PerpEquities

Equity

Astera Labs, Inc. (ALAB) perpetual futures

ALAB perpetual futures on 17 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade ALABUSDT.

Astera Labs, Inc. designs and sells semiconductor-based connectivity solutions for cloud computing and AI infrastructure, centered on its Intelligent Connectivity Platform.

$286.55-6.9%NASDAQ closed
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Collecting venue price data...
venue perp mark · Binance (ALAB/USDT)
Auto: highest-volume live perp venueOpen in TradingView

Trading data

Perpetual market activity

17/17 live markets
Venues
17
Live markets
17/17
24h volume
$8.5MCoverage: 15/17 marketsExchange-reported volume: $9.7M
Open interest
$19MCoverage: 13/17 markets
Best liquidity
$258K
Bitget
Tightest spread
+0.3 bps
Bitunix
Highest volume
$3.3M
Binance
Settlement mix
USDT · 14/17
Perp/spot vol.
0.01x
Spot volume $1.6B
OI / float
+0.05%
Float $40.2B
Spot performance
1D-6.94%
5D+1.00%
1M-13.56%
6M+136.16%
YTD+73.63%
1Y+34.67%

Venue matrix

17 markets

Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.

Trade
BinanceTradeALAB/USDTTrading$286.75+6.5% APR
+0.00590% every 8h
+7.7 bps-$3.3M$1.1MUSDT-
LBankTradeALAB/USDTTrading$286.75+6.5% APR
+0.00590% every 8h
+7.7 bps$11.4K$1.5M-USDT50x
BingXTradeALAB-USDTTrading$286.73+14.6% APR
+0.013% every 8h
+19.2 bps$144.3K$1.2M$2.7KUSDT-
DeepcoinTradeALAB/USDTTrading$286.70-3.5% APR
-0.00320% every 8h
+7.7 bps$13.4K$861.5K-USDT25x
OKXTradeALAB/USDTTrading$286.530.0% APR
0.000% every 8h
+11.9 bps$11.2K$807.3K$690KUSDT20x
Gate.ioTradeALAB/USDTTrading$286.400.0% APR
0.000% every 8h
+24.4 bps$7.8K$511.3K$404.1KUSDT20x
HTXTradeALAB/USDTTrading$286.73+11.0% APR
+0.010% every 8h
+94.8 bps$16.8K$373K$1.7KUSDT-
BitgetTradeALAB/USDTTrading$286.550.0% APR
0.000% every 8h
+11.5 bps$258K$271.5K$254.7KUSDT20x
BybitTradeALAB/USDTTrading$286.800.0% APR
0.000% every 8h
+24.1 bps$29.9K$256.4K$446.7KUSDT25x
PhemexTradeALAB / USDTTrading$286.620.0% APR
0.000% every 8h
+14.3 bps$61.1K$210.4K$1.3MUSDT10x
XT.comTradeALAB/USDTTrading$286.64+19.8% APR
+0.018% every 8h
+4.9 bps$123.6K$158.6K$14.3MUSDT20x
BitunixTradeALAB/USDTTrading$286.74+17.1% APR
+0.016% every 8h
+0.3 bps$191.4K$129.6K-USDT50x
KuCoinTradeALAB/USDTTrading$286.73+11.0% APR
+0.010% every 8h
+27.6 bps$5.1K$120.3K$316.6KUSDT20x
BloFinTradeALAB/USDTTrading$286.72+4.2% APR
+0.00386% every 8h
+9.4 bps$106.1K$44.6K$91.5KUSDT20x
ExtendedTradeALAB/USDTrading$287.76+4.4% APR
+0.00050% every 1h
+59.8 bps$200K$1.2K$2.5KUSD10x
Crypto.com ExchangeTradeALAB/USDTrading$293.52+243.7% APR
+0.028% every 1h
+23.4 bps$4K$200.3$2KUSD50x
VestTradeALAB/USDCTrading$285.70+5.0% APR
+0.00057% every 1h
+57.1 bps$28.7K--USDC5x

Tradability

Execution quality

Broad liquidity · 11 of 17 venues absorb $10k · Typical cost: +17.5 bps – +51.7 bps

Cheapest execution: Bitunix · +9.6 bps

Too thin: HTX, Deepcoin, OKX, Gate.io, KuCoin, Crypto.com Exchange

Taker execution estimate incl. approx. fees - maker fills are not guaranteed.

