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US Dollar Index (DXY) Perpetual Futures

US Dollar Index (DXY) Perpetual Futures — Live Data

Trade DXYon 2 exchangesHyperliquid logoOpen on Hyperliquid

Market Overview

The US Dollar Index measures the greenback's strength against a basket of six major currencies — EUR, JPY, GBP, CAD, SEK, and CHF — weighted heavily toward the euro. DXY perpetual futures are a core macro instrument for crypto traders because dollar strength is inversely correlated with BTC and risk asset performance. A rising DXY historically precedes or accompanies crypto bear markets, while a weakening dollar environment tends to support crypto bull cycles.

DXY Perps Data — ETFs/Indices Category

Trading Tips for US Dollar Index Perps

DXY is arguably the most important macro indicator for crypto traders — a strengthening dollar consistently weighs on BTC and risk assets. Use DXY direction as a filter for your crypto trades: high conviction crypto longs are more reliable when DXY is trending down or consolidating. Fed policy expectations, particularly rate cut/hike timing, are the primary DXY drivers.

Where to Trade US Dollar Index (DXY) Perpetual Futures

US Dollar Index (DXY) perpetual futures are available on 2 exchanges. Compare fees, leverage, and features below to find the best platform for trading DXY perps.

Hyperliquid logo
Hyperliquid
Hyperliquid L1
Maker Fee
0.015%
Taker Fee
0.045%
Max Leverage
50x
Rating
9.2/5
Trade DXYReview
SynFutures logo
Maker Fee
0.010%
Taker Fee
0.020%
Max Leverage
100x
Rating
7.8/5
Trade DXYReview

Frequently Asked Questions — US Dollar Index (DXY)

What is the current DXY perpetual futures funding rate?▼
The live US Dollar Index (DXY) funding rate is shown above, updated every 2 minutes. Funding rates are displayed as annualized percentages for each exchange listing DXY perps. A positive rate means long traders pay short traders, while a negative rate means shorts pay longs.
Which exchange has the lowest DXY perp trading fees?▼
The cost comparison table above estimates total trading costs (maker/taker fees plus slippage) for a $100,000 DXY perpetual futures trade across all major exchanges. Compare fees for DXY perps on both centralized and decentralized platforms to find the most cost-effective venue.
How does US Dollar Index open interest compare across exchanges?▼
US Dollar Index (DXY) open interest is broken down by exchange in the chart above, showing the total value of outstanding DXY derivative contracts on each platform. Rising open interest indicates new capital entering the market, while declining OI suggests positions are being closed.
What does the DXY long/short ratio indicate?▼
The US Dollar Index long/short ratio shows the balance between traders betting on price increases (longs) versus decreases (shorts) across exchanges. An extreme ratio in either direction can signal potential reversals as crowded positioning often leads to liquidation cascades.
How can I trade US Dollar Index index perpetual futures?▼
US Dollar Index index perps are available on decentralized exchanges like Hyperliquid and dYdX. Create an account, deposit USDC or USDT as collateral, and open a long or short position with your desired leverage. Index perps trade 24/7, so you can react to market-moving events outside traditional trading hours.
Where can I trade DXY perpetual futures?▼
US Dollar Index (DXY) perps are currently listed on 2 exchanges. See the "Where to Trade" section above for a full comparison of fees, leverage limits, and direct trading links for each platform.

Category: ETFs/Indices · Data updates every 2 minutes · All rates shown are annualized

Funding RatesOpen InterestLiquidationsFee ComparisonExchange Deals

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