After costs, if the gap returns to its 7d average, $10k−$37
spread now−0.034%7d average−0.040%fees + slippage, in and out−$38spread needed0.380%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:COPPER | 6.7708 | 0.0050 | pay 0.0006% / 1h | 19m 32s | $10.4M | $5.6M | 20x |
| Short | OKX XCU-USDT-SWAP | 6.7685 | 0 | get 0.0000% / 8h | 19m 32s | $541K | $1.1M | 50x |
tradeXYZ xyz:COPPER
OKX XCU-USDT-SWAPPrice 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
- −$3.4
- Funding while held
- −$1.5
- Slippage, 4 orders
- −$9.99
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$42.89
- Spread needed to break even
- 0.380%
Slippage from tradeXYZ: live order book, 11 min ago; OKX: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0050%
- Per $10,000 a day
- −$1.50
- 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 tradeXYZ live order book, 11 min ago | 0.67 bp | 10.6 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.81 bp | 10.0 bp −$10 | 29.0 bp −$290 | doesn't fit | doesn't fit |
COPPER price on every exchange
against the cheapest. Click to use as the short leg.Gate6.7630cheapest
GateOKX6.7685+0.081%
Extended6.7707+0.113%
ExtendedtradeXYZ6.7708+0.115%
Pacifica6.7710+0.118%Vest6.7711+0.120%gTrade (Gains Network)6.7711+0.120%SoDEX6.7712+0.121%Ondo Perps6.7719+0.132%Phoenix6.7726+0.142%Paradex6.7730+0.147%QFEX6.7730+0.148%MEXC6.7740+0.163%BloFin6.7740+0.163%Binance6.7748+0.174%Aevo6.7748+0.175%SunX6.7750+0.177%Aster6.7752+0.180%Kraken Futures6.7755+0.184%edgeX6.7758+0.189%Variational Omni6.7759+0.191%KuCoin6.7760+0.192%Bitget6.7760+0.192%HTX6.7770+0.207%Phemex6.7770+0.207%Orderly6.7820+0.281%Lighter6.7832+0.299%
Pacifica
Vest
gTrade (Gains Network)
SoDEX
Ondo Perps
Phoenix
Paradex
QFEX
MEXC
BloFin
Binance
Aevo
SunX
Aster
Kraken Futures
Variational Omni
KuCoin
Bitget
HTX
Phemex
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 | −0.115% | 0.0000% | 8h | $1.3M | $517K | 100x | as long as short |
| OKX XCU-USDT-SWAPshort | −0.034% | 0.0000% | 8h | $541K | $1.1M | 50x | |
| Extended XCU-USD | −0.002% | +0.0032% | 1h | $276K | $2.7M | 20x | as long as short |
| tradeXYZ xyz:COPPERlong | 0.000% | +0.0050% | 1h | $10.4M | $5.6M | 20x | |
| Pacifica COPPER | +0.002% | +0.0100% | 1h | $25K | $12K | 10x | as long as short |
| Vest HG-PERP | +0.004% | +0.0046% | 1h | — | $82K | 25x | as long as short |
| gTrade (Gains Network) HG/USD | +0.004% | L +0.0002% / S −0.0001% | 1h | $176K | — | 250x | as long as short |
| SoDEX COPPER-USD | +0.006% | +0.0050% | 1h | $897 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.016% | +0.0050% | 1h | $63K | $14K | 15x | as long as short |
| Phoenix COPPER | +0.027% | +0.0130% | 1h | $43K | $28K | 20x | as long as short |