Aperiodic/

marketsEvery perp on Binance, OKX and HyperliquidliquidityOpen interest, volume and depth, coin by coinunusual activityThe perps acting least like their own day
Where the liquidity in crypto perpetuals sits: open interest, volume and resting order-book depth on Binance, OKX and Hyperliquid, added up by venue, by hour and by coin. 15 minutes behind.

Every number here is 15 minutes behind

5m bar 23:45–23:50 UTC · 1,667 perpetuals

Free, from Aperiodic's own data: open interest, volume and resting depth, added up by venue, by hour and by coin.

Open interest$46.10B-5.58% 24h
Volume 24h$123.01B
Order books$363.8M≈ $35.2M per bp
Book turnover338×/daythe book trades every 4 min
OI ÷ depth127×books of open positions
Holding time9.0 hOI ÷ hourly volume

What stands out · last 24 h

  • Hyperliquid holds 27% of open interest but trades 11% of the volume: a position there stays open about 22 h, against 8.0 h on Binance.
  • OKX trades through its resting book 450× a day, Hyperliquid 127×: the same dollar of depth works 3.5× harder on OKX.
  • Measured per basis point of price instead of per 20 levels, Binance's share of depth falls from 52% to 42% and Hyperliquid's rises from 29% to 35%: coarser ticks spread the same 20 levels wider.
  • The busiest hour was 14:50–15:50 UTC: $12.81B traded, 3.2× the median hour.
VenuesBINOKXHL
Open interest$46.10B
BIN 57%
HL 27%
Volume 24h$123.01B
BIN 64%
OKX 25%
Depth, 20 levels$363.8M
BIN 52%
OKX 19%
HL 29%
Depth per bp ≈$35.2M
BIN 42%
OKX 24%
HL 35%
VenueOIVol 24hDepthTurnsOI÷depthHold
BIN$26.43B$78.95B$190.7M414×139×8.0 h
OKX$7.33B$30.77B$68.3M450×107×5.7 h
HL$12.35B$13.29B$104.7M127×118×22 h
open_interest · ohlcv · l2_liquidity5m bars · 15 min behind
Liquidity by hourvenueshow
0$7.5B$15B23:5002:5005:5008:5011:5014:5017:5020:50
ohlcv · open_interest · l2_liquidity5m bars · 15 min behind
Liquidity map
$100M$1B$10B$10K$100K$1M$10MBTCETHSOLZECSOXL10×100×1,000×10,000×
ohlcv · open_interest · l2_liquidity5m bars · 15 min behind
Open interest on the book
open_interest · l2_liquidity5m bars · 15 min behind

