What Are US Equity Perpetuals on LMEX?

LMEX lists perpetual futures contracts on major US equities — including Apple (AAPL-PERP), Tesla (TSLA-PERP) and NVIDIA (NVDA-PERP). Unlike buying shares on a traditional broker, equity perps on LMEX let you trade these assets 24 hours a day, 7 days a week, with leverage, and without needing a US brokerage account.

The contract mechanics are identical to crypto perpetuals — they track the underlying equity price via an index, settle in USDT, and include a funding rate mechanism to keep the perp price anchored to the spot price.

Why Algo Trade Equity Perps?

24/7 access: US stock markets close at 4pm EST. LMEX equity perps trade around the clock, capturing overnight moves driven by earnings, macro data and after-hours news.

USDT settlement: No currency conversion required. All P&L settles in USDT — clean accounting for algo traders.

Leverage: Access up to 20x leverage on equity perps — allowing larger positions from a smaller capital base.

Algorithmic edge: Retail equity perp markets on crypto exchanges are less efficient than Nasdaq — meaning well-designed algos can find more edge here than in mature markets.

Key Characteristics of Each Asset

AAPL-PERP (Apple)

Apple is the most liquid equity perp on LMEX. It trends consistently, responds predictably to earnings and macro data, and has relatively low intraday volatility compared to TSLA. Ideal for trend-following strategies.

TSLA-PERP (Tesla)

Tesla is the most volatile of the three — daily moves of 3-8% are common. It reacts strongly to Elon Musk social media activity, EV delivery data and energy policy. Excellent for volatility-based and momentum strategies, but requires tighter stop losses.

NVDA-PERP (Nvidia)

NVDA has become the bellwether for AI sentiment. It moves aggressively on AI news, chip export restrictions and earnings. Strong trending behaviour — ideal for momentum and EMA crossover strategies.

Python Strategy: EMA Crossover on AAPL-PERP

import requests, time, hmac, hashlib, os, pandas as pd
API_KEY    = os.getenv("LMEX_API_KEY", "")

API_SECRET = os.getenv("LMEX_API_SECRET", "")

SYMBOL     = "AAPL-PERP"

BASE_URL   = "https://api.lmex.io/futures/api/v2.3"

PAPER_TRADE = True  # ⚠️ Set to False only when ready for live trading
def get_ohlcv(limit=100):

    nonce = str(int(time.time() * 1000))

    path  = "/ohlcv"

    sig   = hmac.new(API_SECRET.encode(),

                     (path + nonce).encode(), hashlib.sha384).hexdigest()

    r = requests.get(BASE_URL + path,

        params={"symbol": SYMBOL, "resolution": "60", "limit": limit},

        headers={"request-api": API_KEY, "request-nonce": nonce, "request-sign": sig})

    df = pd.DataFrame(r.json(), columns=["time","open","high","low","close","volume"])

    df["close"] = df["close"].astype(float)

    return df
def signal(df, fast=9, slow=21):

    ema_fast = df["close"].ewm(span=fast).mean()

    ema_slow = df["close"].ewm(span=slow).mean()

    if ema_fast.iloc[-1] > ema_slow.iloc[-1] and ema_fast.iloc[-2] <= ema_slow.iloc[-2]:

        return "BUY"

    if ema_fast.iloc[-1] < ema_slow.iloc[-1] and ema_fast.iloc[-2] >= ema_slow.iloc[-2]:

        return "SELL"

    return "HOLD"
while True:

    df  = get_ohlcv()

    sig = signal(df)

    px  = df["close"].iloc[-1]

    print(f"AAPL-PERP: ${px:.2f} | Signal: {sig}")

    if sig != "HOLD" and not PAPER_TRADE:

        # Place order via LMEX REST API

        pass

    time.sleep(3600)  # check every hour

Risk Management for Equity Perps

Equity perps carry unique risks that crypto-native traders may underestimate:

Earnings volatility: AAPL, TSLA and NVDA report quarterly earnings — these events cause 5-15% moves that will blow through any normal stop loss. Check the earnings calendar and reduce position size or close before reports.

After-hours gaps: A tweet from Elon Musk at 2am can gap TSLA-PERP 10% instantly. Always use a stop-loss order, not just programmatic stop logic.

Funding costs: On heavily shorted or longed equity perps, funding can reach 0.1% per 8 hours. For longer-term positions, calculate funding costs into your expected return.

Correlation risk: AAPL, TSLA and NVDA are all correlated with the NASDAQ. Running all three simultaneously is not three independent trades — treat them as one tech-sector position for sizing purposes.

Recommended Position Sizing

For equity perps, use a conservative 1% risk per trade given the higher volatility:

| Asset | Daily Vol | Max Leverage | Risk per Trade |

|---|---|---|---|

| AAPL-PERP | 1.5-3% | 10x | 1% of account |

| TSLA-PERP | 3-8% | 5x | 1% of account |

| NVDA-PERP | 2-6% | 5x | 1% of account |

When NOT to Trade Equity Perps

  • Within 48 hours of scheduled earnings announcements
  • During US Federal Reserve press conferences
  • When VIX (volatility index) is above 30 — broad market fear makes individual equity signals unreliable
  • During low-liquidity weekend hours — spreads widen significantly

Key Takeaways

  • LMEX equity perps let you trade AAPL, TSLA and NVDA 24/7 with leverage in USDT
  • AAPL-PERP suits trend-following strategies; TSLA-PERP suits momentum and volatility strategies; NVDA-PERP suits AI-theme momentum plays
  • Always check the earnings calendar — earnings events override all technical signals
  • Use 1% risk per trade and consider correlation when running multiple equity perps simultaneously
  • The LMEX.AI EMA Crossover and Supertrend bots work well on equity perps with the same Python code — just change the symbol