The trading hours for Perpetual-Style futures can vary depending on the exchange.
Coinbase Derivatives Exchange:
Contracts trade 24/7
- Each trading session ends at 5:00 PM ET on a clearing business day
- A new session immediately opens at 5:00 PM ET for the next clearing business day
- Weekend/holiday trades are cleared on the next clearing business day
Scheduled Exchange Maintenance Windows
- Weekly Maintenance: Every Friday, 5:00 PM - 6:00 PM ET
- 50 minutes of maintenance (5:00-5:50 PM ET)
- 10-minute pre-open (5:50-6:00 PM ET)
- Market reopens at 6:00 PM ET
- Quarterly Maintenance: 3-4 hours per quarter for system upgrades (scheduled in advance)
- Ad-hoc Maintenance: May occur with advance notice from CDE