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 01:25–01:30 UTC · 1,675 perpetuals

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

Open interest$46.11B-5.13% 24h
Volume 24h$118.87B
Order books$373.0M≈ $33.6M per bp
Book turnover319×/daythe book trades every 5 min
OI ÷ depth124×books of open positions
Holding time9.3 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 23 h, against 8.3 h on Binance.
  • OKX trades through its resting book 429× a day, Hyperliquid 123×: 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 54% to 49% and Hyperliquid's rises from 28% to 33%: coarser ticks spread the same 20 levels wider.
  • The busiest hour was 14:30–15:30 UTC: $13.51B traded, 3.8× the median hour.
VenuesBINOKXHL
Open interest$46.11B
BIN 57%
HL 27%
Volume 24h$118.87B
BIN 64%
OKX 25%
Depth, 20 levels$373.0M
BIN 54%
OKX 19%
HL 28%
Depth per bp ≈$33.6M
BIN 49%
OKX 18%
HL 33%
VenueOIVol 24hDepthTurnsOI÷depthHold
BIN$26.44B$76.32B$199.8M382×132×8.3 h
OKX$7.33B$29.73B$69.3M429×106×5.9 h
HL$12.34B$12.82B$104.0M123×119×23 h
open_interest · ohlcv · l2_liquidity5m bars · 15 min behind
Liquidity by hourvenueshow
0$7.5B$15B01:3004:3007:3010:3013:3016:3019:3022:30
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 coins987 coins · 3 venues

