About US 500 Perpetual

The US500 Index Perp Style Futures contract 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

0.0002%

Funding Est.

about 18 hours

Direction

Long pays short

Expiry

Nov 2030 (4 years)

Contract size

1 MarketVector MVUS5P index

Currency

USD

Stats

Open interest

$3.8M

Settlement price

Not enough data

Volume (24h)

$3.02M

89%

Price trends

Price change (24h)

0.11%

Mid price

$3.16K

High (24h)

$3.16K

Low (24h)

$3.15K

High (1Y)

$3.17K

Low (1Y)

$3.03K

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