Q: What is OIL-PERP?
A: OIL-PERP is the perpetual contract for WTI Crude Oil on LMEX Markets. It tracks the price of WTI Crude Oil with no expiry date, anchored via funding payments that settle every 8 hours between long and short holders.
Q: How do I trade OIL-PERP?
A: Open an account at lmexmarkets.com, deposit USDT, and search for OIL-PERP in the trading interface. Leverage up to 125× is available on major markets. All five asset classes share one cross-margin wallet.
Q: What is the funding rate on OIL-PERP?
A: Funding on OIL-PERP settles every 8 hours between longs and shorts. Positive funding means longs pay shorts (the perpetual is trading at a premium to the index); negative funding means shorts pay longs. The live rate is shown above.
Q: Can I trade OIL-PERP 24/7?
A: Yes. LMEX Markets runs 24 hours a day, 7 days a week. Unlike traditional commodities markets that close at fixed hours, OIL-PERP can be traded anytime, including weekends and holidays.