PerpEquities

Equity · Communication services

SoftBank Group Corp. (SOFTBANK) perpetual futures

SOFTBANK perpetual futures on 7 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade SOFTBANKUSDT.

Global conglomerate headquartered in Tokyo providing telecommunications, digital services, e-commerce platforms, microprocessor IP design through Arm, and investment management.

$40.40+3.0%
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Collecting venue price data...
venue perp mark · Bitget (SOFTBANK/USDT)
Auto: highest-volume live perp venueOpen in TradingView

Trading data

Perpetual market activity

7/7 live markets
Venues
7
Live markets
7/7
24h volume
$1.5M
Open interest
$2.3MCoverage: 5/7 markets
Best liquidity
$657.9K
LBank
Tightest spread
+25.2 bps
Hyperliquid HIP-3
Highest volume
$449K
Bitget
Settlement mix
USDT · 6/7
Perp/spot vol.
0.00x
Spot volume $2.3B
OI / float
0.00%
Float $147.6B
Spot performance
1D+2.96%
5D+2.56%
1M+16.23%
6M+80.02%
YTD+40.78%
1Y+24.94%

Venue matrix

7 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
BitgetTradeSOFTBANK/USDTTrading$40.330.0% APR
0.000% every 8h
+31.9 bps$419.8K$449K$107.9KUSDT20x
LBankTradeSOFTBANK/USDTTrading$40.400.0% APR
0.000% every 8h
+36.7 bps$657.9K$376.5K-USDT50x
Hyperliquid HIP-3Tradexyz:SOFTBANKTrading$40.43+98.9% APR
+0.011% every 1h
+25.2 bps$35.6K$361.5K$1.4MUSDC10x
HTXTradeSOFTBANK/USDTTrading$40.58-+123.2 bps$1.1K$166.6K-USDT-
MEXCTradeSOFTBANK/USDTTrading$40.290.0% APR
0.000% every 8h
+36.3 bps$58.5K$102.4K$756.7KUSDT20x
OKXTradeSOFTBANK/USDTTrading$40.360.0% APR
0.000% every 8h
+26.9 bps$5.9K$62.1K$73.1KUSDT10x
Gate.ioTradeSOFTBANK/USDTTrading$40.430.0% APR
0.000% every 8h
+121.7 bps-$376$4.9KUSDT20x

Tradability

Execution quality

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

Adequate liquidity · 4 of 7 venues absorb $10k · Typical cost: +30.9 bps – +48.7 bps

Cheapest execution: Bitget · +23.0 bps

Too thin: OKX

No fresh book data: HTX, Gate.io

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

Best venues for this underlying

Best liquidity

SOFTBANK

Tightest spread

SOFTBANK

Highest volume

SOFTBANK

Funding history

Stored venue snapshots by market

Company data

Company fundamentals

Updated 1h ago
Market cap
$234.7B
Updated 1h ago
Revenue
$50.7B
Trailing 12 months
Revenue growth
+9%
Next fiscal year
Profit margin
+61.6%
P/E
7.5
Peer P/E 19.9
Free cash flow
-$22.7B
Trailing 12 months
More metrics
Net income
$31.2B
Trailing 12 months
P/S
4.6
Peer P/E
19.9
Similar listed perps
Revenue estimate
$54B
Next fiscal year
Earnings
2026-11-05
Revenue est. $12.7B · Updated 1h ago
Dividend
¥5.5
2027-03-30

