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 08:20–08:25 UTC · 1,654 perpetuals

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

Open interest$52.27B-0.84% 24h
Volume 24h$23.20B
Order books$372.3M≈ $61.9M per bp
Book turnover62×/daythe book trades every 23 min
OI ÷ depth140×books of open positions
Holding time2.3 daysOI ÷ hourly volume

What stands out · last 24 h

  • Hyperliquid holds 28% of open interest but trades 8.1% of the volume: a position there stays open about 7.8 days, against 46 h on Binance.
  • Binance trades through its resting book 75× a day, Hyperliquid 22×: the same dollar of depth works 3.5× harder on Binance.
  • Measured per basis point of price instead of per 20 levels, Hyperliquid's share of depth falls from 23% to 13% and OKX's rises from 22% to 31%: coarser ticks spread the same 20 levels wider.
  • The busiest hour was 15:25–16:25 UTC: $1.97B traded, 2.2× the median hour.
VenuesBINOKXHL
Open interest$52.27B
BIN 56%
HL 28%
Volume 24h$23.20B
BIN 66%
OKX 26%
Depth, 20 levels$372.3M
BIN 54%
OKX 22%
HL 23%
Depth per bp ≈$61.9M
BIN 56%
OKX 31%
VenueOIVol 24hDepthTurnsOI÷depthHold
BIN$29.46B$15.22B$202.4M75×146×46 h
OKX$8.18B$6.11B$83.5M73×98×32 h
HL$14.63B$1.88B$86.3M22×170×7.8 days
open_interest · ohlcv · l2_liquidity5m bars · 15 min behind
Liquidity by hourvenueshow
0$1B$2B08:2511:2514:2517:2520:2523:2502:2505:25
ohlcv · open_interest · l2_liquidity5m bars · 15 min behind
Liquidity map
$10M$100M$1B$10K$100K$1M$10MBTCETHSOLZECONESWARMS10×100×1,000×10,000×
ohlcv · open_interest · l2_liquidity5m bars · 15 min behind
Open interest on the book
open_interest · l2_liquidity5m bars · 15 min behind

