Saraf Research ·
Opening a US brokerage account is out of reach for many people. There is another way to trade the price of Tesla, Apple or Nvidia: perpetual contracts on stocks, traded and settled in USDT. Saraf's futures market lists more than 200 contracts on US stocks and index funds, alongside its crypto markets.
This guide explains what these contracts are, how they differ from owning the share, and what to know before your first trade.
A perpetual contract is a derivative that tracks the price of an underlying asset and never expires. Go long on the Tesla contract and you profit if Tesla's share price rises and lose if it falls; a short is the reverse. Profit and loss are settled in USDT to your futures balance.
The key point: you do not own the share. The contract is on the price only, so there are no dividends, no voting rights and nothing to transfer to a broker. It is a tool for trading price direction, not a replacement for long-term share ownership.
Search the futures market by name or ticker for the full list. Some of the best-known:
Listings come from partner venues and can change over time; what you see on the futures page when you trade is the list that counts.
Crypto trades around the clock. The US stock market has fixed hours and is closed overnight and at weekends. A stock contract follows the share price, so when news breaks while the market is closed, the price can gap to a new level at the open without trading at the prices in between.
That means a stop loss can fill at a worse price than the level you set, and a highly leveraged position can be liquidated in a single gap. This is why maximum leverage on stock contracts is lower than on crypto at Saraf. Each market's limit is shown on the order ticket before you place the order.
New to futures? Read What is Saraf? for an overview of the platform first.
You post 100 USDT of margin and go long on Nvidia at 2x leverage, so the position is worth 200 USDT. If Nvidia rises 5%, the position gains about 10 USDT (5% of 200), which is 10% on your margin. If it falls 5%, you lose the same. Trading costs come off these figures. The higher the leverage, the larger both gains and losses become relative to your margin, and the closer the liquidation price moves to your entry.
No. You trade a contract on the share price, not the share itself, so there are no dividends or voting rights.
All of Saraf's futures contracts settle in USDT.
The underlying price barely moves until the market reopens, and it may gap at the open. A stop can fill at a worse price in a gap, so low leverage is your main protection.
The minimum order for each market is shown on the ticket; for most stock contracts a position of a few USDT is enough. Start small while you learn how these markets behave.
Trading perpetual contracts with leverage is high risk and can lose your entire margin. This article is educational and is not investment advice. Market listings were checked at the time of writing (September 2026).