Trade USA Rare Earth (USAR) Perpetuals
Go long or short on USA Rare Earth 24/7 with leverage — no shares, no market hours. Below are the live USAR perp price, funding rate and the best platforms to trade it.
Trade USAR on Perpmate →Live data from Hyperliquid, updated hourly. Funding is currently positive — longs are paying shorts to hold USAR.
Where to trade USAR perps
| Platform | Fees | Max Leverage | Trade |
|---|---|---|---|
| PerpmatePopular | Low maker/taker fees | Up to 50x | Trade → |
| Hyperliquid | Low maker/taker fees | Up to 20x (equities) | Trade → |
| Lighter | Zero fees for retail | Up to 20x | Trade → |
| Ostium | Has trading fees | Up to 200x | Trade → |
| Avantis | Low fees | Up to 50x+ | Trade → |
See all 12 platforms compared →
How USAR perpetuals work
A USAR perpetual tracks the live price of USA Rare Earth without ever expiring. Instead of buying shares through a broker during market hours, you open a leveraged position on-chain that settles in stablecoins — so you can trade USAR nights, weekends and holidays.
A small funding rate is exchanged between longs and shorts to keep the USAR perp price tethered to the real USA Rare Earthshare price. When funding is positive, longs pay shorts; when it's negative, shorts pay longs. Right now USAR funding is +5.5% APR.
USAR perps FAQ
What is a USAR perpetual?+
A USAR perpetual (or "USAR perp") is a futures contract that tracks the price of USA Rare Earth with no expiry date. You can go long or short with leverage, 24/7, without owning the actual USA Rare Earth shares. A periodic funding payment keeps the perp price anchored to the underlying USAR price.
Can I short USAR with perps?+
Yes. Perps let you short USAR as easily as going long — no share borrow, no locate fees. Open a short position on a platform like Perpmate to profit if USA Rare Earth falls.
Where is the best place to trade USAR perps?+
Perpmate is our top-rated venue for USAR perps — low maker/taker fees, up to 50x leverage and 24/7 access with no KYC. See the full platform comparison below.