Where to Trade S Perpetual Futures

12 exchanges offer S perps — compare fees, leverage, and volume below.

Exchange	Pair	Taker Fee	Leverage	24h Volume
HyperliquidHyperliquid L1	S-USD	0.045%	5×	$4.26B	Trade
AsterBNB Chain	SUSDT	0.035%	5×	$1.47B	Trade
LighterEthereum L2	S-USDC	0.00%	20×	$1.18B	Trade
edgeXEthereum L2	S-USD	0.050%	10×	$1.07B	Trade
VariationalEthereum L2	S	0.00%	20×	$658M	Trade
ExtendedStarknet	S-USD	0.050%	10×	$507M	Trade
dYdXdYdX Chain	S-USD	0.030%	5×	$191M	Trade
Orderly NetworkMulti-chain	PERP_S_USDC	0.030%	10×	$91.1M	Trade
GMX v2Arbitrum, MegaETH	S/USD [WBTC.b-USDC]	0.060%	100×	$81M	Trade
ParadexStarknet	S-USD-PERP	0.00%	5×	$19M	Trade
Gains NetworkArbitrum, Polygon, Base	S-USD	0.050%	150×	$16.6M	Trade
AarkArbitrum	S-USDC	0.010%	10×	$5.2M	Trade