PerpEquities

Equity · Industrials

Space Exploration Technologies Corp. (SPCX) perpetual futures

SPCX perpetual futures on 31 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade SPCXUSDT.

Space Exploration Technologies designs and manufactures rockets and spacecraft, provides launch services, and operates Starlink satellite broadband networks.

$149.22+2.6%NASDAQ closed
Open in terminal

Price chart

 

Use the left and right arrow keys to inspect points on the chart.

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

Trading data

Perpetual market activity

35/35 live markets
Venues
31
Live markets
35/35
24h volume
$1.5BCoverage: 27/35 marketsExchange-reported volume: $1.9B
Open interest
$820.3MCoverage: 31/35 markets
Best liquidity
$89.2M
BloFin
Tightest spread
+0.7 bps
HTX
Highest volume
$1.1B
Binance
Settlement mix
USDT · 17/35
Perp/spot vol.
0.18x
Spot volume $8.6B
OI / float
+0.62%
Float $131.8B
Spot performance
1D+1.92%
5D+0.05%
1M+4.78%
6M-7.88%
YTD-7.88%
1Y-7.88%

Venue matrix

35 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
BinanceTradeSPCX/USDTTrading$149.220.0% APR
0.000% every 8h
+0.7 bps-$1.1B$326.6MUSDT-
OKXTradeSPCX/USDTTrading$149.190.0% APR
0.000% every 8h
+0.7 bps$3.9M$149.8M$53.3MUSDT75x
BitgetTradeSPCX/USDTTrading$149.250.0% APR
0.000% every 8h
+0.7 bps-$69.4M$31.4MUSDT75x
Gate.ioTradeSPCX/USDTTrading$149.210.0% APR
0.000% every 8h
+1.3 bps-$68.3M$146.3MUSDT100x
Hyperliquid HIP-3Tradexyz:SPCXTrading$149.08+7.2% APR
+0.00083% every 1h
+0.7 bps$3.7M$53.8M$117.8MUSDC20x
BybitTradeSPCX/USDTTrading$149.200.0% APR
0.000% every 8h
+0.7 bps$2.2M$31.7M$31.5MUSDT100x
AsterTradeSPCXUSD1Trading$149.250.0% APR
0.000% every 8h
+2.7 bps$1M$28.8M$18.2MUSD1-
MEXCTradeSPCX/USDTTrading$149.200.0% APR
0.000% every 8h
+4.7 bps$27.3M$9.9M$50.3MUSDT200x
KuCoinTradeSPCX/USDTTrading$149.150.0% APR
0.000% every 8h
+5.4 bps$327K$6M$12.7MUSDT20x
MEXCTradeSPCX/USDCTrading$149.220.0% APR
0.000% every 8h
+0.7 bps$5.1M$2.3M$2.9MUSDC20x
MEXCTradeSPCX/USD1Trading$149.220.0% APR
0.000% every 8h
+0.7 bps$5M$2.1M$2.3MUSD120x
Ondo PerpsTradeSPCX/USDTrading$149.05-+2.0 bps$1.8M$1.3M$3.2MUSDC10x
PhemexTradeSPCX / USDTTrading$149.27+5.5% APR
+0.00500% every 8h
+0.7 bps$117.1K$1.3M$1.1MUSDT50x
AsterTradeSPCXUSDTTrading$149.210.0% APR
0.000% every 8h
+2.0 bps$1.3M$1.2M$816.8KUSDT-
BinanceTradeSPCX/USD1Trading$149.290.0% APR
0.000% every 8h
+4.7 bps$109.1K$993.8K$346.6KUSD1-
KrakenTradePF_SPCXXUSDTrading$149.11+12.7% APR
+0.00145% every 1h
+4.7 bps$496.9K$978.8K$1.4MUSD-
BloFinTradeSPCX/USDTTrading$149.22-13.1% APR
-0.012% every 8h
+0.7 bps$89.2M$566.5K$2.6MUSDT75x
Coinbase InternationalTradeSPCX/USDCTrading$149.20+28.0% APR
+0.00320% every 1h
+5.4 bps-$458.6K$769.2KUSDC-
BackpackTradeSPCX/USDCTrading$149.10+19.4% APR
+0.00221% every 1h
+1.3 bps$269.1K$382.8K$74.9KUSDC10x
Crypto.com ExchangeTradeSPCX/USDTrading$149.16-0.4% APR
-0.00004% every 1h
+8.7 bps$159.9K$353.7K$280.5KUSD50x
PacificaTradeSPCX/USDCTrading$149.11+11.0% APR
+0.00125% every 1h
+0.7 bps$52.3K$129.8K$132.2KUSDC10x
Helix (Injective)TradeSPCX/USDCTrading$149.01+3.6% APR
+0.00042% every 1h
+61.0 bps$44.9K$41.4K-USDC6x
Orderly NetworkTradeSPCX/USDCTrading$149.18+11.0% APR
+0.010% every 8h
--$2.8K$17KUSDC-
AevoTradeSPCX/USDCTrading$149.14+11.4% APR
+0.00130% every 1h
+12.7 bps$206.4K$0$146.2USDC10x
ParadexTradeSPCX/USDTrading$149.10+6.2% APR
+0.00562% every 8h
+14,286.3 bps$0$0$98.4USDC5x
gTrade (Gains)TradeSPCX/USDTrading$149.25-----USD2x
HTXTradeSPCX/USDTTrading$149.33-+0.7 bps$5.4M$1.8M-USDT-
VestTradeSPCX/USDCTrading$149.08+5.0% APR
+0.00057% every 1h
+2.7 bps$382.9K$737.8K-USDC10x
DeepcoinTradeSPCX/USDTTrading$149.20+11.0% APR
+0.010% every 8h
+0.7 bps$9.9M$173.2M⚠$44.5KUSDT20x
XT.comTradeSPCX/USDTTrading$149.370.0% APR
0.000% every 8h
+2.0 bps$23.7K$161.3M⚠$6.7MUSDT75x
BitunixTradeSPCX/USDTTrading$149.26+0.5% APR
+0.00046% every 8h
+2.0 bps$54.1M$36.9M⚠$7.5MUSDT50x
OurbitTradeSPCX/USDTTrading$149.210.0% APR
0.000% every 8h
+0.7 bps$32.6M$18.1M⚠$300.1KUSDT200x
ExtendedTradeSPCX/USDTrading$149.140.0% APR
0.000% every 1h
+0.7 bps$1.5M$7M⚠$726.8KUSD10x
BingXTradeSPCX-USDTTrading$149.25+5.5% APR
+0.00500% every 8h
+2.0 bps$55.9M$5M⚠$1.4KUSDT-
LBankTradeSPCX/USDTTrading$149.240.0% APR
0.000% every 8h
+0.7 bps$43.7M$2.7M⚠$640.5KUSDT50x