All coins981 coins · 3 venues

#CoinDepth by venue
1BTC$40.53B$14.14B-3.64%$15.3M$13.0M0.0152,654×926×
2ETH$23.25B$9.85B-0.07%$23.7M$4.4M0.052983×416×
3SOXL$6.65B$240.7M-13.75%$4.8M$154.1K1.561,382×50×
4ZEC$3.93B$921.0M-2.79%$284.1K$127.4K0.1113,838×3,241×
5SOL$3.72B$1.46B-2.53%$25.4M$1.3M0.13146×57×
6SNDK$3.32B$315.8M+6.36%$2.7M$179.9K0.111,234×117×
7NVDA$2.74B$459.1M+8.12%$1.9M$152.6K0.611,476×247×
8XAU$2.44B$680.0M-7.75%$2.9M$2.1M0.026840×234×
9SPCX$1.73B$437.6M-0.84%$2.8M$198.8K0.71609×154×
10AKE$1.69B$65.1M+0.04%$42.3K$7582.2240,003×1,540×
11HYPE$1.61B$2.02B-1.31%$369.8K$134.0K0.144,352×5,465×
12XRP$1.33B$512.7M-2.77%$14.1M$722.4K0.9894×36×
13SKHYNIX$1.31B$342.0M+7.01%$592.3K$62.6K0.112,203×577×
14SOXS$1.04B$50.8M-0.90%$1.0M$24.3K2.131,005×49×
15MU$979.2M$155.1M-5.37%$217.1K$85.8K0.134,510×714×
16KORU$859.9M$64.0M+2.05%$11.4M$50.1K1.2775×5.6×
17XAG$796.9M$270.3M+4.24%$8.2M$205.9K2.0097×33×
18XYZ:NVDA$764.3M$390.1M-8.37%$1.9M$152.0K0.61410×209×
19BNB$741.2M$475.4M+1.66%$630.3K$138.9K0.161,176×754×
20PEPE$696.5M$126.0M-2.01%$142.9K$25.0K0.224,875×882×
21BARD$688.6M$12.2M+8.40%$749.4K$5.2K7.13919×16×
22NEAR$664.3M$359.1M+0.35%$6.0M$145.1K0.29110×59×
23CL$664.3M$197.9M+0.95%$5.2M$229.0K1.14127×38×
24DOGE$662.7M$301.1M-3.62%$9.4M$328.5K0.4671×32×
25XYZ:SP500$556.7M$474.0M-1.66%$7.0M$2.7M0.1379×68×
26XYZ:XYZ100$552.5M$287.5M+25.46%$3.5M$493.6K0.35158×82×
27BZ$530.1M$174.3M-11.12%$3.5M$164.2K1.07151×50×
28QQQ$490.2M$122.0M-6.20%$790.5K$271.8K0.15620×154×
29SKHY$488.2M$171.1M-3.71%$1.2M$79.8K0.74412×145×
30SNXX$435.1M$26.3M+6.60%$1.3M$25.9K2.57326×20×
31MSTR$375.3M$82.8M-1.06%$924.9K$51.7K0.89406×90×
32UNI$350.8M$207.2M-3.49%$3.5M$103.9K1.0599×58×
33AMD$338.9M$44.6M-20.21%$61.0K$13.4K0.195,558×732×
34ENA$296.2M$130.4M-2.56%$883.6K$47.5K0.73335×148×
35SUI$292.5M$132.8M-0.80%$4.5M$179.4K1.1065×30×
36XYZ:SOXL$288.3M$22.2M-23.48%$189.0K$7.7K1.231,526×117×
37GOOGL$279.0M$182.8M-6.42%$591.2K$88.8K0.33472×309×
38XYZ:SKHX$255.3M$273.9M-1.38%$143.9K$11.0K0.651,774×1,903×
39NBIS$246.8M$79.0M+19.67%$168.7K$8.2K0.871,463×468×
40TQQQ$244.7M$33.7M-11.63%$1.1M$34.1K1.68214×29×
41PUMP$239.4M$125.0M-0.76%$6.1M$104.9K2.9039×21×
42TSLA$239.0M$69.0M+0.18%$193.0K$38.4K0.251,238×358×
43ADA$236.1M$111.0M+0.75%$13.2M$123.7K2.3418×8.4×
44SHELL$205.7M$8.8M+184.03%$74.1K$6315.152,774×119×
45XYZ:SNDK$205.5M$93.8M+4.90%$246.2K$21.4K0.57835×381×
46WLD$205.1M$116.2M-4.49%$4.1M$63.8K1.3650×28×
47INTC$202.3M$115.2M-3.04%$2.1M$63.2K1.6497×55×
48LINK$200.8M$147.3M-0.63%$2.1M$101.8K1.0195×70×
49INJ$193.3M$51.1M+16.23%$901.4K$31.7K1.29214×57×
50AVAX$193.0M$113.1M-3.71%$2.2M$91.9K1.2087×51×
51CRCL$191.3M$108.5M+0.57%$1.4M$44.5K1.59135×77×
52SPY$183.4M$52.0M+8.11%$804.1K$304.9K0.13228×65×
53SAMSUNG$181.7M$30.1M+7.46%$240.4K$18.6K0.65756×125×
54MUU$176.1M$7.6M+14.29%$1.6M$14.3K5.64110×4.7×
55LIT$171.9M$175.3M-1.27%$72.3K$4.4K0.312,377×2,424×
56JCT$171.0M$13.2M+16.88%$65.9K$6964.732,594×199×
57INIT$165.7M$12.3M-3.32%$55.2K$1.0K1.733,001×223×
58AAVE$163.1M$103.6M-3.11%$1.2M$61.3K0.90131×83×
59DRAM$157.9M$32.1M-4.11%$2.2M$47.0K2.3272×15×
60IDOL$152.2M$15.2M+3.53%$5.4K$813.3528,076×2,796×
61XMR$147.3M$164.5M-10.01%$75.0K$6.6K0.191,964×2,194×
62TAO$147.0M$90.2M-2.55%$392.5K$23.0K0.47375×230×
63AGT$145.0M$21.1M-14.15%$23.8K$3533.366,100×887×
64CBRS$142.4M$12.7M-3.88%$84.2K$2.4K1.711,692×151×
65XYZ:SPCX$142.0M$124.6M-6.43%$1.9M$131.7K0.7176×66×
66XYZ:SILVER$139.2M$153.7M-15.26%$216.8K$53.2K0.20642×709×
67SOPH$138.0M$8.3M+38.60%$265.8K$1.5K6.31519×31×
68BCH$128.9M$87.8M-0.64%$308.5K$22.6K0.45418×284×
69ARB$127.4M$68.7M+4.32%$699.7K$31.8K0.69182×98×
70TRUMP$125.9M$47.7M-7.98%$7.8M$45.7K2.7216×6.1×
71LTC$123.4M$109.3M-0.33%$4.8M$121.5K1.2326×23×
72ARIA$120.8M$20.7M+2.32%$9.3K$1553.0013,004×2,224×
73EWY$117.2M$29.5M-0.04%$683.0K$49.2K0.69172×43×
74XYZ:BRENTOIL$111.7M$298.9M-4.96%$148.3K$34.6K0.21753×2,015×
75BTW$111.1M$15.9M+12.15%$18.1K$3282.336,146×881×
76FIL$108.8M$58.7M+3.05%$1.4M$49.6K1.3775×41×
77XYZ:MU$105.9M$146.8M-5.21%$173.7K$11.8K0.74610×845×
78CRWV$104.5M$19.5M+2.80%$650.8K$16.0K1.81161×30×
79MRVL$103.7M$22.6M+2.57%$170.5K$10.1K0.65608×133×
80XYZ:AMD$100.0M$40.7M-35.02%$195.5K$10.2K0.96512×208×
81NATGAS$98.0M$23.3M-15.20%$1.0M$18.9K2.7195×23×
82XYZ:DRAM$97.1M$66.6M-10.13%$338.8K$14.6K1.16287×197×
83XYZ:CL$96.7M$143.9M-18.04%$393.0K$85.9K0.23246×366×
84LITE$95.3M$14.3M-8.23%$29.8K$2.0K0.653,201×481×
85TIA$90.3M$25.3M-2.77%$617.3K$11.8K2.42146×41×
86ONDO$89.7M$55.0M-1.09%$2.3M$38.9K2.5640×24×
87PAXG$85.6M$116.2M-0.00%$378.0K$285.4K0.026226×307×
88ANTHROPIC$82.9M$137.1M+0.01%$65.3K$3.0K0.371,271×2,101×
89KGEN$82.3M$5.0M-8.46%$23.8K$3742.703,464×210×
90AAPL$79.2M$76.8M+4.80%$424.5K$75.7K0.28187×181×
91ZHONGJI$79.2M$10.6M+23.95%$81.3K$2.3K1.38975×130×
92XYZ:SKHY$76.8M$111.2M-2.35%$844.9K$55.2K0.7691×132×
93XLM$71.8M$46.8M-4.33%$597.8K$31.9K0.68120×78×
94BULLA$70.7M$4.3M+22.67%$14.8K$1216.114,776×290×
95ZRO$70.6M$76.8M+2.48%$116.8K$3.1K0.64604×658×
96SQQQ$69.5M$12.2M+9.89%$696.1K$14.4K2.42100×18×
97UNITREE$67.0M$25.3M-4.86%$150.7K$7.7K0.97444×168×
98COIN$64.5M$19.8M-4.86%$202.0K$10.5K0.78319×98×
99AAOI$64.3M$16.3M+2.68%$225.3K$5.9K1.91286×72×
100PONS$64.1M$27.7M-3.57%$491.2K$3.6K6.63131×56×

