.000% | +0.0100% | 1h | $25K | $11K | 10x | as long as short |
| QFEX COPPER-USDshort | 0.000% | +0.0007% | 1h | $1.5M | $91K | 20x |