PerpEquities

Equity · Consumer cyclical

Forward Industries, Inc. (FWDI) perpetual futures

FWDI perpetual futures on 11 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade FWDIUSDT.

Forward Industries operates Digital Assets (holding/staking Solana) and Design segments providing hardware/software design services to medical and tech sectors.

$7.46-6.8%NASDAQ closed
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Price chart

 

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Collecting venue price data...
venue perp mark · Binance (FWDI/USDT)
Auto: highest-volume live perp venueOpen in TradingView

Trading data

Perpetual market activity

11/11 live markets
Venues
11
Live markets
11/11
24h volume
$4.5MCoverage: 8/11 marketsExchange-reported volume: $6.9M
Open interest
$10.8MCoverage: 10/11 markets
Best liquidity
$78.3K
Bitunix
Tightest spread
+1.3 bps
BingX
Highest volume
$1.7M
Binance
Settlement mix
USDT · 11/11
Perp/spot vol.
0.33x
Spot volume $13.7M
OI / float
+2.31%
Float $466.8M
Spot performance
1D-7.19%
5D-11.12%
1M+10.13%
6M+76.93%
YTD+14.30%
1Y-68.05%

Venue matrix

11 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
BinanceTradeFWDI/USDTTrading$7.46-174.0% APR
-0.159% every 8h
+2.7 bps$41K$1.7M$668.6KUSDT-
XT.comTradeFWDI/USDTTrading$7.46-174.6% APR
-0.159% every 8h
+13.4 bps$28.5K$1.4M$7.4MUSDT10x
BybitTradeFWDI/USDTTrading$7.48-251.5% APR
-0.230% every 8h
+17.4 bps$9.9K$469.3K$342.4KUSDT25x
BitgetTradeFWDI/USDTTrading$7.46-126.3% APR
-0.115% every 8h
+5.4 bps-$293.1K$227.4KUSDT5x
OKXTradeFWDI/USDTTrading$7.45-54.3% APR
-0.050% every 8h
+21.5 bps$7.9K$248.7K$166.9KUSDT10x
MEXCTradeFWDI/USDTTrading$7.47+13.7% APR
+0.013% every 8h
+69.5 bps$785.7$158.7K$1.7MUSDT20x
BitunixTradeFWDI/USDTTrading$7.46-62.3% APR
-0.057% every 8h
+21.5 bps$78.3K$133K$23.6KUSDT20x
HTXTradeFWDI/USDTTrading$7.460.0% APR
0.000% every 8h
+383.5 bps$0$74.2K$5.4KUSDT-
DeepcoinTradeFWDI/USDTTrading$7.45-101.4% APR
-0.093% every 8h
+2.7 bps$25.8K--USDT25x
BingXTradeFWDI-USDTTrading$7.46-287.4% APR
-0.263% every 8h
+1.3 bps$51.1K$1.3M⚠$7.1KUSDT-
LBankTradeFWDI/USDTTrading$7.46-174.0% APR
-0.159% every 8h
+2.7 bps$66.8K$1.2M⚠$170.5KUSDT20x

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

Adequate liquidity · 7 of 11 venues absorb $10k · Typical cost: +24.3 bps – +36.2 bps

Too thin: OKX, MEXC

No fresh book data: Bitget, HTX

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

Best venues for this underlying

Best liquidity

FWDI

Tightest spread

FWDI

Highest volume

FWDI

Funding history

Stored venue snapshots by market

Company data

Company fundamentals

Updated 6h ago
Market cap
$546.1M
Updated 6h ago
Revenue
$53.1M
Trailing 12 months
Revenue growth
+268%
Next fiscal year
Profit margin
-2,073.8%
P/E
-0.6
Peer P/E 4.4
Free cash flow
-$18.4M
Trailing 12 months
More metrics
Net income
-$1.1B
Trailing 12 months
P/S
10.3
Peer P/E
4.4
Similar listed perps
Revenue estimate
$67M
Next fiscal year
Earnings
2026-12-10
Revenue est. $12.5M · Updated 6h ago
Dividend
-

