PerpEquitiesEquity · Technology
Applied Digital Corporation (APLD) perpetual futures
APLD perpetual futures on 8 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade APLDUSDT.
Applied Digital Corporation designs, develops, and operates digital infrastructure solutions for high-performance computing and AI industries in North America.
Price chart
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Trading data
Perpetual market activity
8/8 live markets
Trading data
Perpetual market activity
Spot performance
Venue matrix
8 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 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 BingX | Trade | APLD-USDT | Trading | $26.49 | +5.5% APR +0.00500% every 8h | +3.8 bps | $557K | $1.6M⚠ | $2.6K | USDT | - | |
 Bybit | Trade | APLD/USDT | Trading | $26.57 | 0.0% APR 0.000% every 8h | +3.8 bps | $11.4K | $1.2M | $143.3K | USDT | 25x | |
 KuCoin | Trade | APLD/USDT | Trading | $26.50 | +4.8% APR +0.00440% every 8h | +7.5 bps | $2.5K | $865.1K | $78K | USDT | 10x | |
 Ourbit | Trade | APLD/USDT | Trading | $26.48 | 0.0% APR 0.000% every 8h | +30.2 bps | $24.3K | $642.9K | $114K | USDT | 20x | |
 HTX | Trade | APLD/USDT | Trading | $26.56 | 0.0% APR 0.000% every 8h | +60.2 bps | $3.1K | $282.8K | $6.6K | USDT | - | |
 OKX | Trade | APLD/USDT | Trading | $26.49 | 0.0% APR 0.000% every 8h | +30.2 bps | $4.4K | $70.3K | $67.7K | USDT | 20x | |
 Bitget | Trade | APLD/USDT | Trading | $26.48 | 0.0% APR 0.000% every 8h | +15.1 bps | $818.4K | $51.2K | $148.2K | USDT | 20x | |
 LBank | Trade | APLD/USDT | Trading | $26.47 | 0.0% APR 0.000% every 8h | +22.7 bps | $642K | $50.1K | - | USDT | 50x |
Tokenized wrappers of the real stock, tradable on-chain and on crypto exchanges around the clock. Premium/discount compares the token price to our stock reference price. Data: CoinMarketCap · Robinhood · DexScreener · GeckoTerminal.
| Product | Price | Premium vs stock | 24h Vol. | Market Cap | Chains |
|---|---|---|---|---|---|
| APLDonOndo GM | $26.52 | +0.14% | $264k | $206k | Solana · Ethereum · BNB Smart Chain (BEP20) |
| APLDRobinhood | $26.45 | -0.11% | $123 | $28k | Robinhood Chain |
| Exchange | Pair | Price | 24h Vol. | Liquidity |
|---|---|---|---|---|
 uniswapDEX · robinhood | APLD/USDG ↗ | – | – | – |
| uniswapDEX · robinhood | APLD/ETH ↗ | $26.45 | $123 | $9k |
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100k
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100kAdequate liquidity · 6 of 8 venues absorb $10k · Typical cost: +15.7 bps – +100.4 bps
Cheapest execution: BingX · +7.6 bps
Too thin: OKX, KuCoin
Taker execution estimate incl. approx. fees - maker fills are not guaranteed.
Best venues for this underlying
Best liquidity
APLDTightest spread
APLDHighest volume
APLDFunding history
Stored venue snapshots by market
Funding history
Stored venue snapshots by marketCompany data
Company fundamentals
Updated 5h ago
Company data
Company fundamentals
More metrics
Fundamental detail
Annual + quarterlyHistorical value series
Refreshed 5h ago
Next catalyst
Catalysts
Next catalyst
Catalysts
No unusual perp activity right now.
