PerpEquities

Index

Nikkei 225 perpetual futures

NIKKEI perpetual futures on 8 crypto exchanges – live perp price vs the underlying, funding rate, open interest and where to trade NIKKEIUSDT.

Nikkei 225 tracked across crypto venues with normalized contract specifications.

60,342-2.1%
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Price chart

 

Use the left and right arrow keys to inspect points on the chart.

Underlying · daily close
Auto: underlying reference price

Trading data

Perpetual market activity

8/8 live markets
Venues
8
Live markets
8/8
24h volume
$11.9M
Open interest
$3.9MCoverage: 7/8 markets
Best liquidity
$564.9K
XT.com
Tightest spread
+6.6 bps
Extended
Highest volume
$9M
XT.com
Settlement mix
USDT · 6/8
Perp/spot vol.
-

Venue matrix

8 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-3Tradexyz:JP225Trading60,331+5.5% APR
+0.00063% every 1h
+7.8 bps-$1.8M$2.1MUSDC20x
BitgetTradeJP225/USDTTrading60,191-1.4% APR
-0.00130% every 8h
+14.2 bps$212.6K$666.4K$578.4KUSDT20x
OurbitTradeJP225/USDTTrading60,3140.0% APR
0.000% every 8h
+19.4 bps$99.6K$178.2K$54.6KUSDT50x
MEXCTradeJP225/USDTTrading60,3210.0% APR
0.000% every 8h
+21.8 bps$8K$147.6K$894.2KUSDT50x
OKXTradeJP225/USDTTrading60,3740.0% APR
0.000% every 8h
+20.9 bps$42.5K$145.2K$120.4KUSDT10x
ExtendedTradeJP225/USDTrading60,330+5.3% APR
+0.00060% every 1h
+6.6 bps-$36.6K$146.6KUSD25x
HTXTradeJP225/USDTTrading60,250+5.5% APR
+0.00063% every 1h
+1,694.9 bps$0$10.5K$5.4KUSDT-
XT.comTradeJP225USD/USDTTrading60,342+11.0% APR
+0.010% every 8h
+10.0 bps$564.9K$9M-USDT20x

Tradability

Execution quality

Entry cost and depth per venue at $1k–$100k

Adequate liquidity · 5 of 8 venues absorb $10k · Typical cost: +13.8 bps – +23.8 bps

Cheapest execution: Hyperliquid HIP-3 · +9.1 bps

Too thin: MEXC

No fresh book data: Extended, HTX

Taker execution estimate incl. approx. fees - maker fills are not guaranteed.

Best venues for this underlying

Best liquidity

NIKKEI

Tightest spread

NIKKEI

Highest volume

NIKKEI

Funding history

Stored venue snapshots by market

Next catalyst

Catalysts

No unusual perp activity right now.

Reference data

Market context

Macro calendar

12
UpdatedEventPreviousEstimateActual
USD · Producer Price Index MoM (Oct)1.4 %0.4 %0.3 %
USD · NY Empire State Manufacturing Index (Nov)25.510-
USD · Retail Sales Ex Gas/Autos MoM (Oct)0.2 %0.3 %-
USD · Retail Sales MoM (Oct)0.8 %0 %-
USD · Retail Sales Ex Autos MoM (Oct)0.9 %0.4 %-
USD · FOMC Minutes---
USD · Jobless Claims 4-Week Average (Nov/14)195.25 K192 K-
USD · Initial Jobless Claims (Nov/14)200 K200 K-
USD · Continuing Jobless Claims (Nov/07)1,6971,725-
USD · S&P Global Services PMI (Nov)56.1 Points--
USD · S&P Global Manufacturing PMI (Nov)54.9 Points--
USD · Core PPI MoM (Oct)0.8 %0.3 %0.3 %

Frequently asked questions

Where can I trade NIKKEI perpetual futures?

Nikkei 225 (NIKKEI) perpetual futures trade on 8 crypto venues, including XT.com, Hyperliquid HIP-3, Bitget. PerpEquities compares them by live price, funding rate, open interest and liquidity.

Can I trade NIKKEI around the clock?

Yes. Unlike the underlying stock, NIKKEI perpetuals trade 24/7 — including weekends and outside regular market hours.

What is the funding rate on NIKKEI perpetuals?

Right now the NIKKEI perp funding rate is +5.5% annualized (venue median), ranging from +5.5% to +5.5% across 8 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.

What is a NIKKEI perpetual future?

A NIKKEI perpetual is a derivative that tracks the price of Nikkei 225 with no expiry date. It lets you take long or short exposure to Nikkei 225 on crypto venues, around the clock.

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Analysts who hit 70%+ of their targets on the perps we track, congress buys over $500k, 13F positions over $5M, funding spreads that have paid for days. Every post shows the evidence. Free, no sign-up.

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Daily movers, new listings and funding extremes as they happen.

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