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United States Oil Fund ETF (USO) Perpetual Futures

United States Oil Fund ETF (USO) Perpetual Futures — Live Data

Where to Trade United States Oil Fund ETF (USO) Perpetual Futures

Market Overview

USO is an oil-linked ETF that tracks WTI crude oil futures prices through rolling futures contracts, providing equity market investors access to crude oil price movements. USO perpetual futures allow traders to express crude oil views through an ETF wrapper, though traders should be aware that USO's rolling futures methodology can cause tracking divergence from spot WTI prices over extended holding periods.

Trading Tips for United States Oil Fund ETF Perps

USO perps track WTI crude oil but with potential roll-yield drag over time due to the ETF's futures rolling mechanics. For shorter-term oil trades, WTIUSD perps offer cleaner exposure. Use USO when your platform offers better liquidity on the ETF than the commodity pair, but account for the potential contango decay in the underlying for multi-week holds.

Frequently Asked Questions — United States Oil Fund ETF (USO)

What is the current USO perpetual futures funding rate?
The live United States Oil Fund ETF (USO) funding rate is shown above, updated every 2 minutes. Funding rates are displayed as annualized percentages for each exchange listing USO perps. A positive rate means long traders pay short traders, while a negative rate means shorts pay longs.
Which exchange has the lowest USO perp trading fees?
SynFutures currently lists USO perps at a 0.020% taker fee (maker 0.010%). The cost comparison table above estimates total trading cost — fees plus slippage — for a $100,000 USO position.
How does United States Oil Fund ETF open interest compare across exchanges?
United States Oil Fund ETF (USO) open interest is broken down by exchange in the chart above, showing the total value of outstanding USO 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 USO long/short ratio indicate?
The United States Oil Fund ETF 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 USO perpetual futures?
United States Oil Fund ETF (USO) perps are listed on SynFutures. See the "Where to Trade" section above for a full comparison of fees, leverage limits, and direct trading links for each venue.

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