Fundamental detail

Annual + quarterly
Latest revenue$18.2M
Net margin-918.1%
Free cash flow-$4.5M
Net debt-$35.6M
2020$34.5M
2021$39M
2022$38.2M
2023$36.7M
2024$30.2M
2025$18.2M
PeriodRevenueGrowthNet incomeFCF
2020$34.5M-8%-$1.8M-$331.4K
2021$39M+13%$523.8K-$595.5K
2022$38.2M-2%-$1.4M$1.4M
2023$36.7M-4%-$3.7M$904.9K
2024$30.2M-18%-$2M$454.6K
2025$18.2M-40%-$167M-$4.5M
PeriodGross marginOperating marginNet marginROEROA
2020+19.3%-2.8%-5.1%-27.0%-9.2%
2021+20.8%-2.0%+1.3%+7.0%+2.6%
2022+23.0%+1.5%-3.6%-22.0%-6.6%
2023+22.8%+0.4%-10.2%-142.8%-21.5%
2024+20.6%-6.4%-6.5%-65.7%-13.2%
2025+28.5%-35.0%-918.1%-11.4%-11.3%
PeriodCashDebtNet debtCurrent ratio
2020$2.9M$7.8M$4.8M1.38
2021$1.4M$5.5M$4.1M1.78
2022$2.6M$5M$2.5M1.44
2023$3.2M$4.3M$1.2M1.05
2024$3M$3.4M$411.3K1.03
2025$38.2M$2.5M-$35.6M15.14
PeriodMarket capEnterprise valueP/SP/E
2020$133.2M$138M3.9-73.2
2021$237.8M$241.9M6.1454.4
2022$133.8M$136.3M3.5-95.0
2023$76.5M$77.6M2.1-20.5
2024$41.1M$41.5M1.4-21.1
2025$1.7B$1.7B95.5-10.4
Q4 2024$7.3M
Q1 2025$4.6M
Q2 2025$3.1M
Q3 2025$2.5M
Q4 2025$7.9M
Q1 2026$21.4M
Q2 2026$13M
Q3 2026$10.8M
PeriodRevenueGrowthNet incomeFCF
Q4 2024$7.3M+44%-$643.6K$463.7K
Q1 2025$4.6M-35%-$708.1K-$415.6K
Q2 2025$3.1M-38%-$1.5M-$539K
Q3 2025$2.5M-68%-$850K-$1.2M
Q4 2025$7.9M+8%-$164M-$2.3M
Q1 2026$21.4M+364%-$585.7M-$7.9M
Q2 2026$13M+315%-$283.1M-$4.8M
Q3 2026$10.8M+332%-$69M-$3.4M
PeriodGross marginOperating marginNet marginROEROA
Q4 2024+18.5%-8.6%-8.8%-21.7%-4.4%
Q1 2025+24.5%-14.6%-15.3%-31.1%-5.2%
Q2 2025-5.7%-58.3%-46.5%-40.6%-11.8%
Q3 2025-24.9%-102.6%-34.1%-25.4%-10.2%
Q4 2025+61.1%-16.5%-2,063.6%-11.2%-11.1%
Q1 2026+78.6%+44.9%-2,732.2%-66.5%-65.6%
Q2 2026+70.0%+18.8%-2,184.1%-51.3%-46.5%
Q3 2026+62.2%-651.8%-639.7%-14.5%-11.4%
PeriodCashDebtNet debtCurrent ratio
Q4 2024$3M$3.4M$411.3K1.03
Q1 2025$2.6M$3.5M$873.8K0.98
Q2 2025$1.8M$3.4M$1.6M1.19
Q3 2025$1.3M$3.3M$2M1.51
Q4 2025$38.2M$2.5M-$35.6M15.14
Q1 2026$25.4M$5.9M-$19.5M6.24
Q2 2026$16.6M$53M$36.4M0.40
Q3 2026$11M$118.5M$107.5M0.17
PeriodMarket capEnterprise valueP/SP/E
Q4 2024$41.1M$41.5M5.6-16.1
Q1 2025$54.5M$55.4M11.8-19.3
Q2 2025$45.7M$47.3M14.6-7.9
Q3 2025$65M$67M26.1-19.0
Q4 2025$1.7B$1.7B218.6-2.9
Q1 2026$655M$635.6M30.6-0.3
Q2 2026$420.5M$456.9M32.4-0.4
Q3 2026$365.8M$473.4M33.9-1.3

