PerpEquitiesCOT positioning
Long76.9%
Short23.1%
Net position90,522
Increasing Bullish
Commodity
Copper perpetual futures
COPPER perpetual futures on 26 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade COPPERUSDT.
Copper tracked across crypto venues with normalized contract specifications.
$6.65-0.6%
Price chart
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Use the left and right arrow keys to inspect points on the chart.
Collecting venue price data...
venue perp mark · Binance (COPPER/USDT)
Auto: highest-volume live perp venueOpen in TradingView
Trading data
Perpetual market activity
27/27 live markets
Trading data
Perpetual market activity
Venues
26
Live markets
27/27
24h volume
$22MCoverage: 21/27 marketsExchange-reported volume: $29.8M
Open interest
$46.5MCoverage: 22/27 markets
Best liquidity
$5.4M
Deepcoin
Tightest spread
+0.2 bps
Extended
Highest volume
$9.6M
Binance
Settlement mix
USDT · 16/27
Perp/spot vol.
-
OI / float
-
Venue matrix
27 markets
Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.
| Trade | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 Binance | Trade | COPPER/USDT | Trading | $6.65 | 0.0% APR 0.000% every 4h | +1.5 bps | $1.3M | $9.6M | $7.3M | USDT | - | |
 Hyperliquid HIP-3 | Trade | xyz:COPPER | Trading | $6.65 | +5.5% APR +0.00063% every 1h | +1.1 bps | $100.4K | $6M | $11.6M | USDC | 20x | |
 MEXC | Trade | COPPER(XCU)/USDT | Trading | $6.65 | 0.0% APR 0.000% every 4h | +1.5 bps | $3M | $1.3M | $23.5M | USDT | 100x | |
 LBank | Trade | XCU/USDT | Trading | $6.65 | 0.0% APR 0.000% every 4h | +1.5 bps | $4.9M | $1.3M | - | USDT | 50x | |
 Deepcoin | Trade | COPPER/USDT | Trading | $6.65 | +21.9% APR +0.010% every 4h | +1.5 bps | $5.4M | $987.6K | - | USDT | 25x | |
 OKX | Trade | XCU/USDT | Trading | $6.65 | +7.8% APR +0.00711% every 8h | +2.1 bps | $269.9K | $763.8K | $430.6K | USDT | 50x | |
 Bitunix | Trade | COPPER/USDT | Trading | $6.65 | +6.8% APR +0.00312% every 4h | +1.5 bps | $2.7M | $596.1K | - | USDT | 100x | |
 Bitget | Trade | COPPER/USDT | Trading | $6.66 | +35.5% APR +0.016% every 4h | +1.5 bps | $3.7M | $455.2K | $1.4M | USDT | 100x | |
 Gate.io | Trade | XCU/USDT | Trading | $6.65 | +53.0% APR +0.048% every 8h | +4.5 bps | - | $256.2K | $1.1M | USDT | 100x | |
 BloFin | Trade | XCU/USDT | Trading | $6.65 | +5.8% APR +0.00526% every 8h | +2.4 bps | $151.1K | $232.4K | $41.3K | USDT | 20x | |
 Aster | Trade | XCUUSDT | Trading | $6.65 | 0.0% APR 0.000% every 4h | +3.0 bps | $118.1K | $187.2K | $31K | USDT | - | |
| BloFin | Trade | COPPER/USDT | Trading | $6.65 | -1.4% APR -0.00063% every 4h | +1.5 bps | $2.6M | $177.1K | $89.5K | USDT | 100x | |
 KuCoin | Trade | COPPER/USDT | Trading | $6.65 | 0.0% APR 0.000% every 4h | +18.0 bps | $21.5K | $34K | $241.6K | USDT | 50x | |
 Pacifica | Trade | COPPER/USDC | Trading | $6.65 | +11.0% APR +0.00125% every 1h | +10.5 bps | $40.1K | $27.2K | $20.5K | USDC | 10x | |
 HTX | Trade | COPPER/USDT | Trading | $6.65 | 0.0% APR 0.000% every 4h | +12.0 bps | $492.6K | $23.4K | $41.2K | USDT | - | |
 Kraken | Trade | PF_XCUUSD | Trading | $6.65 | +34.6% APR +0.00395% every 1h | +14.0 bps | $62.4K | $19.6K | $31.1K | USD | - | |
 Crypto.com Exchange | Trade | XCU/USD | Trading | $6.64 | +95.4% APR +0.011% every 1h | +4.1 bps | $12.7K | $4.5K | $16.1K | USD | 50x | |
 Ondo Perps | Trade | COPPER/USD | Trading | $6.65 | - | +10.2 bps | $218.5K | $4.2K | $53.3K | USDC | 15x | |
