Q: What is SPX500?
A: SPX500 is the perpetual contract for S&P 500 on LMEX Markets. It tracks the price of S&P 500 with no expiry date, anchored via funding payments that settle every 8 hours between long and short holders.
Q: How do I trade SPX500?
A: Open an account at lmexmarkets.com, deposit USDT, and search for SPX500 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 SPX500?
A: Funding on SPX500 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 SPX500 24/7?
A: Yes. LMEX Markets runs 24 hours a day, 7 days a week. Unlike traditional indices markets that close at fixed hours, SPX500 can be traded anytime, including weekends and holidays.