HK0625

1 contract
OI
$151.3K
OI 24h
-5.56%
Vol 24h
$131.4K
Depth
$13.2K
Depth /bp ≈
$34
Best spread
19.7
Turnover
9.9×/d
OI ÷ depth
11×

Where it trades

Open interest$151.3K
BIN 100%
Volume 24h$131.4K
BIN 100%
Depth, 20 levels$13.2K
BIN 100%
Depth per bp ≈$34
BIN 100%

Where to trade it

Most depth per bp
BIN USDT$34/bp
Most depth, 20 levels
BIN USDT$13.2K
Tightest spread
BIN USDT19.7 bps
Most volume
BIN USDT$131.4K

Binance USDT leads on every measure here.

By hour, last day

show

Contracts

ContractOIVol 24hDepthBid | askSpread/bp ≈
BINUSDT$151.3K$131.4K$13.2K19.7$34

Bold is the best on each measure. Spread is the day's median; /bp is an estimate, depth over 20 levels × the spread.

HK0625 on the markets dashboard: price, funding, open interest and order flow, contract by contract →

Ask your agent where and when HK0625 is cheapest to trade. Start in Claude · Claude Code · Codex · See the prompt

/ search↵ open coinesc close1–3 venue? how it is measuredEvery number is from Aperiodic's own 5m bars, 15 minutes behind.