#CoinDepth by venue
1BTC$38.77B$14.11B-3.89%$17.2M$12.3M0.0152,256×821×
2ETH$22.88B$9.89B-0.24%$26.1M$4.1M0.052877×379×
3SOXL$6.43B$242.1M-13.66%$6.0M$190.5K1.571,073×40×
4ZEC$3.82B$922.6M-2.52%$260.5K$115.6K0.1114,659×3,542×
5SOL$3.77B$1.45B-2.38%$24.5M$1.3M0.13154×59×
6SNDK$3.18B$314.0M+5.10%$3.8M$229.3K0.11842×83×
7NVDA$2.68B$466.9M+11.11%$1.7M$139.5K0.611,575×274×
8XAU$2.22B$679.5M-7.10%$2.9M$2.0M0.026770×236×
9AKE$1.79B$63.5M+3.14%$30.7K$5871.9958,246×2,066×
10SPCX$1.73B$428.6M-2.57%$3.2M$222.8K0.71544×135×
11HYPE$1.57B$2.01B-1.42%$374.5K$135.2K0.144,196×5,380×
12XRP$1.30B$515.3M-1.84%$15.2M$776.5K0.9886×34×
13SKHYNIX$1.09B$342.1M+9.19%$763.4K$67.2K0.111,425×448×
14SOXS$1.01B$50.3M-0.95%$1.2M$28.9K2.12824×41×
15MU$921.2M$155.4M-5.09%$191.2K$74.8K0.134,819×813×
16KORU$755.8M$63.8M+2.15%$12.0M$56.0K1.2863×5.3×
17XAG$740.0M$270.8M+3.93%$13.2M$329.9K2.0056×21×
18XYZ:NVDA$739.3M$393.5M-5.46%$1.2M$96.1K0.61626×333×
19BNB$718.8M$476.6M+1.46%$637.4K$143.9K0.161,128×748×
20PEPE$673.8M$126.8M-1.75%$187.2K$36.5K0.223,599×677×
21BARD$666.4M$13.0M+0.19%$556.3K$3.9K7.131,198×23×
22NEAR$661.8M$357.7M+0.48%$5.7M$143.2K0.29115×62×
23DOGE$647.4M$302.1M-3.06%$9.6M$337.1K0.4668×32×
24CL$639.8M$197.4M+0.93%$9.4M$411.7K1.1468×21×
25XYZ:XYZ100$545.0M$284.8M+26.08%$4.5M$632.4K0.36121×63×
26XYZ:SP500$539.5M$477.7M+2.07%$989.2K$374.8K0.13545×483×
27QQQ$480.0M$122.4M-6.52%$824.4K$283.1K0.15582×148×
28BZ$471.9M$174.4M-5.86%$1.9M$89.9K1.07245×91×
29SNXX$418.8M$26.1M+4.40%$1.4M$26.2K2.58296×18×
30SKHY$417.4M$171.2M-2.53%$749.0K$50.4K0.74557×229×
31MSTR$357.7M$82.8M-1.73%$1.1M$61.4K0.90325×75×
32UNI$345.3M$207.3M-3.29%$3.5M$101.7K1.04100×60×
33AMD$330.4M$44.9M-20.16%$61.1K$12.3K0.195,406×735×
34ENA$293.8M$129.8M-2.81%$757.7K$38.3K0.73388×171×
35SUI$287.8M$132.5M-0.30%$4.4M$175.8K1.0166×30×
36XYZ:SOXL$278.9M$22.3M-21.52%$144.7K$6.5K1.111,927×154×
37GOOGL$271.0M$182.8M-5.92%$542.3K$81.4K0.33500×337×
38NBIS$240.0M$79.5M+19.82%$164.1K$7.7K0.881,462×484×
39PUMP$234.1M$125.2M+0.71%$5.0M$86.1K2.9047×25×
40TSLA$233.1M$68.9M-1.34%$172.4K$34.1K0.251,352×400×
41SHELL$231.3M$8.8M+189.16%$60.5K$4995.183,825×145×
42TQQQ$230.4M$33.8M-13.45%$708.1K$21.0K1.69325×48×
43ADA$228.9M$110.4M+0.70%$13.4M$125.1K2.3417×8.2×
44XYZ:SKHX$203.2M$274.7M+2.71%$152.7K$11.7K0.651,330×1,799×
45WLD$199.8M$115.9M-5.44%$4.2M$64.1K1.3648×28×
46INJ$198.5M$51.1M+16.70%$870.4K$31.3K1.26228×59×
47XYZ:SNDK$197.1M$93.6M+3.10%$192.7K$16.8K0.571,023×486×
48LINK$196.2M$146.7M-0.18%$2.1M$99.2K1.0196×72×
49INTC$193.1M$115.1M-2.54%$1.9M$58.2K1.65101×60×
50AVAX$191.4M$113.7M-3.25%$2.1M$86.3K1.2091×54×
51CRCL$188.2M$108.6M+0.44%$1.4M$45.3K1.60130×75×
52SPY$183.4M$52.7M+8.40%$660.2K$250.1K0.13278×80×
53LIT$173.8M$175.1M-1.11%$76.1K$4.4K0.312,284×2,301×
54MUU$167.2M$7.6M+13.70%$1.9M$17.2K5.6786×3.9×
55JCT$160.1M$13.0M+20.02%$72.3K$7594.762,214×179×
56AAVE$159.7M$103.5M-3.22%$1.1M$53.7K0.90146×94×
57INIT$156.4M$12.2M-3.79%$54.1K$1.1K1.702,890×226×
