After costs, if the gap returns to its 7d average, $10k−$126
spread now−0.015%7d average+0.040%fees + slippage, in and out−$120spread needed1.201%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC COPPER_USDT | 6.7700 | 0 | get 0.0000% / 4h | 3h 09m | $25.7M | $4.0M | 100x |
| Short | KuCoin COPPERUSDTM | 6.7690 | 0.0100 | get 0.0050% / 4h | 3h 09m | $257K | $25K | 50x |
MEXC COPPER_USDT
KuCoin COPPERUSDTMPrice 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
- −$1.48
- Funding while held
- $3
- Slippage, 4 orders
- −$108.15
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$118.63
- Spread needed to break even
- 1.201%
Slippage from MEXC: live order book, 1 min ago; KuCoin: live order book, 38 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 MEXC live order book, 1 min ago | 0.74 bp | 0.7 bp −$1 | 1.6 bp −$16 | 8.0 bp −$796 | 194.6 bp −$97.3K |
| Sell KuCoin live order book, 38 min ago | 14.01 bp | 75.0 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7580cheapestPhoenix6.7622+0.062%OKX6.7637+0.084%SoDEX6.7639+0.087%tradeXYZ6.7640+0.089%Vest6.7644+0.095%Extended6.7648+0.101%gTrade (Gains Network)6.7651+0.105%Ondo Perps6.7652+0.107%Pacifica6.7658+0.115%Bitget6.7670+0.133%Aster6.7671+0.134%edgeX6.7677+0.144%BloFin6.7680+0.148%Paradex6.7688+0.160%
Gate
Phoenix
OKX
SoDEX
tradeXYZ
Vest
Extended
gTrade (Gains Network)
Ondo Perps
Pacifica
Bitget
Aster
BloFin
ParadexKuCoin6.7690+0.163%
Variational Omni6.7691+0.165%Kraken Futures6.7696+0.171%Aevo6.7699+0.177%
Variational Omni
Kraken Futures
AevoMEXC6.7700+0.178%
SunX6.7700+0.178%Binance6.7707+0.188%QFEX6.7710+0.192%HTX6.7730+0.222%Phemex6.7750+0.252%Lighter6.7774+0.287%Orderly6.7780+0.296%
SunX
Binance
QFEX
HTX
Phemex
Lighter
OrderlyCOPPER 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 | $517K | 100x | as long as short |
| Phoenix COPPER | −0.115% | +0.0059% | 1h | $43K | $28K | 20x | as long as short |
| OKX XCU-USDT-SWAP | −0.093% | 0.0000% | 8h | $538K | $1.1M | 50x | as long as short |
| SoDEX COPPER-USD | −0.090% | +0.0050% | 1h | $896 | $3K | 20x | as long as short |
| tradeXYZ xyz:COPPER | −0.089% | +0.0050% | 1h | $10.4M | $5.6M | 20x | as long as short |
| Vest HG-PERP | −0.083% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| Extended XCU-USD | −0.077% | +0.0032% | 1h | $258K | $2.7M | 20x | as long as short |
| gTrade (Gains Network) HG/USD | −0.073% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
| Ondo Perps COPPER-USD.P | −0.071% | +0.0050% | 1h | $62K | $16K | 15x | as long as short |
| Pacifica COPPER | −0.062% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget COPPERUSDT | −0.044% | +0.0040% | 4h | $1.7M | $1.0M | 100x | as long as short |
| Aster XCUUSDT | −0.043% | 0.0000% | 4h | $32K | $52K | 50x | as long as short |
| edgeX COPPERUSDC | −0.033% | −0.0002% | 4h | $93K | $316K | 20x | as long as short |
| BloFin COPPER-USDT | −0.030% | −0.0040% | 4h | $89K | $133K | 100x | as long as short |
| Paradex XCU-USD-PERP | −0.017% | +0.0052% | 8h | $1K | $3K | 5x | as long as short |
| KuCoin COPPERUSDTMshort | −0.015% | +0.0100% | 4h | $257K | $25K | 50x | |
| Variational Omni COPPER | −0.013% | 0.0000% | 4h | $747K | $1.5M | — | as long as short |
| Kraken Futures PF_XCUUSD | −0.006% | +0.0189% | 1h | $26K | $73K | 20x | as long as short |
| Aevo COPPER-PERP | −0.001% | +0.0104% | 1h | $309 | — | 10x | as long as short |
| MEXC COPPER_USDTlong | 0.000% | 0.0000% | 4h | $25.7M | $4.0M | 100x | |
| SunX COPPER-USDT | 0.000% | 0.0000% | 4h | — | $7.9M | 20x | as long as short |
| Binance COPPERUSDT | +0.010% | 0.0000% | 4h | $9.0M | $34.0M | 100x | as long as short |
| QFEX COPPER-USD | +0.015% | +0.0011% | 1h | $1.5M | $51K | 20x | as long as short |
| HTX COPPER-USDT | +0.044% | 0.0000% | 4h | $60K | $29K | 75x | as long as short |
| Phemex COPPERUSDT | +0.074% | 0.0000% | 4h | $4.2M | $75K | 100x | as long as short |
| Lighter XCU | +0.109% | +0.0168% | 1h | $474K | $43K | 20x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.118% | +0.0100% | 8h | $3K | — | 10x | as long as short |