COPPER

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	GRVTCOPPER_USDT_Perp	6.6300	+0.0294	pay 0.0147% / 4h	11m 23s	$99K	$641K	25x	Long GRVT
SHORT	BingXNCCO724COPPER2USD-USDT	6.6260	+0.0006	get 0.0003% / 4h	11m 23s	$931K	$1.8M	—	Short BingX

Price gap−0.060%

Funding gap−0.0288% /8h

Both sides work against this direction now: funding costs $9 a day on $10k and the gap is 0.044% under its 7d average. Swap the legs.

If you open now and hold

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

Funding−$51−0.0288% /8h now · paid −0.511% over the last 7D

Price−$4spread −0.060% now, avg −0.016% → −0.044% if it goes back

Costs−$330.334% of $10k · taker + slippage, in and out

Result−$89−0.89%+ Points / potential airdropGRVT: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…

Price spread

Prices

Fundingper 8h

P&L

PRICE SPREAD · 7D

Now−0.060%

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 interest10.4 / 6.9 bp
$10k is over 10% of GRVT’s open interest.
Note: Margin at max leverage$400 + —
GRVT 25x, BingX —. 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: −$8.64Long GRVT: 6 payments, −$8.82; short BingX: 6 payments, +$0.18.
Watch: Gap narrower than usual−0.060% vs −0.016%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$99K 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: KYCGRVT No · BingX Yes
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 spread−0.060% → −0.016% (7d avg)−$4.44

Slippage, 4 orderslive order books−$14.39

Fee GRVT bp × 2 orders−$9.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k−$88.92

Costs to cover0.334%Break-evennever at this rate

Slippage: GRVT: live order book, 66 min ago; BingX: live order book, 15 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGGRVT0.7510.4 bp−$1019.8 bp−$198doesn’t fitdoesn’t fit

SELL · SHORTBingX1.516.9 bp−$710.9 bp−$10920.3 bp−$2,031154.5 bp−$77.2K

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 ↗