Refreshed 6h ago

Charts: revenue, profit, cash flow & valuation
Revenue$10.8MQ3 2026
$5.4M$10.7M$16.1M$21.4MQ4 2023: $5.1MQ1 2024: $7.2MQ2 2024: $5.1MQ3 2024: $7.9MQ4 2024: $7.3MQ1 2025: $4.6MQ2 2025: $3.1MQ3 2025: $2.5MQ4 2025: $7.9MQ1 2026: $21.4MQ2 2026: $13MQ3 2026: $10.8MQ4 2023Q3 2026
Net income-$69MQ3 2026
-$439.2M-$292.8M-$146.4MQ4 2023: -$1.9MQ1 2024: -$354.2KQ2 2024: -$553.2KQ3 2024: -$399.6KQ4 2024: -$643.6KQ1 2025: -$708.1KQ2 2025: -$1.5MQ3 2025: -$850KQ4 2025: -$164MQ1 2026: -$585.7MQ2 2026: -$283.1MQ3 2026: -$69MQ4 2023Q3 2026
EBITDA-$70.7MQ3 2026
-$210.5M-$137.1M-$63.7M$9.6MQ4 2023: $2.1MQ1 2024: -$280.8KQ2 2024: -$525.6KQ3 2024: -$279.5KQ4 2024: -$524.7KQ1 2025: -$802.1KQ2 2025: -$1.7MQ3 2025: -$2.3MQ4 2025: -$163.8MQ1 2026: $9.6MQ2 2026: -$283.9MQ3 2026: -$70.7MQ4 2023Q3 2026
Free cash flow-$3.4MQ3 2026
-$5.8M-$3.7M-$1.6M$463.7KQ4 2023: $459.3KQ1 2024: $96.3KQ2 2024: -$664.9KQ3 2024: $426.8KQ4 2024: $463.7KQ1 2025: -$415.6KQ2 2025: -$539KQ3 2025: -$1.2MQ4 2025: -$2.3MQ1 2026: -$7.9MQ2 2026: -$4.8MQ3 2026: -$3.4MQ4 2023Q3 2026
EPS-$0.8Q3 2026
-$4.43-$2.96-$1.48Q4 2023: -$0.19Q1 2024: -$0.04Q2 2024: -$0.06Q3 2024: -$0.04Q4 2024: -$0.06Q1 2025: -$0.06Q2 2025: -$0.13Q3 2025: -$0.08Q4 2025: -$2.19Q1 2026: -$5.91Q2 2026: -$2.98Q3 2026: -$0.8Q4 2023Q3 2026
Cash / Debt$11MQ3 2026
$29.6M$59.3M$88.9M$118.5MQ4 2023 · Cash: $3.2MQ4 2023 · Debt: $4.3MQ1 2024 · Cash: $3MQ1 2024 · Debt: $4MQ2 2024 · Cash: $2.3MQ2 2024 · Debt: $3.8MQ3 2024 · Cash: $2.6MQ3 2024 · Debt: $3.5MQ4 2024 · Cash: $3MQ4 2024 · Debt: $3.4MQ1 2025 · Cash: $2.6MQ1 2025 · Debt: $3.5MQ2 2025 · Cash: $1.8MQ2 2025 · Debt: $3.4MQ3 2025 · Cash: $1.3MQ3 2025 · Debt: $3.3MQ4 2025 · Cash: $38.2MQ4 2025 · Debt: $2.5MQ1 2026 · Cash: $25.4MQ1 2026 · Debt: $5.9MQ2 2026 · Cash: $16.6MQ2 2026 · Debt: $53MQ3 2026 · Cash: $11MQ3 2026 · Debt: $118.5MQ4 2023Q3 2026
CashDebt
Profitability+62.2%Q3 2026
-2,029.5%-1,326.8%-624.1%+78.6%Q4 2023 · Gross margin: +61.1%Q1 2024 · Gross margin: +23.0%Q2 2024 · Gross margin: +26.2%Q3 2024 · Gross margin: +20.4%Q4 2024 · Gross margin: +18.5%Q1 2025 · Gross margin: +24.5%Q2 2025 · Gross margin: -5.7%Q3 2025 · Gross margin: -24.9%Q4 2025 · Gross margin: +61.1%Q1 2026 · Gross margin: +78.6%Q2 2026 · Gross margin: +70.0%Q3 2026 · Gross margin: +62.2%Q4 2023 · Operating margin: +39.1%Q1 2024 · Operating margin: -5.3%Q2 2024 · Operating margin: -12.2%Q3 2024 · Operating margin: -4.8%Q4 2024 · Operating margin: -8.6%Q1 2025 · Operating margin: -14.6%Q2 2025 · Operating margin: -58.3%Q3 2025 · Operating margin: -102.6%Q4 2025 · Operating margin: -16.5%Q1 2026 · Operating margin: +44.9%Q2 2026 · Operating margin: +18.8%Q3 2026 · Operating margin: -651.8%Q4 2023 · Net margin: -37.3%Q1 2024 · Net margin: -5.0%Q2 2024 · Net margin: -10.9%Q3 2024 · Net margin: -5.1%Q4 2024 · Net margin: -8.8%Q1 2025 · Net margin: -15.3%Q2 2025 · Net margin: -46.5%Q3 2025 · Net margin: -34.1%Q4 2025 · Net margin: -2,063.6%Q1 2026 · Net margin: -2,732.2%Q2 2026 · Net margin: -2,184.1%Q3 2026 · Net margin: -639.7%Q4 2023Q3 2026
Gross marginOperating marginNet margin
Revenue growth+332.1%Q3 2026
+39.6%+147.6%+255.5%+363.5%Q3 2024: -22.1%Q4 2024: +43.8%Q1 2025: -35.3%Q2 2025: -38.4%Q3 2025: -68.4%Q4 2025: +8.4%Q1 2026: +363.5%Q2 2026: +315.0%Q3 2026: +332.1%Q4 2023Q3 2026
