How to trade copper
On BRVX, copper trades as a COPPER/USDT perpetual with 5x–80x leverage on COPPER and a 0.05% fee to open. You can take a long or short view on the industrial metal without futures contracts or a commodities broker.
- 80x Max leverage on COPPER
- 0.05% Fee per side on COPPER
- 0.0057% / 0.0057% Funding long / short on COPPER
- 6 Margin tokens for COPPER
Copper guide contents
What the copper perpetual is
Copper goes into wiring, power grids, electric vehicles and data centres, so its price is read as a gauge of the world economy. China uses about half of global supply.
The BRVX perp tracks the copper price in USDT with no expiry and no delivery.
Benchmark prices are set on the London Metal Exchange and COMEX in New York, and Shanghai trades copper too. Since US tariffs, the New York price has at times traded well above London, a gap traders watch closely.
What moves copper
Growth and supply.
- Chinese property and manufacturing data.
- Mine disruptions in Chile, Peru and Congo.
- US tariffs on imported copper, which have split US and London prices.
Long or short Copper?
A copper long bets on Chinese demand, grid spending or supply cuts.
A copper short bets on weak China data or tariffs reversing.
Opening a copper position on BRVX
Choose COPPER · USDT
Commodities group, COPPER.
Size the COPPER position
COPPER caps at 80x.
COPPER: Buy or Sell
Buy long copper, Sell short; TP / SL Triggers before China data.
Hold or close COPPER
Copper funding: 0.0057% per hour.
Leverage works both ways: a small move against you can lose you the whole margin.
Copper hours and weekends
Copper futures pause at weekends; Chinese data often comes out on Asian mornings. BRVX keeps quoting copper throughout.
copper example: a 3% move
$100 at 10x through a 3% copper move:
COPPER worked example
| Copper trade | Amount |
|---|---|
| COPPER margin | $100 |
| COPPER leverage | 10x |
| COPPER position size | $1,000 |
| COPPER fee, open + close | $1.00 |
| COPPER funding per 24 h, long / short | $1.37 / $1.37 |
| COPPER +3% | COPPER long +$30.00 (+30% of margin), COPPER short −$30.00 |
| COPPER −3% | COPPER long −$30.00, COPPER short +$30.00 (+30% of margin) |
| COPPER liquidation | not modelled |
Copper risks to know
- Tariff decisions have moved copper more than 10% in a day.
- Chinese data lands outside Western hours.
- Mine strikes can move copper overnight.
Policy shocks.
Copper FAQ
Can I short copper?
Yes. Press Sell on COPPER · USDT: the short gains when the price falls. Leverage goes up to 80x, the fee to open is 0.05%, and funding is charged every hour.
Is any copper delivered?
No. A COPPER position is a price contract only.
Why is copper called Dr. Copper?
Its price is read as a gauge of global economic health.
Does copper trade with the stock market?
Often, because both react to growth expectations, but supply shocks such as mine closures can push copper up while stocks fall.
Leverage works both ways: a small move against you can lose you the whole margin.