PerpEquitiesEquity · Utilities
Fermi Inc. Common Stock (FRMI) perpetual futures
FRMI perpetual futures on 2 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade FRMIUSDT.
Fermi Inc. plans to build an integrated campus combining energy production with data center facilities to support AI infrastructure.
Price chart
Use the left and right arrow keys to inspect points on the chart.
Trading data
Perpetual market activity
2/2 live markets
Trading data
Perpetual market activity
Spot performance
Venue matrix
2 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 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 MEXC | Trade | FRMI/USDT | Trading | $4.60 | +21.9% APR +0.020% every 8h | +65.0 bps | $1.7K | $81K | $187.3K | USDT | 20x | |
 BingX | Trade | FRMI-USDT | Trading | $4.62 | +21.9% APR +0.020% every 8h | +129.9 bps | $2.2K | $1.2M⚠ | $4.5K | USDT | - |
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
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100kNo sufficient depth · 0 of 2 venues absorb $10k
Too thin: MEXC
No fresh book data: BingX
Taker execution estimate incl. approx. fees - maker fills are not guaranteed.
Best venues for this underlying
Best liquidity
FRMITightest spread
FRMIHighest volume
FRMIFunding 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 + quarterlyRefreshed 5h 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 perpsAnalysts
PendingOwnership
FRMI-PERPFilings
PendingTranscripts
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, 07:19 AM UTC
FMP company data
Company intelligence
Company profile
- Sector
- Real Estate
- Industry
- REIT - Specialty
- Chief executive
- Lee McIntire
- Employees
- 35
- IPO date
- Oct 1, 2025
- Country
- US
- Exchange
- NASDAQ Global Select
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 |
|---|---|---|
| XMUS.L | 0.17% | 3.2M |
| XMUD.L | 0.17% | 3.2M |
| VTI | 0% | 3M |
| VB | 0.01% | 2.2M |
| FSMDX | 0.01% | 934.2K |
| IWR | 0.01% | 835.2K |
| VBR | 0.01% | 698.6K |
| SRVR | 0.96% | 667.7K |
| SZNE | 1.08% | 667.7K |
| VBK | 0.01% | 627.8K |
| FNCMX | 0.01% | 461.9K |
| IWD | 0% | 455.6K |
Analyst track record
How the analysts covering FRMI have done: ratings, price-target accuracy and the measured reaction after their calls.
| 12 months | 3 years | |
|---|---|---|
| Ratings | 36 | 36 |
| Analysts | 12 | 12 |
| Buy / hold / sell | 31 / 5 / 0 | 31 / 5 / 0 |
| Upgrades / downgrades / initiations | 0 / 2 / 11 | 0 / 2 / 11 |
| Price targets hit / missed | 0 / 34 (0%) | 0 / 34 (0%) |
| Avg. return after a rating (TipRanks) | -70.4% | -70.4% |
| Best / worst call | -24.2% / -87.7% | -24.2% / -87.7% |
After buy calls on this stock: median 21-day move -10.7% vs S&P 500 -14.1% (n = 31)
Latest ratings
| Date | Analyst | Call | Target | |
|---|---|---|---|---|
| Aug 14, 2026 | John HodulikUBS | HoldReiterated | $6.00 | article ↗ |
| Aug 12, 2026 | Nicholas AmicucciEvercore ISI | HoldMaintained | $11.00 | article ↗ |
| Aug 11, 2026 | Stephen GengaroStifel Nicolaus | BuyMaintained | $17.00 | article ↗ |
| Aug 10, 2026 | Brett KnoblauchCantor Fitzgerald | BuyMaintained | $8.00 | article ↗ |
| Jul 28, 2026 | Vikram MalhotraMizuho Securities | BuyMaintained | $11.00 | 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 25, 2026 · 36 ratings
Frequently asked questions
Where can I trade FRMI perpetual futures?
Fermi Inc. Common Stock (FRMI) perpetual futures trade on 2 crypto venues, including BingX, MEXC. PerpEquities compares them by live price, funding rate, open interest and liquidity.
Can I trade FRMI around the clock?
Yes. Unlike the underlying stock, FRMI perpetuals trade 24/7 — including weekends and outside regular market hours.
What is the funding rate on FRMI perpetuals?
Right now the FRMI perp funding rate is +21.9% annualized (venue median), ranging from +21.9% to +21.9% across 2 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.
How does the FRMI perp price compare to the Fermi Inc. Common Stock stock?
The venue-median FRMI perp mark is $4.61 versus a reference stock price of $4.62, a basis of -0.2%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.
What is a FRMI perpetual future?
A FRMI perpetual is a derivative that tracks the price of Fermi Inc. Common Stock with no expiry date. It lets you take long or short exposure to Fermi Inc. Common Stock on crypto venues, around the clock.
What is FRMIUSDT perpetual?
FRMIUSDT is the symbol most crypto exchanges use for the Fermi Inc. Common Stock perpetual settled in USDT (Tether). It tracks the FRMI share price through an index, trades 24/7 with leverage and never expires.
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