Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.019%
Price spread now: MEXC against GRVT−0.088%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$170.175% of the position
Funding, last 7 days−0.087%−$9 on $10k
+Price spread, last 7 days+0.057%+$6 · spread now −0.088%, 7d avg −0.027%
=Together, before fees−0.030%+ Points / potential airdropGRVT: Active · farm board−$3 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: MEXC is 0.061% cheaper against GRVT than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT COPPER_USDT_Perp | 6.8330 | 0 | get 0.0000% / 4h | 40m 56s | $91K | $2.1M | 25x |
| Short | MEXC COPPER_USDT | 6.8270 | 0 | get 0.0000% / 4h | 40m 56s | $26.0M | $4.2M | 100x |
GRVT COPPER_USDT_Perp
MEXC COPPER_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- Price spread: −0.088% → −0.027%
- −$6.11
- Slippage, 4 orders
- −$8.46
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$23.58
- Costs to cover
- 0.175%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 3 min ago; MEXC: live order book, 3 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, 3 min ago | 0.73 bp | 6.6 bp −$7 | 13.5 bp −$135 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.73 bp | 1.0 bp −$1 | 3.4 bp −$34 | 9.8 bp −$975 | 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 | −0.0050% | 4h | 6.8290 | −0.059% | $88K | $144K | 100x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.8289 | −0.060% | $32K | $27K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.8281 | −0.072% | $9.0M | $32.5M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.8250 | −0.117% | $473K | $954K | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.8100 | −0.337% | $1.3M | $495K | 100x | as long as short |
| MEXC COPPER_USDTshort | 0.0000% | 4h | 6.8270 | −0.088% | $26.0M | $4.2M | 100x | |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8280 | −0.073% | $1.7M | $987K | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.8272 | −0.084% | $743K | $1.4M | — | as long as short |
| GRVT COPPER_USDT_Perplong | 0.0000% | 4h | 6.8330 | long leg | $91K | $2.1M | 25x | |
| SunX COPPER-USDT | 0.0000% | 4h | 6.8280 | −0.073% | — | $6.7M | 20x | as long as short |
BloFin COPPER-USDT
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_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 | 6.8310 | −0.029% | $61K | $24K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.8150 | −0.263% | $4.2M | $76K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.8266 | −0.094% | $178K | — | 250x | as long as short |
| QFEX COPPER-USD | +0.0009% | 1h | 6.8260 | −0.102% | $1.5M | $129K | 20x | as long as short |
| edgeX COPPERUSDC | +0.0020% | 4h | 6.8330 | 0.000% | $95K | $317K | 20x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.8391 | +0.089% | $477K | $40K | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.8264 | −0.097% | — | $82K | 25x | as long as short |
| Paradex XCU-USD-PERP | +0.0050% | 8h | 6.8256 | −0.108% | $2K | $2K | 5x | as long as short |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.8255 | −0.110% | $10.5M | $4.8M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.8257 | −0.107% | $904 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8336 | +0.009% | $57K | $55K | 15x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.8275 | −0.081% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.8230 | −0.146% | $258K | $21K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8340 | +0.015% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.8276 | −0.079% | $312 | — | 10x | as long as short |
| Phoenix COPPER | +0.0164% | 1h | 6.8274 | −0.082% | $45K | $23K | 20x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0291% | 1h | 6.8244 | −0.125% | $35K | $176K | 20x | as long as short |
| Extended XCU-USD | +0.0768% | 1h | 6.8261 | −0.101% | $242K | $2.8M | 20x | as long as short |
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
QFEX COPPER-USD
edgeX COPPERUSDC
Lighter XCU
Vest HG-PERP
Paradex XCU-USD-PERP
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Ondo Perps COPPER-USD.P
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Phoenix COPPER
Kraken Futures PF_XCUUSD
Extended XCU-USD