ORDER perps

Perp · Binance, OKX · #413 by volume

0.03073+0.13% 24h

Binance USDT · 24h 0.02900 – 0.03145

24h volume: $3.1M; #413 of 914
Open interest: $2.3M; −0.4% contracts · 24h
Spread: 6.49 bps; median · 24h
Size at best price: $329; mean · 24h
Net taker flow: −$130.9K; every contract · 24h
Funding: +0.0050%; per period · BIN

Aperiodic metrics · ORDER · 24 h

Every metric on ORDER, bar by bar →

Are takers buying or selling ORDER?

Flow

Takers sold $130.4K more than they bought on Binance and OKX over 24 h; the heaviest hour, 02:25 UTC, saw $44.9K.

+$44.9K0−$44.9K

23:25 UTCnow

flow.volume_delta_notionalbusiest contract on each venue · hourly · 24 h

What does it cost to cross ORDER's spread?

L1 liquidity

6.49 bps median on Binance USDT, wider than 89% of the 200 most traded perps.

#1BTC0.015 bps
#2ETH0.051 bps
#3SOXL1.56 bps
#5SOL1.25 bps
#10AKE3.18 bps
#25XYZ:XYZ1000.35 bps
#50MUU5.64 bps
#100MVLL8.76 bps
#200AIN2.70 bps
#413ORDER6.49 bps

l1_liquidity.spread_bpsbusiest contract · median · 24 h

How much size waits at ORDER's best price?

L1 liquidity

$329 at the best bid and ask on Binance USDT, on average, thinner than 90% of the 200 most traded perps.

#1BTC$651.7K
#2ETH$269.8K
#3SOXL$86.9K
#5SOL$157.5K
#10AKE$553
#25XYZ:XYZ100$165.1K
#50MUU$22.4K
#100MVLL$13.7K
#200AIN$180
#413ORDER$329

l1_liquidity.total_dollar_depthbusiest contract · mean · 24 h

Which way is ORDER's book leaning?

L2 imbalance

Leaned to the ask in 17 of 24 hours on Binance USDT; 50% bids over the day.

56% bid044% bid

23:25 UTCnow

l2_imbalance.imbalance_ratio_10Binance USDT · top 10 levels · hourly

Where does ORDER trade?

OHLCV

Binance USDT took 83% of $3.1M traded in 24 h.

volume sharespread

Binance USDT83%6.49
OKX USDT17%6.50

ohlcv.volume_notionaleach contract · 24 h

Does ORDER trade away from its index?

Basis

12.4 bps above its index on Binance USDT now; 1.06 bps to 26.8 bps above over 24 h.

+26.8 bps0−26.8 bps

23:25 UTCnow

basis.basis_bpsBinance USDT · hourly

Is leverage building in ORDER?

Open interest

$2.3M open across 2 contracts: −0.4% in contracts, −0.7% in dollars over 24 h.

$2.4M$2.2M

23:25 UTCnow

open_interest.open_interestbusiest contract on each venue · hourly

Who pays funding on ORDER?

Funding

Longs pay on 2 of 2 contracts; Binance USDT charges +0.0050% a period.

Binance USDT+0.0050%
OKX USDT+0.0050%

← shorts paylongs pay →

funding.funding_rateeach contract · per funding period · now

ORDER's 2 contracts · now

Named by Atlas →

Contract	Price	24h	Volume 24h	Open interest	Funding	Spread	Charts
Binance USDTperpetual-ORDER-USDT:USDT	0.03073	+0.13%	$2.6M	$1.9M	+0.0050%	6.49	Charts →
OKX USDTperpetual-ORDER-USDT:USDT	0.03071	+0.16%	$517.2K	$455.5K	+0.0050%	6.50	Charts →

History · a year of 5m bars per series · busiest contract on each venue

Every chart for ORDER →

Python

import os
from datetime import date

from aperiodic import get_derivative_metrics, get_metrics

# aperiodic.io/markets: ORDER on Binance and OKX
# 5m bars, 2025-11-12 to 2026-11-12. Install: pip install "aperiodic[polars]"
# Needs an API key (https://aperiodic.io/home/api) on a plan with flow, basis, open_interest, funding (Pro) and l1_liquidity, l2_imbalance (Prime).
# OKX: okx-perps l1_liquidity and l2_liquidity count contracts, not coins (BTC-USDT-SWAP is 0.01 BTC each). Multiply by the contract size to match the page.
API_KEY = os.environ["APERIODIC_API_KEY"]
# timestamp="true" keys bars on capture time, as on the page; "exchange" keys them on exchange time.
PERIOD = dict(
    interval="5m",
    timestamp="true",
    start_date=date(2025, 11, 12),
    end_date=date(2026, 11, 12),
)
CONTRACTS = [
    ("binance-futures", "perpetual-ORDER-USDT:USDT"),
    ("okx-perps", "perpetual-ORDER-USDT:USDT"),
]

