PerpEquities

Equity · Consumer cyclical

Booking Holdings (BKNG) perpetual futures

BKNG perpetual futures on 8 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade BKNGUSDT.

Booking Holdings Inc. is a global provider of online travel and dining reservation services, operating platforms like Booking.com, Priceline, KAYAK, and OpenTable.

$170.60+9.8%NASDAQ closed
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venue perp mark · BingX (BKNG-USDT)
Auto: highest-volume live perp venueOpen in TradingView

Trading data

Perpetual market activity

8/8 live markets
Venues
8
Live markets
8/8
24h volume
$1.3M
Open interest
$3.5M
Best liquidity
$477.5K
Bitget
Tightest spread
+2.3 bps
Bitget
Highest volume
$280.8K
BingX
Settlement mix
USDT · 7/8
Perp/spot vol.
0.00x
Spot volume $2.5B
OI / float
0.00%
Float $127.8B
Spot performance
1D+9.83%
5D+12.37%
1M+7.51%
6M+3.26%
YTD-20.19%
1Y-14.37%

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
BingXTradeBKNG-USDTTrading$170.89+5.5% APR
+0.00500% every 8h
+79.6 bps$3K$280.8K$1.6KUSDT-
BitgetTradeBKNG/USDTTrading$170.600.0% APR
0.000% every 8h
+2.3 bps$477.5K$242.5K$93.7KUSDT20x
LBankTradeBKNG/USDTTrading$170.800.0% APR
0.000% every 8h
+35.1 bps$466.5K$240.1K$227KUSDT20x
MEXCTradeBKNG/USDTTrading$170.800.0% APR
0.000% every 8h
+35.1 bps$288.8K$239K$2.9MUSDT20x
HTXTradeBKNG/USDTTrading$170.660.0% APR
0.000% every 8h
+359.5 bps$0$108.4K$5KUSDT-
BybitTradeBKNG/USDTTrading$171.140.0% APR
0.000% every 8h
+77.7 bps$3.4K$72.5K$59.6KUSDT25x
ExtendedTradeBKNG/USDTrading$170.27+4.4% APR
+0.00050% every 1h
+117.9 bps$180K$59.5K$48KUSD10x
Gate.ioTradeBKNG/USDTTrading$170.750.0% APR
0.000% every 8h
+136.1 bps$1.1K$31.1K$207.2KUSDT20x

Tradability

Execution quality

Entry cost and depth per venue at $1k–$100k

Adequate liquidity · 4 of 8 venues absorb $10k · Typical cost: +24.2 bps – +67.2 bps

Cheapest execution: Bitget · +15.7 bps

Too thin: Bybit

No fresh book data: Extended, Gate.io, HTX

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

Best venues for this underlying

Best liquidity

BKNG

Tightest spread

BKNG

Highest volume

BKNG

Funding history

Stored venue snapshots by market

Company financials

Financials at a glance

Last report Q3 '26 · filed 2026-11-03 · Updated 1h ago
All financials →

Valuation & key figures

Market cap
$128.5B
Updated 1h ago
Revenue
$28.1B
Trailing 12 months
Revenue growth
+9%
Next fiscal year
Profit margin
+25.5%
P/E
18.4
Peer P/E 33.3
P/S
4.6
Peer P/E
33.3
Similar listed perps
Free cash flow
$9.2B
Trailing 12 months
Net income
$7.2B
Trailing 12 months
Revenue estimate
$29.2B
Next fiscal year
Earnings
2027-02-17
Revenue est. $6.6B · Updated 1h ago
Dividend
$0.42
2026-09-11
Revenue (TTM)$28.1B+8.0% vs a year agoLast 4 quarters; bars = each quarter
Operating margin (TTM)32.8%-1.7 pp vs a year agoOperating income $9.22B
Net income (TTM)$7.18B+42.3% vs a year agoAfter tax, incl. non-operating gains
Free cash flow (TTM)$9.24B+11.1% vs a year agoCapex $324M
Diluted EPS (TTM)$9.25+50.3% vs a year agoSum of the last 4 quarters
Net cash-$4.76B-366.9% vs a year agoCash + short-term investments - debt
  • Revenue growth slowing: -1.3% year on yearQ3 '26 revenue $8.89B, against an average of 13.3% over the four quarters before.
  • Operating margin 32.8% (TTM), -1.7 pp on a year agoOperating income grew 2.7% while revenue grew 8.0%.
  • Capex 1.2% of revenue (a year ago 1.2%)$324M invested in the last 4 quarters (-0.3% on a year earlier). Free cash flow $9.24B = 128.7% of net income.
  • Returned $13B to shareholders = 140.6% of free cash flowBuybacks $12B (a year earlier $5.55B), dividends $971M, stock-based pay $594M (TTM). More than the free cash flow: paid from cash or debt.

