Decorative Blob
Decorative Blob
Decorative Blob

Perpetuals

Markets are now open 24/7

Trade stocks, commodities, and ETFs with up to 25x leverage via perpetual contracts.
Kraken Pro interface with charts, indicators, and order book

Available on

BTC icon

BTC

Perp

-0.28%

ETH icon

ETH

Perp

-0.35%

ZEC icon

ZEC

Perp

+0.88%

SOL icon

SOL

Perp

-1.14%

HYPE icon

HYPE

Perp

+1.29%

XRP icon

XRP

Perp

+1.03%

NEAR icon

NEAR

Perp

-1.35%

QNT icon

QNT

Perp

+2.91%

DOGE icon

DOGE

Perp

+0.47%

ENA icon

ENA

Perp

-0.79%

XAU icon

XAU

Perp

-0.04%

SUI icon

SUI

Perp

-0.51%

XMR icon

XMR

Perp

+2.14%

XAG icon

XAG

Perp

-1.68%

ADA icon

ADA

Perp

-0.01%

STRK icon

STRK

Perp

+2.73%

WTIOIL icon

WTIOIL

Perp

-0.23%

PUMP icon

PUMP

Perp

-0.88%

TAO icon

TAO

Perp

-1.16%

ONDO icon

ONDO

Perp

+0.42%

LINK icon

LINK

Perp

-0.46%

INJ icon

INJ

Perp

+1.09%

PEPE icon

PEPE

Perp

-1.72%

WLD icon

WLD

Perp

-1.15%

DASH icon

DASH

Perp

+7.38%

DOT icon

DOT

Perp

-2.33%

AVAX icon

AVAX

Perp

-1.32%

SPCXX icon

SPCXx

Perp

-0.88%

CRCLX icon

CRCLx

Perp

-4.64%

PENGU icon

PENGU

Perp

-1.4%

FET icon

FET

Perp

-1.42%

BNB icon

BNB

Perp

-0.5%

FIL icon

FIL

Perp

-1.81%

XLM icon

XLM

Perp

-0.67%

UNI icon

UNI

Perp

+1.45%

WIF icon

WIF

Perp

-0.72%

CRV icon

CRV

Perp

-2.31%

FARTCOIN icon

FARTCOIN

Perp

+1.75%

TRUMP icon

TRUMP

Perp

+2.12%

AAVE icon

AAVE

Perp

-2.45%

LTC icon

LTC

Perp

-0.23%

TIA icon

TIA

Perp

-0.61%

XAUT icon

XAUT

Perp

-0.2%

ZRO icon

ZRO

Perp

-4.68%

MU icon

MU

Perp

+3.17%

PONS icon

PONS

Perp

+1.46%

TRX icon

TRX

Perp

-0.44%

MSTRX icon

MSTRx

Perp

-1.33%

RENDER icon

RENDER

Perp

-1.82%

AAPLX icon

AAPLx

Perp

-0.99%

BTC icon

BTC

Perp

-0.28%

ETH icon

ETH

Perp

-0.35%

ZEC icon

ZEC

Perp

+0.88%

SOL icon

SOL

Perp

-1.14%

HYPE icon

HYPE

Perp

+1.29%

XRP icon

XRP

Perp

+1.03%

NEAR icon

NEAR

Perp

-1.35%

QNT icon

QNT

Perp

+2.91%

DOGE icon

DOGE

Perp

+0.47%

ENA icon

ENA

Perp

-0.79%

XAU icon

XAU

Perp

-0.04%

SUI icon

SUI

Perp

-0.51%

XMR icon

XMR

Perp

+2.14%

XAG icon

XAG

Perp

-1.68%

ADA icon

ADA

Perp

-0.01%

STRK icon

STRK

Perp

+2.73%

WTIOIL icon

WTIOIL

Perp

-0.23%

PUMP icon

PUMP

Perp

-0.88%

TAO icon

TAO

Perp

-1.16%

ONDO icon

ONDO

Perp

+0.42%

LINK icon