Best venues for this underlying

Best liquidity

ALAB

Tightest spread

ALAB

Highest volume

ALAB

Funding history

Stored venue snapshots by market

Company data

Company fundamentals

Updated 1h ago
Market cap
$49.5B
Updated 1h ago
Revenue
$1.2B
Trailing 12 months
Revenue growth
+124%
Next fiscal year
Profit margin
+30.7%
P/E
133.1
Peer P/E 29.6
Free cash flow
$276.7M
Trailing 12 months
More metrics
Net income
$369.5M
Trailing 12 months
P/S
41.2
Peer P/E
29.6
Similar listed perps
Revenue estimate
$1.9B
Next fiscal year
Earnings
2026-11-03
Revenue est. $550.6M · Updated 1h ago
Dividend
-

Fundamental detail

Annual + quarterly
Latest revenue$852.5M
Net margin+25.7%
Free cash flow$281.8M
Net debt-$132.5M
2022$79.9M
2023$115.8M
2024$396.3M
2025$852.5M
PeriodRevenueGrowthNet incomeFCF
2022$79.9M--$58.3M-$39.8M
2023$115.8M+45%-$26.3M-$15.5M
2024$396.3M+242%-$83.4M$102.4M
2025$852.5M+115%$219.1M$281.8M
PeriodGross marginOperating marginNet marginROEROA
2022+73.5%-75.4%-73.0%+68.4%-27.6%
2023+68.9%-25.5%-22.7%-16.7%-13.4%
2024+76.4%-29.3%-21.1%-8.6%-7.9%
2025+75.7%+20.3%+25.7%+16.1%+14.3%
PeriodCashDebtNet debtCurrent ratio
2022$76.1M$1.6M-$74.5M5.14
2023$45.1M$2.9M-$42.2M5.30
2024$79.6M$1.3M-$78.3M11.71
2025$167.6M$35.1M-$132.5M10.24
PeriodMarket capEnterprise valueP/SP/E
2022$8.1B$8B101.3-137.8
2023$9.5B$9.4B81.7-364.9
2024$17.4B$17.3B43.9-207.0
2025$27.7B$27.6B32.5126.0
Q3 2024$113.1M
Q4 2024$141.1M
Q1 2025$159.4M
Q2 2025$191.9M
Q3 2025$230.6M
Q4 2025$270.6M
Q1 2026$308.4M
Q2 2026$392.4M
PeriodRevenueGrowthNet incomeFCF
Q3 2024$113.1M+206%-$7.6M$46.8M
Q4 2024$141.1M+179%$24.7M$24.3M
Q1 2025$159.4M+144%$31.8M$6M
Q2 2025$191.9M+150%$51.2M$133.3M
Q3 2025$230.6M+104%$91.1M$65.9M
Q4 2025$270.6M+92%$45M$76.6M
Q1 2026$308.4M+93%$80.3M$67M
Q2 2026$392.4M+104%$153.1M$67.2M
PeriodGross marginOperating marginNet marginROEROA
Q3 2024+77.7%-7.9%-6.7%-0.9%-0.8%
Q4 2024+74.0%+0.1%+17.5%+2.6%+2.3%
Q1 2025+74.9%+7.1%+20.0%+3.1%+2.8%
Q2 2025+75.8%+20.7%+26.7%+4.5%+4.0%
Q3 2025+76.2%+24.0%+39.5%+7.2%+6.5%
Q4 2025+75.6%+24.7%+16.6%+3.3%+2.9%
Q1 2026+76.3%+20.1%+26.0%+5.4%+4.8%
Q2 2026+73.3%+22.7%+39.0%+8.9%+7.9%
PeriodCashDebtNet debtCurrent ratio
Q3 2024$126.1M$0-$126.1M10.74
Q4 2024$79.6M$1.3M-$78.3M11.71
Q1 2025$86.4M$0-$86.4M13.92
Q2 2025$162.3M$32.3M-$130M11.10
Q3 2025$140.4M$58.2M-$82.2M12.78
Q4 2025$167.6M$35.1M-$132.5M10.24
Q1 2026$148.3M$41.9M-$106.4M11.30
Q2 2026$111.5M$0-$111.5M10.05
PeriodMarket capEnterprise valueP/SP/E
Q3 2024$8.2B$8.1B72.7-270.6
Q4 2024$21.2B$21.1B150.1220.8