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

Broad liquidity · 25 of 31 venues absorb $10k · Typical cost: +5.4 bps – +12.6 bps

Cheapest execution: Extended · +3.2 bps

No fresh book data: Bitget, Gate.io, Coinbase International, Orderly Network, Paradex, gTrade (Gains)

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

Best venues for this underlying

Best liquidity

SPCX

Tightest spread

SPCX

Highest volume

SPCX

Funding history

Stored venue snapshots by market

Company data

Company fundamentals

Updated 47m ago
Market cap
$2T
Updated 47m ago
Revenue
$18.7B
Trailing 12 months
Revenue growth
+132%
Next fiscal year
Profit margin
-32.2%
P/E
-96.9
Peer P/E 36.4
Free cash flow
-$14B
Trailing 12 months
More metrics
Net income
-$4.9B
Trailing 12 months
P/S
105.3
Peer P/E
36.4
Similar listed perps
Revenue estimate
$43.3B
Next fiscal year
Earnings
2026-08-04
Revenue $7.8B · Updated 47m ago
Dividend
-

Fundamental detail

Annual + quarterly
Latest revenue$18.7B
Net margin-26.4%
Free cash flow-$14B
Net debt-$1.9B
2023$10.4B
2024$14B
2025$18.7B
PeriodRevenueGrowthNet incomeFCF
2023$10.4B--$4.6B$105M
2024$14B+35%$791M-$5.4B
2025$18.7B+33%-$4.9B-$14B
PeriodGross marginOperating marginNet marginROEROA
2023+41.2%-33.7%-44.6%0.0%0.0%
2024+42.9%+3.3%+5.6%+3.1%+1.4%
2025+49.4%-13.9%-26.4%-11.9%-5.4%
PeriodCashDebtNet debtCurrent ratio
2023---0.00
2024$11.4B$13.8B$2.4B1.37
2025$24.7B$22.9B-$1.9B1.45
PeriodMarket capEnterprise valueP/SP/E
2023$998.2B$042.8-95.8
2024$1T$1T32.725,547.6
2025$1.1T$1.1T25.2-95.2
Q1 2025$4.1B
Q1 2026$4.7B
Q2 2026$7.8B
PeriodRevenueGrowthNet incomeFCF
Q1 2025$4.1B--$528M-$3.4B
Q1 2026$4.7B+15%-$4.3B-$9.1B
Q2 2026$7.8B--$541M-$16B
PeriodGross marginOperating marginNet marginROEROA
Q1 2025+51.8%+0.7%-13.0%0.0%0.0%
Q1 2026+49.1%-41.4%-91.1%-10.3%-4.2%
Q2 2026+55.3%-1.8%-6.9%-0.4%-0.3%
PeriodCashDebtNet debtCurrent ratio
Q1 2025---0.00
Q1 2026$15.9B$30.3B$14.4B1.22
Q2 2026$93.5B$39.4B-$54.2B5.12
PeriodMarket capEnterprise valueP/SP/E
Q1 2025$1T$0113.8-223.5
Q1 2026$1.4T$1.4T133.2-31.7
Q2 2026$2.3T$2.2T128.2-474.6

