<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from Everest
Futures Fund, L.P. for the third quarter of 1998 and is qualified in its
entirety by reference to such 10-Q.
</LEGEND>
<CIK> 0000837919
<NAME> EVEREST FUTURES FUND L P
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               SEP-30-1998
<CASH>                                      59,128,414
<SECURITIES>                                         0
<RECEIVABLES>                                  175,932
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                            59,304,346
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                              59,304,346
<CURRENT-LIABILITIES>                        2,022,834
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                  57,281,512
<TOTAL-LIABILITY-AND-EQUITY>                59,304,346
<SALES>                                              0
<TOTAL-REVENUES>                            15,277,306
<CGS>                                                0
<TOTAL-COSTS>                                1,109,230
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                             14,024,089
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                         14,024,089
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                14,024,089
<EPS-PRIMARY>                                   557.71
<EPS-DILUTED>                                   557.71