Trading Hours and Market Sessions
Crypto markets trade 24/7. Real-world asset markets do not. A TradFi asset on Carbon follows the trading hours of its underlying market, because the position is hedged in that real market. When the underlying is open, you trade against the real price. When it closes, your position is held safely until it reopens.
Session hours by asset class
Stocks
Monday to Friday, during the listing exchange's session
Forex
Sunday 5:00 PM ET to Friday 5:00 PM ET (nearly 24 hours on weekdays)
Indices
Varies by index, up to ~22 hours per day on weekdays
Commodities
Varies by market, mostly 22/5
Each market follows the trading hours of the exchange it lists on. Exact open and close times for every market are shown in the app. Markets also observe their underlying exchange's holidays: no new positions open on a market holiday.
What happens when a market is closed
When the underlying market closes (overnight, weekend, or holiday), your TradFi position behaves predictably:
The position is frozen. No trading, no mark-price drift, and no liquidations while the market is shut. A synthetic equity perp can liquidate you on weekend noise that has nothing to do with the real asset. Carbon TradFi cannot.
Holding cost keeps accruing. The overnight financing rate continues 24/7, including weekends, because the cost of financing a leveraged position does not pause when the exchange closes.
At the next open, the position reprices to the real market. If the underlying gapped over the close, your TradFi gaps with it, anchored to reality rather than to on-chain noise. A gap can move a position for or against you at the open.
This is the structural advantage of TradFi over a synthetic perp for TradFi markets: the position is never exposed to off-hours drift, only to the real market's actual opening price.
Carbon's TradFi markets are not available to US persons. Please review the Terms & Conditions before trading.
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