LINK

Perp

-0.46%

INJ icon

INJ

Perp

+1.09%

PEPE icon

PEPE

Perp

-1.72%

WLD icon

WLD

Perp

-1.15%

DASH icon

DASH

Perp

+7.38%

DOT icon

DOT

Perp

-2.33%

AVAX icon

AVAX

Perp

-1.32%

SPCXX icon

SPCXx

Perp

-0.88%

CRCLX icon

CRCLx

Perp

-4.64%

PENGU icon

PENGU

Perp

-1.4%

FET icon

FET

Perp

-1.42%

BNB icon

BNB

Perp

-0.5%

FIL icon

FIL

Perp

-1.81%

XLM icon

XLM

Perp

-0.67%

UNI icon

UNI

Perp

+1.45%

WIF icon

WIF

Perp

-0.72%

CRV icon

CRV

Perp

-2.31%

FARTCOIN icon

FARTCOIN

Perp

+1.75%

TRUMP icon

TRUMP

Perp

+2.12%

AAVE icon

AAVE

Perp

-2.45%

LTC icon

LTC

Perp

-0.23%

TIA icon

TIA

Perp

-0.61%

XAUT icon

XAUT

Perp

-0.2%

ZRO icon

ZRO

Perp

-4.68%

MU icon

MU

Perp

+3.17%

PONS icon

PONS

Perp

+1.46%

TRX icon

TRX

Perp

-0.44%

MSTRX icon

MSTRx

Perp

-1.33%

RENDER icon

RENDER

Perp

-1.82%

AAPLX icon

AAPLx

Perp

-0.99%

BTC icon

BTC

Perp

-0.28%

ETH icon

ETH

Perp

-0.35%

ZEC icon

ZEC

Perp

+0.88%

SOL icon

SOL

Perp

-1.14%

HYPE icon

HYPE

Perp

+1.29%

XRP icon

XRP

Perp

+1.03%

NEAR icon

NEAR

Perp

-1.35%

QNT icon

QNT

Perp

+2.91%

DOGE icon

DOGE

Perp

+0.47%

ENA icon

ENA

Perp

-0.79%

XAU icon

XAU

Perp

-0.04%

SUI icon

SUI

Perp

-0.51%

XMR icon

XMR

Perp

+2.14%

XAG icon

XAG

Perp

-1.68%

ADA icon

ADA

Perp

-0.01%

STRK icon

STRK

Perp

+2.73%

WTIOIL icon

WTIOIL

Perp

-0.23%

PUMP icon

PUMP

Perp

-0.88%

TAO icon

TAO

Perp

-1.16%

ONDO icon

ONDO

Perp

+0.42%

LINK icon

LINK

Perp

-0.46%

INJ icon

INJ

Perp

+1.09%

PEPE icon

PEPE

Perp

-1.72%

WLD icon

WLD

Perp

-1.15%

DASH icon

DASH

Perp

+7.38%

DOT icon

DOT

Perp

-2.33%

AVAX icon

AVAX

Perp

-1.32%

SPCXX icon

SPCXx

Perp

-0.88%

CRCLX icon

CRCLx

Perp

-4.64%

PENGU icon

PENGU

Perp

-1.4%

FET icon

FET

Perp

-1.42%

BNB icon

BNB

Perp

-0.5%

FIL icon

FIL

Perp

-1.81%

XLM icon

XLM

Perp

-0.67%

UNI icon

UNI

Perp

+1.45%

WIF icon

WIF

Perp

-0.72%

CRV icon

CRV

Perp

-2.31%

FARTCOIN icon

FARTCOIN

Perp

+1.75%

TRUMP icon

TRUMP

Perp

+2.12%

AAVE icon

AAVE

Perp

-2.45%

LTC icon

LTC

Perp

-0.23%

TIA icon

TIA

Perp

-0.61%

XAUT icon

XAUT

Perp

-0.2%

ZRO icon

ZRO

Perp

-4.68%

MU icon

MU

Perp

+3.17%

PONS icon

PONS

Perp

+1.46%

TRX icon

TRX

Perp

-0.44%

MSTRX icon

MSTRx

Perp

-1.33%

RENDER icon

