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Equity · Financial services
Coinbase Global, Inc. (COIN) perpetual futures
COIN perpetual futures on 28 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade COINUSDT.
Coinbase Global provides financial infrastructure and technology for digital assets, serving consumers, institutions, and developers across the US and international markets.
$192.25-1.7%NASDAQ closed
Price chart
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Use the left and right arrow keys to inspect points on the chart.
Collecting venue price data...
venue perp mark · Binance (COIN/USDT)
Auto: highest-volume live perp venueOpen in TradingView
Trading data
Perpetual market activity
28/28 live markets
Trading data
Perpetual market activity
Venues
28
Live markets
28/28
24h volume
$140.6MCoverage: 23/28 marketsExchange-reported volume: $183.5M
Open interest
$58.9MCoverage: 22/28 markets
Best liquidity
$9.3M
MEXC
Tightest spread
+0.5 bps
Bitunix
Highest volume
$57M
Binance
Settlement mix
USDT · 17/28
Perp/spot vol.
0.11x
Spot volume $1.3B
OI / float
+0.14%
Float $42.2B
Spot performance
1D-1.70%
5D-3.14%
1M+7.36%
6M+19.02%
YTD-15.19%
1Y-42.58%
Venue matrix
28 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 | COIN/USDT | Trading | $192.27 | 0.0% APR 0.000% every 8h | +1.0 bps | - | $57M | $14.7M | USDT | - | |
 LBank | Trade | COIN/USDT | Trading | $192.28 | 0.0% APR 0.000% every 8h | +1.0 bps | $4.1M | $28.1M | - | USDT | 20x | |
 Deepcoin | Trade | COIN/USDT | Trading | $192.29 | - | +2.6 bps | $2.5M | $11.2M | - | USDT | 20x | |
 Hyperliquid HIP-3 | Trade | xyz:COIN | Trading | $192.14 | +15.5% APR +0.00177% every 1h | +1.0 bps | $303.2K | $9.3M | $12.3M | USDC | 10x | |
 Bitget | Trade | COIN/USDT | Trading | $192.43 | 0.0% APR 0.000% every 8h | +1.6 bps | - | $7.4M | $5.3M | USDT | 20x | |
 OKX | Trade | COIN/USDT | Trading | $192.33 | 0.0% APR 0.000% every 8h | +3.1 bps | $484.7K | $5.4M | $3M | USDT | 20x | |
 Bybit | Trade | COIN/USDT | Trading | $192.32 | 0.0% APR 0.000% every 8h | +2.6 bps | $263.6K | $4.9M | $4.8M | USDT | 50x | |
 Bitunix | Trade | COIN/USDT | Trading | $192.28 | +4.4% APR +0.00399% every 8h | +0.5 bps | $2.7M | $4.1M | - | USDT | 50x | |
 Gate.io | Trade | COIN/USDT | Trading | $192.37 | 0.0% APR 0.000% every 8h | +7.8 bps | $145.8K | $3.7M | $1.7M | USDT | 50x | |
 Lighter | Trade | COIN | Trading | $192.13 | +3.5% APR +0.00040% every 1h | +1.2 bps | $830.6K | $2.5M | $441.9K | USDC | - | |
 KuCoin | Trade | COIN/USDT | Trading | $192.14 | 0.0% APR 0.000% every 8h | +18.7 bps | $8.1K | $1.9M | $999.2K | USDT | 20x | |
 Ondo Perps | Trade | COIN/USD | Trading | $192.11 | - | +5.2 bps | $508.6K | $1.8M | $349.7K | USDC | 10x | |
 MEXC | Trade | COIN/USDT | Trading | $192.25 | 0.0% APR 0.000% every 8h | +10.4 bps | $9.3M | $1.7M | $10.7M | USDT | 100x | |
 GRVT | Trade | COIN/USDT | Trading | $192.26 | 0.0% APR 0.000% every 8h | +2.6 bps | $435.5K | $444.1K | $10.2K | USDT | - | |
