<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from Everest
Futures Fund, L.P. for the fiscal year of 1998 and is qualified in its entirety
by reference to such 10-K.
</LEGEND>
<CIK> 0000837919
<NAME> EVEREST FUTURES FUND L P
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               DEC-31-1998
<CASH>                                      56,942,578
<SECURITIES>                                         0
<RECEIVABLES>                                  277,999
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                            57,220,577
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                              57,220,577
<CURRENT-LIABILITIES>                        2,022,820
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                  55,197,757
<TOTAL-LIABILITY-AND-EQUITY>                57,220,577
<SALES>                                              0
<TOTAL-REVENUES>                             6,443,451
<CGS>                                                0
<TOTAL-COSTS>                                2,650,484
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                              3,755,667
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                          3,755,667
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 3,755,667
<EPS-PRIMARY>                                    94.80
<EPS-DILUTED>                                    94.80