Stock perps: where to trade stock perpetual futures
On September 25, 2026 at 14:35 UTC, the cheapest venue for a $10,000 NVDA stock perp market buy was Lighter, at 0.77 bps all-in with the standard taker fee. 82 US stocks, stock indices and stock ETFs list as perps on 3 or more tracked venues. The table gives the cheapest venue for seven more tickers.
82 US stocks, stock indices and stock ETFs list as perps on 3 or more tracked venues. Each ticker page measures the cost of a $10,000 buy on every public book.
All-in cost is the fill price against the mid of the public book, plus the standard taker fee that every new account gets. The ticker pages show every venue.
Promo rate for eligible accounts: MEXC (NVIDIA_USDT) shows 0.37 bps at a 0.000% taker fee that only some accounts get (MEXC: stock futures listing notice, checked 2026-09-25). MEXC does not state the NVDA fee for other accounts, so this cost is not ranked.
Each fee on a ticker page has a label. API means the fee field of the venue API. Docs means the venue fee page. A promotion for all accounts is ranked, and the venue can end it. A promo rate for eligible accounts only has its own column and is never ranked.
Cheapest venue now for eight stock perps
| Ticker | Cheapest venue now | Market | All-in (bps) | Measured (UTC) | Markets measured |
|---|---|---|---|---|---|
| NVDA | Lighter | NVDA | 0.77 | 14:35 | 9 |
| TSLA | trade.xyz | xyz:TSLA | 1.73 | 14:35 | 9 |
| AAPL | Lighter | AAPL | 0.01 | 14:35 | 9 |
| SPX | Lighter | US500 | 0.71 | 14:35 | 5 |
| MSTR | Lighter | MSTR | 1.26 | 14:35 | 9 |
| COIN | Lighter | COIN | 2.35 | 14:35 | 9 |
| META | Lighter | META | 1.13 | 14:35 | 10 |
| AMZN | Lighter | AMZN | 0.20 | 14:35 | 9 |
Every stock perp ticker by venue count
Each row links to the ticker page with the per-venue table. Highest leverage is the largest value that a venue API gave on 2026-09-25, for the smallest position tier.
| Ticker | Name | Venues | Highest leverage | Hyperliquid HIP-3 markets | Oracle venues |
|---|---|---|---|---|---|
| AVGO | Broadcom | 14 | 100x (MEXC) | para:AVGO, xyz:AVGO | 3 |
| NBIS | Nebius Group | 14 | 50x (Aster) | io:NBIS, xyz:NBIS | 3 |
| SNDK | SanDisk/Western Digital | 14 | 200x (MEXC) | io:SNDK, xyz:SNDK | 3 |
| AAPL | Apple | 13 | 100x (Bitget) | xyz:AAPL | 3 |
| AMD | Advanced Micro Devices | 13 | 200x (MEXC) | xyz:AMD | 3 |
| AMZN | Amazon | 13 | 100x (Bitget) | xyz:AMZN | 3 |
| COIN | Coinbase | 13 | 100x (MEXC) | xyz:COIN | 3 |
| CRCL | Circle Internet Group | 13 | 100x (MEXC) | xyz:CRCL | 3 |
| CRWV | CoreWeave | 13 | 100x (MEXC) | xyz:CRWV | 3 |
| HOOD | Robinhood | 13 | 100x (MEXC) | xyz:HOOD | 3 |
| INTC | Intel | 13 | 100x (MEXC) | xyz:INTC | 3 |
| META | Meta Platforms | 13 | 100x (Bitget) | xyz:META | 3 |
| MRVL | Marvell Technology | 13 | 100x (MEXC) | xyz:MRVL | 3 |
| MSFT | Microsoft | 13 | 100x (Bitget) | xyz:MSFT | 3 |
| MSTR | MicroStrategy | 13 | 100x (MEXC) | xyz:MSTR | 3 |
| MU | Micron Technology | 13 | 200x (MEXC) | xyz:MU | 3 |
| NVDA | Nvidia | 13 | 200x (MEXC) | xyz:NVDA | 3 |
| PLTR | Palantir | 13 | 100x (MEXC) | xyz:PLTR | 3 |
| TSLA | Tesla | 13 | 100x (Bitget) | xyz:TSLA | 3 |
| ARM | Arm Holdings | 12 | 100x (MEXC) | xyz:ARM | 2 |
| DELL | Dell Technologies | 12 | 100x (MEXC) | xyz:DELL | 2 |
| DRAM | Roundhill Memory ETF | 12 | 100x (Bybit) | io:DRAM, xyz:DRAM | 1 |
| EWY | iShares MSCI South Korea ETF | 12 | 100x (Bybit) | io:EWY, xyz:EWY | 1 |