 BloFin | Trade | COIN/USDT | Trading | $192.27 | +13.1% APR +0.012% every 8h | +1.0 bps | $2.8M | $330.3K | $189.4K | USDT | 20x | |
 Aster | Trade | COINUSDT | Trading | $192.21 | 0.0% APR 0.000% every 8h | +103.5 bps | $126.4K | $276K | $360.8K | USDT | - | |
 Kraken | Trade | PF_COINXUSD | Trading | $192.20 | +43.4% APR +0.00495% every 1h | +8.3 bps | $233.1K | $184.2K | $302.3K | USD | - | |
 Crypto.com Exchange | Trade | COIN/USD | Trading | $191.17 | +20.3% APR +0.00231% every 1h | +7.8 bps | $22.8K | $113.5K | $18.3K | USD | 50x | |
 Helix (Injective) | Trade | COIN/USDC | Trading | $192.13 | -32.4% APR -0.00370% every 1h | +37.5 bps | $191.7K | $107.1K | - | USDC | 30x | |
 HTX | Trade | COINX/USDT | Trading | $192.20 | 0.0% APR 0.000% every 8h | +1.0 bps | $1.1M | $86.6K | $72.8K | USDT | - | |
 Vest | Trade | COIN/USDC | Trading | $192.02 | +5.0% APR +0.00057% every 1h | +31.8 bps | $93.5K | $25.7K | - | USDC | 25x | |
 Orderly Network | Trade | COIN/USDC | Trading | $192.20 | +11.0% APR +0.010% every 8h | - | - | $12K | $2.1K | USDC | - | |
 Aevo | Trade | COIN/USDC | Trading | $192.16 | +11.4% APR +0.00130% every 1h | +19.9 bps | $201K | $0 | $113.4 | USDC | 10x | |
 gTrade (Gains) | Trade | COIN/USD | Trading | $191.68 | - | - | - | - | - | USD | 2x | |
 XT.com | Trade | COINX/USDT | Trading | $192.11 | +22.1% APR +0.010% every 4h | +30.7 bps | $145.1K | $28.5M⚠ | $3.1M | USDT | 10x | |
 BingX | Trade | COIN-USDT | Trading | $192.28 | +5.5% APR +0.00500% every 8h | +2.1 bps | $2.6M | $7.1M⚠ | $181.5K | USDT | - | |
 Ourbit | Trade | COIN/USDT | Trading | $192.28 | 0.0% APR 0.000% every 8h | +0.5 bps | - | $5.7M⚠ | $204.4K | USDT | 100x | |
 Extended | Trade | COIN/USD | Trading | $192.18 | 0.0% APR 0.000% every 1h | +2.1 bps | $177.5K | $1.5M⚠ | $130.5K | USD | 10x |
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 |
|---|---|---|---|---|---|
| COINonOndo GM | $191.89 | -0.19% | $4.9M | $9.4M | Ethereum · BNB Smart Chain (BEP20) · Solana · HyperEVM |
| COINXxStocks | $191.42 | -0.43% | $4.7M | $12.8M | Solana · Arbitrum · BNB Smart Chain (BEP20) · Ethereum |
| COINBbStocks | $191.90 | -0.18% | $4.7M | $17.1M | BNB Smart Chain (BEP20) |
| COINRobinhood | $192.51 | +0.14% | $897k | $2.1M | Robinhood Chain |
| rCOINTokenized | $191.69 | -0.29% | $417k | $2.8M | Arbitrum |
| WCOINXxStocks | $191.88 | -0.19% | $256k | $144k | X Layer · Arbitrum |
| Exchange | Pair | Price | 24h Vol. | Liquidity |
|---|---|---|---|---|
 uniswapDEX · robinhood | COIN/WETH ↗ | $192.51 | $897k | $647k |
| bybitCEX | COINX/USDT ↗ | $192.13 | $849k | – |
 raydiumDEX · solana | COINx/USDC ↗ | $192.47 | $727k | $1.5M |
| gateioCEX | COINON/USDT ↗ | $191.92 | $244k | – |
| gateioCEX | COINX/USDT ↗ | $191.82 | $80k | – |
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 · 22 of 28 venues absorb $10k · Typical cost: +6.5 bps – +19.4 bps
Cheapest execution: Lighter · +1.2 bps
Too thin: KuCoin
No fresh book data: Aster, Bitget, Ourbit, Orderly Network, gTrade (Gains)
Taker execution estimate incl. approx. fees - maker fills are not guaranteed.