Fundamental detail

Annual + quarterly
Latest revenue$49.4B
Net margin+64.1%
Free cash flow-$13.7B
Net debt$129.9B
2021$35.7B
2022$39.4B
2023$41.7B
2024$42.8B
2025$45.9B
2026$49.4B
PeriodRevenueGrowthNet incomeFCF
2021$35.7B0%$31.6B-$568.3M
2022$39.4B+11%-$10.8B$12B
2023$41.7B+6%-$6.2B$681.7M
2024$42.8B+3%-$1.4B-$2.4B
2025$45.9B+7%$7.3B$754.3M
2026$49.4B+8%$31.7B-$13.7B
PeriodGross marginOperating marginNet marginROEROA
2021+51.1%+10.7%+88.6%+48.8%+10.9%
2022+52.5%+11.5%-27.5%-17.1%-3.6%
2023+50.7%+9.6%-14.8%-10.7%-2.2%
2024+52.4%+8.3%-3.4%-2.0%-0.5%
2025+51.8%+10.1%+15.9%+10.0%+2.6%
2026+51.5%-0.1%+64.1%+28.4%+8.2%
PeriodCashDebtNet debtCurrent ratio
2021$29.6B$104.4B$74.8B0.84
2022$32.8B$112.8B$80B0.81
2023$43.9B$101.8B$57.9B1.00
2024$39.2B$102.6B$63.4B0.82
2025$23.5B$119.9B$96.4B0.75
2026$34B$163.9B$129.9B0.80
PeriodMarket capEnterprise valueP/SP/E
2021$101.1B$175.9B2.83.2
2022$60.2B$140.2B1.5-5.6
2023$50.7B$108.5B1.2-7.9
2024$82B$145.4B1.9-51.6
2025$68.9B$165.3B1.59.6
2026$128.6B$258.5B2.64.1
Q2 2025$11.2B
Q3 2025$11.6B
Q4 2025$12.3B
Q1 2026$11.5B
Q2 2026$12.2B
Q3 2026$12.6B
Q4 2026$13.2B
Q1 2027$12.8B
PeriodRevenueGrowthNet incomeFCF
Q2 2025$11.2B+6%$7.5B-$113.7M
Q3 2025$11.6B+3%-$2.3B$1.7B
Q4 2025$12.3B+11%$3.3B-$1.5B
Q1 2026$11.5B+7%$2.6B-$3.5B
Q2 2026$12.2B+8%$15.8B-$2.6B
Q3 2026$12.6B+8%$1.6B-$5.7B
Q4 2026$13.2B+7%$11.6B-$3.9B
Q1 2027$12.8B+11%$2.2B-$10.6B
PeriodGross marginOperating marginNet marginROEROA
Q2 2025+52.6%+23.6%+66.7%+11.0%+2.6%
Q3 2025+51.0%+8.8%-20.1%-3.0%-0.8%
Q4 2025+49.9%+7.8%+26.6%+4.5%+1.1%
Q1 2026+52.4%+10.8%+22.9%+3.8%+0.9%
Q2 2026+52.5%+7.7%+130.3%+17.7%+5.1%
Q3 2026+51.7%+3.8%+12.5%+1.6%+0.4%
Q4 2026+49.6%-20.4%+88.0%+10.4%+3.0%
Q1 2027+52.2%-11.6%+17.2%+1.9%+0.5%
PeriodCashDebtNet debtCurrent ratio
Q2 2025$28.4B$128.9B$100.5B0.68
Q3 2025$29.5B$127B$97.4B0.77
Q4 2025$23.5B$119.9B$96.4B0.75
Q1 2026$26.5B$125.8B$99.2B0.84
Q2 2026$31.6B$128.8B$97.2B0.93
Q3 2026$27.9B$159.8B$131.9B0.83
Q4 2026$34B$163.9B$129.9B0.80
Q1 2027$24.9B$177.4B$152.5B0.68
PeriodMarket capEnterprise valueP/SP/E
Q2 2025$78.1B$178.6B7.02.6
Q3 2025$84.1B$181.5B7.2-8.9
Q4 2025$68.4B$164.7B5.65.3
Q1 2026$95.4B$194.7B8.39.0
Q2 2026$168.8B$266B13.92.7
Q3 2026$159B$290.9B12.625.7
Q4 2026$128.4B$258.3B9.72.8
Q1 2027$215.4B$368B16.824.8

