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