COPPER

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCCO724COPPER2USD-USDT	6.6340	−0.0100	get 0.0050% / 4h	46m 33s	$931K	$1.8M	—	Long BingX
SHORT	GRVTCOPPER_USDT_Perp	6.6389	+0.0258	get 0.0129% / 4h	46m 33s	$87K	$649K	25x	Short GRVT

Price gap+0.075%54s

Funding gap+0.0358% /8h

Both sides work: funding pays +$11 a day on $10k, and the gap is 0.059% above its 7d average: +$6 more if it goes back.

The two prices were read 54 s apart: part of this gap may be the market moving.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$51+0.0358% /8h now · paid +0.511% over the last 7D

Price—spread +0.075%54s now · prices read too far apart to compare

Costs−$330.330% of $10k · taker + slippage, in and out

Result—+ Points / potential airdropGRVT: points · farm boardneeds both prices read together

Price and funding

1h · loading 5m…

Price spread

Prices

Fundingper 8h

P&L

PRICE SPREAD · 7D

Now+0.075%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

COPPER on 29 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

Watch: Large against open interest6.5 / 9.5 bp
$10k is over 10% of GRVT’s open interest.
Note: Margin at max leverage— + $400
BingX —, GRVT 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval4h / 4h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$10.74Long BingX: 6 payments, +$3.00; short GRVT: 6 payments, +$7.74.
Watch: Prices read 54 s apart+0.075% vs +0.016%
Part of this gap may be the market moving.
Watch: Short leg is thinner$87K vs $931K OI
GRVT sets your exit cost. Check its book before closing.
OK: Points on a legGRVT points
Volume here counts toward the points program.
Watch: KYCBingX Yes · GRVT No
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0243%/8h × 21 periods+$51.09

Price spreadprices read too far apart to compare—

Slippage, 4 orderslive order books−$13.97

Fee BingX bp × 2 orders−$10.00

Fee GRVT bp × 2 orders−$9.00

Net · 7 days · $10k+$18.12

price spread not counted: prices read too far apart

Costs to cover0.330%Break-even4.5 days

Slippage: BingX: live order book, 10 min ago; GRVT: live order book, 31 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX1.516.5 bp−$79.1 bp−$9147.6 bp−$4,756274.6 bp−$137.3K

SELL · SHORTGRVT0.759.5 bp−$1028.7 bp−$287doesn’t fitdoesn’t fit

Closing costs about the same again.

COPPER news

posts that mention COPPER or Copper, from every exchangeSearch all news →

09-29 14:40	Variational Omni	Listing	A swap for Copper $COPP is now live with zero fees, up to 10x leverage, and direct TradFi liquidity. @variational_io on X ↗
09-23 04:09	Bitget	Other	Copper futures just hit a new ATH. Don’t miss the next alpha, follow @Bitget_TradFi for the moves that matter. Let #Bitget empower your next trade. @bitget on X ↗
09-18 03:36	HTX	Other	10 ideas. 3 in the spotlight! 👀 $SOL → Cleared $100 psychological resistance. Momentum continues. $COPPER → Spot at premium as geo tensions keep markets on edge. $MU → Long-term demand for chips and memory remains a key driver. What’s your next move? Trade the action 24/7 on @HTXFutures @HTX_Global on X ↗