About AI Perpetual

The AI Index Perp Style Futures contract is a 5-year cash-settled futures contract that trades 24/7 and allows traders to manage risk, trade on margin, or speculate on the price of the MarketVector US Listed AI 10 Index. This contract incorporates a funding rate mechanism to keep the futures prices closely aligned with the price of the index. Perpetual-style futures contracts also enjoy the 60/40 tax treatment, where 60% of the gains are taxed as long-term capital gains and 40% as short-term capital gains, regardless of the holding period.

This contract is available to trade on Coinbase Derivatives Exchange (CDE).Trading is available from Sunday at 8 PM ET until Friday at 5 PM ET. Markets are closed on market trading holidays.

Contract Details

Funding rate

-0.0040%

Funding Est.

about 1 hour

Direction

Short pays long

Expiry

Nov 2030 (4 years)

Contract size

1 MarketVector US Listed AI 10 Index

Currency

USD

Stats

Open interest

$348.00

Settlement price

Not enough data

Volume (24h)

$12.61M

36%

Price trends

Price change (24h)

4.92%

Mid price

$2.75K

High (24h)

$2.81K

Low (24h)

$2.62K

High (1Y)

$2.84K

Low (1Y)

$2.53K

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