COPPER funding rates and arbitrage
Updated 2026-11-11 23:04 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 |
|---|---|---|---|---|---|---|---|
| Bitunix | COPPERUSDT | 0.0668% | 4 h | +146.3% | +43.9% | — | 2026-11-12 00:00 |
| HTX | COPPER-USDT | 0.0378% | 4 h | +82.8% | +41.1% | $28.4K | 2026-11-12 00:00 |
| BingX | NCCO724COPPER2USD-USDT | 0.0378% | 4 h | +82.8% | +51.0% | $931.4K | 2026-11-12 00:00 |
| Variational | COPPER-PERP | 0.0342% | 4 h | +75.0% | +90.6% | $1.5M | 2026-11-12 00:00 |
| KuCoin | COPPERUSDTM | 0.0325% | 4 h | +71.2% | +50.5% | $561.2K | 2026-11-12 00:00 |
| MEXC | COPPER_USDT | 0.0303% | 4 h | +66.4% | +41.6% | $12.7M | 2026-11-12 00:00 |
| Phoenix | COPPER | 0.0074% | 1 h | +64.9% | +33.3% | — | 2026-11-12 00:00 |
| Binance | COPPERUSDT | 0.0288% | 4 h | +63.1% | +41.5% | $8.5M | 2026-11-12 00:00 |
| BloFin | COPPER-USDT | 0.0283% | 4 h | +62.1% | +48.4% | $478.7K | 2026-11-12 00:00 |
| Bitget | COPPERUSDT | 0.0244% | 4 h | +53.4% | +44.0% | $1.3M | 2026-11-12 00:00 |
| QFEX | COPPER-USD | 0.0060% | 1 h | +52.6% | — | $1.6M | 2026-11-11 23:59 |
| GRVT | COPPER_USDT_Perp | 0.0173% | 4 h | +37.9% | +54.8% | $110.5K | 2026-11-12 00:00 |
| Pacifica | COPPER | 0.0013% | 1 h | +10.9% | +11.0% | $36.6K | 2026-11-12 00:00 |
| Ondo Perps | COPPER-USD.P | 0.0004% | 1 h | +3.2% | — | $50.9K | 2026-11-12 00:00 |
| Phemex | COPPERUSDT | 0.0000% | 4 h | 0.0% | — | $3.9M | 2026-11-12 00:00 |
| TXFlow | COPPER-USDC | -0.0017% | 1 h | −14.5% | — | $101K | 2026-11-12 00:00 |
| Hyperliquid | xyz:COPPER | -0.0044% | 1 h | −38.7% | +43.5% | $10.5M | 2026-11-12 00:00 |
Cost to enter $10,000 of COPPER
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Hyperliquid | xyz:COPPER | 2.9 bp | live order book |
| Bitunix | COPPERUSDT | 6.8 bp * | live order book |
| MEXC | COPPER_USDT | 4.8 bp | top of book only |
| GRVT | COPPER_USDT_Perp | 5.3 bp | top of book only |
| BingX | NCCO724COPPER2USD-USDT | 5.8 bp | top of book only |
| Binance | COPPERUSDT | 6.6 bp * | top of book only |
| HTX | COPPER-USDT | 6.8 bp * | top of book only |
| Bitget | COPPERUSDT | 6.8 bp | top of book only |
| BloFin | COPPER-USDT | 8.4 bp | top of book only |
| KuCoin | COPPERUSDTM | 21.0 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?
Bitunix at +146.3% a year (0.0668% every 4 h); the lowest is Hyperliquid at −38.7%. 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.