PerpEquitiesEquity · Technology
Applied Digital Corporation (APLD) perpetual futures
APLD perpetual futures on 16 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
16/16 live markets
Trading data
Perpetual market activity
Spot performance
Venue matrix
16 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 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 Binance | Trade | APLD/USDT | Trading | $24.42 | 0.0% APR 0.000% every 8h | +12.3 bps | $25.6K | $664K | $179.6K | USDT | - | |
 XT.com | Trade | APLD/USDT | Trading | $24.41 | +11.0% APR +0.010% every 8h | +12.3 bps | $8K | $440.9K | $2.6M | USDT | 20x | |
 LBank | Trade | APLD/USDT | Trading | $24.43 | 0.0% APR 0.000% every 8h | +12.3 bps | $86.7K | $393.7K | $25.6K | USDT | 50x | |
 Bybit | Trade | APLD/USDT | Trading | $24.42 | 0.0% APR 0.000% every 8h | +4.1 bps | $13.5K | $165.1K | $146.3K | USDT | 25x | |
 HTX | Trade | APLD/USDT | Trading | $24.48 | 0.0% APR 0.000% every 8h | +102.1 bps | $5.5K | $129.8K | $7.2K | USDT | - | |
 MEXC | Trade | APLD/USDT | Trading | $24.41 | 0.0% APR 0.000% every 8h | +16.4 bps | $52.5K | $97.4K | $430.6K | USDT | 20x | |
 OKX | Trade | APLD/USDT | Trading | $24.43 | 0.0% APR 0.000% every 8h | +28.6 bps | $6.1K | $90.1K | $91.5K | USDT | 10x | |
 Bitget | Trade | APLD/USDT | Trading | $24.41 | 0.0% APR 0.000% every 8h | +28.7 bps | $483.2K | $90.1K | $254.2K | USDT | 20x | |
 Bitunix | Trade | APLD/USDT | Trading | $24.42 | +0.4% APR +0.00036% every 8h | +4.1 bps | $75.8K | $79.7K | $26K | USDT | 20x | |
 Phemex | Trade | APLD / USDT | Trading | $24.43 | 0.0% APR 0.000% every 8h | +12.3 bps | $62.3K | $53.4K | $141K | USDT | 10x | |
 Crypto.com Exchange | Trade | APLD/USD | Trading | $24.34 | +13.6% APR +0.00155% every 1h | +4.1 bps | $3.9K | $8K | $3.1K | USD | 50x | |
 BloFin | Trade | APLD/USDT | Trading | $24.41 | -3.2% APR -0.00289% every 8h | +16.4 bps | $59.2K | $2.6K | $36.4K | USDT | 20x | |
 Gate.io | Trade | APLD/USDT | Trading | $24.41 | 0.0% APR 0.000% every 8h | +86.0 bps | $5.1K | $2.3K | $8.2K | USDT | 20x | |
 BingX | Trade | APLD-USDT | Trading | $24.42 | +5.5% APR +0.00500% every 8h | +4.1 bps | $60.1K | $1.7M⚠ | $2.4K | USDT | - | |
 KuCoin | Trade | APLD/USDT | Trading | $24.45 | 0.0% APR 0.000% every 8h | +24.5 bps | $2.2K | $1.3M⚠ | $90.6K | USDT | 10x | |
 Ourbit | Trade | APLD/USDT | Trading | $24.41 | 0.0% APR 0.000% every 8h | +12.3 bps | $69.4K | $531.3K⚠ | $105.3K | USDT | 20x |
Unverified volume: implausibly high against open interest, a typical sign of wash trading. These venues are listed last.
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 | $24.42 | +0.04% | $283k | $209k | Solana · Ethereum · BNB Smart Chain (BEP20) |
| APLDRobinhood | – | – | – | $15k | Robinhood Chain |
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100k
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100kBroad liquidity · 12 of 16 venues absorb $10k · Typical cost: +29.5 bps – +67.0 bps
Cheapest execution: BingX · +16.3 bps
Too thin: Gate.io, Crypto.com Exchange, KuCoin
No fresh book data: HTX
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 4m ago
Company data
Company fundamentals
More metrics
Fundamental detail
Annual + quarterlyRefreshed 4m ago
Charts: revenue, profit, cash flow & valuation
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
PendingCompany news
Reuters, WSJ, Bloomberg and FT first, as far as our news provider delivers them; other publishers behind the second filter. Headlines link to the publisher.No articles from Reuters, WSJ, Bloomberg or FT for this company in our feed.
FMP company data
Company intelligence
Updated: Sep 18, 2026, 06:12 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 | 0.08% | 5.9M |
| NJM | 0.31% | 5.6M |
| VGT | 0.06% | 3.8M |
| VBK | 0.19% | 3.4M |
| DTCR | 3.89% | 3.3M |
| VXF | 0.08% | 3M |
| NLO | 0.45% | 1.5M |
| FSMAX | 0.09% | 1.4M |
| SCHA | 0.13% | 1.2M |
| FSMDX | 0.05% | 1.1M |
| 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 | 94 | 235 |
| Analysts | 19 | 22 |
| Buy / hold / sell | 90 / 4 / 0 | 230 / 5 / 0 |
| Upgrades / downgrades / initiations | 0 / 0 / 8 | 1 / 1 / 12 |
| Price targets hit / missed | 1 / 79 (1%) | 117 / 81 (59%) |
| Avg. return after a rating (TipRanks) | -43.6% | +57.6% |
| Best / worst call | +23.0% / -72.7% | +441.2% / -72.7% |
After buy calls on this stock: median 21-day move +4.3% vs S&P 500 +2.4% (n = 234)
Most accurate on this stock
Share of an analyst's price targets on this stock that the price reached within 12 months (our measurement over the last 3 years, at least 8 targets). It describes past calls, not the odds of the current one.
- George SuttonCraig-Hallum90% hit rate on this stock · 10 targets measuredBuyno targetSep 25, 2026
- Michael GrondahlNorthland Securities89% hit rate on this stock · 18 targets measuredBuytarget $82.00Aug 20, 2026
- Kevin DedeH.C. Wainwright82% hit rate on this stock · 11 targets measuredBuytarget $40.00Apr 9, 2026
Latest ratings
| Date | Analyst | Call | Target | |
|---|---|---|---|---|
| Sep 25, 2026 | George SuttonCraig-Hallum | BuyMaintained | – | article ↗ |
| Sep 23, 2026 | Ryan GravettUBS | BuyInitiated | $38.00 | article ↗ |
| Sep 23, 2026 | Ryan GravettUBS | BuyInitiated | $38.00 | article ↗ |
| Sep 21, 2026 | Alexander HaisslRothschild & Co Redburn | HoldInitiated | $22.00 | article ↗ |
| Sep 21, 2026 | Alexander HaisslRothschild & Co Redburn | HoldInitiated | $22.00 | 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 28, 2026 · 94 ratings
Frequently asked questions
Where can I trade APLD perpetual futures?
Applied Digital Corporation (APLD) perpetual futures trade on 16 crypto venues, including BingX, KuCoin, Binance. 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 -3.2% to +13.6% across 16 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 $24.4 versus a reference stock price of $24.4, 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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