All coins964 coins · 3 venues

#CoinDepth by venue
1BTC$4.75B$15.74B-0.00%$15.4M$26.6M0.013309×1,023×
2ETH$3.82B$12.07B-0.27%$21.4M$6.0M0.045179×564×
3ZEC$2.46B$1.37B-0.72%$1.6M$238.0K0.0791,579×879×
4SOL$892.4M$1.80B+0.13%$25.0M$1.6M0.1136×72×
5ONE$683.7M$13.8M-7.79%$21.6K$4581.9631,604×640×
6SOXL$555.2M$426.2M-0.99%$3.5M$79.7K2.18160×122×
7XRP$541.8M$725.3M-0.14%$14.8M$861.3K0.8637×49×
8AKE$488.7M$21.9M-10.83%$85.5K$2.3K1.855,713×256×
9IDOL$477.0M$32.0M+6.59%$8.2K$1792.3057,847×3,887×
10SNDK$437.5M$469.7M-0.48%$1.8M$135.7K0.12248×266×
11HYPE$406.9M$2.23B-0.26%$395.8K$153.4K0.131,028×5,630×
12NEAR$278.9M$372.4M-0.95%$6.1M$160.3K0.2746×61×
13PEPE$261.9M$153.4M+0.47%$156.7K$33.9K0.201,672×979×
14PUMP$241.1M$151.2M-4.91%$6.2M$113.2K2.7239×25×
15XAU$213.2M$581.1M-1.01%$5.7M$6.1M0.02537×102×
16DOGE$187.2M$378.8M+1.44%$10.1M$395.0K0.4219×38×
17UNI$163.4M$280.0M-1.09%$2.2M$77.1K1.3975×129×
18BNB$158.6M$514.7M+0.54%$1.1M$326.9K0.14138×449×
19ENA$156.1M$159.5M-0.16%$752.0K$44.1K0.63208×212×
20LIT$148.2M$183.7M-2.10%$91.9K$6.8K0.311,613×2,000×
21BCH$145.6M$103.9M-0.02%$414.0K$35.0K0.39352×251×
22KOMA$129.5M$13.2M+42.45%$7.8K$1103.5416,650×1,699×
23JCT$128.8M$13.7M+4.42%$52.0K$7273.582,476×264×
24ICNT$119.1M$9.7M+10.06%$67.4K$1.1K3.161,767×143×
25MU$118.8M$264.6M+0.19%$163.3K$56.5K0.14728×1,620×
26CL$118.3M$222.3M+0.70%$7.5M$336.6K1.1116×30×
27SOXS$110.0M$53.6M-0.65%$797.8K$28.5K1.40138×67×
28WLD$107.0M$135.8M+1.22%$2.9M$49.3K1.4738×48×
29AIN$104.5M$23.1M-3.40%$8.5K$2511.6912,300×2,723×
30TRUMP$100.5M$60.9M-1.31%$8.5M$53.0K2.5312×7.1×
31ACT$96.7M$7.2M+6.93%$19.3K$2982.855,018×371×
32SUI$88.5M$149.0M+1.28%$3.4M$147.9K0.8226×44×
33SKHYNIX$84.0M$459.9M+0.05%$728.6K$51.7K0.11115×631×
34UAI$83.2M$6.9M+70.38%$299.4K$1.8K8.17278×23×
35LINK$82.0M$169.0M+2.06%$2.6M$138.3K0.9332×66×
36MET$79.6M$9.3M+26.74%$303.6K$4.3K3.22262×31×
37CAP$79.5M$34.8M-2.67%$59.0K$1.2K1.971,349×591×
38XMR$71.6M$206.8M-1.37%$251.1K$76.0K0.16285×824×
39ARB$70.9M$75.9M+1.58%$458.5K$27.6K0.60155×165×
40AAVE$70.3M$123.8M-0.71%$979.2K$61.2K0.7672×126×
41INJ$63.9M$41.8M+0.78%$1.0M$39.1K1.2262×41×
42KORU$63.3M$106.6M-1.07%$12.9M$45.1K14.34.9×8.3×
43CYBER$62.0M$4.3M-19.15%$107.2K$1.6K3.30578×40×
44ADA$60.8M$116.5M+1.74%$12.9M$127.7K2.194.7×9.0×
45CT$59.7M$8.3M+10.45%$42.6K$1.3K1.591,400×195×
46XYZ:XYZ100$59.6M$277.4M-3.42%$2.3M$305.9K0.3726×122×
47FIL$59.0M$65.6M+1.63%$1.7M$68.8K1.0234×38×
48LYN$58.0M$12.6M-6.03%$27.0K$3473.892,147×467×
49ANTHROPIC$55.0M$99.5M+6.78%$17.4K$5491.483,159×5,711×
50SIGN$50.7M$3.3M+73.71%$31.8K$4003.321,596×104×
51SNXX$49.4M$32.6M+1.52%$9.3M$18.4K3.075.3×3.5×
52BZ$47.1M$201.0M-0.53%$4.4M$216.4K1.0311×45×
53BTW$45.7M$20.7M-0.68%$21.5K$9640.862,119×959×
54AIOT$45.4M$7.8M+33.73%$15.5K$1794.342,922×503×
55AVAX$41.6M$97.0M-0.70%$2.3M$93.7K1.2218×42×
56TAO$40.8M$95.5M-0.43%$495.8K$35.6K0.4582×193×
57LTC$39.7M$120.4M+1.37%$4.2M$114.5K0.969.5×29×