Q1 2025$9.7B$9.7B61.178.5
Q2 2025$15B$14.8B77.972.9
Q3 2025$32.8B$32.7B142.290.6
Q4 2025$28.2B$28.1B104.2154.0
Q1 2026$18.7B$18.6B60.758.3
Q2 2026$82.9B$82.8B211.2135.7
Historical value series
Revenue
Q3 2023: $36.9MQ4 2023: $50.5MQ1 2024: $65.3MQ2 2024: $76.9MQ3 2024: $113.1MQ4 2024: $141.1MQ1 2025: $159.4MQ2 2025: $191.9MQ3 2025: $230.6MQ4 2025: $270.6MQ1 2026: $308.4MQ2 2026: $392.4MQ3 2023Q2 2026
Net income
Q3 2023: -$3.1MQ4 2023: $14.3MQ1 2024: -$93MQ2 2024: -$7.5MQ3 2024: -$7.6MQ4 2024: $24.7MQ1 2025: $31.8MQ2 2025: $51.2MQ3 2025: $91.1MQ4 2025: $45MQ1 2026: $80.3MQ2 2026: $153.1MQ3 2023Q2 2026
EBITDA
Q3 2023: $225KQ4 2023: $11.2MQ1 2024: -$79.8MQ2 2024: -$13.4MQ3 2024: $2.9MQ4 2024: $11.7MQ1 2025: $22.8MQ2 2025: $52.1MQ3 2025: $68.4MQ4 2025: $81.8MQ1 2026: $77.1MQ2 2026: $106.8MQ3 2023Q2 2026
Free cash flow
Q3 2023: -$1.1MQ4 2023: $13.4MQ1 2024: $228KQ2 2024: $31.1MQ3 2024: $46.8MQ4 2024: $24.3MQ1 2025: $6MQ2 2025: $133.3MQ3 2025: $65.9MQ4 2025: $76.6MQ1 2026: $67MQ2 2026: $67.2MQ3 2023Q2 2026
EPS
Q3 2023: -$0.02Q4 2023: $0.09Q1 2024: -$0.6Q2 2024: -$0.05Q3 2024: -$0.05Q4 2024: $0.14Q1 2025: $0.18Q2 2025: $0.29Q3 2025: $0.5Q4 2025: $0.25Q1 2026: $0.44Q2 2026: $0.84Q3 2023Q2 2026
Cash / Debt
Q4 2023 · Cash: $45.1MQ4 2023 · Debt: $2.2MQ1 2024 · Cash: $696.1MQ1 2024 · Debt: $2.3MQ2 2024 · Cash: $421.1MQ2 2024 · Debt: $2.1MQ3 2024 · Cash: $126.1MQ3 2024 · Debt: $0Q4 2024 · Cash: $79.6MQ4 2024 · Debt: $1.3MQ1 2025 · Cash: $86.4MQ1 2025 · Debt: $0Q2 2025 · Cash: $162.3MQ2 2025 · Debt: $32.3MQ3 2025 · Cash: $140.4MQ3 2025 · Debt: $58.2MQ4 2025 · Cash: $167.6MQ4 2025 · Debt: $35.1MQ1 2026 · Cash: $148.3MQ1 2026 · Debt: $41.9MQ2 2026 · Cash: $111.5MQ2 2026 · Debt: $0Q3 2023Q2 2026
CashDebt
Profitability
Q3 2023 · Gross margin: +76.1%Q4 2023 · Gross margin: +77.3%Q1 2024 · Gross margin: +77.4%Q2 2024 · Gross margin: +77.9%Q3 2024 · Gross margin: +77.7%Q4 2024 · Gross margin: +74.0%Q1 2025 · Gross margin: +74.9%Q2 2025 · Gross margin: +75.8%Q3 2025 · Gross margin: +76.2%Q4 2025 · Gross margin: +75.6%Q1 2026 · Gross margin: +76.3%Q2 2026 · Gross margin: +73.3%Q3 2023 · Operating margin: -5.4%Q4 2023 · Operating margin: +17.9%Q1 2024 · Operating margin: -127.1%Q2 2024 · Operating margin: -31.7%Q3 2024 · Operating margin: -7.9%Q4 2024 · Operating margin: +0.1%Q1 2025 · Operating margin: +7.1%Q2 2025 · Operating margin: +20.7%Q3 2025 · Operating margin: +24.0%Q4 2025 · Operating margin: +24.7%Q1 2026 · Operating margin: +20.1%Q2 2026 · Operating margin: +22.7%Q3 2023 · Net margin: -8.5%Q4 2023 · Net margin: +28.4%Q1 2024 · Net margin: -142.5%Q2 2024 · Net margin: -9.8%Q3 2024 · Net margin: -6.7%Q4 2024 · Net margin: +17.5%Q1 2025 · Net margin: +20.0%Q2 2025 · Net margin: +26.7%Q3 2025 · Net margin: +39.5%Q4 2025 · Net margin: +16.6%Q1 2026 · Net margin: +26.0%Q2 2026 · Net margin: +39.0%Q3 2023Q2 2026