Refreshed 1h ago

Charts: revenue, profit, cash flow & valuation
Revenue$12.8BQ1 2027
$3.3B$6.6B$9.9B$13.2BQ2 2024: $10.6BQ3 2024: $11.3BQ4 2024: $11.1BQ1 2025: $10.8BQ2 2025: $11.2BQ3 2025: $11.6BQ4 2025: $12.3BQ1 2026: $11.5BQ2 2026: $12.2BQ3 2026: $12.6BQ4 2026: $13.2BQ1 2027: $12.8BQ2 2024Q1 2027
Net income$2.2BQ1 2027
-$468.7M$5B$10.4B$15.8BQ2 2024: -$5.9BQ3 2024: $6BQ4 2024: $1.5BQ1 2025: -$1.1BQ2 2025: $7.5BQ3 2025: -$2.3BQ4 2025: $3.3BQ1 2026: $2.6BQ2 2026: $15.8BQ3 2026: $1.6BQ4 2026: $11.6BQ1 2027: $2.2BQ2 2024Q1 2027
EBITDA$70.8MQ1 2027
$3.7B$9.6B$15.6B$21.5BQ2 2024: -$2.3BQ3 2024: $9.7BQ4 2024: $885.6MQ1 2025: $3.6BQ2 2025: $2.7BQ3 2025: $1.1BQ4 2025: $5.2BQ1 2026: $6.8BQ2 2026: $21.5BQ3 2026: $5.8BQ4 2026: $15.5BQ1 2027: $70.8MQ2 2024Q1 2027
Free cash flow-$10.6BQ1 2027
-$7.2B-$3.8B-$474.7M$2.9BQ2 2024: $580MQ3 2024: -$602.8MQ4 2024: $2.9BQ1 2025: -$2.1BQ2 2025: -$113.7MQ3 2025: $1.7BQ4 2025: -$1.5BQ1 2026: -$3.5BQ2 2026: -$2.6BQ3 2026: -$5.7BQ4 2026: -$3.9BQ1 2027: -$10.6BQ2 2024Q1 2027
EPS$0.38Q1 2027
-$0.06$0.88$1.83$2.77Q2 2024: -$1.01Q3 2024: $1.02Q4 2024: $0.24Q1 2025: -$0.19Q2 2025: $1.27Q3 2025: -$0.41Q4 2025: $0.56Q1 2026: $0.46Q2 2026: $2.77Q3 2026: $0.27Q4 2026: $2.03Q1 2027: $0.38Q2 2024Q1 2027
Cash / Debt$24.9BQ1 2027
$44.4B$88.7B$133.1B$177.4BQ2 2024 · Cash: $42.5BQ2 2024 · Debt: $135.6BQ3 2024 · Cash: $39.1BQ3 2024 · Debt: $132.7BQ4 2024 · Cash: $39.2BQ4 2024 · Debt: $102.6BQ1 2025 · Cash: $34.9BQ1 2025 · Debt: $136.9BQ2 2025 · Cash: $28.4BQ2 2025 · Debt: $128.9BQ3 2025 · Cash: $29.5BQ3 2025 · Debt: $127BQ4 2025 · Cash: $23.5BQ4 2025 · Debt: $119.9BQ1 2026 · Cash: $26.5BQ1 2026 · Debt: $125.8BQ2 2026 · Cash: $31.6BQ2 2026 · Debt: $128.8BQ3 2026 · Cash: $27.9BQ3 2026 · Debt: $159.8BQ4 2026 · Cash: $34BQ4 2026 · Debt: $163.9BQ1 2027 · Cash: $24.9BQ1 2027 · Debt: $177.4BQ2 2024Q1 2027
CashDebt
Profitability+52.2%Q1 2027
-9.2%+37.3%+83.8%+130.3%Q2 2024 · Gross margin: +53.9%Q3 2024 · Gross margin: +52.6%Q4 2024 · Gross margin: +50.0%Q1 2025 · Gross margin: +54.1%Q2 2025 · Gross margin: +52.6%Q3 2025 · Gross margin: +51.0%Q4 2025 · Gross margin: +49.9%Q1 2026 · Gross margin: +52.4%Q2 2026 · Gross margin: +52.5%Q3 2026 · Gross margin: +51.7%Q4 2026 · Gross margin: +49.6%Q1 2027 · Gross margin: +52.2%Q2 2024 · Operating margin: +11.6%Q3 2024 · Operating margin: +9.2%Q4 2024 · Operating margin: +1.0%Q1 2025 · Operating margin: +11.8%Q2 2025 · Operating margin: +23.6%Q3 2025 · Operating margin: +8.8%Q4 2025 · Operating margin: +7.8%Q1 2026 · Operating margin: +10.8%Q2 2026 · Operating margin: +7.7%Q3 2026 · Operating margin: +3.8%Q4 2026 · Operating margin: -20.4%Q1 2027 · Operating margin: -11.6%Q2 2024 · Net margin: -55.8%Q3 2024 · Net margin: +53.5%Q4 2024 · Net margin: +13.2%Q1 2025 · Net margin: -10.5%Q2 2025 · Net margin: +66.7%Q3 2025 · Net margin: -20.1%Q4 2025 · Net margin: +26.6%Q1 2026 · Net margin: +22.9%Q2 2026 · Net margin: +130.3%Q3 2026 · Net margin: +12.5%Q4 2026 · Net margin: +88.0%Q1 2027 · Net margin: +17.2%Q2 2024Q1 2027
Gross marginOperating marginNet margin
Revenue growth+10.9%Q1 2027
+2.7%+5.5%+8.2%+10.9%Q1 2025: +9.4%Q2 2025: +5.9%Q3 2025: +3.3%Q4 2025: +10.6%Q1 2026: +7.0%Q2 2026: +8.4%Q3 2026: +8.2%Q4 2026: +7.1%Q1 2027: +10.9%Q2 2024Q1 2027
