PerpEquities

Equity

Dell Technologies Inc. (DELL) perpetual futures

DELL perpetual futures on 23 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade DELLUSDT.

Dell Technologies designs, develops, and sells IT solutions, including servers, storage, networking, PCs, and cloud services, operating through ISG, CSG, and VMware segments.

$343.00-4.5%NYSE open
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TradingView symbol NYSE:DELL

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Trading data

Perpetual market activity

23/23 live markets
Venues
23
Live markets
23/23
24h volume
$50.6MCoverage: 17/23 marketsExchange-reported volume: $86.7M
Open interest
$15.1MCoverage: 20/23 markets
Best liquidity
$3M
Ourbit
Tightest spread
+0.3 bps
Bitunix
Highest volume
$18.9M
Binance
Settlement mix
USDT · 17/23
Perp/spot vol.
0.02x
Spot volume $3B
OI / float
+0.01%
Float $199.1B
Spot performance
1D-0.64%
5D+7.30%
1M-35.62%
6M+55.39%
YTD+194.96%
1Y+163.88%

Venue matrix

23 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
BinanceTradeDELL/USDTTrading$342.980.0% APR
0.000% every 8h
+2.6 bps-$18.9M$3.3MUSDT-
Hyperliquid HIP-3Tradexyz:DELLTrading$342.82+12.5% APR
+0.00143% every 1h
+3.2 bps-$4.5M$5.4MUSDC10x
OKXTradeDELL/USDTTrading$343.130.0% APR
0.000% every 8h
+5.3 bps$229.9K$3.9M$1.8MUSDT20x
Gate.ioTradeDELL/USDTTrading$343.220.0% APR
0.000% every 8h
+18.2 bps$571.6K$3M$943KUSDT50x
BitgetTradeDELL/USDTTrading$342.820.0% APR
0.000% every 8h
+7.3 bps$1.3M$2.6M$1.1MUSDT20x
BybitTradeDELL/USDTTrading$343.020.0% APR
0.000% every 8h
+5.9 bps$338.1K$2.4M$1.1MUSDT50x
MEXCTradeDELL/USDTTrading$343.070.0% APR
0.000% every 8h
+5.0 bps$194.2K$546.1K$927.2KUSDT100x
BloFinTradeDELL/USDTTrading$343.02+0.1% APR
+0.00007% every 8h
+3.5 bps-$250.8K$100.1KUSDT20x
GRVTTradeDELL/USDTTrading$343.050.0% APR
0.000% every 8h
+8.5 bps$100.7K$192.4K$216.1USDT-
Helix (Injective)TradeDELL/USDCTrading$342.62+3.6% APR
+0.00042% every 1h
+19,998.8 bps$0$125.3K-USDC12x
HTXTradeDELL/USDTTrading$343.25+11.0% APR
+0.010% every 8h
+62.5 bps$96.2K$57.7K$12.4KUSDT-
AsterTradeDELLUSDTTrading$342.690.0% APR
0.000% every 8h
+20.0 bps$26.2K$35.5K$14.7KUSDT-
Crypto.com ExchangeTradeDELL/USDTrading$342.51-45.8% APR
-0.00523% every 1h
+16.8 bps$9.7K$24.9K$21.9KUSD50x
ExtendedTradeDELL/USDTrading$342.660.0% APR
0.000% every 1h
+8.2 bps-$21.4K$9.7KUSD10x
Orderly NetworkTradeDELL/USDCTrading$342.59+11.0% APR
+0.010% every 8h
-no public depth feed$3.2K$2KUSDC-
XT.comTradeDELL/USDTTrading$342.950.0% APR
0.000% every 8h
+2.9 bps$97.2K$12.3M-USDT20x
BingXTradeDELL-USDTTrading$343.04+5.5% APR
+0.00500% every 8h
+7.1 bps$1.5M15 min$1.7M-USDT-
DeepcoinTradeDELL/USDTTrading$343.05-11.0% APR
-0.010% every 8h
+2.6 bps$1.5M$28.1M⚠$203.4USDT25x
OurbitTradeDELL/USDTTrading$343.000.0% APR
0.000% every 8h
+4.7 bps$3M$4M⚠$151.2KUSDT100x
DeribitTradeDELL/USDCTrading$342.61-21.6% APR
-0.020% every 8h
+10.0 bps$574.3K$1.6M⚠$111KUSDC10x
KuCoinTradeDELL/USDTTrading$343.140.0% APR
0.000% every 8h
+15.9 bps$35.4K$1M⚠$113.2KUSDT20x
LBankTradeDELL/USDTTrading$342.980.0% APR
0.000% every 8h
+3.5 bps$2.9M$825K⚠$735.8USDT50x
BitunixTradeDELL/USDTTrading$342.96+2.3% APR
+0.00208% every 8h
+0.3 bps$572.2K$535.2K⚠$23.3KUSDT50x

Unverified volume: implausibly high against open interest, a typical sign of wash trading. These venues are listed last.