Shares outstanding86.7MQ3 2026
24.8M49.5M74.3M99.1MQ4 2023: 10.1MQ1 2024: 10.1MQ2 2024: 10.1MQ3 2024: 11MQ4 2024: 11MQ1 2025: 11MQ2 2025: 11MQ3 2025: 11.1MQ4 2025: 67.9MQ1 2026: 99.1MQ2 2026: 94.9MQ3 2026: 86.7MQ4 2023Q3 2026
Valuation-1.3Q3 2026
15.883.4151.0218.6Q4 2023 · P/E: -10.0Q1 2024 · P/E: -51.8Q2 2024 · P/E: -25.7Q3 2024 · P/E: -32.9Q4 2024 · P/E: -16.1Q1 2025 · P/E: -19.3Q2 2025 · P/E: -7.9Q3 2025 · P/E: -19.0Q4 2025 · P/E: -2.9Q1 2026 · P/E: -0.3Q2 2026 · P/E: -0.4Q3 2026 · P/E: -1.3Q4 2023 · P/S: 15.0Q1 2024 · P/S: 10.3Q2 2024 · P/S: 11.2Q3 2024 · P/S: 6.6Q4 2024 · P/S: 5.6Q1 2025 · P/S: 11.8Q2 2025 · P/S: 14.6Q3 2025 · P/S: 26.1Q4 2025 · P/S: 218.6Q1 2026 · P/S: 30.6Q2 2026 · P/S: 32.4Q3 2026 · P/S: 33.9Q4 2023Q3 2026
P/EP/S
Revenue$18.2M2025
$9.8M$19.5M$29.3M$39M2018: $34.5M2019: $37.4M2020: $34.5M2021: $39M2022: $38.2M2023: $36.7M2024: $30.2M2025: $18.2M20182025
Net income-$167M2025
-$124.9M-$82.8M-$40.7M$1.4M2018: $1.4M2019: -$3.6M2020: -$1.8M2021: $523.8K2022: -$1.4M2023: -$3.7M2024: -$2M2025: -$167M20182025
EBITDA-$168.7M2025
-$126.3M-$83.8M-$41.4M$1M2018: $784.8K2019: -$3.1M2020: -$1.3M2021: $1M2022: $885.1K2023: $598.8K2024: -$1.5M2025: -$168.7M20182025
Free cash flow-$4.5M2025
-$3.1M-$1.6M-$108.1K$1.4M2018: $900.6K2019: -$2M2020: -$331.4K2021: -$595.5K2022: $1.4M2023: $904.9K2024: $454.6K2025: -$4.5M20182025
EPS-$2.462025
-$1.81-$1.15-$0.5$0.152018: $0.152019: -$0.382020: -$0.192021: $0.052022: -$0.142023: -$0.372024: -$0.182025: -$2.4620182025
Cash / Debt$38.2M2025
$9.5M$19.1M$28.6M$38.2M2018 · Cash: $4.4M2018 · Debt: $2.3M2019 · Cash: $3.1M2019 · Debt: $3M2020 · Cash: $2.9M2020 · Debt: $7.8M2021 · Cash: $1.4M2021 · Debt: $5.5M2022 · Cash: $2.6M2022 · Debt: $5M2023 · Cash: $3.2M2023 · Debt: $4.3M2024 · Cash: $3M2024 · Debt: $3.4M2025 · Cash: $38.2M2025 · Debt: $2.5M20182025
CashDebt
Profitability+28.5%2025
-681.4%-444.8%-208.1%+28.5%2018 · Gross margin: +19.0%2019 · Gross margin: +17.6%2020 · Gross margin: +19.3%2021 · Gross margin: +20.8%2022 · Gross margin: +23.0%2023 · Gross margin: +22.8%2024 · Gross margin: +20.6%2025 · Gross margin: +28.5%2018 · Operating margin: +0.8%2019 · Operating margin: -8.3%2020 · Operating margin: -2.8%2021 · Operating margin: -2.0%2022 · Operating margin: +1.5%2023 · Operating margin: +0.4%2024 · Operating margin: -6.4%2025 · Operating margin: -35.0%2018 · Net margin: +4.0%2019 · Net margin: -9.6%2020 · Net margin: -5.1%2021 · Net margin: +1.3%2022 · Net margin: -3.6%2023 · Net margin: -10.2%2024 · Net margin: -6.5%2025 · Net margin: -918.1%20182025
Gross marginOperating marginNet margin
Revenue growth-39.8%2025
-26.5%-13.3%-0.1%+13.2%2019: +8.4%2020: -7.8%2021: +13.2%2022: -2.1%2023: -4.0%2024: -17.7%2025: -39.8%20182025
Shares outstanding67.9M2025
17M34M50.9M67.9M2018: 9.4M2019: 9.5M2020: 9.6M2021: 10.4M2022: 10.1M2023: 10.1M2024: 11M2025: 67.9M20182025
Valuation-10.42025
42.3179.7317.0454.42018 · P/E: 103.32019 · P/E: -25.52020 · P/E: -73.22021 · P/E: 454.42022 · P/E: -95.02023 · P/E: -20.52024 · P/E: -21.12025 · P/E: -10.42018 · P/S: 4.22019 · P/S: 2.52020 · P/S: 3.92021 · P/S: 6.12022 · P/S: 3.52023 · P/S: 2.12024 · P/S: 1.42025 · P/S: 95.520182025
P/EP/S

