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Magnificent 7 Index (MAG7) Perpetual Futures

Magnificent 7 Index (MAG7) Perpetual Futures — Live Data

Price
$63.66
Total Open Interest
—
24h Volume
—
Venue
1

Where to Trade Magnificent 7 Index (MAG7) Perpetual Futures

Magnificent 7 Index (MAG7) perpetual futures are live on 1 venue. The venue cards compare open interest, 24h volume, and funding. The data updates every two minutes, and each card links directly to MAG7 trading.

Hyperliquid logo
Hyperliquid
Hyperliquid L1
Open Interest
—
24h Volume
—
Taker Fee
0.045%
Max Lev.
40x
Rating
9.2/10
Trade MAG7Review

Market Overview

The Magnificent 7 Index is a thematic perp on Hyperliquid. It tracks seven top US tech firms: Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta, and Tesla. These stocks drove most S&P 500 gains since 2023. MAG7 perps pack exposure to the largest US tech names into one contract. The index leans heavily toward AI winners. It moves on AI spending cycles and on each firm's quarterly results.

Trading Tips for Magnificent 7 Index Perps

MAG7 perp positioning should account for the earnings calendar — with 7 constituents reporting quarterly, there are concentrated event risk periods every 3 months. AI capex guidance from hyperscalers (Microsoft, Alphabet, Amazon, Meta) in earnings calls drives multiple MAG7 components simultaneously. Monitor Nvidia's data center segment revenue as a proxy for how much AI investment is flowing through the group.

Frequently Asked Questions — Magnificent 7 Index (MAG7)

What is the current MAG7 perpetual futures funding rate?▼
The live Magnificent 7 Index (MAG7) funding-rate panel updates every 2 minutes. It shows annualized rates for each exchange that lists MAG7 perps. A positive rate means long traders pay short traders, while a negative rate means shorts pay longs.
Which exchange has the lowest MAG7 perp trading fees?▼
Among 2 tracked MAG7 venues with comparable order-book schedules, SynFutures lists the lowest taker fee at 0.020%. Hyperliquid lists 0.045%. Use the cost comparison for total cost.
How does Magnificent 7 Index open interest compare across exchanges?▼
The Magnificent 7 Index (MAG7) open-interest chart shows the total value of outstanding MAG7 derivative contracts on each exchange. Rising open interest indicates new capital entering the market, while declining OI suggests positions are being closed.
What does the MAG7 long/short ratio indicate?▼
The Magnificent 7 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 Magnificent 7 Index index perpetual futures?▼
Magnificent 7 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 MAG7 perpetual futures?▼
Magnificent 7 Index (MAG7) perps are listed on 2 exchanges: Hyperliquid and SynFutures. The "Where to Trade Magnificent 7 Index (MAG7) Perpetual Futures" section compares fees and leverage limits and gives a direct trading link for each venue.

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

Funding RatesOpen InterestLiquidationsFee ComparisonExchange Deals

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