Tradability

Execution quality

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

Broad liquidity · 16 of 23 venues absorb $10k · Typical cost: +10.4 bps – +21.2 bps

Too thin: Deepcoin, Crypto.com Exchange

No fresh book data: Binance, Hyperliquid HIP-3, Helix (Injective), Extended, Orderly Network

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

Best venues for this underlying

Best liquidity

DELL

Tightest spread

DELL

Highest volume

DELL

Funding history

Stored venue snapshots by market

Company financials

Financials at a glance

Last report Q2 '27 · filed 2026-09-08 · next report 2026-11-24 · Updated 32m ago
All financials →

Valuation & key figures

Market cap
$216B
Updated 32m ago
Revenue
$151B
Trailing 12 months
Revenue growth
+71%
FY2027 consensus
Profit margin
7.5%
Net income / revenue, TTM
P/E
19.9×
Forward 13.2× (FY2027)
P/S
1.4×
Price / sales, TTM
Peer P/E
21.3×
Similar listed perps
EV / EBITDA
12.8×
TTM
Free cash flow
$8.56B
Trailing 12 months
Net income
$11.4B
Trailing 12 months
Revenue estimate
$195B
FY2027 consensus
Earnings
2026-11-24
Revenue est. $49.2B · Updated 32m ago
Dividend
$0.63
Per payment · 2026-10-20
Revenue (TTM)$151B+49.2% vs a year agoLast 4 quarters; bars = each quarter
Operating margin (TTM)9.6%+2.8 pp vs a year agoOperating income $14.4B
Net income (TTM)$11.4B+137.3% vs a year agoAfter tax, incl. non-operating gains
Free cash flow (TTM)$8.56B+76.1% vs a year agoCapex $3.59B
Diluted EPS (TTM)$17.23+153.4% vs a year agoSum of the last 4 quarters
Net cash-$22.9B-8.1% vs a year agoCash + short-term investments - debt
  • Last report (2026-09-01): revenue beat by 4.6%, EPS beat by 43.4%Revenue $47B vs $44.9B expected (+4.6%); EPS $7.04 vs $4.91 (+43.4%).
  • Revenue growth accelerating: 57.7% year on yearQ2 '27 revenue $47B, against an average of 39.4% over the four quarters before.
  • Operating margin 9.6% (TTM), +2.8 pp on a year agoOperating income grew 111.4% while revenue grew 49.2%.
  • Capex 2.4% of revenue (a year ago 2.6%)$3.59B invested in the last 4 quarters (+37.3% on a year earlier). Free cash flow $8.56B = 75.2% of net income.

Revenue, operating income and growth

quarterly

Revenue by business line

Q2 '27
LineRevenuey/yShare of listed
Other Segments$46.8B+59.8%99.7%
Corporate, Non-Segment$155M-67.2%0.3%
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 324 lines Dell Technologies Inc. reported to the SEC

Next catalyst

Catalysts

Earnings
2026-11-24
Revenue est. $49.2B · Updated 32m ago
Dividend
$0.63
2026-10-20

No unusual perp activity right now.

Reference data

Market context

Reference market

Open
New York Stock Exchange
Regular hours
09:30 AM – 04:00 PM EST
Next holiday
Nov 26, 2026 · Thanksgiving Day

Extended-hours reference

Bid339.61
Ask342.67
Volume2,743,617

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 202725.92$194.6B+71%15
FY 202831.03$235.7B+21%9
FY 202935.46$265B+12%7
FY 203045.78$298.4B+13%2
Q2 20276.88$54.9B+25%3
Q3 20277.45$56.9B+21%3
Source: FMP · Consensus

Company events

6
2026-11-24Earnings · After market closeActual - / Estimate 6.56-
2026-10-20Dividend$0.63-
2026-09-01Earnings · After market closeActual 7.04 / Estimate 4.91Beat
2026-07-21Dividend$0.63-
2026-05-28EarningsActual 4.86 / Estimate 2.96Beat
2026-04-21Dividend$0.63-

Peer comparison

Similar listed perps

Company data

Company intelligence

Updated: Nov 13, 2026, 01:17 PM UTC

Company profile

Sector
Technology
Industry
Computer Hardware
Chief executive
Michael Saul Dell
Employees
97,000
IPO date
Aug 17, 2016
Country
US
Exchange
New York Stock Exchange
Website
Altman Z-scorei2.77
Piotroski scorei8/9
Overall ratingiC+
Owner earningsi$2.10B$3.23 per share
ESG risk ratingiB+Industry rank: 1/14

