PerpEquitiesEquity · Technology
D-Wave Quantum Inc. (QBTS) perpetual futures
QBTS perpetual futures on 5 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade QBTSUSDT.
D-Wave Quantum Inc. develops and supplies quantum computing systems, software, and services such as Advantage, Leap cloud, and Launch onboarding, serving industries like manufacturing, logistics, and finance.
Price chart
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Trading data
Perpetual market activity
5/5 live markets
Trading data
Perpetual market activity
Spot performance
Venue matrix
5 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 | QBTS/USDT | Trading | $16.77 | 0.0% APR 0.000% every 8h | +60.2 bps | $296.1K | $100K | $365.8K | USDT | 20x | |
 Bitget | Trade | QBTS/USDT | Trading | $16.78 | 0.0% APR 0.000% every 8h | +15.5 bps | - | $81.5K | $116.6K | USDT | 20x | |
 Bitunix | Trade | QBTS/USDT | Trading | $16.79 | +5.6% APR +0.00510% every 8h | +18.5 bps | $569.2K | $68.4K | $53.6K | USDT | 20x | |
 BingX | Trade | QBTS-USDT | Trading | $16.78 | +5.5% APR +0.00500% every 8h | +54.2 bps | $414.6K | $1.2M⚠ | $1.5K | USDT | - | |
 Ourbit | Trade | QBTS/USDT | Trading | $16.78 | 0.0% APR 0.000% every 8h | +16.1 bps | $1.1M | $710.7K⚠ | $121.3K | USDT | 20x |
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 |
|---|---|---|---|---|---|
| QBTSonOndo GM | $16.77 | -0.07% | $916k | $618k | Ethereum · BNB Smart Chain (BEP20) · Solana |
| rQBTSTokenized | $16.78 | -0.01% | $1k | $52k | Arbitrum |
| QBTSRobinhood | – | – | – | $10k | Robinhood Chain |
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100k
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100kAdequate liquidity · 4 of 5 venues absorb $10k · Typical cost: +20.7 bps – +38.8 bps
Cheapest execution: Ourbit · +15.1 bps
No fresh book data: Bitget
Taker execution estimate incl. approx. fees - maker fills are not guaranteed.
Best venues for this underlying
Best liquidity
QBTSTightest spread
QBTSHighest volume
QBTSFunding history
Stored venue snapshots by market
Funding history
Stored venue snapshots by marketCompany data
Company fundamentals
Updated 6h ago
Company data
Company fundamentals
More metrics
Fundamental detail
Annual + quarterlyRefreshed 6h 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 perpsRevenue mix
PendingAnalysts
PendingOwnership
QBTS-PERPFilings
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, 06:16 AM UTC
FMP company data
Company intelligence
Company profile
- Sector
- Technology
- Industry
- Computer Hardware
- Chief executive
- Alan E. Baratz
- Employees
- 385
- IPO date
- Dec 11, 2020
- Country
- US
- Exchange
- NASDAQ Global Market
Rating factors
- Return on equityi
- 1
- Return on assetsi
- 1
- Debt to equityi
- 4
- Price to earningsi
- 1
- Price to booki
- 1
Company press releases
Market cap history
Largest fund holders
| Fund | Weight | Shares held |
|---|---|---|
| VTI | 0.01% | 11.1M |
| IWM | 0.2% | 9.7M |
| NJM | 0.3% | 8.6M |
| VB | 0.07% | 8M |
| FSSNX | 0.28% | 5.9M |
| VGT | 0.05% | 5.4M |
| VBK | 0.17% | 4.6M |
| VXF | 0.08% | 4.3M |
| IWO | 0.4% | 3.5M |
| NLO | 0.57% | 3M |
| QTUM | 0.86% | 2.8M |
| QNTG.L | 4.78% | 2.6M |
Analyst track record
How the analysts covering QBTS have done: ratings, price-target accuracy and the measured reaction after their calls.
| 12 months | 3 years | |
|---|---|---|
| Ratings | 94 | 174 |
| Analysts | 21 | 21 |
| Buy / hold / sell | 91 / 3 / 0 | 171 / 3 / 0 |
| Upgrades / downgrades / initiations | 0 / 0 / 9 | 0 / 0 / 14 |
| Price targets hit / missed | 0 / 83 (0%) | 46 / 105 (30%) |
| Avg. return after a rating (TipRanks) | -55.5% | +58.4% |
| Best / worst call | -24.7% / -66.9% | +1,004.0% / -66.9% |
After buy calls on this stock: median 21-day move -7.4% vs S&P 500 -8.3% (n = 172)
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.
- David WilliamsBenchmark Co.100% hit rate on this stock · 14 targets measuredBuytarget $35.00Feb 26, 2026
- Craig EllisB. Riley Securities100% hit rate on this stock · 13 targets measuredBuytarget $40.00Sep 21, 2026
- Sujeeva De SilvaRoth MKM100% hit rate on this stock · 12 targets measuredBuytarget $30.00May 13, 2026
Latest ratings
| Date | Analyst | Call | Target | |
|---|---|---|---|---|
| Sep 21, 2026 | Craig EllisB. Riley Securities | BuyReiterated | $40.00 | article ↗ |
| Sep 21, 2026 | Craig EllisB. Riley Securities | BuyReiterated | $40.00 | |
| Aug 20, 2026 | Unknown AnalystBMO Capital | BuyInitiated | $35.00 | article ↗ |
| Aug 20, 2026 | Harsh KumarBMO Capital | BuyInitiated | $35.00 | article ↗ |
| Aug 11, 2026 | Vijay RakeshMizuho Securities | BuyMaintained | $29.00 | 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 Oct 2, 2026 · 94 ratings
Frequently asked questions
Where can I trade QBTS perpetual futures?
D-Wave Quantum Inc. (QBTS) perpetual futures trade on 5 crypto venues, including BingX, Ourbit, MEXC. PerpEquities compares them by live price, funding rate, open interest and liquidity.
Can I trade QBTS around the clock?
Yes. Unlike the underlying stock, QBTS perpetuals trade 24/7 — including weekends and outside regular market hours.
What is the funding rate on QBTS perpetuals?
Right now the QBTS perp funding rate is 0.0% annualized (venue median), ranging from 0.0% to +5.6% across 5 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.
How does the QBTS perp price compare to the D-Wave Quantum Inc. stock?
The venue-median QBTS perp mark is $16.8 versus a reference stock price of $16.8, 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 QBTS perpetual future?
A QBTS perpetual is a derivative that tracks the price of D-Wave Quantum Inc. with no expiry date. It lets you take long or short exposure to D-Wave Quantum Inc. on crypto venues, around the clock.
What is QBTSUSDT perpetual?
QBTSUSDT is the symbol most crypto exchanges use for the D-Wave Quantum Inc. perpetual settled in USDT (Tether). It tracks the QBTS share price through an index, trades 24/7 with leverage and never expires.
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