8
Crypto perpetuals
Perps on Perpl
BTC, ETH, SOL, MON, HYPE, ZEC, LIT, and PUMP. A perpetual follows a coin's price and never expires, so you can go long or short. Priced from Perpl's order book on Monad, with up to 15× leverage.
Every market, live.
Crypto perpetuals on Perpl and forex, metals, energies and indices from MonFunded liquidity, in one account.
Crypto perps, live
Perps on Perpl
- BTC—
- ETH—
- SOL—
- MON—
- HYPE—
- ZEC—
- LIT—
- PUMP—
Prices delayed. The last prices we received are shown.
Mark price: the price a perp is valued at. Max leverage is Perpl's limit for that market.
Challenge markets
01Markets
Crypto and forex, one account.
One challenge account trades two sources of liquidity, and the app never mixes them up: crypto perpetuals on Perpl, and forex, metals, energies and indices from MonFunded liquidity.
95
Forex and CFDs
MonFunded liquidity
The firm's own liquidity for forex, metals, energies and stock indices. Orders are sized in lots and fill at the real bid or ask with no markup, with up to 50× leverage on forex and no swaps or rollover fees.
- Forex majors7
- AUD/USD · EUR/USD · GBP/USD · NZD/USD · USD/CAD · USD/CHF · USD/JPY
- Forex minors21
- AUD/CAD · AUD/CHF · AUD/JPY · AUD/NZD · CAD/CHF · CAD/JPY · CHF/JPY · EUR/AUD · EUR/CAD · EUR/CHF · EUR/GBP · EUR/JPY · EUR/NZD · GBP/AUD · GBP/CAD · GBP/CHF · GBP/JPY · GBP/NZD · NZD/CAD · NZD/CHF · NZD/JPY
- Forex exotics40
- EUR/CZK · EUR/DKK · EUR/HKD · EUR/HUF · EUR/MXN · EUR/NOK · EUR/PLN · EUR/RON · EUR/RUB · EUR/SEK · EUR/SGD · EUR/TRY · EUR/ZAR · GBP/CZK · GBP/DKK · GBP/HKD · GBP/HUF · GBP/MXN · GBP/NOK · GBP/PLN · GBP/SEK · GBP/SGD · GBP/TRY · GBP/ZAR · NOK/SEK · NZD/SGD · USD/CNH · USD/CZK · USD/DKK · USD/HKD · USD/HUF · USD/MXN · USD/NOK · USD/PLN · USD/RON · USD/RUB · USD/SEK · USD/SGD · USD/TRY · USD/ZAR
- Metals12
- XAG/AUD · XAG/USD · XAL/USD · XAU/AUD · XAU/EUR · XAU/USD · XCU/USD · XNI/USD · XPB/USD · XPD/USD · XPT/USD · XZN/USD
- Energies3
- XBR/USD · XNG/USD · XTI/USD
- Indices12
- AUS200 · CHA50 · EUR50 · FR40 · GER30 · HK50 · J225 · SPN35 · SPX500 · UK100 · US100 · WS30
Forex trades Sunday 17:00 to Friday 17:00, New York time
Where each market trades
The same app, three places to trade. The challenge uses a simulated account. Perps and Exchange use your own money.
| Market | Where you can trade it | Open | Leverage |
|---|---|---|---|
| Crypto perpsBTC, ETH, SOL, MON, HYPE, ZEC, LIT, and PUMP | The challenge, and the Perps page with your own AUSD on Perpl. | Around the clock, every day. | Up to 15×. Perpl sets the limit for each market, from 3× up. |
| ForexMajors, minors and exotics, such as EUR/USD. | The challenge only. | Sunday 17:00 to Friday 17:00, New York time. | Up to 50×. |
| MetalsGold, silver, platinum and palladium. | The challenge only. | Their own sessions, and only while live prices arrive. | Up to 30×. |
| Energies and base metalsOil and natural gas; copper, aluminium, nickel, lead and zinc. | The challenge only. | Their own sessions, and only while live prices arrive. | Up to 10× on energies and 10× on base metals. |
| Stock indicesBaskets of shares, such as US100, SPX500, GER30 and UK100. | The challenge only. | Their own sessions, and only while live prices arrive. | Up to 30×. |
| Spot coinsMON, ETH, BTC and gold, against USDC. | The Exchange page: real coins on Kuru's onchain order book. Not in the challenge. | Not set by MonFunded. | None. You buy the coin itself. |
A market that is closed takes no orders, and the app says when it reopens. Nothing is filled while a price feed is paused.
Words you'll see
Markets come with their own words. Here are the ones you will meet first.
- Pair
- Two currencies traded against each other, such as EUR/USD. The price says how much of the second one buys one unit of the first.
- Pip
- The smallest usual step in a forex price, usually the fourth decimal. The order ticket shows what one pip is worth for the size you pick.
- Lot
- The unit forex and CFD orders are sized in. Each instrument has its own smallest lot and step, and the order ticket shows them before you confirm.
- Bid and ask
- The bid is the price someone will pay now; the ask is the price someone will sell at now. You sell at the bid and buy at the ask.
- Spread
- The gap between the bid and the ask. It is a cost you pay each time you trade. MonFunded liquidity fills at the real bid or ask with no markup.
- CFD
- A contract for difference: a trade on a price, such as gold or an index, where you gain or lose the move without owning the thing itself.
- Index
- One number that follows a basket of shares, such as the US100, which follows 100 large US companies.
- Metal
- Gold, silver, platinum and palladium are precious metals; copper, aluminium, nickel, lead and zinc are base metals. They are priced in dollars, euros or Australian dollars.
- Perp
- A perpetual future: a trade on a coin's price with no expiry date, so you can go long (up) or short (down).
- Mark price
- The price Perpl values a perp position at, so one odd trade cannot close you out.
Questions
Can I trade at the weekend?
Crypto perps run around the clock. Forex runs from Sunday 17:00 to Friday 17:00, New York time, so it closes for the weekend. You can keep a forex position open over the weekend, and there are no swaps or rollover fees.
Why does a market say it is closed?
Forex, metals, energies and indices trade in their own sessions and only while live prices arrive, so they close at weekends and on market holidays. The app says when the market reopens. If a price feed stops, trading in it pauses until prices are live again.
Where do the prices come from?
Crypto perps are priced from Perpl's order book on Monad. Forex, metals, energies and indices come from MonFunded liquidity, the firm's own liquidity. The app never mixes the two.
Can I trade gold?
Yes, two ways. In the challenge you trade XAU/USD on a simulated account. On the Exchange page you can buy a gold token, where one token is one ounce, with your own USDC.
Do forex trades cost extra?
Orders fill at the real bid or ask with no markup, and there are no swaps or rollover fees. The spread, the gap between bid and ask, is the cost of each trade.
One wallet. Everything in one app.
Open the app in your browser, make a wallet with your face or fingerprint, and try the free demo before you pay anything.