Shares outstanding5.7BQ1 2027
1.5B2.9B4.4B5.9BQ2 2024: 5.9BQ3 2024: 5.9BQ4 2024: 5.9BQ1 2025: 5.9BQ2 2025: 5.8BQ3 2025: 5.8BQ4 2025: 5.8BQ1 2026: 5.7BQ2 2026: 5.7BQ3 2026: 5.7BQ4 2026: 5.7BQ1 2027: 5.7BQ2 2024Q1 2027
Valuation24.8Q1 2027
-9.72.113.925.7Q2 2024 · P/E: -2.5Q3 2024 · P/E: 2.4Q4 2024 · P/E: 14.3Q1 2025 · P/E: -21.5Q2 2025 · P/E: 2.6Q3 2025 · P/E: -8.9Q4 2025 · P/E: 5.3Q1 2026 · P/E: 9.0Q2 2026 · P/E: 2.7Q3 2026 · P/E: 25.7Q4 2026 · P/E: 2.8Q1 2027 · P/E: 24.8Q2 2024 · P/S: 5.6Q3 2024 · P/S: 5.2Q4 2024 · P/S: 7.4Q1 2025 · P/S: 9.0Q2 2025 · P/S: 7.0Q3 2025 · P/S: 7.2Q4 2025 · P/S: 5.6Q1 2026 · P/S: 8.3Q2 2026 · P/S: 13.9Q3 2026 · P/S: 12.6Q4 2026 · P/S: 9.7Q1 2027 · P/S: 16.8Q2 2024Q1 2027
P/EP/S
Revenue$49.4B2026
$12.4B$24.7B$37.1B$49.4B2019: $38.6B2020: $35.7B2021: $35.7B2022: $39.4B2023: $41.7B2024: $42.8B2025: $45.9B2026: $49.4B20192026
Net income$31.7B2026
-$193.1M$10.4B$21.1B$31.7B2019: $8.9B2020: $31.4B2021: $31.6B2022: -$10.8B2023: -$6.2B2024: -$1.4B2025: $7.3B2026: $31.7B20192026
EBITDA$49.6B2026
$12.4B$24.8B$37.2B$49.6B2019: $23.6B2020: $39.4B2021: $43.3B2022: $2.3B2023: $6.2B2024: $9.3B2025: $20B2026: $49.6B20192026
Free cash flow-$13.7B2026
-$7.3B-$863.1M$5.6B$12B2019: -$1.2B2020: -$924M2021: -$568.3M2022: $12B2023: $681.7M2024: -$2.4B2025: $754.3M2026: -$13.7B20192026
EPS$5.532026
$0.19$1.97$3.75$5.532019: $12020: $3.862021: $4.172022: -$1.582023: -$12024: -$0.272025: $1.242026: $5.5320192026
Cash / Debt$34B2026
$41B$82B$122.9B$163.9B2019 · Cash: $24.5B2019 · Debt: $94.7B2020 · Cash: $21.4B2020 · Debt: $89.2B2021 · Cash: $29.6B2021 · Debt: $104.4B2022 · Cash: $32.8B2022 · Debt: $112.8B2023 · Cash: $43.9B2023 · Debt: $101.8B2024 · Cash: $39.2B2024 · Debt: $102.6B2025 · Cash: $23.5B2025 · Debt: $119.9B2026 · Cash: $34B2026 · Debt: $163.9B20192026
CashDebt
Profitability+51.5%2026
+1.6%+30.6%+59.6%+88.6%2019 · Gross margin: +41.5%2020 · Gross margin: +51.1%2021 · Gross margin: +51.1%2022 · Gross margin: +52.5%2023 · Gross margin: +50.7%2024 · Gross margin: +52.4%2025 · Gross margin: +51.8%2026 · Gross margin: +51.5%2019 · Operating margin: +10.8%2020 · Operating margin: +10.6%2021 · Operating margin: +10.7%2022 · Operating margin: +11.5%2023 · Operating margin: +9.6%2024 · Operating margin: +8.3%2025 · Operating margin: +10.1%2026 · Operating margin: -0.1%2019 · Net margin: +23.2%2020 · Net margin: +88.1%2021 · Net margin: +88.6%2022 · Net margin: -27.5%2023 · Net margin: -14.8%2024 · Net margin: -3.4%2025 · Net margin: +15.9%2026 · Net margin: +64.1%20192026
Gross marginOperating marginNet margin
Revenue growth+7.7%2026
-3.1%+1.5%+6.0%+10.5%2020: -7.6%2021: 0.0%2022: +10.5%2023: +5.6%2024: +2.8%2025: +7.2%2026: +7.7%20192026
Shares outstanding5.7B2026
2.2B4.4B6.5B8.7B2019: 8.7B2020: 8.3B2021: 7.6B2022: 6.8B2023: 6.2B2024: 5.9B2025: 5.8B2026: 5.7B20192026
Valuation4.12026
-36.3-21.0-5.79.62019 · P/E: 8.62020 · P/E: 1.62021 · P/E: 3.22022 · P/E: -5.62023 · P/E: -7.92024 · P/E: -51.62025 · P/E: 9.62026 · P/E: 4.12019 · P/S: 1.92020 · P/S: 1.42021 · P/S: 2.82022 · P/S: 1.52023 · P/S: 1.22024 · P/S: 1.92025 · P/S: 1.52026 · P/S: 2.620192026
P/EP/S