Next catalyst

Catalysts

Earnings
2026-12-10
Revenue est. $12.5M · Updated 6h ago

No unusual perp activity right now.

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 2026-9.96$57.6M+217%1
FY 20270.21$67M+268%1
FY 20280.37$97.7M+437%1
Q3 20260.03$11.7M+9%1
Q4 20260.06$14.8M+87%2
Q4 20260.06$12.7M+60%1

Company events

6
2026-12-10EarningsActual - / Estimate 0.02-
2026-08-13EarningsActual -0.8 / Estimate 0.03Miss
2026-08-12Earnings · After market closeActual -0.8 / Estimate 0.03Miss
2026-05-14EarningsActual -2.98 / Estimate -0.03Miss
2026-02-12EarningsActual -5.91 / Estimate -Miss
2025-12-26EarningsActual -24.15 / Estimate -Miss

Peer comparison

Similar listed perps

FMP company data

Company intelligence

Updated: Sep 5, 2026, 09:26 PM UTC

Company profile

Sector
Financial Services
Industry
Asset Management - Cryptocurrency
Chief executive
Michael D. Pruitt
Employees
60
IPO date
Nov 17, 1994
Country
US
Exchange
NASDAQ Capital Market
Website
Altman Z-scorei-3.22
Piotroski scorei2/9
FMP ratingiC+
Owner earningsi-$2.64M-$0.03 per share
ESG risk ratingiBIndustry rank: 4 out of 17

