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Introducing Perpetual Futures

Pay 0% (maker) and 0.03% (taker)¹, available to qualified traders in select non-US jurisdictions

Perpetual futures trading through Coinbase Advanced is only available to non-US customers in select jurisdictions. In order to create a Coinbase Advanced trading account, customers will need to pass through our standard assessment checks to determine their eligibility for this product. The information provided is for educational purposes only. All trading and investment strategies involve risk, including risk of loss, and thus may not be suitable for everyone.

¹Coinbase reserves the right to adjust pricing. For some users, fees may vary. All users will be able to review estimated fees, prior to placing an order.

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Unlock perpetual futures trading

Enter the email associated with your Coinbase account and we'll let you know if perpetual futures are available in your region.

Level up your portfolio

Access leverage. Express your view of the market. Trade perpetual futures at a low introductory fee rate of 0% (maker) and 0.03% (taker).¹

Take your money further

Open positions with less upfront capital. Contracts initially offer up to 10X leverage.

Unlock new trading strategies

Hedge your risk or add exposure, depending on which way you believe the market will go.

More flexibility, less friction

Perpetual futures maintain convergence with spot markets and allow you to hold your position as long as you have sufficient margin.

Seamless integration

Trade perpetual futures through one integrated interface on Coinbase Advanced. All trading settled in USDC, a globally trusted stablecoin.

¹Coinbase reserves the right to adjust pricing. For some users, fees may vary. All users will be able to review estimated fees, prior to placing an order.

New: Pre-Launch Markets

Trade new tokens before they launch. Participate in price discovery of upcoming projects, all from a trusted platform. Look for the “PRE-LAUNCH” label next to a contract in our list of markets to find pre-launch markets available for trading now.

Pre launch markets landing page

Pre-Launch Markets are only available to users in eligible jurisdictions outside of the US, UK, and Canada. Pre-Launch Markets significantly differ from standard perpetual futures markets, carrying unique considerations and posing elevated risks. These markets are characterized by a different index price mechanism and conversion risk, and are more prone to lower liquidity, higher volatility, and increased liquidation risk. It is crucial to exercise caution and refrain from trading contracts that you are unfamiliar with or do not fully understand the associated risks. Learn more about Pre-Launch Markets on Coinbase and how they differ from standard perpetual futures markets in our Help Center.

Accessible perpetual futures contracts

Experience efficient capital allocation with access to over 50 perpetual futures. Express your view of the market with the flexibility to go long or short with up to 10x leverage.

Perpetuals contracts - banner

Bitcoin Perpetual Futures

Product type

Linear perpetual (USDC-settled)

Expiration

Perpetual/no expiration

Underlying market

BTC - USD

Trading Hours

24 hours/day, 7 days/week, 365 days/year (excluding maintenance)

Minimum Order Size

10 USDC

Maximum Leverage

5x (20% base initial margin)

Ethereum Perpetual Futures

Product type

Linear perpetual (USDC-settled)

Expiration

Perpetual/no expiration

Underlying market

ETH - USD

Trading Hours

24 hours/day, 7 days/week, 365 days/year (excluding maintenance)

Minimum Order Size

10 USDC

Maximum Leverage

5x (20% base initial margin)

Litecoin Perpetual Futures

Product type

Linear perpetual (USDC-settled)

Expiration

Perpetual/no expiration

Underlying market

LTC - USD

Trading Hours

24 hours/day, 7 days/week, 365 days/year (excluding maintenance)

Minimum Order Size

10 USDC

Maximum Leverage

5x (20% base initial margin)

XRP Perpetual Futures

Product type

Linear perpetual (USDC-settled)

Expiration

Perpetual/no expiration

Underlying market

XRP - USD

Trading Hours

24 hours/day, 7 days/week, 365 days/year (excluding maintenance)

Minimum Order Size

10 USDC

Maximum Leverage

5x (20% base initial margin)

SOL Perpetual Futures

Product type

Linear perpetual (USDC-settled)

Expiration

Perpetual/no expiration

Underlying market

SOL - USD

Trading Hours

24 hours/day, 7 days/week, 365 days/year (excluding maintenance)

Minimum Order Size

10 USDC

Maximum Leverage

3.3x (30% base initial margin)

AVAX Perpetual Futures

Product type

Linear perpetual (USDC-settled)

Expiration

Perpetual/no expiration

Underlying market

AVAX - USD

Trading Hours

24 hours/day, 7 days/week, 365 days/year (excluding maintenance)

Minimum Order Size

10 USDC

Maximum Leverage

3.3x (30% base initial margin)

See the full list of perpetual futures contracts and product specifications in our Help Center.

Trade perpetual futures on the safest, most trusted crypto exchange.

Coinbase partners with high-bar regulators around the world to build a robust regulatory framework focused on user protections. Our perpetual futures contracts have been built within rigorous compliance standards.