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 23:55–00:00 UTC · 1,679 perpetuals

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

Open interest$46.16B-5.32% 24h
Volume 24h$122.90B
Order books$361.4M≈ $36.4M per bp
Book turnover340×/daythe book trades every 4 min
OI ÷ depth128×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 8.1 h on Binance.
  • OKX trades through its resting book 455× a day, Hyperliquid 126×: the same dollar of depth works 3.6× harder on OKX.
  • Measured per basis point of price instead of per 20 levels, Binance's share of depth falls from 52% to 43% and Hyperliquid's rises from 29% to 35%: coarser ticks spread the same 20 levels wider.
  • The busiest hour was 03:00–04:00 UTC: $12.60B traded, 3.2× the median hour.
VenuesBINOKXHL
Open interest$46.16B
BIN 57%
HL 27%
Volume 24h$122.90B
BIN 64%
OKX 25%
Depth, 20 levels$361.4M
BIN 52%
OKX 19%
HL 29%
Depth per bp ≈$36.4M
BIN 43%
OKX 22%
HL 35%
VenueOIVol 24hDepthTurnsOI÷depthHold
BIN$26.47B$78.87B$188.5M418×140×8.1 h
OKX$7.34B$30.76B$67.6M455×108×5.7 h
HL$12.35B$13.27B$105.3M126×117×22 h
open_interest · ohlcv · l2_liquidity5m bars · 15 min behind
Liquidity by hourvenueshow
0$7.5B$15B00:0003:0006:0009:0012:0015:0018:0021:00
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 coins988 coins · 3 venues

