Funding you earn now, next payment 00:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.003%
Price spread now: GRVT against Paradex+0.049%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropParadex: Active · GRVT: Active · farm boardneeds both histories
The price spread pays, funding is against you. GRVT is 0.049% dearer against Paradex than usual: you sell high and buy low (spread +0.049% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex XCU-USD-PERP | 6.7977 | 0.0050 | pay 0.0050% / 8h | 42m 50s | $1K | $3K | 5x |
| Short | GRVT COPPER_USDT_Perp | 6.8010 | 0 | get 0.0000% / 4h | 42m 50s | $91K | $2.2M | 25x |
Paradex XCU-USD-PERP
GRVT COPPER_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Paradex. 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
- −$10.49
- Price spread: +0.049% → 0.000%
- $4.87
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$18.62
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; GRVT: live order book, 1 min ago. Net counts fees only.
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 Paradex no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 1 min ago | 0.74 bp | 9.6 bp −$10 | 16.3 bp −$163 | doesn't fit | doesn't fit |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0054% | 4h | 6.7970 | −0.010% | $87K | $149K | 100x | as long as short |
| edgeX COPPERUSDC | −0.0020% | 4h | 6.7988 | +0.017% | $93K | $319K | 20x | as long as short |
| Aster XCUUSDT | 0.0000% | 4h | 6.7990 | +0.019% | $32K | $36K | 50x | as long as short |
| Binance COPPERUSDT | 0.0000% | 4h | 6.7990 | +0.019% | $9.0M | $34.5M | 100x | as long as short |
| OKX XCU-USDT-SWAP | 0.0000% | 8h | 6.7948 | −0.043% | $467K | $1.2M | 50x | as long as short |
| Gate XCU_USDT | 0.0000% | 8h | 6.7850 | −0.187% | $1.3M | $493K | 100x | as long as short |
| MEXC COPPER_USDT | 0.0000% | 4h | 6.7980 | +0.005% | $27.0M | $4.9M | 100x | as long as short |
| Bitget COPPERUSDT | 0.0000% | 4h | 6.8000 | +0.034% | $1.7M | $1.0M | 100x | as long as short |
| Variational Omni COPPER | 0.0000% | 4h | 6.7997 | +0.029% | $739K | $1.6M | — | as long as short |
| GRVT COPPER_USDT_Perpshort | 0.0000% | 4h | 6.8010 | +0.049% | $91K | $2.2M | 25x |
BloFin COPPER-USDT
edgeX COPPERUSDC
Aster XCUUSDT
Binance COPPERUSDT
OKX XCU-USDT-SWAP
Gate XCU_USDT
MEXC COPPER_USDT
Bitget COPPERUSDT
Variational Omni COPPERShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX COPPER-USDT | 0.0000% | 4h | 6.7980 | +0.005% | — | $7.6M | 20x | as long as short |
| HTX COPPER-USDT | 0.0000% | 4h | 6.8000 | +0.034% | $60K | $27K | 75x | as long as short |
| Phemex COPPERUSDT | 0.0000% | 4h | 6.7910 | −0.098% | $4.2M | $80K | 100x | as long as short |
| gTrade (Gains Network) HG/USD | L +0.0002% / S −0.0001% | 1h | 6.7954 | −0.033% | $176K | — | 250x | as long as short |
| QFEX COPPER-USD | +0.0013% | 1h | 6.7980 | +0.005% | $1.5M | $131K | 20x | as long as short |
| Lighter XCU | +0.0032% | 1h | 6.8073 | +0.141% | $476K | $45K | 20x | as long as short |
| Phoenix COPPER | +0.0035% | 1h | 6.8011 | +0.050% | $45K | $30K | 20x | as long as short |
| Vest HG-PERP | +0.0046% | 1h | 6.7946 | −0.045% | — | $82K | 25x | as long as short |
| Paradex XCU-USD-PERPlong | +0.0050% | 8h | 6.7977 | long leg | $1K | $3K | 5x | |
| tradeXYZ xyz:COPPER | +0.0050% | 1h | 6.7955 | −0.032% | $10.4M | $5.4M | 20x | as long as short |
| SoDEX COPPER-USD | +0.0050% | 1h | 6.7958 | −0.028% | $900 | $3K | 20x | as long as short |
| Ondo Perps COPPER-USD.P | +0.0050% | 1h | 6.8028 | +0.075% | $57K | $55K | 15x | as long as short |
| Pacifica COPPER | +0.0100% | 1h | 6.7976 | −0.001% | $23K | $14K | 10x | as long as short |
| KuCoin COPPERUSDTM | +0.0100% | 4h | 6.7970 | −0.010% | $258K | $25K | 50x | as long as short |
| Orderly PERP_COPPER_USDC_mythos | +0.0100% | 8h | 6.8040 | +0.093% | $3K | — | 10x | as long as short |
| Aevo COPPER-PERP | +0.0104% | 1h | 6.7972 | −0.007% | $311 | — | 10x | as long as short |
| Extended XCU-USD | +0.0288% | 1h | 6.7959 | −0.026% | $230K | $2.9M | 20x | as long as short |
| Kraken Futures PF_XCUUSD | +0.0312% | 1h | 6.7911 | −0.096% | $28K | $173K | 20x | as long as short |
SunX COPPER-USDT
HTX COPPER-USDT
Phemex COPPERUSDT
gTrade (Gains Network) HG/USD
QFEX COPPER-USD
Lighter XCU
Phoenix COPPER
Vest HG-PERP
tradeXYZ xyz:COPPER
SoDEX COPPER-USD
Ondo Perps COPPER-USD.P
Pacifica COPPER
KuCoin COPPERUSDTM
Orderly PERP_COPPER_USDC_mythos
Aevo COPPER-PERP
Extended XCU-USD
Kraken Futures PF_XCUUSD