Gross marginOperating marginNet margin
Revenue growth
Q2 2024: +619.0%Q3 2024: +206.2%Q4 2024: +179.3%Q1 2025: +144.3%Q2 2025: +149.7%Q3 2025: +103.9%Q4 2025: +91.8%Q1 2026: +93.4%Q2 2026: +104.5%Q3 2023Q2 2026
Shares outstanding
Q3 2023: 152.5MQ4 2023: 152.5MQ1 2024: 153.9MQ2 2024: 155.2MQ3 2024: 156.8MQ4 2024: 177.6MQ1 2025: 178.1MQ2 2025: 178.1MQ3 2025: 180.6MQ4 2025: 181.2MQ1 2026: 181.2MQ2 2026: 182.3MQ3 2023Q2 2026
Valuation
Q3 2023 · P/E: -756.5Q4 2023 · P/E: 165.1Q1 2024 · P/E: -29.6Q2 2024 · P/E: -296.0Q3 2024 · P/E: -270.6Q4 2024 · P/E: 220.8Q1 2025 · P/E: 78.5Q2 2025 · P/E: 72.9Q3 2025 · P/E: 90.6Q4 2025 · P/E: 154.0Q1 2026 · P/E: 58.3Q2 2026 · P/E: 135.7Q3 2023 · P/S: 256.2Q4 2023 · P/S: 187.3Q1 2024 · P/S: 167.7Q2 2024 · P/S: 116.2Q3 2024 · P/S: 72.7Q4 2024 · P/S: 150.1Q1 2025 · P/S: 61.1Q2 2025 · P/S: 77.9Q3 2025 · P/S: 142.2Q4 2025 · P/S: 104.2Q1 2026 · P/S: 60.7Q2 2026 · P/S: 211.2Q3 2023Q2 2026
P/EP/S
Revenue
2022: $79.9M2023: $115.8M2024: $396.3M2025: $852.5M20222025
Net income
2022: -$58.3M2023: -$26.3M2024: -$83.4M2025: $219.1M20222025
EBITDA
2022: -$56.8M2023: -$21.2M2024: -$78.6M2025: $225M20222025
Free cash flow
2022: -$39.8M2023: -$15.5M2024: $102.4M2025: $281.8M20222025
EPS
2022: -$0.452023: -$0.172024: -$0.642025: $1.2220222025
Cash / Debt
2022 · Cash: $76.1M2022 · Debt: $1.6M2023 · Cash: $45.1M2023 · Debt: $2.9M2024 · Cash: $79.6M2024 · Debt: $1.3M2025 · Cash: $167.6M2025 · Debt: $35.1M20222025
CashDebt
Profitability
2022 · Gross margin: +73.5%2023 · Gross margin: +68.9%2024 · Gross margin: +76.4%2025 · Gross margin: +75.7%2022 · Operating margin: -75.4%2023 · Operating margin: -25.5%2024 · Operating margin: -29.3%2025 · Operating margin: +20.3%2022 · Net margin: -73.0%2023 · Net margin: -22.7%2024 · Net margin: -21.1%2025 · Net margin: +25.7%20222025
Gross marginOperating marginNet margin
Revenue growth
2023: +45.0%2024: +242.2%2025: +115.1%20222025
Shares outstanding
2022: 130.5M2023: 152.5M2024: 131.3M2025: 179.6M20222025
Valuation
2022 · P/E: -137.82023 · P/E: -364.92024 · P/E: -207.02025 · P/E: 126.02022 · P/S: 101.32023 · P/S: 81.72024 · P/S: 43.92025 · P/S: 32.520222025
P/EP/S

