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US Energy Index (USENERGY) Perpetual Futures

US Energy Index (USENERGY) Perpetual Futures — Live Data

Market Overview

The US Energy Index is a thematic perpetual futures contract on Hyperliquid tracking US-listed energy sector equities including oil majors (ExxonMobil, Chevron), independent E&P companies, and midstream pipeline operators. USENERGY perpetual futures are driven by WTI crude oil prices, US shale production growth data from the EIA, and natural gas prices affecting energy company revenue mix. The index is distinct from the broader ENERGY contract in its focus on US-domiciled companies and US energy production dynamics.

USENERGY Perps Data — ETFs/Indices Category

Trading Tips for US Energy Index Perps

USENERGY perps track XLE (Energy Select SPDR ETF) closely — use XLE as a benchmark for fair value. WTI crude direction is the primary driver; EIA weekly inventory and production data releases are the most consistent catalysts for intraweek moves. OPEC+ production decision announcements are the highest-impact scheduled events for USENERGY perp positioning.

Where to Trade US Energy Index (USENERGY) Perpetual Futures

US Energy Index (USENERGY) perpetual futures are available on 2 exchanges. Compare fees, leverage, and features below to find the best platform for trading USENERGY perps.

Hyperliquid logo
Hyperliquid
Hyperliquid L1
Maker Fee
0.015%
Taker Fee
0.045%
Max Leverage
50x
Rating
9.2/5
Maker Fee
0.010%
Taker Fee
0.020%
Max Leverage
100x
Rating
7.8/5

Frequently Asked Questions — US Energy Index (USENERGY)

What is the current USENERGY perpetual futures funding rate?
The live US Energy Index (USENERGY) funding rate is shown above, updated every 2 minutes. Funding rates are displayed as annualized percentages for each exchange listing USENERGY perps. A positive rate means long traders pay short traders, while a negative rate means shorts pay longs.
Which exchange has the lowest USENERGY perp trading fees?
The cost comparison table above estimates total trading costs (maker/taker fees plus slippage) for a $100,000 USENERGY perpetual futures trade across all major exchanges. Compare fees for USENERGY perps on both centralized and decentralized platforms to find the most cost-effective venue.
How does US Energy Index open interest compare across exchanges?
US Energy Index (USENERGY) open interest is broken down by exchange in the chart above, showing the total value of outstanding USENERGY 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 USENERGY long/short ratio indicate?
The US Energy 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 US Energy Index index perpetual futures?
US Energy 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 USENERGY perpetual futures?
US Energy Index (USENERGY) 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: ETFs/Indices · Data updates every 2 minutes · All rates shown are annualized