COPPER funding rates and arbitrage
Updated 2026-10-29 18:25 UTC
Best COPPER arbitrage after every cost
No COPPER pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
COPPER funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| BloFin | COPPER-USDT | 0.0120% | 4 h | +26.3% | +2.7% | $467.2K | 2026-10-29 20:00 |
| Bitget | COPPERUSDT | 0.0073% | 4 h | +16.0% | +3.3% | $934.3K | 2026-10-29 20:00 |
| Phoenix | COPPER | 0.0014% | 1 h | +12.0% | +4.0% | — | 2026-10-29 19:00 |
| Pacifica | COPPER | 0.0013% | 1 h | +10.9% | +11.0% | $68.7K | 2026-10-29 19:00 |
| TXFlow | COPPER-USDC | 0.0013% | 1 h | +10.9% | — | $678.8K | 2026-10-29 19:00 |
| KuCoin | COPPERUSDTM | 0.0032% | 4 h | +7.0% | +2.6% | $399.5K | 2026-10-29 20:00 |
| Ondo Perps | COPPER-USD.P | 0.0006% | 1 h | +5.5% | — | $36.1K | 2026-10-29 19:00 |
| Hyperliquid | xyz:COPPER | 0.0006% | 1 h | +5.5% | +4.8% | $8.2M | 2026-10-29 19:00 |
| QFEX | COPPER-USD | 0.0003% | 1 h | +3.0% | — | $4.4M | 2026-10-29 18:59 |
| Bitunix | COPPERUSDT | 0.0010% | 4 h | +2.3% | +3.3% | — | 2026-10-29 20:00 |
| Phemex | COPPERUSDT | 0.0000% | 4 h | 0.0% | — | $4.1M | 2026-10-29 20:00 |
| MEXC | COPPER_USDT | 0.0000% | 4 h | 0.0% | +0.5% | $15.1M | 2026-10-29 20:00 |
| HTX | COPPER-USDT | 0.0000% | 4 h | 0.0% | 0.0% | $34.3K | 2026-10-29 20:00 |
| GRVT | COPPER_USDT_Perp | 0.0000% | 4 h | 0.0% | +2.1% | $102.6K | 2026-10-29 20:00 |
| Variational | COPPER-PERP | 0.0000% | 4 h | 0.0% | — | $1.4M | 2026-10-29 20:00 |
| Binance | COPPERUSDT | 0.0000% | 4 h | 0.0% | +0.5% | $9.5M | 2026-10-29 20:00 |
| BingX | NCCO724COPPER2USD-USDT | -0.0050% | 4 h | −10.9% | +3.2% | $931.4K | 2026-10-29 20:00 |
Cost to enter $10,000 of COPPER
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | COPPER_USDT | 0.8 bp | top of book only |
| Hyperliquid | xyz:COPPER | 2.1 bp | top of book only |
| GRVT | COPPER_USDT_Perp | 5.3 bp | top of book only |
| Binance | COPPERUSDT | 5.8 bp * | top of book only |
| BingX | NCCO724COPPER2USD-USDT | 5.8 bp | top of book only |
| BloFin | COPPER-USDT | 6.8 bp | top of book only |
| Bitget | COPPERUSDT | 7.5 bp | top of book only |
| KuCoin | COPPERUSDTM | 11.3 bp | top of book only |
| HTX | COPPER-USDT | 12.1 bp * | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account.
Questions
Is COPPER funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no COPPER pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest COPPER funding rate?
BloFin at +26.3% a year (0.0120% every 4 h); the lowest is BingX at −10.9%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.