#CoinDepth by venue
1BTC$40.53B$14.14B-3.62%$16.8M$14.4M0.0152,416×843×
2ETH$23.26B$9.87B-0.04%$22.4M$4.2M0.0521,038×441×
3SOXL$6.64B$242.4M-13.34%$4.6M$147.2K1.561,443×53×
4ZEC$3.93B$926.0M-2.91%$266.8K$117.1K0.1114,712×3,471×
5SOL$3.73B$1.46B-2.65%$24.9M$1.3M0.13150×59×
6SNDK$3.30B$315.6M+6.57%$2.9M$216.8K0.111,145×109×
7NVDA$2.74B$460.2M+8.17%$1.9M$154.9K0.611,451×244×
8XAU$2.44B$680.1M-7.78%$2.9M$2.0M0.026828×231×
9SPCX$1.73B$437.2M-0.89%$2.9M$204.1K0.71593×150×
10AKE$1.70B$63.4M-0.37%$41.6K$7542.1940,795×1,523×
11HYPE$1.60B$2.03B-1.31%$479.5K$173.5K0.143,345×4,226×
12XRP$1.33B$513.6M-2.71%$13.7M$701.5K0.9897×37×
13SKHYNIX$1.28B$342.1M+8.30%$598.1K$59.7K0.112,137×572×
14SOXS$1.04B$50.7M-0.82%$1.1M$24.9K2.13983×48×
15MU$973.8M$155.4M-5.42%$194.7K$76.9K0.135,002×798×
16KORU$854.8M$64.2M+2.52%$11.4M$50.4K1.2775×5.6×
17XAG$795.2M$270.3M+4.22%$7.8M$196.0K2.00101×34×
18XYZ:NVDA$764.0M$390.4M-8.38%$1.7M$140.0K0.61445×227×
19BNB$739.6M$476.2M+1.76%$720.0K$168.9K0.161,027×661×
20PEPE$696.3M$126.2M-1.99%$107.8K$19.5K0.226,458×1,170×
21BARD$686.8M$12.3M+7.12%$714.9K$5.0K7.13961×17×
22NEAR$665.5M$360.2M+0.36%$6.3M$151.7K0.29105×57×
23DOGE$663.1M$302.1M-3.57%$9.3M$329.9K0.4671×32×
24CL$662.7M$198.1M+0.83%$5.1M$224.6K1.14129×39×
25XYZ:SP500$556.0M$474.0M-1.85%$7.2M$2.7M0.1377×66×
26XYZ:XYZ100$551.1M$287.0M+25.61%$3.9M$544.4K0.35143×74×
27BZ$529.4M$174.2M-11.06%$3.3M$152.4K1.07162×53×
28QQQ$488.7M$122.0M-6.13%$1.0M$350.0K0.15480×120×
29SKHY$481.3M$171.2M-3.16%$1.0M$70.7K0.74459×163×
30SNXX$434.4M$26.3M+6.39%$1.2M$23.6K2.57357×22×
31MSTR$375.0M$82.8M-1.15%$889.3K$49.7K0.89422×93×
32UNI$350.3M$207.9M-3.50%$3.5M$103.3K1.0599×59×
33AMD$338.6M$44.7M-20.27%$63.5K$13.6K0.195,336×704×
34ENA$296.4M$130.8M-2.55%$778.7K$40.6K0.73381×168×
35SUI$292.7M$133.0M-0.76%$4.5M$179.6K1.1065×30×
36XYZ:SOXL$287.6M$22.3M-23.55%$183.3K$7.5K1.231,569×121×
37GOOGL$278.3M$182.8M-6.38%$512.5K$76.9K0.33543×357×
38XYZ:SKHX$252.3M$274.7M-1.67%$129.6K$9.9K0.651,947×2,120×
39NBIS$246.7M$78.9M+19.64%$172.3K$8.3K0.871,432×458×
40TQQQ$241.4M$33.7M-9.61%$1.1M$33.0K1.68218×30×
41PUMP$238.9M$124.8M-0.82%$6.1M$105.5K2.9039×20×
42TSLA$238.6M$69.0M-0.09%$212.7K$42.3K0.251,122×325×
43ADA$236.4M$111.4M+0.90%$12.9M$122.6K2.3418×8.6×
44SHELL$209.7M$8.8M+181.27%$54.7K$4555.153,835×161×
45WLD$205.0M$116.3M-4.52%$4.1M$63.1K1.3650×29×
46XYZ:SNDK$203.8M$93.9M+3.02%$239.6K$20.8K0.57851×392×
47INTC$201.9M$115.3M-2.95%$1.7M$53.1K1.64116×66×
48LINK$200.7M$147.7M-0.60%$1.9M$93.3K1.01104×76×
49INJ$194.4M$50.8M+15.97%$972.6K$34.8K1.29200×52×
50AVAX$193.2M$113.3M-3.72%$2.5M$102.0K1.2078×46×
51CRCL$191.3M$108.6M+0.55%$1.4M$45.1K1.59133×76×
52SPY$183.4M$51.9M+8.05%$660.2K$250.3K0.13278×79×
53SAMSUNG$179.5M$30.1M+6.81%$247.0K$19.1K0.65727×122×
54MUU$175.5M$7.7M+14.43%$1.4M$12.8K5.64122×5.3×
55JCT$171.0M$13.1M+16.71%$67.5K$7134.742,532×195×
56LIT$171.0M$175.7M-1.15%$68.5K$3.9K0.312,497×2,565×
57INIT$165.1M$12.2M-4.13%$55.1K$1.0K1.732,995×222×
