Live · Editorial DeskEN · Edition

Perpetual contracts

Synthetic markets research

StockTrade research on BingX stock, index, commodity and forex-style perpetual contracts. Use these pages to separate reference exposure from derivative mechanics: margin, funding, liquidation, spread, depth and venue risk.

These are not stocks, ETFs or xStocks.They are perpetual derivative contracts. Check leverage, margin, funding, liquidation, spread and venue rules before treating the chart like ordinary market access.

Available pages

Synthetic markets covered by StockTrade

This is a curated release set, not the full BingX contract catalog. Each page combines live public market data with editorial notes on contract fit, reference exposure and derivative-specific risk.

Browse by market26 visible
NASDAQ100-USDTIndex

Nasdaq 100 perpetual

A US technology-heavy index contract that tracks Nasdaq-100 style exposure through a crypto perpetual market.

Reference
Nasdaq-100 style index exposure
Instrument
USDT perpetual contract
SP500-USDTIndex

S&P 500 perpetual

A broad US large-cap index contract for comparing perpetual access with traditional S&P 500 ETFs.

Reference
S&P 500 style US large-cap exposure
Instrument
USDT perpetual contract
DowJones-USDTIndex

Dow Jones perpetual

A perpetual contract referencing blue-chip US index exposure rather than direct shares or ETFs.

Reference
Dow Jones Industrial Average style exposure
Instrument
USDT perpetual contract
RUSSELL2000-USDTIndex

Russell 2000 perpetual

A small-cap index perpetual where underlying volatility and derivative execution risk can stack.

Reference
US small-cap index style exposure
Instrument
USDT perpetual contract
Nikkei 225-USDTIndex

Nikkei 225 perpetual

A Japan equity-index perpetual for users comparing global index access on crypto venues.

Reference
Japanese large-cap index style exposure
Instrument
USDT perpetual contract
DXY-USDTIndex

US Dollar Index perpetual

A DXY-style perpetual for tracking dollar strength through a crypto derivatives interface.

Reference
US Dollar Index style exposure
Instrument
USDT perpetual contract
GER40-USDTIndex

GER40 perpetual

A Germany equity-index perpetual for comparing European index access on crypto venues.

Reference
German large-cap index style exposure
Instrument
USDT perpetual contract
AAPL-USDTStock

Apple perpetual

A single-stock style perpetual referencing Apple market exposure without creating Apple share ownership.

Reference
Apple Inc. style exposure
Instrument
USDT perpetual contract
TSLA-USDTStock

Tesla perpetual

A high-beta single-stock style perpetual where underlying volatility and margin risk can stack quickly.

Reference
Tesla Inc. style exposure
Instrument
USDT perpetual contract
NVDA-USDTStock

NVIDIA perpetual

An AI semiconductor stock-style perpetual for comparing crypto-venue access with normal broker routes.

Reference
NVIDIA Corp. style exposure
Instrument
USDT perpetual contract
MSFT-USDTStock

Microsoft perpetual

A Microsoft-style perpetual that separates familiar business exposure from derivative contract risk.

Reference
Microsoft Corp. style exposure
Instrument
USDT perpetual contract
AMZN-USDTStock

Amazon perpetual

An Amazon-style perpetual for studying e-commerce, cloud and ad exposure through crypto derivatives.

Reference
Amazon.com Inc. style exposure
Instrument
USDT perpetual contract
GOOGL-USDTStock

Alphabet perpetual

An Alphabet-style perpetual for comparing search, cloud and AI exposure through a derivative venue.

Reference
Alphabet Inc. style exposure
Instrument
USDT perpetual contract
META-USDTStock

Meta perpetual

A Meta-style perpetual where platform-stock risk is layered with crypto-venue execution risk.

Reference
Meta Platforms Inc. style exposure
Instrument
USDT perpetual contract
COIN-USDTStock

Coinbase perpetual

A crypto-cycle equity perpetual tied to Coinbase-style market exposure.

Reference
Coinbase Global Inc. style exposure
Instrument
USDT perpetual contract
MSTR-USDTStock

MicroStrategy perpetual

A bitcoin-treasury stock-style perpetual with equity, crypto sentiment and margin risk.

Reference
MicroStrategy Inc. style exposure
Instrument
USDT perpetual contract
QQQ-USDTETF-style

QQQ perpetual

A QQQ-style perpetual for comparing ETF-like exposure against direct ETF ownership.

