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 00:45–00:50 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$46.17B-5.13% 24h
Volume 24h$120.61B
Order books$362.8M≈ $39.9M per bp
Book turnover332×/daythe book trades every 4 min
OI ÷ depth127×books of open positions
Holding time9.2 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 8.2 h on Binance.
  • OKX trades through its resting book 441× a day, Hyperliquid 125×: the same dollar of depth works 3.5× harder on OKX.
  • The busiest hour was 14:50–15:50 UTC: $12.81B traded, 3.5× the median hour.
  • It was also the hour the book was most stretched: volume came to 28× the depth resting against it, 3.4× the usual.
VenuesBINOKXHL
Open interest$46.17B
BIN 57%
HL 27%
Volume 24h$120.61B
BIN 64%
OKX 25%
Depth, 20 levels$362.8M
BIN 53%
OKX 19%
HL 29%
Depth per bp ≈$39.9M
BIN 53%
OKX 17%
HL 30%
VenueOIVol 24hDepthTurnsOI÷depthHold
BIN$26.46B$77.52B$191.1M406×138×8.2 h
OKX$7.34B$30.11B$68.3M441×108×5.9 h
HL$12.37B$12.98B$103.4M125×120×23 h
open_interest · ohlcv · l2_liquidity5m bars · 15 min behind
Liquidity by hourvenueshow
0$7.5B$15B00:5003:5006:5009:5012:5015:5018:5021:50
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 coins988 coins · 3 venues