 Aevo | Trade | COPPER/USDC | Trading | $6.65 | +11.4% APR +0.00130% every 1h | +18.3 bps | $119.6K | $0 | $303.9 | USDC | 10x | |
 Orderly Network | Trade | COPPER/USDC | Trading | $6.66 | +11.0% APR +0.010% every 8h | - | - | $0 | $2.9K | USDC | - | |
 Paradex | Trade | XCU/USD | Trading | $6.65 | +6.1% APR +0.00561% every 8h | +7,164.9 bps | $0 | $0 | $1.7K | USDC | 5x | |
 Vest | Trade | HG/USDC | Trading | $6.65 | +5.0% APR +0.00057% every 1h | +1.5 bps | $579.3K | - | - | USDC | 25x | |
 gTrade (Gains) | Trade | HG/USD | Trading | $6.64 | - | - | - | - | - | USD | 250x | |
 Ourbit | Trade | COPPER(XCU)/USDT | Trading | $6.65 | 0.0% APR 0.000% every 4h | +1.5 bps | $4.3M | $4.9M⚠ | $211K | USDT | 100x | |
 Extended | Trade | XCU/USD | Trading | $6.65 | +3.5% APR +0.00040% every 1h | +0.2 bps | $170.4K | $1.7M⚠ | $283.2K | USD | 20x | |
 GRVT | Trade | COPPER/USDT | Trading | $6.65 | +21.9% APR +0.010% every 4h | +1.5 bps | $742.2K | $642.5K⚠ | $94.2K | USDT | - | |
 XT.com | Trade | COPPER/USDT | Trading | $6.65 | 0.0% APR 0.000% every 4h | +1.5 bps | $481K | $539.7K⚠ | $14.7K | USDT | 100x |
Unverified volume: implausibly high against open interest, a typical sign of wash trading. These venues are listed last.
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100k
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100kBroad liquidity · 21 of 26 venues absorb $10k · Typical cost: +6.9 bps – +12.6 bps
Cheapest execution: Vest · +1.6 bps
Too thin: Crypto.com Exchange
No fresh book data: Gate.io, Orderly Network, Paradex, gTrade (Gains)
Taker execution estimate incl. approx. fees - maker fills are not guaranteed.
Best venues for this underlying
Best liquidity
COPPERTightest spread
COPPERHighest volume
COPPERFunding history
Stored venue snapshots by market
Funding history
Stored venue snapshots by marketNext catalyst
Catalysts
Next catalyst
Catalysts
No unusual perp activity right now.
FMP reference data
Market context
FMP reference data
Market context
Bullish
Macro calendar
12UpdatedEventPreviousEstimateActual
USD · JOLTs Job Openings (Aug)7.27 M7.24 M-
USD · ADP Employment Change (Sep)38 K72 K-
USD · Goods Trade Balance (Aug)-118.8 B-113.5 B-
USD · Personal Spending MoM (Aug)0.2 %0.8 %-
USD · GDP Growth Rate QoQ (Q2)2.1 %1.5 %1.5 %
USD · Personal Income MoM (Aug)0.4 %0.4 %-
USD · Core PCE Price Index MoM (Aug)0.2 %0.3 %-
USD · Core PCE Price Index YoY (Aug)3.3 %3.4 %-
USD · Continuing Jobless Claims (Sep/19)1,719 K1,720 K-
USD · Initial Jobless Claims (Sep/26)197 K200 K-
USD · Jobless Claims 4-Week Average (Sep/26)202.25 K199 K-
USD · ISM Manufacturing PMI (Sep)54.654.9-
Frequently asked questions
Where can I trade COPPER perpetual futures?
Copper (COPPER) perpetual futures trade on 26 crypto venues, including Binance, Hyperliquid HIP-3, Ourbit. PerpEquities compares them by live price, funding rate, open interest and liquidity.
Can I trade COPPER around the clock?
Yes. Unlike the underlying stock, COPPER perpetuals trade 24/7 — including weekends and outside regular market hours.
What is the funding rate on COPPER perpetuals?
Right now the COPPER perp funding rate is 0.0% annualized (venue median), ranging from 0.0% to +5.5% across 26 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.
What is a COPPER perpetual future?
A COPPER perpetual is a derivative that tracks the price of Copper with no expiry date. It lets you take long or short exposure to Copper on crypto venues, around the clock.
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