Rating factors

Return on equityi
1
Return on assetsi
1
Debt to equityi
3
Price to earningsi
1
Price to booki
4
Market cap history
$547.04M+56.2%Jun 26 – Sep 26
$350.27M$448.66M$547.04MLow: $350.27M · 2026-06-05Latest: $547.04M · 2026-09-04Jun 26Jul 26Aug 26Sep 26
Latest: $547.04M · 2026-09-04High: $547.04M · 2026-09-04Low: $350.27M · 2026-06-05
Largest fund holders
FundWeightShares held
VTI0%2M
IWM0.01%1.5M
VXF0%695.1K
IWN0.03%606.5K
FSSNX0.01%449K
VTWO0.01%348.5K
FDIG0.83%345.8K
IWC0.09%210.1K
FSMAX0%187.2K
R2SC.L0.01%89.4K
FSKAX0%86.9K
XRSG.L0.01%58.6K

Analyst track record

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

12 months3 years
Ratings99
Analysts33
Buy / hold / sell9 / 0 / 09 / 0 / 0
Upgrades / downgrades / initiations0 / 0 / 20 / 0 / 2
Price targets hit / missed2 / 7 (22%)2 / 7 (22%)
Avg. return after a rating (TipRanks)-8.5%-8.5%
Best / worst call+11.9% / -51.1%+11.9% / -51.1%

After buy calls on this stock: not enough measured cases yet

Latest ratings

DateAnalystCallTarget
Sep 22, 2026Fedor ShabalinB. Riley SecuritiesBuyMaintained$11.00
Sep 10, 2026Gareth Gacetta‏Cantor FitzgeraldBuyMaintained$16.00
Sep 3, 2026Fedor ShabalinB. Riley SecuritiesBuyMaintained$9.00
Aug 16, 2026Gareth Gacetta‏Cantor FitzgeraldBuyReiterated$8.00
Aug 13, 2026Fedor ShabalinB. Riley SecuritiesBuyMaintained$7.00
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$4.00$6.00$8.00$10.00$12.00Nov 25 · Buy 0 · Hold 0 · Sell 0Nov 25Dec 25 · Buy 0 · Hold 0 · Sell 0Jan 26 · Buy 0 · Hold 0 · Sell 0Jan 26Feb 26 · Buy 0 · Hold 0 · Sell 0Mar 26 · Buy 0 · Hold 0 · Sell 0Mar 26Apr 26 · Buy 1 · Hold 0 · Sell 0May 26 · Buy 1 · Hold 0 · Sell 0May 26Jun 26 · Buy 2 · Hold 0 · Sell 0Jul 26 · Buy 2 · Hold 0 · Sell 0Jul 26Aug 26 · Buy 3 · Hold 0 · Sell 0Sep 26 · Buy 3 · Hold 0 · Sell 0Sep 26Oct 26 · Buy 3 · Hold 0 · Sell 0Apr 26 · avg. target $7.00May 26 · avg. target $8.00Jun 26 · avg. target $7.95Jul 26 · avg. target $7.95Aug 26 · avg. target $7.63Sep 26 · avg. target $11.63Oct 26 · avg. target $11.63Nov 25 · month-end close $8.90Dec 25 · month-end close $6.61Jan 26 · month-end close $6.49Feb 26 · month-end close $4.24Mar 26 · month-end close $4.43Apr 26 · month-end close $4.61May 26 · month-end close $4.70Jun 26 · month-end close $4.22Jul 26 · month-end close $4.03Aug 26 · month-end close $6.34Sep 26 · month-end close $7.80Oct 26 · month-end close $8.16

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

TipRanks data via FMP · computed Oct 2, 2026 · 9 ratings

Frequently asked questions

Where can I trade FWDI perpetual futures?

Forward Industries, Inc. (FWDI) perpetual futures trade on 11 crypto venues, including Binance, XT.com, BingX. PerpEquities compares them by live price, funding rate, open interest and liquidity.

Can I trade FWDI around the clock?

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

What is the funding rate on FWDI perpetuals?

Right now the FWDI perp funding rate is -174.6% annualized (venue median), ranging from -174.6% to -174.6% across 11 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.

How does the FWDI perp price compare to the Forward Industries, Inc. stock?

The venue-median FWDI perp mark is $7.46 versus a reference stock price of $7.46, 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 FWDI perpetual future?

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

What is FWDIUSDT perpetual?

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

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