About US 500 Perpetual

The US500 Index Perp Style Futures contract trades 24/7 and allows traders to manage risk, trade on margin, or speculate on the price of the MarketVector Top 500 US Profitable Companies Index (MVUS5P). 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

0.0029%

Funding Est.

9 minutes

Direction

Long pays short

Expiry

Nov 2030 (4 years)

Contract size

1 MarketVector MVUS5P index

Currency

USD

Stats

Open interest

$2M

Settlement price

Not enough data

Volume (24h)

$54.12M

929%

Price trends

Price change (24h)

0.37%

Mid price

$3.09K

High (24h)

$3.11K

Low (24h)

$3.05K

High (1Y)

$3.15K

Low (1Y)

$3.05K

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