Next catalyst

Catalysts

Earnings
2026-11-05
Revenue est. $12.7B · Updated 1h ago
Dividend
¥5.5
2027-03-30

No unusual perp activity right now.

FMP reference data

Market context

Reference market

Closed
Tokyo Stock Exchange
Regular hours
09:00 AM – 11:30 AM
Next holiday
Oct 12, 2026 · Sport Day

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 2027168.40$54B+9%11
FY 2028131.36$57.9B+17%8
FY 202989.57$62.5B+26%7
FY 203054.29$75.6B+53%2
FY 2031165.43$94.5B+91%5
Q3 202626.81$12.8B+2%4

Company events

6
2027-03-30Dividend¥5.5-
2026-11-05EarningsActual - / Estimate -20.94-
2026-09-29Dividend¥5.5-
2026-08-06EarningsActual 60.08 / Estimate 21.94Beat
2026-05-13EarningsActual 320.04 / Estimate 49.61Beat
2026-03-30Dividend¥5.5-

Peer comparison

Similar listed perps

FMP company data

Company intelligence

Updated: Oct 5, 2026, 06:52 PM UTC

Company profile

Sector
Communication Services
Industry
Telecommunications Services
Chief executive
Masayoshi Son
Employees
73,677
IPO date
Jul 1, 1994
Country
JP
Exchange
Tokyo Stock Exchange
Website
Altman Z-scorei1
Piotroski scorei3/9
FMP ratingiB
Owner earningsi-¥1.57T-¥276.16 per share

Rating factors

Return on equityi
5
Return on assetsi
5
Debt to equityi
1
Price to earningsi
3
Price to booki
2
Market cap history
¥37.03T+8.7%Jul 26 – Oct 26
¥28.35T¥32.69T¥37.03TLow: ¥28.35T · 2026-08-24Latest: ¥37.03T · 2026-10-05Jul 26Aug 26Sep 26Oct 26
Latest: ¥37.03T · 2026-10-05High: ¥37.03T · 2026-10-05Low: ¥28.35T · 2026-08-24
Largest fund holders
FundWeightShares held
1321.T6.28%213.1M
1306.T1.71%115M
1330.T7.8%104.2M
VXUS0.26%55.5M
VEA0.36%36.9M
IEFA0.58%28.1M
1329.T7.61%25.6M
MKLOX0.14%21.3M
EWJ2.76%16M
INJ3.71%15.8M
IEE0.89%13.3M
EFA0.68%13.2M

Analyst track record

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

12 months3 years
Ratings00
Analysts00
Buy / hold / sell––
Upgrades / downgrades / initiations0 / 0 / 00 / 0 / 0
Price targets hit / missed––
Avg. return after a rating (TipRanks)––
Best / worst call– / –– / –

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

TipRanks data via FMP · computed Oct 2, 2026 · 0 ratings

Frequently asked questions

Where can I trade SOFTBANK perpetual futures?

SoftBank Group Corp. (SOFTBANK) perpetual futures trade on 7 crypto venues, including Bitget, LBank, Hyperliquid HIP-3. PerpEquities compares them by live price, funding rate, open interest and liquidity.

Can I trade SOFTBANK around the clock?

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

What is the funding rate on SOFTBANK perpetuals?

Right now the SOFTBANK perp funding rate is 0.0% annualized (venue median), ranging from 0.0% to +98.9% across 7 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.

How does the SOFTBANK perp price compare to the SoftBank Group Corp. stock?

The venue-median SOFTBANK perp mark is $40.4 versus a reference stock price of $40.4, 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 SOFTBANK perpetual future?

A SOFTBANK perpetual is a derivative that tracks the price of SoftBank Group Corp. with no expiry date. It lets you take long or short exposure to SoftBank Group Corp. on crypto venues, around the clock.

What is SOFTBANKUSDT perpetual?

SOFTBANKUSDT is the symbol most crypto exchanges use for the SoftBank Group Corp. perpetual settled in USDT (Tether). It tracks the SOFTBANK share price through an index, trades 24/7 with leverage and never expires.

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