RENDER

Perp

-1.82%

AAPLX icon

AAPLx

Perp

-0.99%

BTC icon

BTC

Perp

-0.28%

ETH icon

ETH

Perp

-0.35%

ZEC icon

ZEC

Perp

+0.88%

SOL icon

SOL

Perp

-1.14%

HYPE icon

HYPE

Perp

+1.29%

XRP icon

XRP

Perp

+1.03%

NEAR icon

NEAR

Perp

-1.35%

QNT icon

QNT

Perp

+2.91%

DOGE icon

DOGE

Perp

+0.47%

ENA icon

ENA

Perp

-0.79%

XAU icon

XAU

Perp

-0.04%

SUI icon

SUI

Perp

-0.51%

XMR icon

XMR

Perp

+2.14%

XAG icon

XAG

Perp

-1.68%

ADA icon

ADA

Perp

-0.01%

STRK icon

STRK

Perp

+2.73%

WTIOIL icon

WTIOIL

Perp

-0.23%

PUMP icon

PUMP

Perp

-0.88%

TAO icon

TAO

Perp

-1.16%

ONDO icon

ONDO

Perp

+0.42%

LINK icon

LINK

Perp

-0.46%

INJ icon

INJ

Perp

+1.09%

PEPE icon

PEPE

Perp

-1.72%

WLD icon

WLD

Perp

-1.15%

DASH icon

DASH

Perp

+7.38%

DOT icon

DOT

Perp

-2.33%

AVAX icon

AVAX

Perp

-1.32%

SPCXX icon

SPCXx

Perp

-0.88%

CRCLX icon

CRCLx

Perp

-4.64%

PENGU icon

PENGU

Perp

-1.4%

FET icon

FET

Perp

-1.42%

BNB icon

BNB

Perp

-0.5%

FIL icon

FIL

Perp

-1.81%

XLM icon

XLM

Perp

-0.67%

UNI icon

UNI

Perp

+1.45%

WIF icon

WIF

Perp

-0.72%

CRV icon

CRV

Perp

-2.31%

FARTCOIN icon

FARTCOIN

Perp

+1.75%

TRUMP icon

TRUMP

Perp

+2.12%

AAVE icon

AAVE

Perp

-2.45%

LTC icon

LTC

Perp

-0.23%

TIA icon

TIA

Perp

-0.61%

XAUT icon

XAUT

Perp

-0.2%

ZRO icon

ZRO

Perp

-4.68%

MU icon

MU

Perp

+3.17%

PONS icon

PONS

Perp

+1.46%

TRX icon

TRX

Perp

-0.44%

MSTRX icon

MSTRx

Perp

-1.33%

RENDER icon

RENDER

Perp

-1.82%

AAPLX icon

AAPLx

Perp

-0.99%

BTC icon

BTC

Perp

-0.28%

ETH icon

ETH

Perp

-0.35%

ZEC icon

ZEC

Perp

+0.88%

SOL icon

SOL

Perp

-1.14%

HYPE icon

HYPE

Perp

+1.29%

XRP icon

XRP

Perp

+1.03%

NEAR icon

NEAR

Perp

-1.35%

QNT icon

QNT

Perp

+2.91%

DOGE icon

DOGE

Perp

+0.47%

ENA icon

ENA

Perp

-0.79%

XAU icon

XAU

Perp

-0.04%

SUI icon

SUI

Perp

-0.51%

XMR icon

XMR

Perp

+2.14%

XAG icon

XAG

Perp

-1.68%

ADA icon

ADA

Perp

-0.01%

STRK icon

STRK

Perp

+2.73%

WTIOIL icon

WTIOIL

Perp

-0.23%

PUMP icon

PUMP

Perp

-0.88%

TAO icon

TAO

Perp

-1.16%

ONDO icon

ONDO

Perp

+0.42%

LINK icon

LINK

Perp

-0.46%

INJ icon

INJ

Perp

+1.09%

PEPE icon

PEPE

Perp

-1.72%

WLD icon

WLD

Perp

-1.15%

DASH icon

DASH

Perp

+7.38%

DOT icon

DOT

Perp

-2.33%

AVAX icon

AVAX

Perp

