Trade indices with crypto
On BRVX, one XYZ100 position covers a whole basket of stocks instead of a single company. Go long or short with up to 70x leverage and USDC, BTC, ETH, USDT, SOL or BNB as margin.
Index moves are smoother than single stocks, but leverage still multiplies them.
What is index trading on BRVX?
An index follows a basket of stocks as one number. On BRVX you trade XYZ100, a perpetual that tracks the Nasdaq-100 index: it follows the index level in USDT, never expires, and can be traded long or short with up to 70x leverage. You post crypto as margin, pay 0.05% to open and 0.05% to close, and funding is settled every 3h. You own none of the stocks in the index.
Leverage works both ways: a small move against you can lose you the whole margin.
- Index
- XYZ100
- Max leverage
- 70x
- Trading fee
- 0.05%
- Funding
- every 3h
- Margin tokens
- 6
Updated
The index on BRVX
Price, daily change and conditions for XYZ100, updated from the BRVX price feed.
| Index | 24h | ||||
|---|---|---|---|---|---|
| XYZ100 | 29,744.31 | −2.66% | 70x | 0.0023% |
Leverage works both ways: a small move against you can lose you the whole margin.
One trade, a whole basket
Why traders use an index instead of, or next to, single stocks.
- Diversified
Less single-company risk One weak earnings report moves a stock a lot and an index a little. The basket smooths out surprises from any one name.
- Market view
Trade the big picture Rate decisions, inflation data and earnings seasons move the market as a whole. An index lets you trade that view directly.
XYZ100 29,744.31 −2.66% - Hedge
Protect stock positions Holding long stock positions? A short on the index can soften a broad drop without closing them.
Long Your stocks Short Index short Combined - 3h
Slower funding cycle Funding on XYZ100 is settled every 3h rather than every hour, so there are fewer settlements while you hold.
XYZ100per 3h Long 0.0068% Short 0.0068%
The index level on BRVX comes from the BRVX price feed, not from an exchange order book.
A market view in three moves
Sign in
With a wallet or an email address.
Post margin
Any of USDC, BTC, ETH, USDT, SOL or BNB.
Long or short the index
Long if you expect the market to rise, short to hedge or to bet on a fall.
Leverage works both ways: a small move against you can lose you the whole margin.
Market up or market down
Illustrative example on XYZ100, before fees and funding.
A short on the index can offset losses on stock positions during a broad sell-off. At 10x, a move of about 8% against you closes the position, with 80% of the margin lost.
XYZ100 XYZ100 - Price move
- +3% $30,636.64
- Position P&L
- +$30.00
- On margin
- +30%
Trading with leverage can lose you more than you expect.
Calculate your liquidation priceIndex trading conditions
Full fee schedule| Opening / closing fee | 0.05% / 0.05% |
|---|---|
| Funding | every 3h, rate per side |
| Max leverage | 70x |
| Margin | USDC, BTC, ETH, USDT, SOL or BNB |
| Expiry | none, perpetual |
| Trading hours | shown in the app |
Leverage works both ways: a small move against you can lose you the whole margin.
Index perp, index fund or single stocks
Three ways to trade a market, and what each gives you.
| BRVX index perp | Index fund (ETF) | Picking single stocks | |
|---|---|---|---|
| Exposure | Whole index, one position | Whole index | One company per trade |
| Short selling | One click | Needs a margin account | Needs a margin account |
| Leverage | Up to 70x | None | None |
| Holding cost | Funding every 3h | Yearly fund fee | None |
| Dividends | No | Yes, paid or reinvested | Yes |
| Margin currency | Crypto | Fiat | Fiat |
Leverage works both ways: a small move against you can lose you the whole margin.
Index trading, answered
What is index trading?
Trading the price of a stock index, a single number that follows a basket of companies. One position gives you exposure to the whole basket.
Which index can I trade on BRVX?
XYZ100. The table on this page always shows the current list of indices.
Can I short an index?
Yes. Choose Short when you open the position. Traders often short an index to hedge a portfolio of single stocks.
What leverage can I use on indices?
Up to 70x on XYZ100.
How often is funding charged on the index?
Every 3h while the position is open. The current rate is in the table on this page.
Do I get dividends from the index?
No. You trade the index level only and do not own the underlying stocks.
Is BRVX available in my country?
BRVX is not available in the US. The full list of restricted countries is in the Legal Center.
Leverage works both ways: a small move against you can lose you the whole margin.
The whole market, one position
Open appIndex moves are smoother than single stocks, but leverage still multiplies them. Not available to US persons.