Funding you earn now, next payment 09:00 UTC+0.0001%/8h= +0.2% APRpaid last 24h +0.012%
Price spread now: gTrade (Gains Network) against GRVT−0.064%52s7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$4594.586% of the position
Funding, last 1 day (all we have)+0.049%+$5 on $10k
+Price spread, last 4 days (all we have)+0.191%+$19 · spread now −0.064%, 7d avg −0.024%
=Together, before fees+0.240%+ Points / potential airdropGRVT: Active · farm board+$24 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: gTrade (Gains Network) is 0.040% cheaper against GRVT than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.024%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT COPPER_USDT_Perp | 6.8400 | 0 | get 0.0000% / 4h | 3h 00m | $91K | $2.4M | 25x |
| Short | gTrade (Gains Network) HG/USD | 6.8356 | L +0.0002% / S −0.0001% | get 0.0000% / 1h | 0m 51s | $178K | — | 250x |
GRVT COPPER_USDT_Perp
gTrade (Gains Network) HG/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against GRVT. 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
- $0.3
- Price spread: −0.064% → −0.024%
- −$4.04
- Slippage, 4 orders
- −$439.64
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$462.37
- Costs to cover
- 4.586%
- Break-even
- 10679.2 days
Slippage from GRVT: live order book, 2 min ago; gTrade (Gains Network): virtual book (oracle venue), 63 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 GRVT live order book, 2 min ago | 0.73 bp | 6.4 bp −$6 | 19.3 bp −$193 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 63 min ago | 130.01 bp | 213.6 bp −$214 | 1617.5 bp −$16.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin COPPER-USDT | −0.0028% | 4h | 6.8350 | −0.073% | $88K | $152K | 100x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8341 | −0.086% | $32K | $28K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8330 | −0.102% | $9.0M | $33.3M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8282 | −0.173% | $499K | $987K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.8160 | −0.351% | $1.3M | $513K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.8330 | −0.102% | $26.0M | $5.8M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8320 | −0.117% | $2.9M | $1.6M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8322 | −0.114% | $765K | $1.3M | — | as long as short |
| GRVT COPPER_USDT_Perplong | 0.0000% | 4h | 6.8400 | long leg | $91K | $2.4M | 25x | |
| SunX COPPER-USDT | 0.0000% | 4h | 6.8360 | −0.058% | — | $5.5M | 20x | as long as short |
BloFin COPPER-USDT
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Bitget COPPERUSDT
Variational Omni COPPER
SunX COPPER-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX COPPER-USDT | 0.0000% | 4h | 6.8400 | 0.000% | $61K | $54K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8230 | −0.249% | $4.2M | $82K | 100x | as long as short |
| gTrade (Gains Network) HG/USDshort | L +0.0002% / S −0.0001% | 1h | 6.8356 | −0.064% | $178K | — | 250x | |
| edgeX COPPERUSDC | +0.0013% | 4h | 6.8394 | −0.009% | $95K | $320K | 20x | as long as short |
| QFEX COPPER-USD | +0.0018% | 1h | 6.8360 | −0.058% | $1.5M | $144K | 20x | as long as short |
| Extended XCU-USD | +0.0032% | 1h | 6.8290 | −0.161% | $273K | $1.7M | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8323 | −0.113% | — | $36K | 25x | as long as short |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.8291 | −0.159% | $10.8M | $4.1M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8306 | −0.137% | $905 | $6K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8392 | −0.012% | $57K | $53K | 15x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8351 | −0.072% | $2K | $1K | 5x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0076% | 1h | 6.8332 | −0.099% | $34K | $178K | 20x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8353 | −0.069% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8320 | −0.117% | $266K | $39K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8410 | +0.015% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8343 | −0.084% | $312 | — | 10x | as long as short |
| Phoenix COPPER | +0.0129% | 1h | 6.8360 | −0.058% | $45K | $22K | 20x | as long as short |
| Lighter XCU | +0.0152% | 1h | 6.8436 | +0.053% | $479K | $27K | 20x | as long as short |
HTX COPPER-USDT
Phemex COPPERUSDT
edgeX COPPERUSDC
QFEX COPPER-USD
Extended XCU-USD
Vest HG-PERP
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Ondo Perps COPPER-USD.P
Paradex XCU-USD-PERP
Kraken Futures PF_XCUUSD
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Phoenix COPPER
Lighter XCU