| NFLX | Netflix | 12 | 50x (Bitget) | xyz:NFLX | 3 |
| ASML | ASML | 11 | 50x (Gate) | xyz:ASML | 1 |
| BABA | Alibaba | 11 | 100x (MEXC) | xyz:BABA | 2 |
| BMNR | BitMine Immersion | 11 | 50x (Gate) | xyz:BMNR | 1 |
| CBRS | Cerebras Systems | 11 | 50x (Gate) | xyz:CBRS | 1 |
| GOOGL | Alphabet | 11 | 100x (Bitget) | xyz:GOOGL | 1 |
| LITE | Lumentum | 11 | 50x (Gate) | xyz:LITE | 1 |
| ORCL | Oracle | 11 | 100x (MEXC) | xyz:ORCL | 1 |
| RKLB | Rocket Lab | 11 | 75x (Gate) | xyz:RKLB | 1 |
| TSM | TSMC | 11 | 100x (Gate) | xyz:TSM | 1 |
| COST | Costco | 10 | 100x (MEXC) | xyz:COST | 1 |
| GME | GameStop | 10 | 25x (Bybit) | xyz:GME | 1 |
| IBM | IBM | 10 | 50x (Bybit) | xyz:IBM | 0 |
| IWM | iShares Russell 2000 ETF | 10 | 50x (MEXC) | mkts:SMALL2000 | 1 |
| LLY | Eli Lilly | 10 | 100x (MEXC) | xyz:LLY | 2 |
| NOW | ServiceNow | 10 | 50x (MEXC) | xyz:NOW | 1 |
| QQQ | Invesco QQQ ETF | 10 | 100x (MEXC) | mkts:USTECH | 1 |
| SPY | SPDR S&P 500 ETF | 10 | 100x (Bybit) | mkts:US500 | 1 |
| GEV | GE Vernova | 9 | 25x (Binance) | xyz:GEV | 1 |
| SMCI | Super Micro Computer | 9 | 50x (MEXC) | para:SMCI | 1 |
| URNM | Sprott Uranium Miners ETF | 9 | 50x (MEXC) | xyz:URNM | 1 |
| USAR | US Steel | 9 | 25x (Bybit) | xyz:USAR | 0 |
| WMT | Walmart | 9 | 100x (MEXC) | None | 1 |
| XLE | Energy Select Sector SPDR | 9 | 25x (Bybit) | xyz:XLE | 1 |
| BX | Blackstone | 8 | 50x (MEXC) | xyz:BX | 0 |
| DKNG | DraftKings | 8 | 50x (MEXC) | xyz:DKNG | 0 |
| EWJ | iShares MSCI Japan ETF | 8 | 25x (Bybit) | xyz:EWJ | 0 |
| EWT | iShares MSCI Taiwan ETF | 8 | 50x (MEXC) | xyz:EWT | 0 |
| EWZ | iShares MSCI Brazil ETF | 8 | 50x (MEXC) | xyz:EWZ | 0 |
| MARA | MARA Holdings | 8 | 25x (Bybit) | None | 1 |
| PDD | PDD Holdings | 8 | 100x (MEXC) | None | 2 |
| PYPL | PayPal | 8 | 25x (Avantis) | None | 2 |
| RIVN | Rivian | 8 | 50x (MEXC) | xyz:RIVN | 1 |
| SPX | S&P 500 | 8 | 200x (MEXC) | xyz:SP500 | 2 |
| ZM | Zoom | 8 | 50x (MEXC) | xyz:ZM | 0 |
| HIMS | Hims & Hers Health | 7 | 50x (MEXC) | xyz:HIMS | 0 |
| TLT | iShares 20+ Year Treasury Bond ETF | 7 | 50x (Gate) | mkts:USBOND, xyz:TLT | 1 |
| CAT | Caterpillar | 6 | 25x (Binance) | None | 1 |
| EBAY | eBay | 6 | 50x (MEXC) | xyz:EBAY | 0 |
| GDX | VanEck Gold Miners ETF | 6 | 25x (Bybit) | None | 1 |
| KO | Coca-Cola | 6 | 25x (Bybit) | None | 0 |
| NDX | Nasdaq 100 | 6 | 200x (MEXC) | None | 2 |
| NVO | Novo Nordisk | 6 | 50x (MEXC) | None | 1 |
| UBER | Uber | 6 | 50x (MEXC) | None | 0 |
| V | Visa | 6 | 100x (MEXC) | None | 0 |
| XOM | ExxonMobil | 6 | 100x (MEXC) | None | 1 |
| AMC | AMC Entertainment | 5 | 25x (Bybit) | None | 0 |
| CLSK | CleanSpark | 5 | 25x (Bybit) | None | 0 |
| JD | JD.com | 5 | 100x (MEXC) | None | 1 |
| MCD | McDonald's | 5 | 100x (MEXC) | None | 1 |
| RIOT | Riot Platforms | 5 | 25x (Bybit) | None | 1 |
| ABNB | Airbnb | 4 | 25x (Avantis) | None | 1 |
| CVX | Chevron | 4 | 50x (MEXC) | xyz:CVX | 1 |
| DIS | Walt Disney | 4 | 20x (Aster) | None | 0 |
| LMT | Lockheed Martin | 4 | 50x (MEXC) | None | 1 |
| SPOT | Spotify | 4 | 50x (MEXC) | None | 1 |
| BA | Boeing | 3 | 100x (MEXC) | None | 0 |
| DJI | Dow Jones | 3 | 100x (Gate) | None | 1 |
| NKE | Nike | 3 | 20x (Bitget) | None | 0 |
Stock perps on Hyperliquid
Hyperliquid has no stock markets of its own. Builders deploy them through HIP-3, and the orders fill on the Hyperliquid order book. trade.xyz lists 54, EntropyIO lists 4, Markets.xyz lists 4, Paragon lists 2 of the tickers here.
