COPPER

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.055%

Price spread now: GRVT against MEXC0.000%67s7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$3as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$160.157% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.123%+$12 on $10k

Price spread, last 4 days (all we have)+0.059%+$6 · spread now 0.000%, 7d avg +0.019%

Together, before fees+0.182%+ Points / potential airdropGRVT: Active · farm board+$18 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC COPPER_USDT	6.7990	0	get 0.0000% / 4h	2h 22m	$26.0M	$5.0M	100x
Short	GRVT COPPER_USDT_Perp	6.7990	0	get 0.0000% / 4h	2h 22m	$88K	$2.0M	25x

Funding history

latest

Range statsloading…

GRVT against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee MEXCbpFee GRVTbpOrdersPrice spread, now 0.000%Rate

Slippage from MEXC: live order book, 1 min ago; GRVT: live order book, 1 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 1 min ago	0.74 bp	0.7 bp −$1	1.6 bp −$16	8.1 bp −$808	244.0 bp −$122.0K
Sell GRVT live order book, 1 min ago	0.74 bp	9.0 bp −$9	17.5 bp −$175	doesn't fit	doesn't fit

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
Kraken Futures PF_XCUUSD	−0.1015%	1h	6.7929	−0.090%	$32K	$176K	20x	as long as short
tradeXYZ xyz:COPPER	−0.0134%	1h	6.7959	−0.046%	$10.4M	$4.8M	20x	as long as short
Aster XCUUSDT	0.0000%	4h	6.8009	+0.028%	$32K	$35K	50x	as long as short
Binance COPPERUSDT	0.0000%	4h	6.8002	+0.017%	$9.0M	$32.1M	100x	as long as short
OKX XCU-USDT-SWAP	0.0000%	8h	6.7996	+0.009%	$471K	$930K	50x	as long as short
Gate XCU_USDT	0.0000%	8h	6.7850	−0.206%	$1.3M	$478K	100x	as long as short
MEXC COPPER_USDTlong	0.0000%	4h	6.7990	long leg	$26.0M	$5.0M	100x
Bitget COPPERUSDT	0.0000%	4h	6.8020	+0.044%	$1.7M	$1.0M	100x	as long as short
Variational Omni COPPER	0.0000%	4h	6.7964	−0.039%	$741K	$1.4M	—	as long as short
GRVT COPPER_USDT_Perpshort	0.0000%	4h	6.7990	0.000%	$88K	$2.0M	25x

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX COPPER-USDT	0.0000%	4h	6.7970	−0.029%	—	$6.8M	20x	as long as short
HTX COPPER-USDT	0.0000%	4h	6.7990	0.000%	$61K	$26K	75x	as long as short
Phemex COPPERUSDT	0.0000%	4h	6.7920	−0.103%	$4.2M	$74K	100x	as long as short
gTrade (Gains Network) HG/USD	L +0.0002% / S −0.0001%	1h	6.7991	+0.001%	$176K	—	250x	as long as short
QFEX COPPER-USD	+0.0006%	1h	6.7980	−0.015%	$1.5M	$129K	20x	as long as short
edgeX COPPERUSDC	+0.0013%	4h	6.7956	−0.050%	$94K	$317K	20x	as long as short
Lighter XCU	+0.0032%	1h	6.8091	+0.149%	$476K	$39K	20x	as long as short
Phoenix COPPER	+0.0035%	1h	6.7962	−0.041%	$45K	$30K	20x	as long as short
Vest HG-PERP	+0.0046%	1h	6.7985	−0.007%	—	$82K	25x	as long as short
Paradex XCU-USD-PERP	+0.0050%	8h	6.7989	−0.001%	$1K	$2K	5x	as long as short
SoDEX COPPER-USD	+0.0050%	1h	6.7968	−0.032%	$900	$3K	20x	as long as short
Ondo Perps COPPER-USD.P	+0.0050%	1h	6.7932	−0.085%	$56K	$55K	15x	as long as short
Pacifica COPPER	+0.0100%	1h	6.7990	0.000%	$23K	$14K	10x	as long as short
KuCoin COPPERUSDTM	+0.0100%	4h	6.8020	+0.044%	$258K	$23K	50x	as long as short
Orderly PERP_COPPER_USDC_mythos	+0.0100%	8h	6.8050	+0.088%	$3K	—	10x	as long as short
Aevo COPPER-PERP	+0.0104%	1h	6.7966	−0.035%	$311	—	10x	as long as short
Extended XCU-USD	+0.0360%	1h	6.7990	0.000%	$231K	$2.9M	20x	as long as short