If you forecast
the earnings,
trade them directly.

The first place to buy and sell revenues, cash flows, and EPS surprises. Take a view on the number — not the price reaction around it.

USDC-margined Leverage available 8h funding
Markets Live
Earnings Surprise Perps
NVDA-EPS · Q3
NVIDIA Corp · Settles May 28 · BMO
● Now Trading
Mark · 8h funding
$0.94
+5.6% vs consensus
Mark · Street consensus $0.89
Open Interest
$8.4M
24h Volume
$2.1M
Funding (8h)
+0.03%
TSLA-REV · Rolling
Tesla Inc · Forward 4Q revenue · Perpetual
● Now Trading
Mark · 8h funding
$108.2B
−1.4% vs street
Mark · Forward-4Q consensus $109.7B
Open Interest
$12.1M
24h Volume
$3.4M
Funding (8h)
−0.04%
AI-CAPEX · Basket
Hyperscaler capex run-rate
● Now Trading
$248.5B
+8.1%
Mark · Base index $230.0B · 4 constituents
MSFT
32.0%
GOOGL
26.0%
META
22.0%
AMZN
20.0%
Open Interest
$6.7M
24h Volume
$1.8M
Markets

Pick your exposure.

Three ways to trade a company's fundamentals — from a single-quarter EPS print, to the forward revenue line, to a full sector's growth engine.

01 / Single Stock

Single-stock
EPS surprise.

One market per company per quarter. Settles to the headline EPS print. Long it if you think the beat is bigger than the street — short it if guidance has been sandbagged.

Examples
NVDA
Q3 FY26 EPS
May 28 · BMO
$0.89
consensus
MSFT
Q3 FY25 EPS
Apr 30 · AMC
$3.22
consensus
META
Q1 FY25 EPS
Apr 30 · AMC
$5.28
consensus
AAPL
Q2 FY25 EPS
May 1 · AMC
$1.61
consensus
Trade EPS Quarterly settle
02 / Rolling Perpetual

Rolling forward
revenue.

Perpetual contract tracking the next 4 quarters of consensus revenue. No expiry — funding rebalances every 8 hours. Express a multi-year thesis without stitching together quarterly futures.

Examples
NVDA
Forward-4Q Revenue
Perpetual
$184.6B
street
TSLA
Forward-4Q Revenue
Perpetual
$109.7B
street
AMZN
Forward-4Q Revenue
Perpetual
$712.3B
street
PLTR
Forward-4Q Revenue
Perpetual
$3.91B
street
Trade revenue 8h funding
03 / Basket Index

Basket indices for
revenue drivers.

Composite contracts on themes — AI capex, ad-tech revenue, GLP-1 scripts, hyperscaler cloud. Trade the driver, not the ticker, when you have a view on the underlying flow.

Examples
AI Capex Index
MSFT · GOOGL · META · AMZN
$248.5B
run-rate
Ad-Tech Revenue Index
GOOGL · META · PINS · TTD
$386.1B
fwd-4Q
GLP-1 Script Index
LLY · NVO · VKTX
142.4M
scripts
Hyperscaler Cloud Index
AWS · Azure · GCP · OCI
$294.0B
fwd-4Q
Trade baskets Quarterly rebalance
Closed beta · Q3 2026

Forecast better than the street? Get paid for it.

Magnitude is launching the first perpetual venue for earnings, revenue, and sector-driver markets. Join the waitlist for early access, fee credits, and the first call when we open.

Q3 2026 launch USDC margined Early-access fee credits