trade.xyz lists 54 of them, with names such as xyz:NVDA and xyz:SP500. The S&P 500 market xyz:SP500 prices at the index level. Markets.xyz US500 tracks SPY, the S&P 500 ETF, so its price is about one tenth of the index. Read the trade.xyz fees, leverage and pre-IPO markets.
Trading hours and price source by venue
A stock perp can trade when the stock market is closed. Each venue then uses its own price rule, and some venues stop orders. Every fact links to the venue page that states it.
| Venue | Tickers | Trading hours | Price source | Holding cost | Fee |
|---|---|---|---|---|---|
| MEXC | 82 | Hours change by asset. During a market close, you can only cancel orders or add margin. source | The docs name no price provider. The API lists the price sources of each contract. source | The docs do not state the interval. The table shows the interval from the API. source | Stock futures have 0 trading fees for a limited time, with no end date. The offer applies only to select users in specific regions. MEXC does not state the stock futures fee for other accounts. source |
| Gate | 79 | When the stock market closes, the stock-market parts of the index stay at the last close. source | The index uses paid stock-market data feeds. Gate can add quotes from crypto venues that trade 24/7. source | Funding is paid every 8 or 4 hours, set per contract. source | The public docs do not state a stock futures fee. The table uses the taker_fee_rate field of the Gate API. source |
| Bybit | 74 | The market trades 24/7. When the stock market is closed, stale price parts can be removed from the index. The mark price stays within 5% of the index for single stocks. source | The index is a weighted average that updates every second. Pyth is the only provider that Bybit names. Since May 19, 2026, the index also stays near an external anchor price. source | Funding is paid every 8 hours on TradFi perps since August 7, 2026. source | VIP 0 pays a 0.0275% taker fee and no maker fee, a discount from 0.055% that runs until further notice. source |
| Bitget | 72 | The market trades 24/7. Outside US market hours, the mark price comes from an EMA of order-book quotes. source | Four data providers supply the index: Pyth, dxFeed, Massive and Intrinio. source | Funding is paid every 8 hours. source | The base taker fee is 0.06% and the maker fee is 0.02%. source |
| Binance | 67 | The market trades 24/7. At weekends and on holidays, the index comes from an EWMA of the Binance order book, and the mark price stays within 3% of the index. source | In regular sessions, the index is a weighted average of prices from third-party data vendors that the FAQ does not name. The other sessions use an EWMA. source | Binance sets the funding interval per contract. The table shows the interval from the API. source | Regular users pay a 0.0400% taker fee and no maker fee. This promotion started on March 31, 2026 and runs until further notice. source |
| OKX | 62 | The order book trades outside market hours. At weekends, the index anchors to the last stock price. The index stays within 10% of the stock price. source | The index uses several price providers with EMA smoothing. The API lists the parts of each index. source | The table shows the interval from the API. Since March 18, 2026, the interest part of the funding rate is 0% on TradFi perps. source | The FAQ example uses a 0.05% taker fee and a 0.02% maker fee. source |
| Aster | 58 | The market is open 24/7 in four sessions. Outside 9:30 to 16:00 ET, orders more than 5% through the mark price are rejected. An EWMA mark price runs overnight, at weekends and on holidays. source | The index price comes from several providers, Pyth among them. source | Funding is paid every 8 hours by default. Some markets use another interval. source | RWA markets pay a 0.0125% taker fee and no maker fee, from September 7, 2026. source |
| trade.xyz | 54 | The market trades 24/7. External stock prices run 24/5, from Sunday 8:00 PM ET to Friday 8:00 PM ET. At other times, bounds of plus or minus 1/max leverage limit the mark price. source | Prices come from a set of venues and data providers that the docs do not name. The overnight session uses Blue Ocean ATS. With no external price, the oracle follows an EMA of order-book impact prices. source | Funding is paid every hour, as on every Hyperliquid perp. source | The taker fee is 0.090% at tier 0, or 0.0090% when the market is in growth mode. The Hyperliquid API shows growth mode per market. source |
| Ostium | 45 | US stocks trade Monday to Friday, 9:30 to 16:00 ET. Outside those hours, market orders are rejected, and limit and stop orders wait in a queue. source | Ostium runs its own RWA price feeds. Stork operates the nodes. This fact comes from the older Ostium docs. source | There is no funding. A rollover fee, based on SOFR plus a carry premium, accrues every block. source | US stocks pay an opening fee of 0.06% and no closing fee, plus a $0.10 oracle fee. source |