#CoinDepth by venue
1BTC$39.44B$14.12B-3.47%$15.8M$12.8M0.0152,497×894×
2ETH$23.08B$9.89B-0.10%$22.9M$7.5M0.0521,008×432×
3SOXL$6.54B$242.1M-13.64%$4.8M$152.8K1.571,364×50×
4ZEC$3.88B$928.4M-2.69%$276.5K$122.3K0.1114,018×3,358×
5SOL$3.73B$1.46B-2.41%$24.3M$1.2M0.13154×60×
6SNDK$3.21B$315.6M+6.45%$3.6M$221.1K0.11892×88×
7NVDA$2.70B$463.1M+10.23%$1.8M$149.7K0.611,479×254×
8XAU$2.35B$679.7M-7.99%$3.2M$2.1M0.026732×212×
9AKE$1.76B$62.6M+1.44%$24.7K$4642.1371,066×2,533×
10SPCX$1.74B$429.0M-2.48%$3.7M$262.4K0.71466×115×
11HYPE$1.59B$2.03B-1.54%$425.1K$153.6K0.143,743×4,772×
12XRP$1.31B$514.9M-2.43%$14.2M$727.2K0.9892×36×
13SKHYNIX$1.15B$342.3M+8.65%$646.1K$57.3K0.111,773×530×
14SOXS$1.02B$50.3M-1.29%$1.2M$27.2K2.12885×43×
15MU$937.3M$155.3M-4.34%$192.7K$75.4K0.134,865×806×
16KORU$789.2M$63.8M+1.93%$11.8M$53.8K1.2867×5.4×
17XAG$781.1M$270.1M+3.62%$9.8M$245.9K2.0079×27×
18XYZ:NVDA$750.9M$391.6M-6.46%$4.3M$348.7K0.61175×91×
19BNB$730.2M$476.6M+1.35%$694.9K$157.1K0.161,051×686×
20PEPE$681.9M$127.5M-1.56%$192.0K$38.0K0.223,551×664×
21BARD$680.5M$12.9M+5.63%$607.0K$4.2K7.131,121×21×
22NEAR$665.9M$361.1M+0.27%$5.8M$148.1K0.29114×62×
23DOGE$653.0M$303.3M-3.00%$9.1M$319.5K0.4672×33×
24CL$652.5M$197.5M+0.66%$4.7M$206.3K1.14138×42×
25XYZ:XYZ100$548.4M$285.9M+25.18%$3.8M$538.9K0.35143×75×
26XYZ:SP500$548.2M$474.5M-0.89%$6.7M$2.5M0.1382×71×
27BZ$522.0M$174.2M-10.59%$3.1M$143.0K1.07171×57×
28QQQ$484.0M$122.0M-6.48%$871.8K$299.6K0.15555×140×
29SKHY$433.5M$171.2M-3.02%$952.7K$64.1K0.74455×180×
30SNXX$422.9M$26.4M+4.11%$1.3M$25.9K2.58315×20×
31MSTR$366.4M$83.2M-1.60%$1.1M$60.7K0.90337×76×
32UNI$347.3M$208.0M-3.38%$3.5M$101.7K1.04100×60×
33AMD$334.5M$44.8M-20.22%$53.3K$11.9K0.196,271×839×
34ENA$295.5M$131.2M-2.48%$725.3K$36.9K0.73407×181×
35SUI$290.7M$133.3M-0.25%$4.2M$168.1K1.1069×32×
36XYZ:SOXL$283.0M$22.0M-25.27%$145.0K$6.5K1.121,951×151×
37GOOGL$273.6M$182.9M-5.99%$556.8K$83.6K0.33491×328×
38NBIS$242.4M$79.2M+19.62%$185.9K$8.8K0.881,304×426×
39TQQQ$237.1M$33.7M-9.84%$788.2K$23.4K1.68301×43×
40TSLA$235.6M$68.9M-1.07%$186.8K$37.1K0.251,261×369×
41PUMP$235.2M$126.0M+0.74%$5.0M$86.8K2.9047×25×
42ADA$233.0M$111.1M+0.95%$13.0M$121.7K2.3418×8.5×
43SHELL$222.6M$8.4M+178.98%$53.1K$4275.164,190×158×
44XYZ:SKHX$215.2M$275.0M+1.28%$133.9K$10.3K0.651,608×2,054×
45WLD$201.5M$116.7M-5.16%$4.2M$65.4K1.3648×28×
46XYZ:SNDK$199.5M$94.0M+3.16%$253.0K$21.9K0.58789×372×
47LINK$197.5M$147.7M-0.11%$1.9M$91.2K1.01105×78×
48INJ$197.3M$51.3M+16.81%$865.5K$30.9K1.27228×59×
49INTC$196.8M$115.3M-2.36%$2.0M$59.6K1.65100×59×
50AVAX$192.8M$114.0M-3.24%$2.1M$87.2K1.2091×54×
51CRCL$189.8M$108.7M+0.75%$1.4M$45.2K1.60132×75×
52SPY$182.2M$51.8M+7.86%$704.2K$266.9K0.13259×74×
53LIT$173.8M$178.6M-1.05%$97.4K$6.1K0.311,784×1,834×
54MUU$169.1M$7.6M+14.86%$1.6M$14.4K5.65104×4.7×
55SAMSUNG$163.8M$29.9M+11.54%$216.1K$16.6K0.65758×138×
56JCT$163.1M$13.2M+19.68%$77.9K$8194.762,092×169×
57AAVE$161.1M$104.0M-3.24%$1.1M$52.7K0.90152×98×
