PerpEquitiesCOT positioning
Long73.2%
Short26.8%
Net position56,150
Increasing Bullish
Index
Nasdaq 100 Index perpetual futures
NDX perpetual futures on 12 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade NDXUSDT.
Nasdaq 100 Index tracked across crypto venues with normalized contract specifications.
30,283+0.2%
Price chart
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Use the left and right arrow keys to inspect points on the chart.
Collecting venue price data...
venue perp mark · Hyperliquid HIP-3 (xyz:XYZ100)
Auto: highest-volume live perp venue
Trading data
Perpetual market activity
13/13 live markets
Trading data
Perpetual market activity
Venues
12
Live markets
13/13
24h volume
$293.3MCoverage: 11/13 marketsExchange-reported volume: $311.4M
Open interest
$273.1MCoverage: 12/13 markets
Best liquidity
$10.2M
Hyperliquid HIP-3
Tightest spread
+0.3 bps
Ondo Perps
Highest volume
$180.2M
Hyperliquid HIP-3
Settlement mix
USDT · 7/13
Perp/spot vol.
-
OI / float
-
Venue matrix
13 markets
Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.
| Trade | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 Hyperliquid HIP-3 | Trade | xyz:XYZ100 | Trading | 30,283 | +5.5% APR +0.00063% every 1h | +0.3 bps | $10.2M | $180.2M | $217M | USDC | 30x | |
 MEXC | Trade | NAS100/USDT | Trading | 30,283 | -7.4% APR -0.00680% every 8h | +0.3 bps | $1.7M | $46.7M | $19.4M | USDT | 200x | |
 Ondo Perps | Trade | US100/USD | Trading | 30,293 | - | +0.3 bps | $2.5M | $10.5M | $6.4M | USDC | 25x | |
 LBank | Trade | NAS100/USDT | Trading | 30,284 | -8.5% APR -0.00780% every 8h | +0.3 bps | $8.3M | $1.4M | $1.2M | USDT | 50x | |
 Bitget | Trade | NDX100/USDT | Trading | 30,308 | 0.0% APR 0.000% every 8h | +2.6 bps | - | $206.8K | $2.8M | USDT | 50x | |
| MEXC | Trade | NAS100/USD1 | Trading | 30,287 | +5.3% APR +0.00060% every 1h | +0.3 bps | $724.5K | $152.2K | $1.2M | USD1 | 50x | |
 XT.com | Trade | NAS100/USDT | Trading | 30,329 | +7.0% APR +0.00320% every 4h | +2.0 bps | $53.8K | $83.2K | $22.7M | USDT | 500x | |
 Orderly Network | Trade | NAS100/USDC | Trading | 30,268 | -27.3% APR -0.025% every 8h | - | - | $40.2K | $72.7K | USDC | - | |
 OKX | Trade | US100/USDT | Trading | 30,293 | +2.4% APR +0.00216% every 8h | +2.3 bps | $214.4K | $23.4K | $190.8K | USDT | 20x | |
 Paradex | Trade | US100/USD | Trading | 30,285 | +5.5% APR +0.00500% every 8h | +14,285.7 bps | $0 | $856.2 | $12.6K | USDC | 5x | |
 Vest | Trade | NDX/USDC | Trading | 30,549 | +5.0% APR +0.00057% every 1h | +1.3 bps | $1.6M | $54.1M | - | USDC | 50x | |
 Gate.io | Trade | NAS100/USDT | Trading | 30,285 | -21.9% APR -0.020% every 8h | +3.0 bps | - | $15M⚠ | $1.8M | USDT | 100x | |
 Ourbit | Trade | NAS100/USDT | Trading | 30,286 | -7.7% APR -0.00700% every 8h | +0.3 bps | $6.9M | $3.1M⚠ | $180.4K | USDT | 200x |
Unverified volume: implausibly high against open interest, a typical sign of wash trading. These venues are listed last.
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100k
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100kBroad liquidity · 8 of 12 venues absorb $10k · Typical cost: +4.2 bps – +7.2 bps
Cheapest execution: Vest · +1.0 bps
No fresh book data: Gate.io, Bitget, Orderly Network, Paradex
Taker execution estimate incl. approx. fees - maker fills are not guaranteed.
Best venues for this underlying
Best liquidity
NDXTightest spread
NDXHighest volume
NDXFunding history
Stored venue snapshots by market
Funding history
Stored venue snapshots by marketNext catalyst
Catalysts
Next catalyst
Catalysts
No unusual perp activity right now.
FMP reference data
Market context
FMP reference data
Market context
Bullish
Index composition
102 constituentsTechnology41.2%
Industrials14.7%
Consumer Cyclical10.8%
Communication Services8.8%
Healthcare8.8%
Macro calendar
12UpdatedEventPreviousEstimateActual
USD · ADP Employment Change (Sep)38 K70 K-
USD · Core PCE Price Index MoM (Aug)0.2 %0.3 %-
USD · Personal Spending MoM (Aug)0.2 %0.8 %-
USD · Personal Income MoM (Aug)0.4 %0.4 %-
USD · Goods Trade Balance (Aug)-118.8 B-115 B-
USD · Core PCE Price Index YoY (Aug)3.3 %3.3 %-
USD · GDP Growth Rate QoQ (Q2)2.1 %1.5 %-
USD · Continuing Jobless Claims (Sep/19)1,719 K1,730 K-
USD · Jobless Claims 4-Week Average (Sep/26)202.25 K199 K-
USD · Initial Jobless Claims (Sep/26)197 K200 K-
USD · ISM Manufacturing PMI (Sep)54.655-
USD · Non Farm Payrolls (Sep)162 K90 K-
Frequently asked questions
Where can I trade NDX perpetual futures?
Nasdaq 100 Index (NDX) perpetual futures trade on 12 crypto venues, including Hyperliquid HIP-3, Vest, MEXC. PerpEquities compares them by live price, funding rate, open interest and liquidity.
Can I trade NDX around the clock?
Yes. Unlike the underlying stock, NDX perpetuals trade 24/7 — including weekends and outside regular market hours.
What is the funding rate on NDX perpetuals?
Right now the NDX perp funding rate is -8.0% annualized (venue median), ranging from -21.9% to +5.5% across 12 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.
What is a NDX perpetual future?
A NDX perpetual is a derivative that tracks the price of Nasdaq 100 Index with no expiry date. It lets you take long or short exposure to Nasdaq 100 Index on crypto venues, around the clock.
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