PerpEquitiesEquity · Technology
Shopify Inc. (SHOP) perpetual futures
SHOP perpetual futures on 14 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade SHOPUSDT.
Shopify Inc. is a commerce technology company providing a platform for merchants to sell across online, physical, and social channels, with services including payments, shipping, and financing.
Price chart
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Trading data
Perpetual market activity
14/14 live markets
Trading data
Perpetual market activity
Spot performance
Venue matrix
14 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 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 BingX | Trade | SHOP-USDT | Trading | $128.42 | +5.5% APR +0.00500% every 8h | +16.4 bps | $22.4K | $1.2M⚠ | $1.2K | USDT | - | |
 Deepcoin | Trade | SHOP/USDT | Trading | $128.31 | -3.7% APR -0.00340% every 8h | +6.2 bps | $13.5K | $725.3K | - | USDT | 25x | |
 HTX | Trade | SHOP/USDT | Trading | $128.64 | - | +70.1 bps | $199K | $327.4K | - | USDT | - | |
 Ourbit | Trade | /USDT | Trading | $128.43 | 0.0% APR 0.000% every 8h | +107.5 bps | $18.7K | $184.1K | $93K | USDT | 50x | |
 Binance | Trade | SHOP/USDT | Trading | $128.42 | 0.0% APR 0.000% every 8h | +6.2 bps | $23.8K | $167.6K | $436.7K | USDT | - | |
 XT.com | Trade | SHOP/USDT | Trading | $128.42 | +11.0% APR +0.010% every 8h | +6.2 bps | $56.1K | $123.4K | $4.6M | USDT | 20x | |
 LBank | Trade | SHOP/USDT | Trading | $128.42 | 0.0% APR 0.000% every 8h | +3.9 bps | $499.6K | $119.7K | - | USDT | 20x | |
 Bitunix | Trade | SHOP/USDT | Trading | $128.43 | +4.3% APR +0.00395% every 8h | +3.9 bps | $23.2K | $72.6K | - | USDT | 20x | |
 Bitget | Trade | SHOP/USDT | Trading | $128.37 | 0.0% APR 0.000% every 8h | +10.1 bps | $688.1K | $41.1K | $235.4K | USDT | 20x | |
 Bybit | Trade | SHOP/USDT | Trading | $128.51 | 0.0% APR 0.000% every 8h | +17.1 bps | $2.4K | $27.8K | $785.8K | USDT | 25x | |
 OKX | Trade | SHOP/USDT | Trading | $128.43 | 0.0% APR 0.000% every 8h | +14.8 bps | $11.5K | $23.2K | $146.3K | USDT | 20x | |
 Gate.io | Trade | SHOP/USDT | Trading | $128.41 | 0.0% APR 0.000% every 8h | +10.9 bps | - | $6.7K | $272.5K | USDT | 20x | |
 Crypto.com Exchange | Trade | SHOP/USD | Trading | $128.38 | +152.8% APR +0.017% every 1h | +17.1 bps | $2.9K | $981.7 | $580.3 | USD | 50x | |
 Extended | Trade | SHOP/USD | Trading | $128.43 | +12.3% APR +0.00140% every 1h | +604.1 bps | $0 | $282.8 | $244.7K | USD | 10x |
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 |
|---|---|---|---|---|---|
| SHOPonOndo GM | $128.49 | +0.09% | $1.7M | $665k | Ethereum · BNB Smart Chain (BEP20) · Solana |
| SHOPRobinhood | $126.99 | -1.08% | $15k | $256k | Robinhood Chain |
| Exchange | Pair | Price | 24h Vol. | Liquidity |
|---|---|---|---|---|
 uniswapDEX · robinhood | SHOP/USDG ↗ | $126.99 | $15k | $46k |
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 · 6 of 14 venues absorb $10k · Typical cost: +34.2 bps – +54.6 bps
Cheapest execution: Bitget · +13.5 bps
Too thin: Binance, Deepcoin, OKX, Crypto.com Exchange, Bybit
No fresh book data: Ourbit, Gate.io, Extended
Taker execution estimate incl. approx. fees - maker fills are not guaranteed.