58AAVE$163.0M$103.9M-3.09%$1.2M$55.5K0.90138×88×
59DRAM$156.3M$32.1M-4.30%$2.1M$45.2K2.3275×15×
60IDOL$151.9M$15.3M+3.79%$6.0K$893.3725,462×2,556×
61TAO$146.8M$90.4M-2.36%$335.2K$17.7K0.47438×270×
62XMR$146.6M$164.6M-9.87%$60.6K$5.7K0.192,417×2,713×
63AGT$143.8M$21.1M-14.09%$21.7K$3233.366,630×972×
64XYZ:SPCX$141.8M$124.4M-6.41%$2.1M$150.6K0.7166×58×
65CBRS$141.8M$12.7M-4.50%$81.6K$2.3K1.711,737×156×
66XYZ:SILVER$139.1M$153.7M-15.24%$225.1K$55.3K0.20618×683×
67SOPH$138.3M$8.4M+38.62%$275.9K$1.6K6.28501×30×
68BCH$128.9M$88.1M-0.47%$305.3K$22.1K0.45422×288×
69ARB$127.5M$68.8M+4.51%$644.9K$29.0K0.69198×107×
70TRUMP$126.6M$48.0M-7.69%$8.1M$47.1K2.7216×5.9×
71LTC$123.5M$109.6M-0.26%$4.6M$116.0K1.2327×24×
72ARIA$120.6M$20.7M+2.24%$8.7K$1463.0013,789×2,366×
73EWY$116.2M$29.5M-0.50%$652.4K$47.0K0.69178×45×
74XYZ:BRENTOIL$111.6M$298.9M-4.95%$156.1K$36.4K0.21715×1,915×
75BTW$111.4M$16.1M+12.52%$17.9K$3192.356,225×901×
76FIL$109.0M$58.8M+3.15%$1.5M$50.8K1.3773×40×
77XYZ:MU$105.3M$146.9M-5.16%$163.6K$11.1K0.74644×898×
78CRWV$104.1M$19.5M+2.93%$614.5K$14.9K1.81169×32×
79MRVL$103.6M$22.6M+2.68%$155.8K$8.8K0.65665×145×
80XYZ:AMD$99.9M$40.7M-34.99%$253.5K$13.3K0.96394×161×
81NATGAS$97.5M$23.3M-15.10%$1.0M$18.9K2.7195×23×
82XYZ:DRAM$96.8M$66.7M-10.10%$364.7K$15.7K1.16265×183×
83XYZ:CL$95.6M$143.9M-17.41%$321.9K$70.4K0.23297×447×
84LITE$95.0M$14.3M-8.20%$27.1K$1.8K0.653,509×529×
85ONDO$89.8M$55.2M-1.06%$2.2M$38.2K2.5641×25×
86TIA$89.4M$25.3M-2.86%$583.0K$11.1K2.42153×43×
87PAXG$85.0M$116.2M+0.00%$413.8K$280.8K0.026205×281×
88ANTHROPIC$82.7M$137.1M-0.01%$56.2K$2.6K0.371,471×2,438×
89KGEN$82.5M$5.0M-8.74%$25.5K$4012.703,228×197×
90AAPL$79.2M$76.7M+4.73%$400.4K$71.4K0.28198×192×
91ZHONGJI$78.9M$10.6M+23.60%$85.5K$2.5K1.38923×124×
92XYZ:SKHY$76.4M$111.2M-2.45%$825.3K$54.0K0.7693×135×
93XLM$71.8M$46.8M-4.27%$618.4K$33.1K0.68116×76×
94BULLA$71.6M$4.2M+23.79%$10.3K$836.196,978×412×
95ZRO$70.5M$76.8M+2.46%$118.7K$3.1K0.64594×647×
96SQQQ$69.3M$12.2M+10.95%$672.4K$13.9K2.42103×18×
97UNITREE$66.9M$25.3M-4.87%$155.1K$8.0K0.97431×163×
98COIN$64.5M$19.9M-4.54%$202.6K$10.1K0.78318×98×
99AAOI$64.2M$16.3M+2.76%$201.3K$5.3K1.91319×81×
100PONS$64.0M$27.7M-3.68%$447.0K$3.3K6.64143×62×

XYZ:IBM

1 contract
OI
$13.4M
OI 24h
-15.22%
Vol 24h
$2.4M
Depth
$89.7K
Depth /bp ≈
$1.4K
Best spread
3.25
Turnover
27×/d
OI ÷ depth
149×

Where it trades

Open interest$13.4M
HL 100%
Volume 24h$2.4M
HL 100%
Depth, 20 levels$89.7K
HL 100%
Depth per bp ≈$1.4K
HL 100%

Where to trade it

Most depth per bp
HL USDC$1.4K/bp
Most depth, 20 levels
HL USDC$89.7K
Tightest spread
HL USDC3.25 bps
Most volume
HL USDC$2.4M

Hyperliquid USDC leads on every measure here.

By hour, last day

show

Contracts

ContractOIVol 24hDepthBid | askSpread/bp ≈
HLUSDC$13.4M$2.4M$89.7K3.25$1.4K

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

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

Ask your agent where and when XYZ:IBM 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.