Revenue, operating income and growth

quarterly

Revenue by business line

latest quarter
LineRevenuey/yShare
Merchant Revenue$5.13B+15.0%69.7%
Agency Revenue$1.9B-6.9%25.9%
Advertising and other revenues$322M+8.4%4.4%
In the full financialsIncome statement, balance sheet and cash flow (12 quarters / 10 years) · margins and cost structure · capital allocation and buybacks · valuation against the 5-year range · analyst estimates · all 219 lines Booking Holdings Inc. reported to the SEC

Next catalyst

Catalysts

Earnings
2027-02-17
Revenue est. $6.6B · Updated 1h ago
Dividend
$0.42
2026-09-11

No unusual perp activity right now.

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 202610.46$29.2B+9%26
FY 202712.35$32B+19%25
FY 202814.45$34.6B+28%20
FY 202917.30$38B+41%9
FY 203020.09$40.6B+51%9
Q1 20271.40$5.9B+7%8

Company events

6
2027-02-17EarningsActual - / Estimate 2.33-
2026-11-03Earnings · After market closeActual 4.66 / Estimate 4.49Beat
2026-09-11Dividend$0.42-
2026-08-04EarningsActual 2.54 / Estimate 2.43Beat
2026-06-05Dividend$0.42-
2026-04-28EarningsActual 1.14 / Estimate 1.08Beat

Peer comparison

Similar listed perps

Company data

Company intelligence

Updated: Nov 2, 2026, 03:09 PM UTC

Company profile

Sector
Consumer Cyclical
Industry
Travel Services
Chief executive
Glenn D. Fogel
Employees
25,550
IPO date
Mar 31, 1999
Country
US
Exchange
NASDAQ Global Select
Website
Altman Z-scorei5.84
Piotroski scorei6/9
Overall ratingiB-
Owner earningsi$3.68B$4.78 per share
ESG risk ratingiB-Industry rank: 14 out of 17

Rating factors

Return on equityi
1
Return on assetsi
5
Debt to equityi
1
Price to earningsi
3
Price to booki
1
Market cap history
$113.76B-23.1%Aug 26 – Oct 26
$113.76B$138.81B$163.86BHigh: $163.86B · 2026-08-24Latest: $113.76B · 2026-10-30Aug 26Sep 26Oct 26
Latest: $113.76B · 2026-10-30High: $163.86B · 2026-08-24Low: $113.76B · 2026-10-30
Largest fund holders
FundWeightShares held
VTI0.17%23.9M
VECA.S0.42%21.8M
VOO0.19%19.7M
QQQ0.49%15.6M
FXAIX0.19%10.7M
IVV0.17%10M
1657.T0.13%10M
XSP.TO0.17%10M
XWD.TO0.12%10M
SPY0.17%9.1M
VUG0.34%8.3M
XLY2.95%4.4M

Analyst track record

How the analysts covering BKNG have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings183539
Analysts4148
Buy / hold / sell139 / 44 / 0361 / 177 / 1
Upgrades / downgrades / initiations6 / 2 / 415 / 10 / 12
Price targets hit / missed0 / 171 (0%)0 / 495 (0%)
Avg. return after a rating (TipRanks)-34.2%-61.5%
Best / worst call-10.6% / -97.5%-0.4% / -97.7%

After buy calls on this stock: median 21-day move +0.8% vs S&P 500 +0.5% (n = 360)

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.

