Skip to content
PerpFinder

Live Data

S&P 500 (SPX) Perpetual Futures

S&P 500 (SPX) Perpetual Futures — Live Data

Price
$7,726
Total Open Interest
24h Volume
Venues
2

Where to Trade S&P 500 (SPX) Perpetual Futures

S&P 500 (SPX) perpetual futures are live on 2 venues. The venue cards compare open interest, 24h volume, and funding. The data updates every two minutes, and each card links directly to SPX trading.

Gains Network logo
Gains Network
Arbitrum, Base, Polygon, ApeChain, MegaETH, Solana
Open Interest
24h Volume
Fee model
Position model
Max Lev.
1000x
Rating
8.0/10
Ostium logo
Ostium
Arbitrum
Open Interest
24h Volume
Fee model
Position model
Max Lev.
200x
Rating
7.5/10

Market Overview

The S&P 500 is the world's most important equity index, tracking 500 large-cap US stocks and serving as the primary benchmark for global equity performance. SPX perpetual futures on decentralized exchanges allow crypto-native traders to access the most liquid equity derivative market without traditional brokerage infrastructure, enabling multi-asset portfolio construction entirely on-chain.

On this page SPX means the S&P 500 equity index — note the ticker collision, since on some perp DEXes "SPX" is the SPX6900 memecoin instead (a sub-$10 quote is the memecoin, not the index). The cash index only prices during US market hours; several venues halt index perps outside them, and those that keep quoting reference a frozen oracle until the reopen gap.

Trading Tips for S&P 500 Perps

SPX perps are the best single instrument for expressing macro equity views — they closely track ES futures and SPY ETF price action. Fed rate decisions, CPI prints, and NFP reports are the highest-impact scheduled catalysts. SPX tends to have a negative correlation with crypto during risk-off events, making it useful as a portfolio hedge.

Frequently Asked Questions — S&P 500 (SPX)

What is the current SPX perpetual futures funding rate?
The live S&P 500 (SPX) funding-rate panel updates every 2 minutes. It shows annualized rates for each exchange that lists SPX perps. A positive rate means long traders pay short traders, while a negative rate means shorts pay longs.
Which exchange has the lowest SPX perp trading fees?
Among 6 tracked SPX venues with comparable order-book schedules, Paradex lists the lowest taker fee at 0.000%. SynFutures lists 0.020%. 2 position-fee venues are excluded from this maker/taker result. Use the cost comparison for total cost.
How does S&P 500 open interest compare across exchanges?
The S&P 500 (SPX) open-interest chart shows the total value of outstanding SPX 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 SPX long/short ratio indicate?
The S&P 500 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 SPX perpetual futures?
S&P 500 (SPX) perps are listed on 8 exchanges, including Hyperliquid, dYdX, SynFutures, Aevo, and Paradex, plus 3 more. The "Where to Trade S&P 500 (SPX) Perpetual Futures" section compares fees and leverage limits and gives a direct trading link for each venue.

Category: Index · Data updates every 2 minutes · All rates shown are annualized