Refreshed 1h ago

Next catalyst

Catalysts

Earnings
2026-11-03
Revenue est. $550.6M · Updated 1h ago
  • 24h volume 4.2× its 7-day median across 17 venues

FMP reference data

Market context

Reference market

Closed
NASDAQ
Regular hours
09:30 AM04:00 PM
Next holiday
Nov 26, 2026 · Thanksgiving Day

After-hours reference

Bid286.26
Ask286.98
Volume19,648

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 20263.99$1.9B+124%14
FY 20276.49$3.1B+261%15
FY 20288.26$4B+368%12
FY 202914.19$6.2B+630%9
FY 20308.65$4.1B+376%5
Q1 20281.78$799.6M+159%6

Company events

6
2026-11-03EarningsActual - / Estimate 1.19-
2026-08-04EarningsActual 0.8 / Estimate 0.69Beat
2026-05-05EarningsActual 0.61 / Estimate 0.54Beat
2026-02-10EarningsActual 0.58 / Estimate 0.52Beat
2025-11-04EarningsActual 0.49 / Estimate 0.39Beat
2025-08-05EarningsActual 0.44 / Estimate 0.32Beat

Peer comparison

Similar listed perps

FMP company data

Company intelligence

Updated: Sep 9, 2026, 10:28 AM UTC

Company profile

Sector
Technology
Industry
Semiconductors
Chief executive
Jitendra Mohan
Employees
756
IPO date
Mar 20, 2024
Country
US
Exchange
NASDAQ Global Select
Website
Altman Z-scorei157.39
Piotroski scorei4/9
FMP ratingiB-
Owner earningsi$86.47M$0.47 per share
ESG risk ratingiB-Industry rank: 103 out of 115

Rating factors

Return on equityi
5
Return on assetsi
5
Debt to equityi
1
Price to earningsi
1
Price to booki
1
Market cap history
2026-06-092026-09-08Latest: $49.55BHigh: $73.56BLow: $48.02B
Largest fund holders
FundWeightShares held
FSELX5.51%8.2M
VTI0.07%4.9M
QQQ0.23%3.7M
SOXX2.25%3.3M
SMH0.89%2.1M
FBGKX0.59%2M
FSPTX1.63%1.9M
VB0.3%1.8M
VO0.23%1.7M
FDGRX0.53%1.7M
VXF0.5%1.5M
FELAX5.33%1.3M

Frequently asked questions

Where can I trade ALAB perpetual futures?

Astera Labs, Inc. (ALAB) perpetual futures trade on 17 crypto venues, including Binance, LBank, BingX. PerpEquities compares them by live price, funding rate, open interest and liquidity.

Can I trade ALAB around the clock?

Yes. Unlike the underlying stock, ALAB perpetuals trade 24/7 — including weekends and outside regular market hours.

What is the funding rate on ALAB perpetuals?

Right now the ALAB perp funding rate is +6.5% annualized (venue median), ranging from +6.5% to +6.5% across 17 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.

How does the ALAB perp price compare to the Astera Labs, Inc. stock?

The venue-median ALAB perp mark is $286.7 versus a reference stock price of $286.6, a basis of +0.1%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.

What is a ALAB perpetual future?

A ALAB perpetual is a derivative that tracks the price of Astera Labs, Inc. with no expiry date. It lets you take long or short exposure to Astera Labs, Inc. on crypto venues, around the clock.

What is ALABUSDT perpetual?

ALABUSDT is the symbol most crypto exchanges use for the Astera Labs, Inc. perpetual settled in USDT (Tether). It tracks the ALAB share price through an index, trades 24/7 with leverage and never expires.

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