Refreshed 47m ago

Charts: revenue, profit, cash flow & valuation
Revenue$7.8BQ2 2026
$2B$3.9B$5.9B$7.8BQ1 2025: $4.1BQ1 2026: $4.7BQ2 2026: $7.8BQ1 2025Q2 2026
Net income-$541MQ2 2026
-$3.2B-$2.1B-$1.1BQ1 2025: -$528MQ1 2026: -$4.3BQ2 2026: -$541MQ1 2025Q2 2026
EBITDA$111MQ2 2026
$593.8M$1.2B$1.8B$2.4BQ1 2025: $1.7BQ1 2026: $2.4BQ2 2026: $111MQ1 2025Q2 2026
Free cash flow-$16BQ2 2026
-$12B-$8B-$4BQ1 2025: -$3.4BQ1 2026: -$9.1BQ2 2026: -$16BQ1 2025Q2 2026
EPS-$0.09Q2 2026
-$0.95-$0.64-$0.32Q1 2025: -$0.18Q1 2026: -$1.27Q2 2026: -$0.09Q1 2025Q2 2026
Cash / Debt$93.5BQ2 2026
$23.4B$46.8B$70.1B$93.5BQ1 2026 · Cash: $15.9BQ1 2026 · Debt: $30.3BQ2 2026 · Cash: $93.5BQ2 2026 · Debt: $39.4BQ1 2025Q2 2026
CashDebt
Profitability+55.3%Q2 2026
-54.5%-17.9%+18.7%+55.3%Q1 2025 · Gross margin: +51.8%Q1 2026 · Gross margin: +49.1%Q2 2026 · Gross margin: +55.3%Q1 2025 · Operating margin: +0.7%Q1 2026 · Operating margin: -41.4%Q2 2026 · Operating margin: -1.8%Q1 2025 · Net margin: -13.0%Q1 2026 · Net margin: -91.1%Q2 2026 · Net margin: -6.9%Q1 2025Q2 2026
Gross marginOperating marginNet margin
Revenue growth+15.4%Q1 2026
+3.9%+7.7%+11.6%+15.4%Q1 2026: +15.4%Q1 2025Q2 2026
Shares outstanding5.9BQ2 2026
1.5B2.9B4.4B5.9BQ1 2025: 2.9BQ1 2026: 3.9BQ2 2026: 5.9BQ1 2025Q2 2026
Valuation-474.6Q2 2026
-322.7-170.7-18.8133.2Q1 2025 · P/E: -223.5Q1 2026 · P/E: -31.7Q2 2026 · P/E: -474.6Q1 2025 · P/S: 113.8Q1 2026 · P/S: 133.2Q2 2026 · P/S: 128.2Q1 2025Q2 2026
P/EP/S
Revenue$18.7B2025
$4.7B$9.3B$14B$18.7B2023: $10.4B2024: $14B2025: $18.7B20232025
Net income-$4.9B2025
-$3.5B-$2.1B-$641M$791M2023: -$4.6B2024: $791M2025: -$4.9B20232025
EBITDA$4.3B2025
$451.3M$1.7B$3B$4.3B2023: -$828M2024: $3.3B2025: $4.3B20232025
Free cash flow-$14B2025
-$10.4B-$6.9B-$3.4B$105M2023: $105M2024: -$5.4B2025: -$14B20232025
EPS-$1.692025
-$1.27-$0.84-$0.42$02023: -$1.682024: $02025: -$1.6920232025
Cash / Debt$24.7B2025
$6.2B$12.4B$18.6B$24.7B2024 · Cash: $11.4B2024 · Debt: $13.8B2025 · Cash: $24.7B2025 · Debt: $22.9B20232025
CashDebt
Profitability+49.4%2025
-21.1%+2.4%+25.9%+49.4%2023 · Gross margin: +41.2%2024 · Gross margin: +42.9%2025 · Gross margin: +49.4%2023 · Operating margin: -33.7%2024 · Operating margin: +3.3%2025 · Operating margin: -13.9%2023 · Net margin: -44.6%2024 · Net margin: +5.6%2025 · Net margin: -26.4%20232025
Gross marginOperating marginNet margin
Revenue growth+33.2%2025
+8.7%+17.5%+26.2%+34.9%2024: +34.9%2025: +33.2%20232025
Shares outstanding2.9B2025
2.5B5B7.5B10B2023: 2.8B2024: 10B2025: 2.9B20232025
Valuation-95.22025
6,315.112,725.919,136.825,547.62023 · P/E: -95.82024 · P/E: 25,547.62025 · P/E: -95.22023 · P/S: 42.82024 · P/S: 32.72025 · P/S: 25.220232025
P/EP/S

Next catalyst

Catalysts

Earnings
2026-08-04
Revenue $7.8B · Updated 47m ago

No unusual perp activity right now.