Best venues for this underlying
Best liquidity
COINTightest spread
COINHighest volume
COINFunding history
Stored venue snapshots by market
Funding history
Stored venue snapshots by marketCompany data
Company fundamentals
Updated 7m ago
Company data
Company fundamentals
Market cap
$50.6B
Updated 7m ago
Revenue
$6.3B
Trailing 12 months
Revenue growth
-28%
Next fiscal year
Profit margin
-15.7%
P/E
-52.0
Peer P/E -7.9
Free cash flow
$2.7B
Trailing 12 months
More metrics
Net income
-$987.8M
Trailing 12 months
P/S
8.1
Peer P/E
-7.9
Similar listed perps
Revenue estimate
$5.2B
Next fiscal year
Earnings
2026-10-29
Revenue est. $1.2B · Updated 7m ago
Dividend
-
Fundamental detail
Annual + quarterlyLatest revenue$7.2B
Net margin+17.6%
Free cash flow$2.4B
Net debt-$3.5B
PeriodRevenueGrowthNet incomeFCF
2020$1.3B+139%$322.3M$3B
2021$7.8B+514%$3.6B$4B
2022$3.2B-59%-$2.6B-$1.6B
2023$3.1B-3%$94.9M$923M
2024$6.6B+111%$2.6B$2.6B
2025$7.2B+9%$1.3B$2.4B
PeriodGross marginOperating marginNet marginROEROA
2020+89.4%+32.0%+25.2%+33.4%+5.5%
2021+77.8%+39.2%+46.2%+56.8%+17.0%
2022+80.3%-84.8%-82.2%-48.1%-2.9%
2023+63.5%-5.2%+3.1%+1.5%+0.6%
2024+74.7%+35.1%+39.3%+25.1%+11.4%
2025+74.6%+20.3%+17.6%+8.5%+4.2%
PeriodCashDebtNet debtCurrent ratio
2020$1.1B$379.1M-$682.8M1.21
2021$7.1B$3.5B-$3.6B1.61
2022$4.4B$3.5B-$935.3M1.07
2023$5.1B$3B-$2.1B2.07
2024$8.5B$4.6B-$3.9B2.28
2025$11.3B$7.8B-$3.5B2.34
PeriodMarket capEnterprise valueP/SP/E
2020$61.1B$60.4B47.8566.0
2021$44.7B$41.1B5.714.4
2022$7.9B$6.9B2.5-3.0
2023$41B$38.9B13.2434.8
2024$61.4B$57.5B9.423.8
2025$58.8B$55.4B8.246.6
PeriodRevenueGrowthNet incomeFCF
Q3 2024$1.2B+79%$75.5M$696.5M
Q4 2024$2.3B+138%$1.3B$964.6M
Q1 2025$2B+24%$65.6M-$182.7M
Q2 2025$1.5B+3%$1.4B$328.5M
Q3 2025$1.9B+55%$432.6M-$784.5M
Q4 2025$1.8B-22%-$666.7M$3.1B
Q1 2026$1.4B-31%-$394.1M$182.7M
Q2 2026$1.2B-19%-$359.5M$197.3M
PeriodGross marginOperating marginNet marginROEROA
Q3 2024+71.0%+14.1%+6.3%+0.9%0.0%
Q4 2024+75.6%+45.5%+56.8%+12.6%+5.7%
Q1 2025+75.4%+36.4%+3.2%+0.6%+0.3%
Q2 2025+71.6%-2.2%+95.4%+11.8%+6.1%
Q3 2025+74.6%+23.8%+23.1%+2.7%+1.4%
Q4 2025+76.5%+17.1%-37.4%-4.5%-2.2%
Q1 2026+69.7%+1.0%-27.9%-2.9%-1.4%
Q2 2026+84.4%-6.0%-29.5%-2.7%-1.4%
PeriodCashDebtNet debtCurrent ratio
Q3 2024$7.7B$4.5B-$3.2B1.03
Q4 2024$8.5B$4.6B-$3.9B2.28
Q1 2025$8.1B$4.6B-$3.5B2.52
Q2 2025$7.5B$4.4B-$3.1B2.13
Q3 2025$8.7B$7.4B-$1.3B2.40
Q4 2025$11.3B$7.8B-$3.5B2.34
Q1 2026$10.2B$8B-$2.2B2.14
Q2 2026$8.9B$6.7B-$2.2B1.54
PeriodMarket capEnterprise valueP/SP/E
Q3 2024$44.3B$41.1B36.8148.5
Q4 2024$62.4B$58.5B27.512.1
Q1 2025$43.7B$40.3B21.5165.6
Q2 2025$89.4B$86.3B59.715.6
Q3 2025$88.7B$87.4B47.551.1
Q4 2025$60.7B$57.2B34.1-22.7
Q1 2026$46.2B$44B32.7-29.3
Q2 2026$38.5B$36.3B31.6-26.9
Refreshed 7m ago
Charts: revenue, profit, cash flow & valuation
CashDebt
Gross marginOperating marginNet margin
P/EP/S
CashDebt
Gross marginOperating marginNet margin
P/EP/S
Next catalyst
Catalysts
Next catalyst
Catalysts
Earnings
2026-10-29
Revenue est. $1.2B · Updated 7m ago
No unusual perp activity right now.