-1.32%

SPCXX icon

SPCXx

Perp

-0.88%

CRCLX icon

CRCLx

Perp

-4.64%

PENGU icon

PENGU

Perp

-1.4%

FET icon

FET

Perp

-1.42%

BNB icon

BNB

Perp

-0.5%

FIL icon

FIL

Perp

-1.81%

XLM icon

XLM

Perp

-0.67%

UNI icon

UNI

Perp

+1.45%

WIF icon

WIF

Perp

-0.72%

CRV icon

CRV

Perp

-2.31%

FARTCOIN icon

FARTCOIN

Perp

+1.75%

TRUMP icon

TRUMP

Perp

+2.12%

AAVE icon

AAVE

Perp

-2.45%

LTC icon

LTC

Perp

-0.23%

TIA icon

TIA

Perp

-0.61%

XAUT icon

XAUT

Perp

-0.2%

ZRO icon

ZRO

Perp

-4.68%

MU icon

MU

Perp

+3.17%

PONS icon

PONS

Perp

+1.46%

TRX icon

TRX

Perp

-0.44%

MSTRX icon

MSTRx

Perp

-1.33%

RENDER icon

RENDER

Perp

-1.82%

AAPLX icon

AAPLx

Perp

-0.99%

BTC icon

BTC

Perp

-0.28%

ETH icon

ETH

Perp

-0.35%

ZEC icon

ZEC

Perp

+0.88%

SOL icon

SOL

Perp

-1.14%

HYPE icon

HYPE

Perp

+1.29%

XRP icon

XRP

Perp

+1.03%

NEAR icon

NEAR

Perp

-1.35%

QNT icon

QNT

Perp

+2.91%

DOGE icon

DOGE

Perp

+0.47%

ENA icon

ENA

Perp

-0.79%

XAU icon

XAU

Perp

-0.04%

SUI icon

SUI

Perp

-0.51%

XMR icon

XMR

Perp

+2.14%

XAG icon

XAG

Perp

-1.68%

ADA icon

ADA

Perp

-0.01%

STRK icon

STRK

Perp

+2.73%

WTIOIL icon

WTIOIL

Perp

-0.23%

PUMP icon

PUMP

Perp

-0.88%

TAO icon

TAO

Perp

-1.16%

ONDO icon

ONDO

Perp

+0.42%

LINK icon

LINK

Perp

-0.46%

INJ icon

INJ

Perp

+1.09%

PEPE icon

PEPE

Perp

-1.72%

WLD icon

WLD

Perp

-1.15%

DASH icon

DASH

Perp

+7.38%

DOT icon

DOT

Perp

-2.33%

AVAX icon

AVAX

Perp

-1.32%

SPCXX icon

SPCXx

Perp

-0.88%

CRCLX icon

CRCLx

Perp

-4.64%

PENGU icon

PENGU

Perp

-1.4%

FET icon

FET

Perp

-1.42%

BNB icon

BNB

Perp

-0.5%

FIL icon

FIL

Perp

-1.81%

XLM icon

XLM

Perp

-0.67%

UNI icon

UNI

Perp

+1.45%

WIF icon

WIF

Perp

-0.72%

CRV icon

CRV

Perp

-2.31%

FARTCOIN icon

FARTCOIN

Perp

+1.75%

TRUMP icon

TRUMP

Perp

+2.12%

AAVE icon

AAVE

Perp

-2.45%

LTC icon

LTC

Perp

-0.23%

TIA icon

TIA

Perp

-0.61%

XAUT icon

XAUT

Perp

-0.2%

ZRO icon

ZRO

Perp

-4.68%

MU icon

MU

Perp

+3.17%

PONS icon

PONS

Perp

+1.46%

TRX icon

TRX

Perp

-0.44%

MSTRX icon

MSTRx

Perp

-1.33%

RENDER icon

RENDER

Perp

-1.82%

AAPLX icon

AAPLx

Perp

-0.99%

Forbes
Best crypto platform 2025
Kaiko
AA Tier ranking
100+
Active licenses
Proof of Reserves
Independently verified

Follow it? Trade it.

Put your conviction to work on commodities, equities, pre-IPO stocks, and more.

xStocks perpetuals

Long or short Tesla, Nvidia, and more,
24/7, with up to 20x leverage.
Explore xStocks perps
Trade stock perpetuals

ETF perpetuals

Trade the S&P 500 and Nasdaq-100 with
leverage, overnight and on weekends.
View SPYx market
Nasdaq and S&P500 perps

Pre-IPO perpetuals

Buy private companies’ upcoming tokens before they go public. Then trade around the clock with leverage.
Discover Pre-IPO perps
Graph showing stock price trends with 'Short' and 'Long' labels before the listing

Commodity perpetuals

Long or short gold, silver, copper, crude oil and gas as USD-settled perps with no need for physical delivery.
Browse commodity perps
Long and short commodities
Kraken Pro Crypte Perpetuals

Crypto perpetuals

Long or short Bitcoin, Ethereum, Solana, and more, 24/7, with leverage and no expiry.
Explore crypto perps

Access 200+ markets

Your trading strategy shouldn’t be constrained by the markets. Test your system against gold, oil, energy, pre-IPOs and more.
79,888.00USD
-0.28%
41,59,27,477USD
2,313.40USD
-0.35%
7,30,94,535USD
1,222.96USD
+0.88%
5,74,93,299USD
100.09USD
-1.14%
2,77,30,576USD
77.58USD
+1.29%
1,56,64,843USD
1.30USD
+1.03%
1,24,29,785USD
4.45USD
-1.35%
98,46,910USD
199.27USD
+2.91%
72,10,670USD
0.078USD
+0.47%
55,66,050USD
0.21USD
-0.79%
44,73,010USD
4,012.96USD
-0.04%
39,86,965USD
0.91USD
-0.51%
31,02,222USD
600.35USD
+2.14%
25,33,431USD
53.34USD
-1.68%
24,24,970USD
0.20USD
-0.01%
23,61,352USD
0.046USD
+2.73%
22,75,917USD
100.83USD
-0.23%
20,36,901USD
0.0042USD
-0.88%
19,16,769USD
248.94USD
-1.16%
17,13,622USD
0.41USD
+0.42%
16,97,011USD
“Trading on Kraken Pro is smooth and seamless. The pair choice is excellent. It makes for a really great perps trading platform.”
Follis X Avatar
Follis - Trader in Residence

How it works on Kraken Pro

Four simple steps from funding one account to managing an open position.

Fund account

1 · Fund your account - Deposit crypto or fiat as collateral. One balance funds positions across all available perpetuals.

Gold chart in Kraken Pro mobile app

2 · Pick an asset - Choose a perpetual, from crypto and precious metals, to energy and Pre-IPO stocks, then set your direction.

Gold perp trading on Kraken Pro

3 · Size with leverage - Apply leverage within your limits, set your entry, and place protective orders.

Gold Perp position

4 · Manage your position - Track funding, watch your liquidation level, and adjust with reduce-only orders.

$2T+
Total transaction volume
190+
Supported countries
13M+
Registered users
15+ years
Operating since 2011

Manage your risk with dedicated tools

Leverage increases your exposure both ways. Our tools help you manage that exposure.
Stop-loss & take-profit
Set exit levels in advance so a position closes at your defined loss or gain, not on emotion.
Liquidation levels
See your liquidation price before entering and manage margin to stay clear of it.
Reduce-only & sizing
Scale out without flipping direction, and size positions to your account, not the maximum leverage available.
Track funding rates
Read the 1-hour funding rate. Remember that holding a perpetual contract carries an ongoing cost or credit.

Transparent fees

Enjoy some of the lowest and most transparent rates in the industry, with maker-taker fees that decrease with your 30-day volume.

Perpetuals FAQs

On Kraken Pro. Trade gold, silver, copper, crude oil, natural gas and energy as USD cash-settled perpetuals. Long or short commodities, up to 25x, 24/7, in the same account as your crypto.
No. These are cash-settled USD perpetuals. There’s no need for physical delivery and no expiry to roll, you trade the price move.
Gold, silver, copper, Brent and WTI crude oil, natural gas and energy.
Up to 25x on gold, silver and WTI crude oil, 20x on copper, natural gas, and Brent crude oil. Leverage magnifies gains and losses, and most retail derivatives accounts lose money.
Available to eligible Kraken Pro clients where offered. Geo restrictions apply.

Related content

Related content

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Ready to dive in?

Create a free account to unleash the power of Pro. It takes as little as 4 minutes to get started.

Kraken Pro Portfolio

Payward Digital Solutions Ltd. is licensed to conduct digital asset business by the Bermuda Monetary Authority. Trading futures, derivatives and other instruments using leverage involves an element of risk and may not be suitable for everyone. Read Kraken Derivatives’ risk disclosure to learn more.

Trading on margin involves significant risk and may not be suitable for all investors. You could lose more than your initial investment. Spot margin trading products are offered by Payward Trading Ltd, incorporated in the British Virgin Islands (BVI). This content is for informational purposes only and does not constitute financial or investment advice. Product availability may vary by jurisdiction. Please ensure you fully understand the risks involved before trading. Past performance is not indicative of future results.

xStocks are issued by Backed Assets (JE) Limited (a Jersey private limited company) and offered to eligible Kraken customers via Payward Digital Solutions Ltd. (PDSL), a company licensed to conduct digital asset business by the Bermuda Monetary Authority. xStocks are not, nor will they be registered with any local securities regulators. PDSL (Kraken) does not provide investment advice and/or recommendations, and, no communication, through any Kraken App or website or otherwise, should be construed as such. Individual investors should make their own decisions or seek professional independent advice if they are unsure as to the suitability / appropriateness of any investment for their circumstances or needs, including potential tax treatment. Investing in xStocks involves an element of risk. The value of an investment may go down as well as up, and past performance is not a reliable indicator of future results. Not available in the U.S. or to U.S. persons. Geo restrictions apply. Read Kraken’s xStocks Risk Disclosure at kraken.com/legal/xstocks as well as the Base Prospectus and related Final Terms for xStocks at assets.backed.fi/legal-documentation to learn more.

×Stocks Perps are offered to eligible Kraken customers via Payward Digital Solutions Ltd. ("PDSL"), a company licensed to conduct digital asset business by the Bermuda Monetary Authority. Neither this product nor xStocks are or will be registered with any local securities regulators. Trading derivatives involves a high level of risk and may not be suitable for all investors. You may lose more than your initial investment. This is not investment advice. Not available in the US and other geographic restrictions apply. For the full terms and conditions, please refer to Kraken's Terms of Service.
Kraken Prop is an unregulated service. This evaluation program is intentionally rigorous and designed to verify a trader’s risk-management skill and strategy discipline before any proprietary capital is allocated by Payward Oceanic Ltd. Most applicants do not pass on their first attempt and there is no guarantee that your performance will improve or that you will pass any future evaluations. Prospective traders should purchase an evaluation only if they are confident in their trading ability and knowingly accept the risk of not qualifying for a funded account. Evaluation fees are non-refundable for each attempt once trading begins, regardless of outcome.

In the EEA and most countries outside the US, IPO access on Kraken is via xStocks — tokenized securities issued by Backed Assets (JE) Limited pursuant to an EU-registered prospectus, providing price exposure only. xStocks are not equity and confer no voting or shareholder rights. Allocation is not guaranteed and is not first-come, first-served. It is decided by the IPO underwriters based on demand, not by xStocks or Kraken, and may be full, partial, or none. Any funds not allocated are returned. The value of investments may go down as well as up. Not available in the U.S. or to U.S. persons, or in the United Kingdom, Canada or Australia. Geo restrictions apply. xStocks are made available in the EEA by Payward Europe Digital Solutions (CY) Limited, regulated by CySEC (licence no. 342/17); and elsewhere by Payward Digital Solutions Ltd., regulated by the Bermuda Monetary Authority.