XYZ U.S. 100 Index (XYZ100) Perpetual Futures

The open-interest-weighted XYZ100 funding rate is +0.0006% per 8 hours, or +0.68% annualised. Positive funding means longs pay shorts. Compare all funding rates.

XYZ100 perpetual open interest is $290.35M (9,762 XYZ100), up 1.35% in 24 hours.

XYZ100 is a perpetual contract on tradeXYZ that tracks a US 100 stock index of large US listed companies. It lets traders take long or short exposure to that index with crypto margin. Profit and loss are settled in stablecoins, and no shares change hands.

XYZ U.S. 100 Index perps traded $183.86M in the last 24 hours, -19.88% on the day before.

Over the last 24 hours 50.8% of accounts are long and 49.2% short, a long/short ratio of 1.03. See the long/short ratio by exchange.

No. XYZ100 perps are crypto-settled contracts that follow an index price, and traders hold no shares, voting rights or dividends. Gains and losses come from the change in price between opening and closing a position, adjusted for funding payments.

tradeXYZ is a builder-deployed perps venue that runs on Hyperliquid through HIP-3, which lets third parties launch their own markets on Hyperliquid's infrastructure. It lists perps on US stocks and indices among other markets. Trades settle on Hyperliquid, and the Hyperliquid page covers how the exchange works.

$0 of XYZ100 positions were liquidated in 24 hours, $0 longs and $0 shorts. See liquidations across the market.

The contract keeps trading overnight, at weekends and on US holidays. Without a live index print, its price reflects trader demand and the venue's pricing rules, so it often acts as an early read on how the index may open. Gaps between the perp and the index tend to close once the cash market reopens.

XYZ100 perpetual futures are derivatives contracts that track the price of XYZ U.S. 100 Index and never expire. They settle in crypto, usually USDT or USDC, so you get long or short price exposure with leverage without owning the stocks in the index. A funding rate keeps the contract close to the reference price.

Funding is a payment between longs and shorts. When XYZ100 perps trade above the reference price, funding is positive and longs pay shorts. When they trade below it, shorts pay longs. Most exchanges settle every 8 hours and some, including Hyperliquid, settle every hour.

XYZ100 perps trade on 1 tracked exchange, tradeXYZ. Compare fees and features on the best perpetual exchanges or the top decentralized perpetual exchanges.

Coinperps does not give trading advice. Funding, open interest, the long/short ratio and liquidations show how other traders are positioned, but crowded positioning can last longer than expected. Size positions so a liquidation would not hurt you.