58INIT$160.8M$12.3M-5.48%$52.9K$1.0K1.723,039×232×
59IDOL$150.8M$15.3M+3.75%$6.4K$953.3923,515×2,384×
60DRAM$146.2M$32.0M-4.70%$2.5M$53.5K2.3259×13×
61TAO$145.7M$91.3M-1.65%$385.8K$21.3K0.47378×237×
62XYZ:SPCX$144.0M$122.2M-7.40%$2.1M$146.3K0.7169×58×
63XMR$142.4M$165.1M-10.27%$58.0K$5.2K0.192,455×2,845×
64SOPH$141.5M$8.1M+37.86%$313.3K$1.8K6.15452×26×
65CBRS$139.8M$12.7M-5.42%$75.1K$2.2K1.711,861×169×
66XYZ:SILVER$137.9M$153.8M-15.22%$174.8K$42.8K0.20789×880×
67AGT$136.5M$21.2M-14.26%$24.2K$3513.465,629×875×
68BCH$128.7M$88.3M-0.40%$310.8K$23.8K0.45414×284×
69ARB$125.5M$68.6M+4.15%$498.0K$22.7K0.69252×138×
70TRUMP$125.5M$47.9M-7.84%$7.7M$45.0K2.7216×6.2×
71LTC$122.6M$109.8M-0.47%$4.5M$113.0K1.2327×24×
72ARIA$117.6M$20.4M+1.80%$7.1K$1163.0416,610×2,885×
73BTW$112.6M$15.8M+11.09%$22.6K$3962.494,982×698×
74FIL$108.8M$58.7M+3.70%$1.5M$50.0K1.3874×40×
75XYZ:BRENTOIL$107.5M$298.9M-4.42%$129.0K$30.1K0.21834×2,318×
76EWY$106.6M$29.6M-1.25%$611.0K$44.0K0.69174×48×
77XYZ:MU$102.5M$146.9M-4.80%$154.5K$10.4K0.74663×951×
78MRVL$101.8M$22.7M+3.17%$172.4K$10.5K0.65591×132×
79CRWV$101.4M$19.4M+4.09%$621.3K$15.1K1.81163×31×
80XYZ:AMD$99.3M$40.9M-34.09%$170.8K$8.9K0.96581×240×
81LITE$93.5M$14.3M-7.63%$26.0K$1.6K0.653,591×549×
82XYZ:DRAM$92.8M$67.3M-8.61%$340.7K$14.7K1.16272×197×
83NATGAS$92.7M$23.4M-14.46%$904.1K$16.6K2.72103×26×
84XYZ:CL$92.6M$144.2M-16.63%$241.9K$52.9K0.23383×596×
85ONDO$89.0M$55.3M-1.52%$2.2M$38.4K2.5840×25×
86TIA$88.6M$24.9M-3.34%$697.6K$13.3K2.43127×36×
87PAXG$84.5M$116.0M-0.22%$355.9K$306.2K0.026237×326×
88KGEN$81.8M$4.9M-8.65%$20.8K$3242.683,942×237×
89ANTHROPIC$81.6M$137.2M-0.07%$53.7K$2.6K0.371,521×2,556×
90AAPL$78.6M$76.5M+4.66%$332.1K$59.2K0.28237×231×
91ZHONGJI$77.7M$10.6M+23.09%$90.8K$2.6K1.39855×117×
92BULLA$74.5M$4.4M+25.56%$9.7K$766.417,651×453×
93ZRO$70.6M$77.1M+2.32%$128.1K$3.4K0.64551×602×
94XLM$69.3M$47.0M-3.37%$552.8K$29.4K0.68125×85×
95SQQQ$68.3M$12.3M+10.45%$575.5K$11.9K2.42119×21×
96XYZ:SKHY$67.3M$111.3M-0.91%$644.0K$42.0K0.77105×173×
97UNITREE$65.7M$25.4M-4.75%$166.4K$8.5K0.97395×153×
98PONS$63.3M$27.8M-3.20%$451.9K$3.3K6.68140×62×
99COIN$63.3M$20.0M-3.84%$181.0K$9.4K0.78350×110×
100AAOI$63.1M$16.3M+2.53%$180.2K$4.6K1.91350×90×

XYZ:NET

1 contract
OI
$1.9M
OI 24h
-5.31%
Vol 24h
$1.4M
Depth
$111.6K
Depth /bp ≈
$572
Best spread
9.76
Turnover
12×/d
OI ÷ depth
17×

Where it trades

Open interest$1.9M
HL 100%
Volume 24h$1.4M
HL 100%
Depth, 20 levels$111.6K
HL 100%
Depth per bp ≈$572
HL 100%

Where to trade it

Most depth per bp
HL USDC$572/bp
Most depth, 20 levels
HL USDC$111.6K
Tightest spread
HL USDC9.76 bps
Most volume
HL USDC$1.4M

Hyperliquid USDC leads on every measure here.

By hour, last day

show

Contracts

ContractOIVol 24hDepthBid | askSpread/bp ≈
HLUSDC$1.9M$1.4M$111.6K9.76$572

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

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

Ask your agent where and when XYZ:NET 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.