Research data
Analysts, filings and peer context
Research data
Analysts, filings and peer context
Estimates
6Company events
6Peer comparison
Similar listed perpsRevenue mix
PendingAnalysts
PendingOwnership
APLD-PERPFilings
PendingLatest updates
No recent updates available.FMP company data
Company intelligence
Updated: Sep 7, 2026, 04:48 AM UTC
FMP company data
Company intelligence
Company profile
- Sector
- Technology
- Industry
- Information Technology Services
- Chief executive
- Wes Cummins
- Employees
- 256
- IPO date
- Apr 13, 2022
- Country
- US
- Exchange
- NASDAQ
Rating factors
- Return on equityi
- 1
- Return on assetsi
- 1
- Debt to equityi
- 1
- Price to earningsi
- 1
- Price to booki
- 1
Company press releases
Market cap history
Largest fund holders
| Fund | Weight | Shares held |
|---|---|---|
| VTI | 0.01% | 8.2M |
| VB | 0.09% | 5.9M |
| NJM | 0.31% | 5.6M |
| VGT | 0.07% | 3.8M |
| VBK | 0.21% | 3.4M |
| DTCR | 4.09% | 3.3M |
| VXF | 0.08% | 2.9M |
| NLO | 0.45% | 1.5M |
| FSMAX | 0.09% | 1.4M |
| SCHA | 0.14% | 1.2M |
| FSMDX | 0.05% | 1M |
| IWR | 0.04% | 1M |
Analyst track record
How the analysts covering APLD have done: ratings, price-target accuracy and the measured reaction after their calls.
| 12 months | 3 years | |
|---|---|---|
| Ratings | 93 | 236 |
| Analysts | 16 | 19 |
| Buy / hold / sell | 91 / 2 / 0 | 233 / 3 / 0 |
| Upgrades / downgrades / initiations | 0 / 0 / 5 | 1 / 1 / 9 |
| Price targets hit / missed | 1 / 77 (1%) | 121 / 78 (61%) |
| Avg. return after a rating (TipRanks) | -46.2% | +52.4% |
| Best / worst call | +12.1% / -74.0% | +415.6% / -74.0% |
After buy calls on this stock: median 21-day move +4.4% vs S&P 500 +2.6% (n = 230)
Most accurate on this stock
- Joe Flynn · Lucid Capital100% hit rate on this stockHold · target $13.00 · Jun 9, 2025
- Brett Knoblauch · Cantor Fitzgerald100% hit rate on this stockBuy · target $7.00 · Apr 15, 2025
- Darren Aftahi · Roth MKM100% hit rate on this stockBuy · target $14.00 · Oct 2, 2023
Latest ratings
- Aug 21, 2026 Nick Giles (B. Riley Securities): Maintained · Buy · $75.00 · article
- Aug 20, 2026 Michael Grondahl (Northland Securities): Maintained · Buy · $82.00 · article
- Aug 17, 2026 Michael Grondahl (Northland Securities): Maintained · Buy · $82.00 · article
- Aug 14, 2026 John Todaro (Needham): Maintained · Buy · $83.00 · article
- Aug 6, 2026 Stephen Byrd (Morgan Stanley): Reiterated · Hold · $37.50 · article
Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.
TipRanks data via FMP · computed Sep 11, 2026 · 93 ratings
Frequently asked questions
Where can I trade APLD perpetual futures?
Applied Digital Corporation (APLD) perpetual futures trade on 8 crypto venues, including BingX, Bybit, KuCoin. PerpEquities compares them by live price, funding rate, open interest and liquidity.
Can I trade APLD around the clock?
Yes. Unlike the underlying stock, APLD perpetuals trade 24/7 — including weekends and outside regular market hours.
What is the funding rate on APLD perpetuals?
Right now the APLD perp funding rate is 0.0% annualized (venue median), ranging from 0.0% to +5.5% across 8 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.
How does the APLD perp price compare to the Applied Digital Corporation stock?
The venue-median APLD perp mark is $26.5 versus a reference stock price of $26.5, a basis of 0.0%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.
What is a APLD perpetual future?
A APLD perpetual is a derivative that tracks the price of Applied Digital Corporation with no expiry date. It lets you take long or short exposure to Applied Digital Corporation on crypto venues, around the clock.
What is APLDUSDT perpetual?
APLDUSDT is the symbol most crypto exchanges use for the Applied Digital Corporation perpetual settled in USDT (Tether). It tracks the APLD share price through an index, trades 24/7 with leverage and never expires.
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