Equity Perps are Live: Trade Stocks with Crypto 24/7
Stocks trading 9am to 5pm, Monday to Friday? Not anymore.
BitMEX is thrilled to announce the launch of Equity Perps, the simplest way to gain exposure to global TradFi markets. Using crypto as collateral, you can now trade perpetual swaps on the top US stocks and indices with up to 20x leverage – even when US markets are closed.
The best part? Win from a 70,000 USDT prize pool by trading Equity Perps on BitMEX whilst enjoying up to -0.025% in Maker Rebates. For more details on how you can enjoy the benefits, click here.
TL;DR:
TradFi trading markets are limited: fixed trading hours, geographic hurdles, shorting restrictions, and minimal leverage. Plus, diversifying your portfolio is a painful, multi-step process.
With Equity Perps on BitMEX, you can speculate on the price movements of major US stocks and indices – even when US markets are closed.
Available contracts include: Amazon, Apple, Circle, Coinbase, Meta, Nasdaq, Nvidia, Robinhood, S&P500, Tesla, with the list to continue expanding.
Trade Equity perps with up to 20x leverage using your crypto (like Bitcoin or Tether) as margin collateral – the easiest way to trade stocks with crypto.
All traders can enjoy up to -0.025% in Maker Rebates when trading Equity Perps and win from a 70,000 USDT prize pool.
If you haven’t signed up for a BitMEX account yet, we’re currently offering $5,050 worth of trading credits to new users – you can register here.
What are Equity Perps?
Equity Perps are cash-settled perpetual swap contracts whose underlying price is based on the performance of a specific US stock or index. Similar to BitMEX’s existing crypto perpetuals, Equity Perps track the underlying price through a funding rate mechanism and do not have an expiry date. Learn more about how perpetual swaps work here.
Can I trade stocks with crypto?: The biggest advantage is the ability to use crypto as margin collateral to get long/short exposure via Equity Perps. This means you don’t need to off-ramp your holdings to fiat currencies; you can trade stocks with Bitcoin (or other crypto) directly on the platform.
24/7/365: Trade continuously with instant execution, unconstrained by TradFi stock market hours. Access high liquidity around the clock.
High leverage: Take advantage of market movements with up to 20x leverage on your positions.
Shorting without the limits: Unlike TradFi markets where shorting (selling) is constrained by inventory, high borrowing cost, and recall risks, Equity Perps allow you to short positions efficiently.
Hedge and earn: Unlike TradFi futures, Equity Perps contracts have no expiration date, allowing you to hedge your stocks and potentially earn a funding rate.
Gain global access: International users may face hurdles accessing US equity markets. Equity Perps on BitMEX solve this issue, providing straightforward, 24/7 exposure to major US stocks and indices directly from our platform.
How do Equity Perps Work?
Trading Fees
All trades placed on Equity Perps contracts on BitMEX will feature a -2.5bps Maker Rebate and 7.5bps Taker Fee. For more details, visit this page.
Trading Hours and Price Integrity
Trading on BitMEX Equity Perps is open 24/7, regardless of TradFi market exchange hours.
During US trading hours, our index price for Equity Perps is dominated by the real-time TradFi prices. However, outside of these hours (overnights, weekends, holidays), the index is maintained by referencing tokenised spot prices from other centralised exchanges.
In the unlikely event that all other index components are stale, the index price will be marked to the median of bid, ask and last price of the BitMEX orderbook. An hourly price band of 2% will be applied to the current price to protect users from spurious price movements.
Unlike most platforms that rely on tokenised stock prices, our robust index methodology, supported by data feeds from industry leaders like Pyth and Chainlink, takes prices from both real stocks and tokenised stocks to provide a holistic edge. The number of price sources our index uses ensures a fair and continuous trading experience. To learn more about our Equity Perps index, read here.
Funding
Funding is paid based on the traded prices and the premium index, on the same 8-hour schedule as our existing perpetual swaps on BitMEX, regardless of US equity trading hours.
Corporate Actions
In the event of any corporate actions such as stock splits, BitMEX will initiate early settlement of the impacted contract and relist when completed.
Equity Perps Contracts on BitMEX
BitMEX is launching Equity Perps with a powerful selection of the most actively traded US stocks and indices, as shown below.
Index Contracts:
Stock Contracts:
Trade Equity Perps and Win 70,000 USDT
To celebrate the launch of Equity Perps on BitMEX, we’re offering a 70,000 USDT prize pool to all users who trade the new product. How you can win your share:
Learn and Earn: Test your Equity Perps knowledge with a short quiz and earn as you trade the new contracts. Boost your rewards by inviting friends to join.
Trade and Earn: Earn up to 500 USDT when trading any of our new Equity Perps contracts.
Refer and Earn: Invite friends to trade Equity Perps with you for both of you to receive rewards.
For more details on how you can win your share of the rewards, visit here.
To be the first to know about our new listings, product launches, giveaways and more, we invite you to join one of our online communities and connect with other traders.
For the absolute latest, you can also follow us on Twitter, or read our blog and site announcements.
In the meantime, if you have any questions please contact Support who are available 24/7.
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