How to trade stock perpetual contracts (perps) on Bybit

Traditional stock markets close at 4 PM. Stock perpetual contracts (perps) on Bybit never do. Bybit now offers perpetual contracts on popular Korean stocks and global indices, giving crypto traders direct exposure to real-world assets using USDT. You can go long or short, apply leverage, and manage your position entirely within the same Derivatives interface you use for crypto futures. This guide covers everything you need to get started: account setup, finding the right contract, placing a trade, and managing your position.

Key takeaways

• Stock perps on Bybit let you trade real-world equity and index assets 24/7 using USDT collateral — no brokerage account required.

• Contracts are fully integrated into Bybit's Derivatives interface and follow the same mechanics as standard crypto perpetuals.

• Leverage of up to 20x is available, with funding rates replacing dividends as the cost of holding a position.

• Risk management tools — including take profit, stop loss, and adjustable leverage — are available directly in the order panel.

What are stock perpetual contracts?

A perpetual contract is a derivative instrument that tracks the price of an underlying asset — in this case, a stock or index — with no expiry date. Unlike a standard futures contract, it does not settle on a fixed date. You can hold it for as long as your margin supports the position.

Stock perps differ from buying shares in several important ways. You do not own the underlying stock. There are no dividends. Instead, a funding rate mechanism periodically charges or credits your account to keep the contract price aligned with the real-world asset price. Trading is margin-based and leveraged.

On Bybit, stock perps are available with USDT collateral, up to 20x leverage, and 24/7 trading. They are integrated directly into the main Derivatives interface alongside standard crypto pairs. Examples of available contracts include SAMSUNGUSDT, SKHYNIXUSDT, and HYUNDAIUSDT.

Before you start: account requirements

Before placing a trade, confirm the following three things are in place.

• Bybit account: Create an account at bybit.com if you do not have one.

• KYC verification: Complete identity verification at Level 1 or Level 2 to unlock derivatives trading.

• USDT balance: Deposit USDT into your Unified Trading Account (UTA) or Derivatives account.



How to find stock perpetual contracts on Bybit

Stock perps are located inside the Futures section. Here is how to navigate to them.

1. Go to the top navigation bar and select Trade > Futures.

2. In the Futures panel, select the USDT tab, then use the search bar to find a contract by ticker — for example, SAMSUNGUSDT, SKHYNIXUSDT, or HYUNDAIUSDT.

3. Click on the contract to open its trading page.

4. On the contract page, review the current price, funding rate, leverage range, 24-hour volume, and open interest before entering a trade.

Note: The TradFi section under Trade is a separate product area for CFDs — forex, commodities, and stock CFDs. Stock perpetual contracts are found under Futures, not TradFi.

How to place your first stock perp trade on Bybit

The order panel on any stock perp contract page follows the same layout as crypto perpetuals. Work through the following six steps.

Step 1: Choose your direction

Select whether you want to go long or short on the asset.

• Long (buy): You expect the stock price to rise.

• Short (sell): You expect the stock price to fall.

Step 2: Set your leverage

Click the leverage indicator above the order panel and use the slider to choose a multiplier between 1x and 20x.

Higher leverage amplifies both potential gains and losses. For traders new to stock perps, starting at 2x to 5x is advisable until you are comfortable with the product's price behavior.



Step 3: Select your order type

Three order types are available.

• Market order: Executes immediately at the best available price.

• Limit order: Sets a specific entry price. The order fills only when the market reaches that level.

• Conditional order: Triggers only when a defined price condition is met. Useful for breakout entries or pre-planned risk events.

Step 4: Enter your order size

Input your trade size in USDT or as a number of contracts. The order panel displays the required margin and your estimated liquidation price in real time. Review both figures before proceeding.

Step 5: Set take profit and stop loss

Setting a take profit (TP) and stop loss (SL) before you submit is strongly recommended for any leveraged trade.

• Take profit: Automatically closes your position at a target gain level.

• Stop loss: Caps your downside if the trade moves against you.



Always set a stop loss when trading leveraged products. You can also modify both levels after the position is open.

Step 6: Confirm and submit

Review all order details in the summary panel. When you are satisfied, click 

Buy/Long or Sell/Short to submit the order. Your open position appears in the Positions tab below the chart.

How to manage and close your position

Once your position is open, monitor it from the Positions tab at the bottom of the trading screen. Four key actions are available.

• Monitor PnL and margin: Track unrealized PnL, margin ratio, and funding fee accrual in real time.

• Check the funding rate: Positions held past a funding interval receive or pay a fee. Review the current rate before holding a position overnight or over a weekend.

• Close your position: You can reduce your position size or close it entirely at any time using a market or limit close order.

• Adjust TP/SL: Take profit and stop loss levels can be modified after the position is open by clicking the edit icon in the Positions tab.

Key things to know about stock perps on Bybit

The bottom line

Stock perps on Bybit give you flexible, 24/7 access to real-world equity markets using crypto-native infrastructure. No brokerage account is required, there are no market-hours restrictions, and leverage of up to 20x is available within the same platform you already use for crypto derivatives.

Ready to start? Head to Bybit Derivatives and search for your preferred stock perpetual contract.

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