After costs, if the gap returns to its 7d average, $10k−$11
spread now+0.044%7d average+0.009%fees + slippage, in and out−$15spread needed0.150%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC COPPER_USDT | 6.7630 | 0 | get 0.0000% / 4h | 2h 42m | $25.3M | $4.1M | 100x |
| Short | BloFin COPPER-USDT | 6.7660 | −0.0051 | pay 0.0026% / 4h | 2h 42m | $89K | $133K | 100x |
MEXC COPPER_USDT
BloFin COPPER-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
- $4.44
- Funding while held
- −$1.54
- Slippage, 4 orders
- −$2.95
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$12.06
- Spread needed to break even
- 0.150%
Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 51 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0051%
- Per $10,000 a day
- −$1.54
- 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 MEXC live order book, 3 min ago | 0.74 bp | 0.7 bp −$1 | 2.2 bp −$22 | 8.1 bp −$813 | 365.2 bp −$182.6K |
| Sell BloFin live order book, 51 min ago | 0.74 bp | 6.7 bp −$7 | 6.8 bp −$68 | 33.1 bp −$3,308 | doesn't fit |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7540cheapesttradeXYZ6.7572+0.047%SoDEX6.7594+0.080%OKX6.7597+0.084%Phoenix6.7606+0.098%gTrade (Gains Network)6.7617+0.113%Vest6.7617+0.114%Pacifica6.7624+0.124%Extended6.7625+0.126%
Gate
tradeXYZ
SoDEX
OKX
Phoenix
gTrade (Gains Network)
Vest
Pacifica
ExtendedMEXC6.7630+0.133%
Binance6.7640+0.148%Ondo Perps6.7640+0.148%QFEX6.7640+0.148%Bitget6.7640+0.148%SunX6.7640+0.148%Aevo6.7646+0.157%Paradex6.7647+0.159%KuCoin6.7650+0.163%Kraken Futures6.7658+0.175%Aster6.7659+0.176%
Binance
Ondo Perps
QFEX
Bitget
SunX
Aevo
Paradex
KuCoin
Kraken Futures
AsterBloFin6.7660+0.178%
edgeX6.7664+0.183%Variational Omni6.7667+0.189%HTX6.7700+0.237%Lighter6.7727+0.277%Orderly6.7730+0.281%Phemex6.7730+0.281%
Variational Omni
HTX
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_USDT | −0.133% | 0.0000% | 8h | $1.3M | $518K | 100x | as long as short |
| tradeXYZ xyz:COPPER | −0.086% | −0.0199% | 1h | $10.5M | $5.7M | 20x | as long as short |
| SoDEX COPPER-USD | −0.053% | +0.0050% | 1h | $895 | $3K | 20x | as long as short |
| OKX XCU-USDT-SWAP | −0.049% | 0.0000% | 8h | $539K | $1.1M | 50x | as long as short |
| Phoenix COPPER | −0.035% | +0.0106% | 1h | $43K | $28K | 20x | as long as short |
| gTrade (Gains Network) HG/USD | −0.020% | L +0.0002% / S −0.0001% | 1h | $175K | — | 250x | as long as short |
| Vest HG-PERP | −0.019% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| Pacifica COPPER | −0.009% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
| Extended XCU-USD | −0.007% | +0.0032% | 1h | $258K | $2.7M | 20x | as long as short |
| MEXC COPPER_USDTlong | 0.000% | 0.0000% | 4h | $25.3M | $4.1M | 100x |