COPPER

Alert

Funding spread now, next payment 13:00 UTC+0.0260%/8h

paid, last 24h+0.050%paid, last 7 days+0.162%to open and close $10k−$24

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.162% in total (about 8.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC COPPER_USDT	6.8410	−0.0210	get 0.0105% / 4h	3h 29m	$26.3M	$3.4M	100x
Short	tradeXYZ xyz:COPPER	6.8354	0.0050	get 0.0006% / 1h	29m 14s	$10.6M	$4.9M	20x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee MEXCbpFee tradeXYZbpOrdersRate

Funding earned: $54.6
Slippage, 4 orders: −$5.92
Fee MEXC: 0 bp × 2 orders: $0
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $30.68
Break-even: 3.1 days

Slippage from MEXC: live order book, 1 min ago; tradeXYZ: live order book, 10 min ago.

Price risk

price view

Price gap now: −0.082%
Avg gap 7d: −0.017%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 MEXC live order book, 1 min ago	0.73 bp	0.7 bp −$1	0.7 bp −$7	4.1 bp −$406	110.0 bp −$55.0K
Sell tradeXYZ live order book, 10 min ago	1.17 bp	10.5 bp −$11	doesn't fit	doesn't fit	doesn't fit

COPPER on 27 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Kraken Futures PF_XCUUSD	−0.1428%	1h	$26K	$205K	20x	as long as short
edgeX COPPERUSDC	−0.0249%	4h	$93K	$315K	20x	as long as short
BloFin COPPER-USDT	−0.0238%	4h	$90K	$109K	100x	as long as short
MEXC COPPER_USDTlong	−0.0210%	4h	$26.3M	$3.4M	100x
Variational Omni COPPER	−0.0205%	4h	$847K	$1.3M	—	as long as short
Binance COPPERUSDT	−0.0196%	4h	$12.7M	$20.1M	100x	as long as short
Aster XCUUSDT	−0.0132%	4h	$33K	$49K	50x	as long as short
QFEX COPPER-USD	−0.0060%	1h	$1.5M	$30K	20x	as long as short
Bitget COPPERUSDT	−0.0040%	4h	$1.6M	$833K	100x	as long as short
Phoenix COPPER	−0.0023%	1h	$43K	$27K	20x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
OKX XCU-USDT-SWAP	0.0000%	8h	$505K	$821K	50x	as long as short
Gate XCU_USDT	0.0000%	8h	$1.3M	$471K	100x	as long as short
SunX COPPER-USDT	0.0000%	4h	—	$5.2M	20x	as long as short
HTX COPPER-USDT	0.0000%	4h	$63K	$21K	75x	as long as short
Phemex COPPERUSDT	0.0000%	4h	$4.2M	$58K	100x	as long as short
gTrade (Gains Network) HG/USD	L +0.0002% / S −0.0001%	1h	$307K	—	250x	as long as short
Paradex XCU-USD-PERP	+0.0009%	8h	$2K	$2K	5x	as long as short
Lighter XCU	+0.0032%	1h	$478K	$37K	20x	as long as short
Extended XCU-USD	+0.0032%	1h	$354K	$1.9M	20x	as long as short
Vest HG-PERP	+0.0046%	1h	—	$46K	25x	as long as short
tradeXYZ xyz:COPPERshort	+0.0050%	1h	$10.6M	$4.9M	20x
SoDEX COPPER-USD	+0.0050%	1h	$905	$3K	20x	as long as short
Ondo Perps COPPER-USD.P	+0.0050%	1h	$65K	$10K	15x	as long as short
Pacifica COPPER	+0.0100%	1h	$26K	$9K	10x	as long as short
KuCoin COPPERUSDTM	+0.0100%	4h	$262K	$8K	50x	as long as short
Orderly PERP_COPPER_USDC_mythos	+0.0100%	8h	$3K	—	10x	as long as short
Aevo COPPER-PERP	+0.0104%	1h	$313	—	10x	as long as short