US Investors Get Crypto-Style Stock Perps at 6.7x Max

The perpetual futures crypto traders use on offshore exchanges now have a regulated path onto U.S. stocks, but that version runs on equity-market hours with much tighter leverage. Key Takeaways U.S. stock perps cap leverage near 6.7x. Proposed venues close Friday, reopen Sunday evening. Funding runs hourly on Coinbase, daily on Kalshi. Coinbase’s existing stock perps are a Bermuda product. In a November 3 statement , CFTC Chairman Michael Selig said perpetual futures on individual stocks can begin trading on designated contract markets that are also notice-registered with the SEC as national securities exchanges for security futures.