FMP reference data
Market context
FMP reference data
Market context
NASDAQ
After-hours reference
Bid192.3
Ask193.5
Volume6,759,828
Research data
Analysts, filings and peer context
Research data
Analysts, filings and peer context
Estimates
6DateEPS estimateRevenue estimateGrowthAnalysts
FY 2026-3.12$5.2B-28%16
FY 20272.57$6.7B-7%20
FY 20284.88$7.6B+5%8
FY 20297.34$8.4B+16%5
FY 20301.25$5.2B-28%5
Q1 20270.44$1.5B+5%5
Company events
62026-10-29EarningsActual - / Estimate -0.22-
2026-07-30EarningsActual -1.36 / Estimate -0.44Miss
2026-05-07EarningsActual -0.24 / Estimate 0.36Miss
2026-02-12EarningsActual -2.49 / Estimate 0.99Miss
2025-10-30EarningsActual 1.44 / Estimate 1.2Beat
2025-07-31EarningsActual 5.14 / Estimate 1.19Beat
Peer comparison
Similar listed perpsNameMarket capP/SP/EProfit marginVenues
BTGO$777.6M0.0-7.9-0.6%1Revenue mix
PendingSegment data is not available yet.
Analysts
PendingNo analyst data available yet.
Ownership
COIN-PERPOwnership data is being populated.
Filings
PendingNo filings available yet.
Transcripts
PendingNo transcripts available yet.
Company 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 27, 2026, 01:52 PM UTC
FMP company data
Company intelligence
Company profile
- Sector
- Financial Services
- Industry
- Financial - Data & Stock Exchanges
- Chief executive
- Brian Armstrong
- Employees
- 4,951
- IPO date
- Apr 14, 2021
- Country
- US
- Exchange
- NASDAQ Global Select
Altman Z-scorei2.87
Piotroski scorei3/9
FMP ratingiC-
Owner earningsi$182.27M$0.69 per share
ESG risk ratingiBIndustry rank: 9 out of 14
Rating factors
- Return on equityi
- 1
- Return on assetsi
- 1
- Debt to equityi
- 2
- Price to earningsi
- 1
- Price to booki
- 1
Company press releases
Better Offers Coinbase One Members Up to $10,000 in HELOC RebatesBusiness WireHotcoin Officially Launches TradFi, Enabling 24/7 Trading of U.S. Stock-Linked Products with StablecoinsGlobeNewsWireION partners with Coinbase to support Kalshi's event contractsPRNewsWireCoinbase to Participate in Citi's 2026 Global TMT ConferenceBusiness WireCoinbase to Participate in the Goldman Sachs Communacopia + Technology ConferenceBusiness WireBetter, Coinbase Announce General Availability of First Token-backed, Conforming Mortgage to Expand Homeownership Access for a New Generation of Mortgage BorrowersBusiness Wire
Congressional disclosures
House
Gilbert CisnerosSale · $1,001 - $15,000Disclosed: Sep 11, 2026Ro KhannaSale · $1,001 - $15,000Disclosed: Sep 7, 2026Gilbert Ray CisnerosPurchase · $1,001 - $15,000Disclosed: Sep 7, 2026Gilbert CisnerosPurchase · $1,001 - $15,000Disclosed: Sep 7, 2026Gilbert Ray CisnerosPurchase · $1,001 - $15,000Disclosed: Sep 7, 2026
Market cap history
$51.39B+28.0%Jun 26 – Sep 26
Latest: $51.39B · 2026-09-25High: $52.96B · 2026-09-21Low: $38.59B · 2026-08-03
Largest fund holders
| Fund | Weight | Shares held |
|---|---|---|
| ANNPX | 1.09% | 17.9M |
| VTI | 0.05% | 6.7M |
| VOO | 0.06% | 5.9M |
| BILPX | 0.11% | 5.7M |
| VO | 0.35% | 4.2M |
