Both legs are index perpetuals on Canborsa, settled in USDC.
Canborsa lists SP500 at up to 30x and XYZ100 at up to 20x ; trading fees are 0.07% per side ( 0.14% round-trip) on both legs.
Both legs have their own market pages: S&P 500 (SP500) market hub ›Nasdaq 100 (XYZ100) market hub ›
Canborsa charges 0.07% per side (0.14% round trip) on every perpetual market, including S&P 500 and Nasdaq 100 (XYZ100).
S&P 500 and Nasdaq 100 (XYZ100) are both indices on Canborsa.
S&P 500 supports up to 30x leverage and Nasdaq 100 (XYZ100) up to 20x on Canborsa.
Yes, both S&P 500 (SP500) and Nasdaq 100 (XYZ100) (XYZ100) are listed as perpetual markets on Canborsa.