58SKHY$39.4M$201.9M-1.22%$1.3M$83.9K0.7830×155×
59SPCX$38.9M$547.6M-0.12%$5.4M$364.8K0.747.2×101×
60PONS$38.5M$32.4M+3.92%$548.8K$5.0K5.1970×59×
61MSTR$37.4M$101.7M-0.69%$875.4K$55.9K0.7843×116×
62ONDO$35.1M$60.3M+0.59%$2.0M$37.7K1.6517×30×
63QNT$33.4M$19.5M-1.18%$86.6K$7.3K0.51386×225×
64QQQ$33.1M$163.3M-0.66%$419.6K$137.9K0.1579×389×
65NVDA$33.0M$96.6M+0.18%$1.8M$166.3K0.5319×55×
66EVAA$31.2M$13.7M+10.86%$8.1K$1782.273,879×1,707×
67TIA$30.5M$29.7M+1.33%$809.9K$16.5K2.2738×37×
68BMT$30.3M$5.8M+22.98%$140.9K$1.6K4.40215×41×
69STRK$30.0M$43.2M-0.63%$1.6M$23.5K2.4919×27×
70HMSTR$29.8M$5.3M+28.11%$525.9K$1.8K7.6457×10×
71XPL$29.2M$80.3M+1.20%$381.0K$10.5K1.7577×211×
72XYZ:BRENTOIL$29.2M$393.2M-0.63%$189.6K$92.1K0.10154×2,074×
73XYZ:CL$27.9M$177.2M+1.04%$175.3K$79.0K0.11159×1,011×
74PENGU$27.9M$38.9M+0.90%$1.1M$27.4K1.5725×35×
75ARIA$27.6M$17.5M+0.38%$7.8K$2181.803,529×2,231×
76DOT$27.1M$43.1M+2.21%$1.1M$43.9K1.1126×41×
77ESPORTS$26.5M$8.1M-6.76%$8.7K$2331.873,056×931×
78XLM$26.5M$51.1M+2.49%$733.8K$44.5K0.6636×70×
79XYZ:SNDK$25.9M$139.1M+1.08%$532.6K$111.2K0.2449×261×
80TA$24.7M$13.3M-2.50%$16.5K$2633.131,501×805×
81TRX$24.7M$101.1M+0.54%$407.5K$52.3K0.3161×248×
82XYZ:SP500$24.7M$385.9M+0.48%$886.5K$108.9K0.4128×435×
83INTC$24.5M$157.4M-0.46%$2.1M$60.2K1.7811×73×
84AERO$23.9M$58.5M-0.21%$330.2K$8.6K1.6572×177×
85BIRB$22.8M$4.4M-0.61%$20.7K$9311.111,101×210×
86HUMA$22.8M$9.7M+1.60%$107.2K$9711.67213×90×
87MEGA$22.2M$20.0M+6.83%$132.3K$2.1K2.02168×151×
88ERA$22.0M$5.7M+13.91%$36.3K$1.3K1.39607×157×
89USELESS$21.8M$23.3M-2.99%$77.3K$1.8K0.77282×301×
90APT$21.7M$22.9M-0.07%$752.7K$18.7K1.6729×30×
91DASH$21.1M$21.1M+0.30%$626.6K$13.2K2.1434×34×
92GOOGL$21.0M$239.9M-0.34%$667.2K$95.0K0.3531×360×
93ZRO$20.5M$89.3M-0.80%$188.0K$8.9K0.62109×475×
94LSK$20.4M$6.5M+0.94%$10.9K$9720.561,859×597×
95STX$20.1M$12.1M+1.71%$252.6K$3.7K2.9480×48×
96WLFI$20.0M$189.1M+0.51%$620.6K$13.3K2.1632×305×
97APR$19.7M$10.5M-0.34%$95.8K$2.0K2.44206×109×
98XAG$19.3M$284.8M-0.26%$9.9M$258.4K1.922.0×29×
99SWARMS$19.3M$4.9M+28.50%$15.5K$1365.681,248×313×
100ETHFI$19.2M$37.9M+1.18%$250.9K$5.8K1.7076×151×

SWARMS

1 contract
OI
$4.9M
OI 24h
+28.50%
Vol 24h
$19.3M
Depth
$15.5K
Depth /bp ≈
$136
Best spread
5.68
Turnover
1,248×/d
OI ÷ depth
313×

Where it trades

Open interest$4.9M
BIN 100%
Volume 24h$19.3M
BIN 100%
Depth, 20 levels$15.5K
BIN 100%
Depth per bp ≈$136
BIN 100%

Where to trade it

Most depth per bp
BIN USDT$136/bp
Most depth, 20 levels
BIN USDT$15.5K
Tightest spread
BIN USDT5.68 bps
Most volume
BIN USDT$19.3M

Binance USDT leads on every measure here.

By hour, last day

show

Contracts

ContractOIVol 24hDepthBid | askSpread/bp ≈
BINUSDT$4.9M$19.3M$15.5K5.68$136

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

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

Ask your agent where and when SWARMS 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.