S&P 500
SP500-PERPAbout
Hyperliquid · XYZThe S&P 500 is a market-capitalization-weighted index of 500 leading publicly traded companies in the U.S., widely regarded as the best single gauge of large-cap U.S. equities. The S&P 500 Index is a product of S&P Dow Jones Indices LLC and has been licensed for use by trade[XYZ]. See disclaimers at https://docs.trade.xyz/legal-and-disclaimers/s-and-p-500-disclaimers.
Questions
Read-only web pageWhat is the max leverage for SP500-PERP?
SP500-PERP supports up to 50x leverage on Hyperliquid. Higher leverage increases both potential gains and liquidation risk.
What is the SP500-PERP funding rate?
SP500-PERP funding accrues hourly on Hyperliquid. When funding is positive, longs pay shorts; when negative, shorts pay longs. The live hourly funding rate is shown on this page and in the Higher app.
What is SP500-PERP?
SP500-PERP is a perpetual futures contract that tracks the price of S&P 500. Perps have no expiry date and use funding payments to stay close to the underlying price. The S&P 500 is a market-capitalization-weighted index of 500 leading publicly traded companies in the U.S., widely regarded as the best single gauge of large-cap U.S. equities. The S&P 500 Index is a product of S&P Dow Jones Indices LLC and has been licensed for use by trade[XYZ]. See disclaimers at https://docs.trade.xyz/legal-and-disclaimers/s-and-p-500-disclaimers.
Can I trade SP500-PERP on the web?
No. Higher perp pages on the web are read-only, and Higher does not support perp trading in the app yet.
Higher provides perp market information for educational and discovery purposes only. This page is not financial advice, an offer, or a recommendation to buy or sell any asset. Perpetual futures are leveraged products: losses can exceed your initial margin and positions can be liquidated. Crypto assets and derivatives are volatile and can lose value.