Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.015%
Price spread now: GRVT against Binance+0.026%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$260.264% of the position
Funding, last 7 days+0.080%+$8 on $10k
+Price spread, last 7 days0.000%$0 · spread now +0.026%, 7d avg +0.023%
=Together, before fees+0.080%+ Points / potential airdropGRVT: Active · farm board+$8 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COPPERUSDT | 6.8282 | 0 | get 0.0000% / 4h | 2h 37m | $9.2M | $33.1M | 100x |
| Short | GRVT COPPER_USDT_Perp | 6.8300 | 0 | get 0.0000% / 4h | 2h 37m | $90K | $2.2M | 25x |
Binance COPPERUSDT
GRVT COPPER_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.026% → +0.023%
- $0.29
- Slippage, 4 orders
- −$7.45
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$26.16
- Costs to cover
- 0.264%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; GRVT: live order book, 1 min ago.
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 Binance live order book, 4 min ago | 0.73 bp | 5.7 bp −$6 | 9.7 bp −$97 | 48.6 bp −$4,863 | doesn't fit |
| Sell GRVT live order book, 1 min ago | 1.47 bp | 9.0 bp −$9 | 15.4 bp −$154 | doesn't fit | doesn't fit |
COPPER on 28 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XCUUSD | −0.0480% | 1h | 6.8272 | −0.015% | $35K | $176K | 20x | as long as short |
| BloFin COPPER-USDT | −0.0036% | 4h | 6.8290 | +0.011% | $88K | $138K | 100x | as long as short |
| tradeXYZ xyz:COPPER | −0.0009% | 1h | 6.8257 | −0.037% | $10.6M | $4.9M | 20x | as long as short |
| QFEX COPPER-USD | −0.0001% | 1h | 6.8280 | −0.003% | $1.5M | $130K | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8296 | +0.020% | $32K | $27K | 50x | as long as short |
| Binance COPPERUSDTlong | 0.0000% | 4h | 6.8282 | long leg | $9.2M | $33.1M | 100x | |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8256 | −0.039% | $491K | $970K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.8090 | −0.282% | $1.3M | $525K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8280 | −0.003% | $26.8M | $4.6M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8270 | −0.018% | $2.8M | $1.9M | 100x | as long as short |
Kraken Futures PF_XCUUSD
BloFin COPPER-USDT
tradeXYZ xyz:COPPER
QFEX COPPER-USD
Aster XCUUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Bitget COPPERUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni COPPER | 0.0000% | 4h | 6.8314 | +0.046% | $741K | $1.4M | — | as long as short |
| GRVT COPPER_USDT_Perpshort | 0.0000% | 4h | 6.8300 | +0.026% | $90K | $2.2M | 25x | |
| SunX COPPER-USDT | 0.0000% | 4h | 6.8270 | −0.018% | — | $6.6M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | 6.8320 | +0.055% | $61K | $24K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8150 | −0.194% | $4.2M | $80K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.8281 | −0.002% | $178K | — | 250x | as long as short |
| edgeX COPPERUSDC | +0.0009% | 4h | 6.8277 | −0.008% | $95K | $318K | 20x | as long as short |
| Phoenix COPPER | +0.0023% | 1h | 6.8345 | +0.092% | $45K | $23K | 20x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.8377 | +0.139% | $478K | $40K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.8288 | +0.009% | $276K | $2.5M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8283 | +0.001% | — | $82K | 25x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8268 | −0.021% | $2K | $2K | 5x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8260 | −0.033% | $904 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8235 | −0.069% | $57K | $55K | 15x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8288 | +0.009% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8300 | +0.026% | $278K | $35K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8330 | +0.070% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8278 | −0.007% | $312 | — | 10x | as long as short |
Variational Omni COPPER
SunX COPPER-USDT
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
edgeX COPPERUSDC
Phoenix COPPER
Lighter XCU
Extended XCU-USD
Vest HG-PERP
Paradex XCU-USD-PERP
SoDEX COPPER-USD
Ondo Perps COPPER-USD.P
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP