S&P 500 perpetual|$7,733.3▼ −0.36%(−$28.10)

Leverage cuts both ways. Real liquidations can fire before the thresholds shown here if maintenance margin is breached, so treat these as ballpark estimates rather than guarantees.

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About

The S&P 500 is a stock market index tracking the stock performance of 500 leading companies listed on stock exchanges in the United States. It is one of the most commonly followed equity indices and includes approximately 80% of the total market capitalization of U.S. public companies, with an aggregate market cap of more than $61.1 trillion as of December 31, 2025. The S&P 500 index is a public-float-weighted/capitalization-weighted index. The index is associated with many ticker symbols, including ^GSPC,. INX, and SPX, depending on market or website. The S&P 500 is maintained by S&P Dow Jones Indices, owned 73% by S&P Global and 27% by CME Group, and its components are selected by a committee.

⚠Worth knowing

Leverage cuts both ways.

• You can be liquidated in a single move if your losses exceed your collateral.
• Funding fees apply every hour, charged by whichever side is more crowded.
• You don't own SP500 or any underlying claim — no dividends, no voting rights.

Speaking the language

Hover any term for a one-line explanation.