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US Steel (USAR) Perpetual Futures

US Steel (USAR) Perpetual Futures — Live Data

Price
$18.55
Total Open Interest
$1.4m
24h Volume
$990.7k
Venues
3

Where to Trade US Steel (USAR) Perpetual Futures

US Steel (USAR) perpetual futures are live on 3 venues. The venue cards compare open interest, 24h volume, and funding. The data updates every two minutes, and each card links directly to USAR trading.

Hyperliquid logo
Hyperliquid
Hyperliquid L1
Open Interest
$1.4m
24h Volume
$535.9k
Taker Fee
0.045%
Max Lev.
40x
Rating
9.2/10
Extended logo
Extended
Starknet
Open Interest
$48.3k
24h Volume
$452.3k
Taker Fee
0.025%
Max Lev.
100x
Rating
7.0/10
Aster logo
Aster
BNB Chain
Open Interest
24h Volume
$2.5k
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.

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 panel updates every 2 minutes. It shows annualized rates for each exchange that lists 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?
Among 2 tracked USAR 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 US Steel open interest compare across exchanges?
The US Steel (USAR) open-interest chart shows the total value of outstanding USAR 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 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 do not 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 listed on 2 exchanges: Hyperliquid and SynFutures. The "Where to Trade US Steel (USAR) Perpetual Futures" section compares fees and leverage limits and gives a direct trading link for each venue.

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