Reference
Nasdaq-100 ETF style exposure
Instrument
USDT perpetual contract
SPY-USDTETF-style

SPY perpetual

An SPY-style perpetual for users comparing broad ETF access with a crypto derivative route.

Reference
S&P 500 ETF style exposure
Instrument
USDT perpetual contract
GOLD(XAU)-USDTCommodity

Gold perpetual

A gold-style perpetual for comparing commodity exposure with ETFs, futures and tokenized gold.

Reference
Gold spot style exposure
Instrument
USDT perpetual contract
SILVER(XAG)-USDTCommodity

Silver perpetual

A silver-style perpetual where commodity volatility meets derivative venue mechanics.

Reference
Silver spot style exposure
Instrument
USDT perpetual contract
Oil WTI-USDTCommodity

Oil WTI perpetual

A WTI oil-style perpetual for studying energy exposure on a crypto derivatives venue.

Reference
WTI crude oil style exposure
Instrument
USDT perpetual contract
Oil Brent-USDTCommodity

Oil Brent perpetual

A Brent oil-style perpetual for comparing global crude exposure through derivatives.

Reference
Brent crude oil style exposure
Instrument
USDT perpetual contract
Natural Gas-USDTCommodity

Natural gas perpetual

A natural-gas style perpetual where seasonality and volatility require extra caution.

Reference
Natural gas style exposure
Instrument
USDT perpetual contract
EURUSD-USDTForex

EUR/USD perpetual

A EUR/USD perpetual for comparing FX exposure on BingX with normal spot FX or broker routes.

Reference
EUR/USD currency pair exposure
Instrument
USDT perpetual contract
GBPUSD-USDTForex

GBP/USD perpetual

A GBP/USD perpetual for tracking sterling-dollar exposure through a derivative venue.

Reference
GBP/USD currency pair exposure
Instrument
USDT perpetual contract
USDJPY-USDTForex

USD/JPY perpetual

A USD/JPY perpetual where rate differentials, yen intervention risk and margin mechanics matter.

Reference
USD/JPY currency pair exposure
Instrument
USDT perpetual contract

Start here

Read the contract before reading the chart

A familiar ticker can hide the product structure. The important question is whether a perpetual derivative is the right route compared with a regulated broker, ETF, futures account, spot FX account or tokenized wrapper.

What is covered here?

StockTrade tracks selected BingX USDT perpetual contracts that reference equity indices, single stocks, ETF-style products, commodities and FX pairs.

Why not call them xStocks?

xStocks are tokenized wrappers. These BingX markets are perpetual derivatives. The risk model is different: margin, funding, liquidation and exchange order-book depth matter.

How should the pages be used?

Use them as educational market-structure pages: compare the reference exposure, current contract data, venue mechanics and the practical difference from broker access.

Risk checklist

Perpetual mechanics can dominate the reference asset

Synthetic access can be useful for research, hedging or specialized trading, but it should not be confused with ownership. Start with the product mechanics, then decide whether the reference market is relevant.

  • Perpetual contracts are derivatives, not stocks, ETFs, commodities or cash FX positions.
  • They can use margin and leverage, so liquidation risk can matter more than the reference market move.
  • Funding, spreads, order-book depth and venue rules can change the practical trading cost.
  • No shareholder rights, dividends, broker custody or normal ETF ownership come from these contracts.
  • Market data can be useful for research, but it is not a guarantee of executable price.

How to compare

Perpetual contracts vs broker-held positions

CheckBroker or fund routeSynthetic perpetual route
Legal positionBroker-held shares or fund unitsDerivative contract exposure
RightsMay include dividend, voting or corporate-action processesNo ordinary shareholder or fund-holder rights
Main riskBroker custody, fees, product fit and market riskFunding, leverage, liquidation, spread and venue risk
Data sourceBroker, exchange or fund dataBingX public market data

Related research

Keep the product routes separate

FAQ

Common synthetic-market questions

Are these contracts the same as buying stocks?

No. They are perpetual derivative contracts that reference market exposure. They do not create direct ownership of shares, ETFs, commodities or currencies.

Why include them on StockTrade?

They are a growing way users encounter stock, index and commodity-like exposure through crypto venues. Covering them separately helps avoid mixing derivatives with normal brokerage investing.

Should this replace broker research?

No. For long-term investing, compare regulated brokers and standard ETFs first. Synthetic perpetual markets are specialized, higher-risk instruments.

What should I check before trading?

Check leverage, margin mode, funding, live spread, order-book depth, liquidation rules, fees, contract specs, withdrawal routes and whether the venue is suitable in your jurisdiction.