| Extended | 42 | The API states the trading hours of each market. The _24_5 suffix in a market name does not mean weekdays only. Spreads can be much wider out of hours. source | Stork supplies the price: the NYSE or Nasdaq midpoint in the day sessions and Blue Ocean ATS overnight. If the oracle is more than 5 minutes old out of hours, the price comes from the order book. source | Funding is charged every hour. source | RWA markets pay a 0.010% taker fee and no maker fee. source |
| Lighter | 41 | RWA markets trade 24/7. Leverage does not change out of hours. source | The docs name Pyth Pro for NVDA and TSLA. When oracle data is stale, the price moves to an EMA of order-book impact prices. source | Funding is paid at each hour mark. source | Standard accounts pay no maker or taker fee. Premium accounts pay a taker fee. source |
| Avantis | 35 | Seven large US stocks trade 23/5, from Sunday 20:00 to Friday 20:00 ET. Other stocks trade 9:30 to 16:00 ET. Nothing executes on a closed market. The docs now use the name Veranta. source | Pyth Pro supplies the price, with Chainlink as a cross-check. The feed stops when the underlying market closes. source | A net rate accrues: a borrow fee to liquidity providers plus funding from the open interest imbalance. source | Equities have no maker or taker fee while in growth mode. The trader pays the spread. source |
| Gains Network | 32 | Stocks trade Monday to Friday, 9:35 to 16:00 ET. While the market is closed, you cannot open, close or edit a position. Leverage drops and the spread increases in the last 90 minutes before the close. source | Chainlink supplies the price at the time of each trade. source | There is no periodic funding payment. A funding fee accrues every second, and the dominant side pays a borrowing fee every block. source | The fee is charged on open and on close. The docs give 0.04% each way for AAPL and NVDA. source |
| EntropyIO | 4 | The market trades 24/7. When the cash session is closed, bands of plus or minus 1/max leverage around the close apply. Orders that fill outside the bands are rejected. source | RedStone runs the price feeds. In market hours the price comes from the primary listing venue. Off-hours, the oracle blends an internal EMA with an after-hours venue price. source | Funding is paid every hour. The funding multiplier is lower outside market hours. source | The taker fee is 0.090%, or 0.0090% when the market is in growth mode. The Hyperliquid API shows growth mode per market. source |
| Markets.xyz | 4 | The market trades 24/7. At weekends and on holidays, it uses internal pricing. source | Kaiko supplies the data. Off-hours, the oracle uses an EMA of impact prices. US500 tracks SPY, USTECH tracks QQQ and SMALL2000 tracks IWM. source | Funding is paid every hour. source | The base-tier taker fee is 0.0081% after discounts. Trades through the Markets.xyz front end also pay a 0.05% builder fee. source |
| Paragon | 2 | The market trades 24/7. External prices run up to 24/5. Outside those sessions, bounds of plus or minus 1/max leverage apply. source | Paragon posts prices from institutional data providers that the docs do not name. Off-hours, it uses an EMA of order-book impact prices. source | Funding is paid every hour, as on every Hyperliquid perp. source | The docs refer to the Hyperliquid standard fee schedule but give no rate for these markets. source |
Gold, oil and other real-world assets
Gold and crude oil perps are commodities, not stock perps. See the gold perps page, the WTI crude oil perps page and the RWA markets table for forex and other assets. Use the liquidation price calculator before you open a leveraged position.
Terms used on this page
- Total trading cost (all-in cost)
- Total trading cost (all-in cost) is the selected-side cost of one order at a given size: the fee plus half of the spread plus the price impact, in bps and USD.
- Bid-ask spread
- The spread is the gap between the best bid and the best ask, in basis points (bps) of the mid price. A market order pays half of the spread.
- Slippage (price impact)
- Slippage (price impact) is the extra cost of an order that fills through more than one price level, measured beyond the best quote. A larger order has more price impact.
Cite this data
Use the page address and the read dates. The cost columns are live reads, so cite the time next to each number.
PerpFinder. "Stock perps: where to trade stock perpetual futures." Coverage read 2026-09-25, NVDA cost read September 25, 2026 at 14:35 UTC. https://perpfinder.com/stock-perps