Best venues for this underlying
Best liquidity
SHOPTightest spread
SHOPHighest volume
SHOPFunding history
Stored venue snapshots by market
Funding history
Stored venue snapshots by marketCompany data
Company fundamentals
Updated 4h ago
Company data
Company fundamentals
More metrics
Fundamental detail
Annual + quarterlyRefreshed 4h 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
SHOP-PERPFilings
PendingTranscripts
PendingLatest updates
No recent updates available.FMP company data
Company intelligence
Updated: Sep 19, 2026, 12:27 AM UTC
FMP company data
Company intelligence
Company profile
- Sector
- Technology
- Industry
- Software - Application
- Chief executive
- Tobias Lutke
- Employees
- 7,600
- IPO date
- May 20, 2015
- Country
- CA
- Exchange
- NASDAQ Global Select
Rating factors
- Return on equityi
- 4
- Return on assetsi
- 5
- Debt to equityi
- 4
- Price to earningsi
- 1
- Price to booki
- 1
Company press releases
Congressional disclosures
Senate
House
Market cap history
Largest fund holders
| Fund | Weight | Shares held |
|---|---|---|
| QQQ | 0.71% | 26M |
| VWUAX | 1.56% | 6.5M |
| QQQM | 0.71% | 5.6M |
| VWIGX | 0.86% | 3.4M |
| ARKK | 3.06% | 1.7M |
| QCN.TO | 4.28% | 1.4M |
| JEPQ | 0.43% | 1.4M |
| AIQ | 1.28% | 983K |
| QTEC | 2.53% | 877.5K |
| QQQI | 0.71% | 790.2K |
| JTEK | 2.28% | 777.2K |
| TQQQ | 0.28% | 748K |
Analyst track record
How the analysts covering SHOP have done: ratings, price-target accuracy and the measured reaction after their calls.
| 12 months | 3 years | |
|---|---|---|
| Ratings | 127 | 598 |
| Analysts | 40 | 57 |
| Buy / hold / sell | 95 / 32 / 0 | 364 / 222 / 12 |
| Upgrades / downgrades / initiations | 6 / 1 / 2 | 21 / 20 / 12 |
| Price targets hit / missed | 6 / 108 (5%) | 336 / 195 (63%) |
| Avg. return after a rating (TipRanks) | -22.5% | +25.0% |
| Best / worst call | +16.9% / -41.6% | +163.5% / -41.6% |
After buy calls on this stock: median 21-day move +0.9% vs S&P 500 -0.5% (n = 368)
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.
- Paul TreiberRBC Capital100% hit rate on this stock · 33 targets measuredBuytarget $170Apr 22, 2026
- Colin SebastianRobert W. Baird100% hit rate on this stock · 14 targets measuredBuytarget $150May 6, 2026
- Gabriela BorgesGoldman Sachs100% hit rate on this stock · 9 targets measuredBuytarget $168Feb 13, 2026
Latest ratings
| Date | Analyst | Call | Target | |
|---|---|---|---|---|
| May 20, 2026 | James Callahan CFAPiper Sandler | BuyMaintained | $150 | article ↗ |
| May 8, 2026 | J. Parker LaneStifel Nicolaus | HoldMaintained | $110 | article ↗ |
| May 6, 2026 | Andrew BooneCitizens JMP | BuyMaintained | $150 | article ↗ |
| May 6, 2026 | Colin SebastianRobert W. Baird | BuyMaintained | $150 | article ↗ |
| May 6, 2026 | Martin TonerATB Cormark Capital Markets | BuyMaintained | $174 | 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 18, 2026 · 127 ratings
Frequently asked questions
Where can I trade SHOP perpetual futures?
Shopify Inc. (SHOP) perpetual futures trade on 14 crypto venues, including BingX, Deepcoin, HTX. PerpEquities compares them by live price, funding rate, open interest and liquidity.
Can I trade SHOP around the clock?
Yes. Unlike the underlying stock, SHOP perpetuals trade 24/7 — including weekends and outside regular market hours.
What is the funding rate on SHOP perpetuals?
Right now the SHOP perp funding rate is 0.0% annualized (venue median), ranging from -3.7% to +152.8% across 14 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.
How does the SHOP perp price compare to the Shopify Inc. stock?
The venue-median SHOP perp mark is $128.4 versus a reference stock price of $128.4, 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 SHOP perpetual future?
A SHOP perpetual is a derivative that tracks the price of Shopify Inc. with no expiry date. It lets you take long or short exposure to Shopify Inc. on crypto venues, around the clock.
What is SHOPUSDT perpetual?
SHOPUSDT is the symbol most crypto exchanges use for the Shopify Inc. perpetual settled in USDT (Tether). It tracks the SHOP share price through an index, trades 24/7 with leverage and never expires.
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