After costs, if the gap returns to its 7d average, $10k−$40
spread now+0.073%7d average+0.029%fees + slippage, in and out−$45spread needed0.449%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX XCU-USDT-SWAP | 6.7581 | 0 | get 0.0000% / 8h | 6h 14m | $539K | $1.1M | 50x |
| Short | Bitget COPPERUSDT | 6.7630 | 0.0092 | get 0.0046% / 4h | 2h 14m | $1.6M | $1.0M | 100x |
OKX XCU-USDT-SWAP
Bitget COPPERUSDTPrice 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
- $7.25
- Funding while held
- $2.76
- Slippage, 4 orders
- −$22.85
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$34.84
- Spread needed to break even
- 0.449%
Slippage from OKX: live order book, 3 min ago; Bitget: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0092%
- Per $10,000 a day
- +$2.76
- 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 OKX live order book, 3 min ago | 1.11 bp | 13.6 bp −$14 | 25.8 bp −$258 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 0.74 bp | 10.4 bp −$10 | 22.2 bp −$222 | 67.6 bp −$6,757 | doesn't fit |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7510cheapesttradeXYZ6.7560+0.074%
Gate
tradeXYZOKX6.7581+0.105%
SoDEX6.7584+0.110%Phoenix6.7592+0.121%Vest6.7612+0.151%gTrade (Gains Network)6.7612+0.151%Pacifica6.7613+0.152%Extended6.7619+0.161%MEXC6.7620+0.163%KuCoin6.7620+0.163%edgeX6.7627+0.173%Kraken Futures6.7629+0.176%Binance6.7630+0.178%QFEX6.7630+0.178%
SoDEX
Phoenix
Vest
gTrade (Gains Network)
Pacifica
Extended
MEXC
KuCoin
Kraken Futures
Binance
QFEXBitget6.7630+0.178%
SunX6.7630+0.178%HTX6.7630+0.178%Ondo Perps6.7632+0.181%Aster6.7632+0.181%Aevo6.7635+0.185%Paradex6.7636+0.186%Variational Omni6.7641+0.194%BloFin6.7670+0.237%Orderly6.7700+0.281%Lighter6.7725+0.318%Phemex6.7770+0.385%
SunX
HTX
Ondo Perps
Aster
Aevo
Paradex
Variational Omni
BloFin
Orderly
Lighter
PhemexCOPPER on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XCU_USDT | −0.105% | 0.0000% | 8h | $1.3M | $520K | 100x | as long as short |
| tradeXYZ xyz:COPPER | −0.031% | −0.0177% | 1h | $10.5M | $5.7M | 20x | as long as short |
| OKX XCU-USDT-SWAPlong | 0.000% | 0.0000% | 8h | $539K | $1.1M | 50x | |
| SoDEX COPPER-USD | +0.004% | +0.0050% | 1h | $895 | $3K | 20x | as long as short |
| Phoenix COPPER | +0.016% | +0.0106% | 1h | $43K | $28K | 20x | as long as short |
| Vest HG-PERP | +0.046% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| gTrade (Gains Network) HG/USD | +0.046% | L +0.0002% / S −0.0001% | 1h | $175K | — | 250x | as long as short |
| Pacifica COPPER | +0.047% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
| Extended XCU-USD | +0.056% | +0.0032% | 1h | $258K | $2.7M | 20x | as long as short |
| MEXC COPPER_USDT | +0.058% | 0.0000% | 4h | $25.3M | $4.1M | 100x | as long as short |