Rating factors

Return on equityi
1/5
Return on assetsi
4/5
Debt to equityi
1/5
Price to earningsi
3/5
Price to booki
1/5
Market cap history
$239.40B-25.4%Aug 2026 – Nov 2026
$223.37B$297.69B$372.01BHigh: $372.01B · 2026-10-12Low: $223.37B · 2026-11-09Latest: $239.40B · 2026-11-12Aug 2026Sep 2026Oct 2026Nov 2026
Latest: $239.40B · 2026-11-12High: $372.01B · 2026-10-12Low: $223.37B · 2026-11-09
Largest fund holders
FundWeightShares held
VTI0.21%9.3M
VOO0.25%7.9M
FXAIX0.25%5.7M
VSCA.S0.15%4.4M
1655.T0.16%4.1M
1657.T0.12%4.1M
IVV0.17%4.1M
SPY0.16%3.7M
XLK0.66%2.2M
VECA.S0.04%2.2M
VGT0.65%2.1M
VUG0.23%1.7M

Analyst track record

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

12 months3 years
Ratings150414
Analysts2633
Buy / hold / sell115 / 28 / 7350 / 53 / 11
Upgrades / downgrades / initiations2 / 4 / 45 / 5 / 12
Price targets hit / missed73 / 65 (53%)325 / 65 (83%)
Avg. return after a rating (TipRanks)+45.3%+130.4%
Best / worst call+267.5% / -49.5%+600.3% / -49.5%

After buy calls on this stock: median 21-day move +4.4% vs S&P 500 +2.9% (n = 374)

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. Vijay RakeshMizuho Securities100% hit rate on this stock · 14 targets measuredBuytarget $650Oct 5, 2026
  2. Erik WoodringMorgan Stanley93% hit rate on this stock · 27 targets measuredHoldtarget $511Sep 23, 2026
  3. David VogtUBS91% hit rate on this stock · 11 targets measuredHoldtarget $500Sep 2, 2026

Latest ratings

DateAnalystCallTarget
Nov 9, 2026Wamsi MohanBank of America SecuritiesNov 9, 2026BuyMaintained–↗
Nov 2, 2026Katherine MurphyGoldman SachsNov 2, 2026BuyReiterated$590↗
Oct 25, 2026Mark NewmanBernsteinOct 25, 2026BuyMaintained$650↗
Oct 14, 2026Tim LongBarclaysOct 14, 2026HoldDowngraded$574↗
Oct 13, 2026Mark NewmanBernsteinOct 13, 2026BuyReiterated$650↗
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$100$200$300$400$500$600Dec 25 · Buy 13 · Hold 5 · Sell 1Dec 25Jan 26 · Buy 15 · Hold 4 · Sell 1Feb 26 · Buy 15 · Hold 2 · Sell 1Feb 26Mar 26 · Buy 15 · Hold 3 · Sell 1Apr 26 · Buy 13 · Hold 4 · Sell 1Apr 26May 26 · Buy 14 · Hold 5 · Sell 1Jun 26 · Buy 14 · Hold 7 · Sell 0Jun 26Jul 26 · Buy 15 · Hold 7 · Sell 0Aug 26 · Buy 16 · Hold 8 · Sell 0Aug 26Sep 26 · Buy 18 · Hold 8 · Sell 0Oct 26 · Buy 17 · Hold 8 · Sell 0Oct 26Nov 26 · Buy 17 · Hold 8 · Sell 0Dec 25 · avg. target $165Jan 26 · avg. target $164Feb 26 · avg. target $166Mar 26 · avg. target $172Apr 26 · avg. target $190May 26 · avg. target $356Jun 26 · avg. target $451Jul 26 · avg. target $475Aug 26 · avg. target $490Sep 26 · avg. target $575Oct 26 · avg. target $575Nov 26 · avg. target $575Dec 25 · month-end close $126Jan 26 · month-end close $114Feb 26 · month-end close $148Mar 26 · month-end close $164Apr 26 · month-end close $209May 26 · month-end close $421Jun 26 · month-end close $431Jul 26 · month-end close $405Aug 26 · month-end close $456Sep 26 · month-end close $538Oct 26 · month-end close $424Nov 26 · month-end close $329

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

TipRanks data · computed Nov 13, 2026 · 150 ratings

Frequently asked questions

Where can I trade DELL perpetual futures?

Dell Technologies Inc. (DELL) perpetual futures trade on 23 crypto venues, including Deepcoin, Binance, XT.com. PerpEquities compares them by live price, funding rate, open interest and liquidity.

Can I trade DELL around the clock?

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

What is the funding rate on DELL perpetuals?

Right now the DELL perp funding rate is 0.0% annualized (venue median), ranging from 0.0% to +12.5% across 23 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.

How does the DELL perp price compare to the Dell Technologies Inc. stock?

The venue-median DELL perp mark is $343 versus a reference stock price of $343, 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 DELL perpetual future?

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

What is DELLUSDT perpetual?

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

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