RIVER perps

Perp · Binance, OKX · #231 by volume

0.74570-0.43% 24h

Binance USDT · 24h 0.69110 – 0.77420

24h volume: $10.6M; #231 of 910
Open interest: $5.1M; −1.5% contracts · 24h
Spread: 1.38 bps; median · 24h
Size at best price: $327; mean · 24h
Net taker flow: −$345.2K; every contract · 24h
Funding: +0.0050%; per period · BIN

Aperiodic metrics · RIVER · 24 h

Every metric on RIVER, bar by bar →

Are takers buying or selling RIVER?

Flow

Takers sold $344.2K more than they bought on Binance and OKX over 24 h; the heaviest hour, 02:20 UTC, saw $188.0K.

+$188.0K0−$188.0K

23:20 UTCnow

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

What does it cost to cross RIVER's spread?

L1 liquidity

1.38 bps median on Binance USDT, tighter than 63% of the 200 most traded perps.

#1BTC0.014 bps
#2ETH0.051 bps
#3SOXL1.56 bps
#5SOL1.25 bps
#10AKE3.20 bps
#25SP5000.13 bps
#50MUU5.64 bps
#100MVLL8.76 bps
#200AIN2.70 bps
#231RIVER1.38 bps

l1_liquidity.spread_bpsbusiest contract · median · 24 h

How much size waits at RIVER's best price?

L1 liquidity

$327 at the best bid and ask on Binance USDT, on average, thinner than 90% of the 200 most traded perps.

#1BTC$651.3K
#2ETH$269.7K
#3SOXL$87.0K
#5SOL$157.7K
#10AKE$562
#25SP500$105.4K
#50MUU$22.5K
#100MVLL$13.7K
#200AIN$181
#231RIVER$327

l1_liquidity.total_dollar_depthbusiest contract · mean · 24 h

Which way is RIVER's book leaning?

L2 imbalance

Leaned to the ask in 14 of 24 hours on Binance USDT; 48% bids over the day.

73% bid027% bid

23:20 UTCnow

l2_imbalance.imbalance_ratio_10Binance USDT · top 10 levels · hourly

Where does RIVER trade?

OHLCV

Binance USDT took 75% of $10.6M traded in 24 h.

volume sharespread

Binance USDT75%1.38
OKX USDT25%3.99

ohlcv.volume_notionaleach contract · 24 h

Does RIVER trade away from its index?

Basis

17.2 bps above its index on Binance USDT now; 7.60 bps to 18.7 bps above over 24 h.

+18.7 bps0−18.7 bps

23:20 UTCnow

basis.basis_bpsBinance USDT · hourly

Is leverage building in RIVER?

Open interest

$5.1M open across 2 contracts: −1.5% in contracts, −1.6% in dollars over 24 h.

$5.3M$4.9M

23:20 UTCnow

open_interest.open_interestbusiest contract on each venue · hourly

Who pays funding on RIVER?

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

RIVER's 2 contracts · now

Named by Atlas →

Contract	Price	24h	Volume 24h	Open interest	Funding	Spread	Charts
Binance USDTperpetual-RIVER-USDT:USDT	0.74570	-0.43%	$7.9M	$3.9M	+0.0050%	1.38	Charts →
OKX USDTperpetual-RIVER-USDT:USDT	0.74530	-0.52%	$2.7M	$1.2M	+0.0050%	3.99	Charts →

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

Every chart for RIVER →

Python

import os
from datetime import date

from aperiodic import get_derivative_metrics, get_metrics

# aperiodic.io/markets: RIVER 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-RIVER-USDT:USDT"),
    ("okx-perps", "perpetual-RIVER-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-RIVER-USDT:USDT

0.74570

-0.43%

$7.9M

$3.9M

+0.0050%

1.38

Charts →

OKX USDTperpetual-RIVER-USDT:USDT

0.74530

-0.52%

$2.7M

$1.2M

+0.0050%

3.99

Charts →

import os from datetime import date from aperiodic import get_derivative_metrics, get_metrics # aperiodic.io/markets: RIVER 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-RIVER-USDT:USDT"), ("okx-perps", "perpetual-RIVER-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, )