Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG6.5030+0.0240pay 0.0120% / 4h3h 56m$425K$68K100xLong BloFin
SHORT6.5945+0.0420get 0.1261% / 24h13h 56m$230K$187K7.8xShort Kalshi
Price gap+1.407%60s
Funding gap+0.0180% /8h

Funding pays +$5 a day on $10k, but the gap is 0.109% under its 7d average: −$11 if it goes back, about 2.0 days of funding. At the last 7 days' pace that is about 25 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$3+0.0180% /8h now · paid +0.031% over the last 7D
Price—spread +1.407%60s now · prices read too far apart to compare
Costs−$180.182% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+1.407%
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 31 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • OK: Fits both order books8.5 / 1.3 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$100 + $1,274
    BloFin 100x, Kalshi 7.8x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 24h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$5.41Long BloFin: 6 payments, −$7.20; short Kalshi: 1 payment, +$12.61.
  • Watch: Prices read 60 s apart+1.407% vs +1.516%
    Part of this gap may be the market moving.
  • Watch: Short leg is thinner$230K vs $425K OI
    Kalshi sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBloFin Limited · Kalshi Yes
    A US-regulated exchange: full KYC (ID, address, SSN when asked) before any trade.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0015%/8h × 21 periods+$3.07
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$5.76
Fee BloFin bp × 2 orders−$12.00
Fee Kalshi bp × 2 orders−$0.48
Net · 7 days · $10k−$15.17
price spread not counted: prices read too far apart
Costs to cover0.182%Break-even41.6 days
Slippage: BloFin: live order book, 28 min ago; Kalshi: live order book, 31 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBloFin1.548.5 bp−$910.7 bp−$10739.4 bp−$3,939doesn’t fit
SELL · SHORTKalshi0.611.3 bp−$15.9 bp−$59doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

COPPER news

posts that mention COPPER or Copper, from every exchangeSearch all news →
10-22 12:00KuCoinOtherKuCoin TradFi now offers 170+ perpetual contract pairs across eight categories, giving eligible users 24/7 access to contracts referencing US, Hong Kong, and South Korean equities, metals, and other commodities. The lineup covers names like Tesla, NVIDIA, Micron, and SanDisk, plus crude oil, natural gas, copper, and silver, all settled in USDT. For VIP1+ users, the Unified Trading Account supports TradFi futures in one shared framework, and KCUSD can be used as margin while it keeps earning rewards. Explore the full lineup on the KuCoin Blog 👇 @kucoincom on X ↗
10-13 00:00KalshiOtherJUST IN: Copper is trading near a record high @Kalshi on X ↗
10-10 15:02Ondo PerpsOtherThe most in-demand markets trade 24/7 as perpetuals, weekends included: ▸ Intel ▸ XRP ▸ Gold ▸ AMD ▸ Meta ▸ Tesla ▸ Ondo ▸ Silver ▸ Circle ▸ Apple ▸ Zcash ▸ Netflix ▸ CXMT ▸ TSMC ▸ PURR ▸ DRAM ▸ Oracle ▸ Micron ▸ Bitcoin ▸ US100 ▸ US500 ▸ Nebius ▸ Solana ▸ Ethena ▸ Marvell ▸ Unitree ▸ Copper ▸ NVIDIA ▸ BitMine ▸ Alibaba ▸ Palantir ▸ Corning ▸ SpaceX ▸ Sandisk ▸ Amazon ▸ Zhipu AI ▸ MiniMax ▸ Strategy ▸ SK hynix ▸ Moderna ▸ Alphabet ▸ Microsoft ▸ Semis 3x ▸ Cerebras ▸ USD/JPY ▸ Samsung ▸ Coinbase ▸ Take-Two ▸ Ethereum ▸ Broadcom ▸ Lumentum ▸ BlackBerry ▸ Robinhood ▸ Hyperliquid ▸ CoreWeave ▸ Natural Gas ▸ Arm Holdings ▸ S&P 500 ETF ▸ WTI Crude Oil ▸ Brent Crude Oil ▸ South Korea 3x ▸ Nasdaq 100 ETF ▸ South Korea ETF ▸ Uranium Miners ETF Alongside always-on spot markets: ▸ Tesla ▸ Circle ▸ DRAM ▸ Micron ▸ NVIDIA ▸ SpaceX ▸ Sandisk ▸ Alphabet ▸ Gold ETF ▸ OPAIPon ▸ Silver ETF ▸ S&P 500 ETF ▸ Nasdaq 100 ETF All on a single platform. @OndoPerps on X ↗
10-06 13:32KalshiListingnew market KXCOPPERPERP ($COPPER) seen by our collector
09-29 14:40Variational OmniListingA swap for Copper $COPP is now live with zero fees, up to 10x leverage, and direct TradFi liquidity. @variational_io on X ↗
09-23 04:09BitgetOtherCopper 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 ↗