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×	$3.46B	Trade
AsterBNB Chain	SUSDT	0.035%	5×	$1.19B	Trade
LighterEthereum L2	S-USDC	0.00%	20×	$1.11B	Trade
VariationalEthereum L2	S	0.00%	20×	$756M	Trade
ExtendedStarknet	S-USD	0.050%	10×	$467M	Trade
edgeXEthereum L2	S-USD	0.050%	10×	$94.3M	Trade
GMX v2Arbitrum, MegaETH	S/USD [WBTC.b-USDC]	0.060%	100×	$78.3M	Trade
Orderly NetworkMulti-chain	PERP_S_USDC	0.030%	10×	$51.6M	Trade
dYdXdYdX Chain	S-USD	0.030%	5×	$35M	Trade
Gains NetworkArbitrum, Polygon, Base	S-USD	0.050%	150×	$20.9M	Trade
ParadexStarknet	S-USD-PERP	0.00%	5×	$9.5M	Trade
AarkArbitrum	S-USDC	0.010%	10×	$5.2M	Trade