58SAMSUNG$153.8M$29.8M+16.72%$298.2K$22.9K0.65516×100×
59IDOL$150.1M$15.1M+3.79%$6.3K$943.3223,909×2,412×
60TAO$145.9M$91.3M-1.57%$371.4K$20.4K0.47393×246×
61SOPH$142.9M$8.2M+38.02%$280.1K$1.6K6.01510×29×
62XYZ:SPCX$140.4M$122.1M-7.67%$1.4M$96.7K0.71102×88×
63XMR$140.3M$164.6M-10.52%$54.0K$4.4K0.192,598×3,048×
64DRAM$138.7M$32.1M-2.91%$2.9M$61.6K2.3248×11×
65CBRS$137.8M$12.7M-6.31%$64.8K$1.9K1.712,126×196×
66XYZ:SILVER$132.8M$154.2M-15.27%$256.6K$62.8K0.20518×601×
67AGT$130.2M$20.6M-13.95%$24.1K$3423.525,412×857×
68BCH$127.5M$87.7M-0.31%$301.9K$22.3K0.45422×290×
69ARB$124.7M$67.8M+4.00%$545.5K$26.6K0.69229×124×
70TRUMP$124.0M$47.5M-7.81%$7.7M$44.8K2.7316×6.2×
71LTC$121.4M$109.6M-0.43%$4.6M$116.7K1.2326×24×
72ARIA$116.0M$20.6M+1.60%$4.7K$773.0324,927×4,433×
73BTW$110.8M$15.7M+10.45%$13.7K$2222.498,110×1,151×
74FIL$108.5M$58.5M+3.86%$1.5M$50.9K1.3873×39×
75EWY$101.5M$29.6M-5.13%$623.4K$44.8K0.69163×47×
76MRVL$100.0M$22.7M+3.33%$205.8K$12.1K0.65486×110×
77CRWV$99.0M$19.5M+4.64%$507.0K$12.4K1.81195×38×
78XYZ:MU$98.9M$147.2M-3.28%$155.0K$10.5K0.74638×950×
79XYZ:AMD$98.5M$41.1M-33.80%$113.5K$5.9K0.96868×362×
80XYZ:BRENTOIL$97.0M$300.1M-3.86%$122.0K$28.5K0.21795×2,460×
81LITE$92.1M$14.3M-8.16%$24.1K$1.6K0.653,826×594×
82NATGAS$90.8M$23.3M-15.29%$985.6K$18.1K2.7292×24×
83XYZ:CL$89.9M$144.4M-15.97%$272.6K$59.6K0.23330×530×
84ONDO$87.6M$54.9M-0.87%$2.1M$35.8K2.6042×26×
85TIA$86.8M$25.0M-4.14%$585.8K$11.0K2.43148×43×
86XYZ:DRAM$85.7M$67.5M-5.76%$346.7K$14.9K1.16247×195×
87PAXG$82.3M$115.9M+0.07%$359.1K$260.2K0.026229×323×
88KGEN$81.9M$4.9M-8.56%$20.1K$3142.674,069×241×
89ANTHROPIC$81.0M$136.7M+0.02%$49.8K$2.6K0.371,628×2,745×
90AAPL$78.1M$76.6M+4.78%$295.2K$52.6K0.28264×259×
91BULLA$76.5M$4.4M+26.95%$11.6K$866.796,588×375×
92ZHONGJI$73.6M$10.6M+9.75%$89.4K$2.5K1.39824×119×
93ZRO$70.4M$77.7M+2.44%$118.0K$3.0K0.64597×658×
94XLM$67.7M$46.7M-3.23%$577.1K$30.0K0.68117×81×
95SQQQ$67.6M$12.3M+9.41%$578.9K$12.0K2.41117×21×
96XYZ:SKHY$64.7M$111.0M-0.73%$603.6K$39.4K0.77107×184×
97AAOI$62.4M$16.2M+2.10%$214.2K$5.5K1.93291×76×
98UNITREE$62.3M$25.4M-6.42%$161.3K$8.3K0.97386×158×
99PONS$62.0M$27.6M-3.87%$516.0K$3.7K6.71120×53×
100COIN$61.9M$20.0M-3.26%$171.8K$9.3K0.78361×116×

XYZ:HO

1 contract
OI
$99.0K
OI 24h
-12.95%
Vol 24h
$30.9K
Depth
$77.7K
Depth /bp ≈
$82
Best spread
47.6
Turnover
0.4×/d
OI ÷ depth
1.3×

Where it trades

Open interest$99.0K
HL 100%
Volume 24h$30.9K
HL 100%
Depth, 20 levels$77.7K
HL 100%
Depth per bp ≈$82
HL 100%

Where to trade it

Most depth per bp
HL USDC$82/bp
Most depth, 20 levels
HL USDC$77.7K
Tightest spread
HL USDC47.6 bps
Most volume
HL USDC$30.9K

Hyperliquid USDC leads on every measure here.

By hour, last day

show

Contracts

ContractOIVol 24hDepthBid | askSpread/bp ≈
HLUSDC$99.0K$30.9K$77.7K47.6$82

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

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

Ask your agent where and when XYZ:HO 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.