Ethereum (ETH) Perp Price
Go long or short on Ethereum with perpetual futures (perps), on fomo web and mobile.
Mark price
past 24 hours
Not available in the U.S. or to U.S. persons.
Ethereum perp price chart
Closing trade prices from Hyperliquid, in your time zone.
Market Stats
- Oracle price
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- Funding (1h)
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- Open interest
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- 24h volume
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- Max leverage
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Live data from Hyperliquid.
Ethereum perps on fomo
- Funding
- Paid every hour, by one side to the other
- Provided by
- Hyperliquid
- Fees
- fomo 0.05% per trade + protocol trading fee
Perps are leveraged and carry a high risk of fast losses. The protocol can also reduce or close positions without notice, even profitable ones (auto-deleveraging).
What is an Ethereum perp?
An Ethereum perp follows the price of ETH, the coin used to pay transaction fees on the Ethereum network. Pick long if you expect ETH to climb or short if you expect a drop, and no ETH changes hands. It has no expiry date, so you can hold it as long as your margin holds up. On fomo, Ethereum perps are provided by Hyperliquid, with up to 25x leverage, on web, iOS and Android.
How to trade Ethereum perps on fomo
- Log in to fomo on web or mobile, confirm you’re not a U.S. Person, and move USDC into your perps cash balance (minimum 5 USDC).
- Open Perps and pick ETH.
- Pick long or short, set your size (minimum 15 USDC, including leverage) and leverage, pick isolated or cross margin, add take profit or stop loss, and confirm.
What moves the Ethereum price
- Network use
- Every Ethereum transaction is paid for in ETH, so busy periods for apps and stablecoins add demand.
- Supply
- ETH has no fixed cap. New ETH goes to stakers while part of every fee is burned, so supply can shrink when the network is busy.
- Spot ETF flows
- Inflows to U.S. spot Ether ETFs add buying, and outflows add selling.
- Bitcoin
- ETH tends to move with Bitcoin, so big swings in BTC often carry it along.
Popular crypto perps on fomo
Every Hyperliquid and Trade[XYZ] perps market is tradeable on fomo: crypto, stocks, indices, commodities and pre-IPO. Each market page shows the live mark price, a price chart, funding and open interest.
| Market | Price | 24h change | Max leverage |
|---|---|---|---|
 Bitcoin BTC · Crypto | -- | -- | -- |
Ethereum ETH · Crypto | -- | -- | -- |
 Solana SOL · Crypto | -- | -- | -- |
 Hyperliquid HYPE · Crypto | -- | -- | -- |
Mark prices from Hyperliquid, refreshed every 20 seconds. Max leverage depends on the market.
Learn before you trade
Ethereum perps FAQ
What is the maximum leverage on ETH perps?
Up to 25x on fomo. Lower leverage gives your position more room before liquidation.
Learn more: Leverage on perps
ETH perps vs buying ETH: what’s the difference?
Buying ETH gives you coins you can send, use in apps or stake. A perp gives you none of that, just ETH’s price moves, with leverage and the option to short.
Do ETH perps earn staking rewards?
No. Staking rewards go to ETH locked up to help secure Ethereum, and a perp holds no ETH. What an open perp pays or receives is funding, every hour.
Can I short ETH on fomo?
Yes. When you open the position, pick short if you expect ETH to fall. A rise in ETH works against a short, and the position can be liquidated.
Do ETH perps expire?
No. Dated ETH futures settle on a fixed day. A perp never does, and stays open for as long as your margin holds up.
Updated November 2026. Product details come from fomo’s Terms of Service, Help Center and release notes; leverage and live data from Hyperliquid.