FMP reference data

Market context

Reference market

Closed
NASDAQ
Regular hours
09:30 AM – 04:00 PM
Next holiday
Nov 26, 2026 · Thanksgiving Day

After-hours reference

Bid149.48
Ask149.61
Volume80,056,716

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 2026-0.15$43.3B+132%13
FY 20271.63$105B+462%15
FY 20284.56$192.9B+933%15
Q1 20270.27$16.6B+255%4
Q2 20270.24$18.2B+288%4
Q3 20270.20$19.4B+312%4

Company events

2
2026-08-04EarningsActual -0.09 / Estimate -0.23Beat
2026-05-20EarningsActual -1.19 / Estimate -0.23Miss

Peer comparison

Similar listed perps

FMP company data

Company intelligence

Updated: Sep 30, 2026, 01:19 AM UTC

Company profile

Sector
Industrials
Industry
Aerospace & Defense
Chief executive
Elon Reeve Musk
Employees
22,000
IPO date
Jun 12, 2026
Country
US
Exchange
NASDAQ
Website
FMP ratingiC-
ESG risk ratingiBIndustry rank: 10 out of 100

Rating factors

Return on equityi
1
Return on assetsi
1
Debt to equityi
3
Price to earningsi
1
Price to booki
1
Market cap history
$1.92T-11.4%Jun 26 – Sep 26
$1.50T$1.83T$2.16THigh: $2.16T · 2026-06-29Low: $1.50T · 2026-07-27Latest: $1.92T · 2026-09-28Jun 26Jul 26Aug 26Sep 26
Latest: $1.92T · 2026-09-28High: $2.16T · 2026-06-29Low: $1.50T · 2026-07-27
Largest fund holders
FundWeightShares held
QQQ2.65%89.4M
QQQM2.65%19.6M
VTI0.11%18.8M
VXF1.01%6.9M
VUG0.24%6.4M
CNDX.L2.65%5.6M
EQGB.L2.66%3.9M
EQQQ.L2.66%3.9M
EQEU.DE2.66%3.9M
EQCH.SW2.66%3.9M
JEPQ1.26%3.7M
ARKK5.9%3.6M

Analyst track record

How the analysts covering SPCX 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 Sep 25, 2026 · 0 ratings

Frequently asked questions

Where can I trade SPCX perpetual futures?

Space Exploration Technologies Corp. (SPCX) perpetual futures trade on 31 crypto venues, including Binance, Deepcoin, XT.com. PerpEquities compares them by live price, funding rate, open interest and liquidity.

Can I trade SPCX around the clock?

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

What is the funding rate on SPCX perpetuals?

Right now the SPCX perp funding rate is 0.0% annualized (venue median), ranging from 0.0% to +7.2% across 31 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.

How does the SPCX perp price compare to the Space Exploration Technologies Corp. stock?

The venue-median SPCX perp mark is $149.2 versus a reference stock price of $149.2, 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 SPCX perpetual future?

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

What is SPCXUSDT perpetual?

SPCXUSDT is the symbol most crypto exchanges use for the Space Exploration Technologies Corp. perpetual settled in USDT (Tether). It tracks the SPCX share price through an index, trades 24/7 with leverage and never expires.

Embed this asset

SPCX perpetuals · perpequities.comSPCX perpetuals · perpequities.com
<a href="https://perpequities.com/stocks/spcx-perp"><img src="https://perpequities.com/badge/spcx-perp.svg" width="240" height="64" alt="SPCX perpetuals · perpequities.com" loading="lazy"></a>

Next step

Stay on top of SPCX perps

Signals with a track record

Analysts who hit 70%+ of their targets on the perps we track, congress buys over $500k, 13F positions over $5M, funding spreads that have paid for days. Every post shows the evidence. Free, no sign-up.

Join on Telegram

Weekly digest by email

The listings, funding and moves that matter for SPCX — one email every Sunday.

Watchlist and alerts

Price and funding alerts for SPCX, via push or Telegram.

Set an alert

Follow the live feed

Daily movers, new listings and funding extremes as they happen.

Follow on X