frames = {}
for exchange, symbol in CONTRACTS:
    frames["flow", exchange, symbol] = get_metrics(
        api_key=API_KEY,
        metric="flow",
        exchange=exchange,
        symbol=symbol,
        **PERIOD,
    )
    frames["l1_liquidity", exchange, symbol] = get_metrics(
        api_key=API_KEY,
        metric="l1_liquidity",
        exchange=exchange,
        symbol=symbol,
        **PERIOD,
    )
    frames["l2_imbalance", exchange, symbol] = get_metrics(
        api_key=API_KEY,
        metric="l2_imbalance",
        exchange=exchange,
        symbol=symbol,
        **PERIOD,
    )
    frames["basis", exchange, symbol] = get_derivative_metrics(
        api_key=API_KEY,
        metric="basis",
        exchange=exchange,
        symbol=symbol,
        **PERIOD,
    )
    frames["open_interest", exchange, symbol] = get_derivative_metrics(
        api_key=API_KEY,
        metric="open_interest",
        exchange=exchange,
        symbol=symbol,
        **PERIOD,
    )
    frames["funding", exchange, symbol] = get_derivative_metrics(
        api_key=API_KEY,
        metric="funding",
        exchange=exchange,
        symbol=symbol,
        **PERIOD,
    )

Every number is from Aperiodic's own 5-minute bars, 15 minutes behind.

Contract

Price

24h

Volume 24h

Open interest

Funding

Spread

Binance USDTperpetual-ORDER-USDT:USDT

0.03073

+0.13%

$2.6M

$1.9M

+0.0050%

6.49

Charts →

OKX USDTperpetual-ORDER-USDT:USDT

0.03071

+0.16%

$517.2K

$455.5K

+0.0050%

6.50

Charts →

import os from datetime import date from aperiodic import get_derivative_metrics, get_metrics # aperiodic.io/markets: ORDER on Binance and OKX # 5m bars, 2025-11-12 to 2026-11-12. Install: pip install "aperiodic[polars]" # Needs an API key (https://aperiodic.io/home/api) on a plan with flow, basis, open_interest, funding (Pro) and l1_liquidity, l2_imbalance (Prime). # OKX: okx-perps l1_liquidity and l2_liquidity count contracts, not coins (BTC-USDT-SWAP is 0.01 BTC each). Multiply by the contract size to match the page. API_KEY = os.environ["APERIODIC_API_KEY"] # timestamp="true" keys bars on capture time, as on the page; "exchange" keys them on exchange time. PERIOD = dict( interval="5m", timestamp="true", start_date=date(2025, 11, 12), end_date=date(2026, 11, 12), ) CONTRACTS = [ ("binance-futures", "perpetual-ORDER-USDT:USDT"), ("okx-perps", "perpetual-ORDER-USDT:USDT"), ] frames = {} for exchange, symbol in CONTRACTS: frames["flow", exchange, symbol] = get_metrics( api_key=API_KEY, metric="flow", exchange=exchange, symbol=symbol, **PERIOD, ) frames["l1_liquidity", exchange, symbol] = get_metrics( api_key=API_KEY, metric="l1_liquidity", exchange=exchange, symbol=symbol, **PERIOD, ) frames["l2_imbalance", exchange, symbol] = get_metrics( api_key=API_KEY, metric="l2_imbalance", exchange=exchange, symbol=symbol, **PERIOD, ) frames["basis", exchange, symbol] = get_derivative_metrics( api_key=API_KEY, metric="basis", exchange=exchange, symbol=symbol, **PERIOD, ) frames["open_interest", exchange, symbol] = get_derivative_metrics( api_key=API_KEY, metric="open_interest", exchange=exchange, symbol=symbol, **PERIOD, ) frames["funding", exchange, symbol] = get_derivative_metrics( api_key=API_KEY, metric="funding", exchange=exchange, symbol=symbol, **PERIOD, )