GameStop perpsGME

Stock perp · Binance, Hyperliquid, OKX · #380 by volume

25.590+0.16% 24h

Binance USDT · 24h 25.340 – 26.480

24h volume: $3.6M; #380 of 925
Open interest: $4.2M; −2.4% contracts · 24h
Spread: 3.93 bps; median · 24h
Size at best price: $2.4K; mean · 24h
Net taker flow: −$164.3K; every contract · 24h
Funding: +0.0000%; per period · BIN

Aperiodic metrics · GME · 24 h

Are takers buying or selling GME?

Takers sold $162.3K more than they bought on Binance, Hyperliquid and OKX over 24 h; the heaviest hour, 22:50 UTC, saw $146.9K.

+$146.9K0−$146.9K

00:50 UTCnow

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

What does it cost to cross GME's spread?

L1 liquidity

3.93 bps median on Binance USDT, wider than 80% of the 200 most traded perps.

#1BTC0.015 bps
#2ETH0.052 bps
#3SOXL1.57 bps
#5SOL1.25 bps
#10SPCX0.71 bps
#25SP5000.13 bps
#50MUU5.65 bps
#100INTW1.73 bps
#200MON6.08 bps
#380GME3.93 bps

l1_liquidity.spread_bpsbusiest contract · median · 24 h

How much size waits at GME's best price?

L1 liquidity

$2.4K at the best bid and ask on Binance USDT, on average, deeper than 51% of the 200 most traded perps.

#1BTC$656.4K
#2ETH$269.0K
#3SOXL$87.6K
#5SOL$157.2K
#10SPCX$17.6K
#25SP500$111.9K
#50MUU$21.2K
#100INTW$1.3K
#200MON$2.3K
#380GME$2.4K

l1_liquidity.total_dollar_depthbusiest contract · mean · 24 h

Which way is GME's book leaning?

L2 imbalance

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

64% bid036% bid

00:50 UTCnow

l2_imbalance.imbalance_ratio_10Binance USDT · top 10 levels · hourly

Where does GME trade?

OHLCV

Binance USDT took 46% of $3.6M traded in 24 h.

volume sharespread

Binance USDT46%3.93
Hyperliquid xyz USDC44%7.44
OKX USDT11%11.5

ohlcv.volume_notionaleach contract · 24 h

Does GME trade away from its index?

Basis

15.2 bps above its index on Binance USDT now; 14.5 bps below to 10.0 bps above over 24 h.

+14.5 bps0−14.5 bps

00:50 UTCnow

basis.basis_bpsBinance USDT · hourly

Is leverage building in GME?

Open interest

$4.2M open across 3 contracts: −2.4% in contracts, −2.3% in dollars over 24 h.

$4.5M$4.2M

00:50 UTCnow

open_interest.open_interestbusiest contract on each venue · hourly

Who pays funding on GME?

Funding

Longs pay on 1 of 3 contracts; Binance USDT charges +0.0000% a period (Hyperliquid’s are hourly).

Binance USDT+0.0000%
Hyperliquid xyz USDC+0.0006%
OKX USDT+0.0000%

← shorts paylongs pay →

funding.funding_rateeach contract · per funding period · now

GME's 3 contracts · now

Named by Atlas →

Contract	Price	24h	Volume 24h	Open interest	Funding	Spread	Charts
Binance USDTperpetual-GME-USDT:USDT	25.590	+0.16%	$1.7M	$1.0M	+0.0000%	3.93	Charts →
Hyperliquid xyz USDCperpetual-XYZ:GME-USDC:USDC	25.553	+0.03%	$1.6M	$2.8M	+0.0006%	7.44	Charts →
OKX USDTperpetual-GME-USDT:USDT	25.600	+0.16%	$384.5K	$339.5K	+0.0000%	11.5	Charts →

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

Every chart for GME →

Python

import os
from datetime import date

from aperiodic import get_derivative_metrics, get_metrics

# aperiodic.io/markets: GME on Binance, Hyperliquid and OKX
# 5m bars, 2025-11-13 to 2026-11-13. 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, 13),
    end_date=date(2026, 11, 13),
)
CONTRACTS = [
    ("binance-futures", "perpetual-GME-USDT:USDT"),
    ("hyperliquid-perps", "perpetual-XYZ:GME-USDC:USDC"),
    ("okx-perps", "perpetual-GME-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-GME-USDT:USDT

25.590

+0.16%

$1.7M

$1.0M

+0.0000%

3.93

Charts →

Hyperliquid xyz USDCperpetual-XYZ:GME-USDC:USDC

25.553

+0.03%

$1.6M

$2.8M

+0.0006%

7.44

Charts →

OKX USDTperpetual-GME-USDT:USDT

25.600

+0.16%

$384.5K

$339.5K

+0.0000%

11.5

Charts →

import os from datetime import date from aperiodic import get_derivative_metrics, get_metrics # aperiodic.io/markets: GME on Binance, Hyperliquid and OKX # 5m bars, 2025-11-13 to 2026-11-13. 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, 13), end_date=date(2026, 11, 13), ) CONTRACTS = [ ("binance-futures", "perpetual-GME-USDT:USDT"), ("hyperliquid-perps", "perpetual-XYZ:GME-USDC:USDC"), ("okx-perps", "perpetual-GME-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, )