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US Steel (USAR) Perpetual Futures

US Steel (USAR) Perpetual Futures — Live Data

Price
$20.69
Total Open Interest
$1.1m
24h Volume
$1.2m
Venues
2

Where to Trade US Steel (USAR) Perpetual Futures

US Steel (USAR) perpetual futures are live on 2 venues. Open interest, 24h volume and funding update every two minutes — compare them below and trade USAR directly.

Hyperliquid logo
Hyperliquid
Hyperliquid L1
Open Interest
$1.1m
24h Volume
$1.2m
Taker Fee
0.045%
Max Lev.
50x
Rating
9.2/10
Aster logo
Aster
Arbitrum
Open Interest
24h Volume
$2.6k
Taker Fee
0.040%
Max Lev.
100x
Rating
7.5/10

Market Overview

US Steel is one of America's oldest steel producers, running blast furnace and electric arc furnace operations across the US and Europe. USAR perpetual futures are sensitive to domestic steel prices and US Section 232 tariff levels on imported steel. Infrastructure spending drives construction steel demand. The attempted Nippon Steel acquisition became a major political issue in 2024-2025. Input costs — iron ore, coking coal, and scrap metal — also affect margins.

USAR Perps Data — Stocks Category

Trading Tips for US Steel Perps

USAR perps react strongly to US steel tariff policy changes and domestic steel price benchmarks like HRC (hot-rolled coil) futures. The Nippon Steel acquisition saga created significant M&A premium volatility in the stock — track regulatory and political developments around foreign steel ownership. Infrastructure spending bill passage and construction activity data are the primary demand-side catalysts.

Frequently Asked Questions — US Steel (USAR)

What is the current USAR perpetual futures funding rate?
The live US Steel (USAR) funding rate is shown above, updated every 2 minutes. Funding rates are displayed as annualized percentages for each exchange listing USAR perps. A positive rate means long traders pay short traders, while a negative rate means shorts pay longs.
Which exchange has the lowest USAR perp trading fees?
The cost comparison table above estimates total trading costs (maker/taker fees plus slippage) for a $100,000 USAR perpetual futures trade across all major exchanges. Compare fees for USAR perps on both centralized and decentralized platforms to find the most cost-effective venue.
How does US Steel open interest compare across exchanges?
US Steel (USAR) open interest is broken down by exchange in the chart above, showing the total value of outstanding USAR 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 USAR long/short ratio indicate?
The US Steel 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.
Can I short US Steel stock using perpetual futures?
Yes. US Steel perpetual futures on decentralized exchanges let you go short (or long) with leverage, 24 hours a day, 7 days a week — even when the stock market is closed. Unlike traditional short selling, you don't need to borrow shares. You simply open a short perp position and pay or receive funding based on market conditions.
Where can I trade USAR perpetual futures?
US Steel (USAR) 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: Stocks · Data updates every 2 minutes · All rates shown are annualized