  1. Jake FullerBTIG25% hit rate on this stock · 8 targets measuredBuytarget $250Nov 3, 2026
  2. Nicholas Jones CFAExane BNP Paribas17% hit rate on this stock · 12 targets measuredBuytarget $243Nov 24, 2025
  3. Scott DevittRosenblatt Securities17% hit rate on this stock · 12 targets measuredBuytarget $210Nov 4, 2026

Latest ratings

DateAnalystCallTarget
Nov 4, 2026Richard ClarkeBernsteinHoldMaintained$188
Nov 4, 2026Naved KhanB. Riley SecuritiesBuyInitiated$265
Nov 4, 2026Kevin KopelmanTD CowenBuyMaintained$250
Nov 3, 2026Deepak MathivananCantor FitzgeraldHoldReiterated$150
Nov 3, 2026Brad EricksonRBC CapitalBuyReiterated$205
Consensus over the last 12 months buy hold sell avg. target month-end close
Monthly buy, hold and sell shares of analyst ratings with the average price target and the month-end close$150$200$250$300$350$400Dec 25 · Buy 23 · Hold 6 · Sell 0Dec 25Jan 26 · Buy 21 · Hold 7 · Sell 0Feb 26 · Buy 25 · Hold 6 · Sell 0Feb 26Mar 26 · Buy 25 · Hold 6 · Sell 0Apr 26 · Buy 27 · Hold 8 · Sell 0Apr 26May 26 · Buy 26 · Hold 9 · Sell 0Jun 26 · Buy 26 · Hold 8 · Sell 0Jun 26Jul 26 · Buy 27 · Hold 9 · Sell 0Aug 26 · Buy 23 · Hold 8 · Sell 0Aug 26Sep 26 · Buy 25 · Hold 9 · Sell 0Oct 26 · Buy 25 · Hold 8 · Sell 0Oct 26Nov 26 · Buy 25 · Hold 8 · Sell 0Dec 25 · avg. target $247Jan 26 · avg. target $247Feb 26 · avg. target $427Mar 26 · avg. target $421Apr 26 · avg. target $222May 26 · avg. target $223Jun 26 · avg. target $222Jul 26 · avg. target $222Aug 26 · avg. target $234Sep 26 · avg. target $233Oct 26 · avg. target $230Nov 26 · avg. target $230Dec 25 · month-end close $214Jan 26 · month-end close $200Feb 26 · month-end close $170Mar 26 · month-end close $168Apr 26 · month-end close $168May 26 · month-end close $167Jun 26 · month-end close $178Jul 26 · month-end close $193Aug 26 · month-end close $199Sep 26 · month-end close $163Oct 26 · month-end close $148Nov 26 · month-end close $148

Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.

TipRanks data · computed Nov 4, 2026 · 183 ratings

Frequently asked questions

Where can I trade BKNG perpetual futures?

Booking Holdings (BKNG) perpetual futures trade on 8 crypto venues, including BingX, Bitget, LBank. PerpEquities compares them by live price, funding rate, open interest and liquidity.

Can I trade BKNG around the clock?

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

What is the funding rate on BKNG perpetuals?

Right now the BKNG 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 BKNG perp price compare to the Booking Holdings stock?

The venue-median BKNG perp mark is $170.8 versus a reference stock price of $170.6, 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 BKNG perpetual future?

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

What is BKNGUSDT perpetual?

BKNGUSDT is the symbol most crypto exchanges use for the Booking Holdings perpetual settled in USDT (Tether). It tracks the BKNG share price through an index, trades 24/7 with leverage and never expires.

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Analysts who hit 70%+ of their targets on the perps we track, congress buys over $500k, 13F positions over $5M, funding spreads that have paid for days. Every post shows the evidence. Free, no sign-up.

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