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Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more

Zero trading fees on perpetual futures

For a limited time, enjoy 0.0% maker and 0.0% taker fees when you trade perpetual futures in eligible markets.

Introducing Perpetual Futures

Get started with zero trading fees

Limited time. Perpetual futures trading through Coinbase Advanced is only available to non-US customers in select jurisdictions. In order to create a Coinbase Advanced trading account, customers will need to pass through our standard assessment checks to determine their eligibility for this product. The information provided is for educational purposes only. All trading and investment strategies involve risk, including risk of loss, and thus may not be suitable for everyone.

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Level up your portfolio

Access leverage. Express your view of the market. Trade perpetual futures for zero fees.

Efficiently allocate capital

Open positions with less upfront capital. Contracts initially offer up to 20X leverage.

Unlock new trading strategies

Hedge your risk or add exposure, depending on which way you believe the market will go.

More flexibility, less friction

Perpetual futures maintain convergence with spot markets and allow you to hold your position as long as you have sufficient margin.

Seamless integration

Trade perpetual futures through one integrated interface on Coinbase Advanced. All trading settled in USDC, a globally trusted stablecoin.

Trade COIN50-PERP with up to 20X leverage

Coinbase has recently introduced the Coinbase 50 Index (COIN50), the new global benchmark to track the performance of the cryptoeconomy. Gain exposure to 50 assets via one perpetual future on Coinbase Advanced.

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Earn up to 4.7% rewards on your USDC collateral

Earn rewards on all USDC you hold on Coinbase, including USDC actively being used as collateral in perpetual futures trading.

Upon purchase of USDC, you will be automatically opted in to rewards. If you’d like to opt out or learn more about rewards, you can click here. The rewards rate is subject to change. Customers will be able to see the latest applicable rates directly within their accounts.

New: Pre-Launch Markets

Trade new tokens before they launch. Participate in price discovery of upcoming projects, all from a trusted platform. Look for the “PRE-LAUNCH” label next to a contract in our list of markets to find pre-launch markets available for trading now.

Pre launch markets landing page

Disclaimer:
Pre-Launch Markets are only available to users in eligible jurisdictions outside of the US, UK, and Canada. Pre-Launch Markets significantly differ from standard perpetual futures markets, carrying unique considerations and posing elevated risks. These markets are characterized by a different index price mechanism and conversion risk, and are more prone to lower liquidity, higher volatility, and increased liquidation risk. It is crucial to exercise caution and refrain from trading contracts that you are unfamiliar with or do not fully understand the associated risks. Learn more about Pre-Launch Markets on Coinbase and how they differ from standard perpetual futures markets in our Help Center.

Access over 90 perpetual futures contracts

Bitcoin Perpetual Futures

Product type

Linear perpetual (USDC-settled)

Expiration

Perpetual/no expiration

Underlying market

BTC - USD

Trading Hours

24 hours/day, 7 days/week, 365 days/year (excluding maintenance)

Minimum Order Size

10 USDC

Maximum Leverage

5x (20% base initial margin)

Ethereum Perpetual Futures

Product type

Linear perpetual (USDC-settled)

Expiration

Perpetual/no expiration

Underlying market

ETH - USD

Trading Hours

24 hours/day, 7 days/week, 365 days/year (excluding maintenance)

Minimum Order Size

10 USDC

Maximum Leverage

5x (20% base initial margin)

Litecoin Perpetual Futures

Product type

Linear perpetual (USDC-settled)

Expiration

Perpetual/no expiration

Underlying market

LTC - USD

Trading Hours

24 hours/day, 7 days/week, 365 days/year (excluding maintenance)

Minimum Order Size

10 USDC

Maximum Leverage

5x (20% base initial margin)

XRP Perpetual Futures

Product type

Linear perpetual (USDC-settled)

Expiration

Perpetual/no expiration

Underlying market

XRP - USD

Trading Hours

24 hours/day, 7 days/week, 365 days/year (excluding maintenance)

Minimum Order Size

10 USDC

Maximum Leverage

5x (20% base initial margin)

SOL Perpetual Futures

Product type

Linear perpetual (USDC-settled)

Expiration

Perpetual/no expiration

Underlying market

SOL - USD

Trading Hours

24 hours/day, 7 days/week, 365 days/year (excluding maintenance)

Minimum Order Size

10 USDC

Maximum Leverage

3.3x (30% base initial margin)

AVAX Perpetual Futures

Product type

Linear perpetual (USDC-settled)

Expiration

Perpetual/no expiration

Underlying market

AVAX - USD

Trading Hours

24 hours/day, 7 days/week, 365 days/year (excluding maintenance)

Minimum Order Size

10 USDC

Maximum Leverage

3.3x (30% base initial margin)

See the full list of perpetual futures contracts and product specifications in our Help Center.

Trade perpetual futures on the safest, most trusted crypto exchange.

Coinbase partners with high-bar regulators around the world to build a robust regulatory framework focused on user protections. Our perpetual futures contracts have been built within rigorous compliance standards.