Markets/Indexes/S&P 500

S&P 500 Perpetual Futures on Dexari

SP500IndexesUp to 50x leverage

S&P 500 (SP500) perpetual futures are available on Dexari, a mobile app for trading perps on Hyperliquid. Traders can go long or short on SP500 with up to 50x leverage, hourly funding, and full self custody of their account. The perp tracks the S&P 500 index level.

Mark price
$7,565
+0.35% today
24h volume
$183.0M
SP500 perps on Hyperliquid
Funding rate
-0.0014%
per hour, longs pay shorts when positive
Max leverage
50x
cross or isolated margin
Minimum order
$10
notional value
Contract
SP500/USD
perpetual, no expiry

Live fields update when the page loads. Data as of 2026-07-10 17:56 UTC.

Trade SP500 anywhere. Download Dexari for iOS and Android.
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About S&P 500

Tracks the S&P 500, the most widely followed benchmark for the US stock market. The index is a market-cap-weighted basket of the 500 leading large-cap US stocks, covering roughly 80% of total US equity market value across every major sector from tech and healthcare to energy and financials.

Index weights are dominated by US technology, consumer, and financial giants. Because the S&P 500 sets the tone for global equities, it moves on US economic data, Federal Reserve decisions, and earnings from its largest constituents.

How to trade SP500 perps on Dexari

1

Download Dexari

Get the app on iOS or Android and create your account.

2

Fund your account

Deposit USDC to your self custodial trading account.

3

Open a position

Go long or short on SP500 and manage your trade from anywhere.

What are perpetual futures?Funding rates explainedWhat is Hyperliquid?

Frequently asked questions

Can I trade S&P 500 perps on mobile?
Yes. S&P 500 perpetual futures trade on Dexari, a native mobile app for iOS and Android built on Hyperliquid.
What leverage is available for SP500 on Dexari?
S&P 500 perpetual futures on Dexari support up to 50x leverage with cross or isolated margin. At 50x, a $100 margin deposit controls a $5,000 position, so small price moves have a large effect on your margin.
How do SP500 funding rates work on Hyperliquid?
Funding payments are exchanged between longs and shorts every hour on Hyperliquid. When the rate is positive, longs pay shorts. When it is negative, shorts pay longs. Funding is peer to peer, not a platform fee, and is calculated on your full position size.
Can I buy the S&P 500 index directly?
An index cannot be bought directly. SP500 perps give you leveraged long or short exposure to the index level, and your position exchanges hourly funding while it stays open.
How much do I need to start trading SP500 perps?
You can open a SP500 perp position on Dexari from $10 of notional value. You choose your own margin and leverage up to the 50x maximum.
What are the fees for trading SP500 perps on Dexari?
Dexari charges a trading fee per order, and open positions exchange hourly funding between traders. Current fee rates are listed on the fees page in the Dexari Help Center.
What is liquidation and when does it happen?
A position is liquidated when its margin falls below the maintenance requirement. Using lower leverage and monitoring your margin reduces liquidation risk.
Do I keep custody of my funds?
Yes. Dexari is self custodial. Your positions and balances live on Hyperliquid and remain under your control.

Trade S&P 500 perps anywhere

Deep liquidity and pro grade tools, in an app that fits in your pocket.

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Rating as of 2026-07-08

How you can use SP500 on Dexari

Go long SP500
Open a leveraged long position when you expect the price to rise.
Go short SP500
Take a position that gains when the SP500 price falls.
Manage your risk
Set stop loss and take profit orders from your phone.
Learn perps from zero
Start with our guide to perpetual futures.

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