Live data
SATS (Ordinals) (SATS) perpetual futures
Live funding rates, open interest, and measured trade costs for SATS (Ordinals). 2 venues in the PerpFinder venue map list SATS perps.
At a glance
This SATS funding snapshot covers 1 venue: dYdX. It is the server-rendered page seed, not the venue total; the live funding panel below covers every venue that lists SATS.
- Highest annualized funding
- +10.95%dYdX
More
dYdX carries the only SATS annualized funding rate in this snapshot at +10.95%.
dYdX reports no SATS open interest, so there is no executable spread.
The SATS price in this snapshot comes from dYdX at $0.000000.
Generated from live venue feeds at
Open on Gains NetworkFunding rates
Annualized rates across exchanges
dYdXDEXOpen interest
Per-exchange open interest
No venue in this snapshot reports open interest
Long/short ratio
Account-level positioning
Long/short ratios are published for BTC, ETH, SOL, and XRP only.
Cost comparison
Fee plus slippage for a $100K trade
The order-book cost engine measures BTC, ETH, SOL, XRP, BNB, DOGE and HYPE. SATS is not measured. Live costs for the measured assets are on the cost comparison tool.
Where to Trade SATS (Ordinals) (SATS) Perpetual Futures
2 of the 2 venues that list SATS perps have a PerpFinder review page. The table compares fees, leverage, and features for those 2.
Market Overview
SATS is a BRC-20 token on Bitcoin named after the smallest Bitcoin unit (satoshis). SATS perpetual futures provide leveraged exposure to the Bitcoin ordinals ecosystem alongside ORDI. SATS perps tend to be more volatile than ORDI due to thinner liquidity and a broader retail holder base, making funding rate dynamics more extreme.
Trading Tips for SATS (Ordinals) Perps
SATS has thinner liquidity than ORDI, so use limit orders and smaller position sizes. SATS tends to lag ORDI during BRC-20 rallies by hours or days, creating a potential lead-lag trading opportunity between the two assets.
Frequently Asked Questions — SATS (Ordinals) (SATS)
What is the current SATS perpetual futures funding rate?
The live SATS (Ordinals) (SATS) funding-rate panel updates every 2 minutes. It shows annualized rates for each exchange that lists SATS perps. A positive rate means long traders pay short traders, while a negative rate means shorts pay longs.
Which exchange has the lowest SATS perp trading fees?
SynFutures is the only tracked SATS venue with a comparable maker/taker schedule. It lists a 0.020% taker fee and a 0.010% maker fee. 1 position-fee venue is excluded from this maker/taker result. Use the cost comparison for total cost.
How does SATS (Ordinals) open interest compare across exchanges?
The SATS (Ordinals) (SATS) open-interest chart shows the total value of outstanding SATS 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 SATS long/short ratio indicate?
The SATS (Ordinals) 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.
Where can I trade SATS perpetual futures?
SATS (Ordinals) (SATS) perps are listed on 2 exchanges: Gains Network and SynFutures. The "Where to Trade SATS (Ordinals) (SATS) Perpetual Futures" section compares fees and leverage limits and gives a direct trading link for each venue.
Category: Infrastructure · Data updates every 2 minutes · All rates shown are annualized