| NCV | 0.66% | 4.1M |
| NFJ | 0.22% | 3.6M |
| NCZ | 0.66% | 3.2M |
| NIE | 0.38% | 3.2M |
| IVV | 0.07% | 3M |
| XAW.TO | 0.04% | 3M |
| 1557.T | 0.07% | 2.8M |
Analyst track record
How the analysts covering COIN have done: ratings, price-target accuracy and the measured reaction after their calls.
| 12 months | 3 years | |
|---|---|---|
| Ratings | 217 | 583 |
| Analysts | 40 | 53 |
| Buy / hold / sell | 146 / 59 / 12 | 303 / 196 / 84 |
| Upgrades / downgrades / initiations | 10 / 4 / 8 | 22 / 11 / 21 |
| Price targets hit / missed | 41 / 152 (21%) | 142 / 381 (27%) |
| Avg. return after a rating (TipRanks) | -17.0% | +0.8% |
| Best / worst call | +109.7% / -60.9% | +637.8% / -60.9% |
After buy calls on this stock: median 21-day move -3.5% vs S&P 500 -4.5% (n = 295)
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.
- Mike ColonneseH.C. Wainwright100% hit rate on this stock · 14 targets measuredBuytarget $265Jul 31, 2026
- Owen LauClear Street95% hit rate on this stock · 21 targets measuredBuytarget $224Sep 21, 2026
- John TodaroNeedham88% hit rate on this stock · 16 targets measuredBuytarget $177Jul 31, 2026
Latest ratings
| Date | Analyst | Call | Target | |
|---|---|---|---|---|
| Sep 28, 2026 | David KoningRobert W. Baird | HoldMaintained | $205 | article ↗ |
| Sep 28, 2026 | David KoningRobert W. Baird | HoldMaintained | $205 | article ↗ |
| Sep 28, 2026 | Stephen GlagolaKBW | BuyInitiated | $237 | article ↗ |
| Sep 28, 2026 | Stephen GlagolaKBW | BuyInitiated | $237 | article ↗ |
| Sep 26, 2026 | Andrew JeffreyWilliam Blair | BuyReiterated | – |
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 · 217 ratings
Frequently asked questions
Where can I trade COIN perpetual futures?
Coinbase Global, Inc. (COIN) perpetual futures trade on 28 crypto venues, including Binance, XT.com, LBank. PerpEquities compares them by live price, funding rate, open interest and liquidity.
Can I trade COIN around the clock?
Yes. Unlike the underlying stock, COIN perpetuals trade 24/7 — including weekends and outside regular market hours.
What is the funding rate on COIN perpetuals?
Right now the COIN perp funding rate is 0.0% annualized (venue median), ranging from 0.0% to +22.1% across 28 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.
How does the COIN perp price compare to the Coinbase Global, Inc. stock?
The venue-median COIN perp mark is $192.2 versus a reference stock price of $192.3, 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 COIN perpetual future?
A COIN perpetual is a derivative that tracks the price of Coinbase Global, Inc. with no expiry date. It lets you take long or short exposure to Coinbase Global, Inc. on crypto venues, around the clock.
What is COINUSDT perpetual?
COINUSDT is the symbol most crypto exchanges use for the Coinbase Global, Inc. perpetual settled in USDT (Tether). It tracks the COIN share price through an index, trades 24/7 with leverage and never expires.
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