Aperiodic indices on the BTC perp · Binance · last 24 h
Aperiodic metrics · the 200 most traded perps · built from every trade and order book update
Are takers buying or selling?
FlowTakers sold $2.30B more than they bought across Binance, OKX and Hyperliquid over the last 24 hours. The heaviest hour, 02:15 UTC, saw $822.7M of net selling.
flow.volume_delta_notionalall three venues · hourly · 24 h
Which perps are they buying and selling?
FlowThe heaviest net buying was in AKE +$41.6M; the heaviest selling in BTC −$988.8M.
- AKE+$41.6M
- BZ+$18.3M
- ZEC+$17.0M
- XYZ:SILVER+$12.9M
- XYZ:XYZ100+$8.6M
- BTC−$988.8M
- ETH−$292.8M
- SPCX−$225.1M
- SOL−$99.6M
- HYPE−$73.8M
← soldbought →
flow.taker_buy_sell_ratioevery venue added up · 24 h
What does it cost to cross the spread?
L1 liquidityCrossing the spread costs 0.015 bps on BTC, the most traded perp, and 1.94 bps on VIRTUAL, the 200th: 134 times as much.
- #1BTC0.015 bps
- #2ETH0.052 bps
- #3SOXL1.74 bps
- #5ZEC0.11 bps
- #10HYPE0.14 bps
- #25XYZ:SP5000.13 bps
- #50WLD3.36 bps
- #100MSFT0.19 bps
- #200VIRTUAL1.94 bps
l1_liquidity.spread_bpsbusiest contract · median · 24 h
How much size waits at the best price?
L1 liquidity$652.7K rests at BTC's best bid and ask on Binance; the 200th most traded, VIRTUAL, has $1.4K.
- #1BTC$652.7K
- #2ETH$266.9K
- #3SOXL$83.8K
- #5ZEC$8.0K
- #10HYPE$9.4K
- #25XYZ:SP500$239.1K
- #50WLD$18.1K
- #100MSFT$2.2K
- #200VIRTUAL$1.4K
l1_liquidity.total_dollar_depthbusiest contract · mean · 24 h
Which way are the books leaning?
L2 imbalance6 of the 10 most traded books leaned to the ask over the day. HYPE's leaned most: 53% asks.
- BTC Binance50% bid
- ETH Binance50% bid
- SOXL Binance51% bid
- SOL Binance49% bid
- ZEC Binance52% bid
- SNDK Binance47% bid
- NVDA Binance52% bid
- AKE Binance47% bid
- XAU Binance53% bid
- HYPE Binance47% bid
← asksbids →
l2_imbalance.imbalance_ratio_10top 10 levels · mean · 24 h
How deep is the market through the day?
L2 liquidityThe books held $485.3M within 20 price levels at their deepest, 20:15 UTC, and $329.3M at their thinnest, 22:15 UTC: −32.2%.
l2_liquidity.bid_agg_20 + ask_agg_20top 20 levels · all three venues · hourly
Where is leverage building?
Open interestAmong the 30 largest markets, open interest grew most on NVDA +22.9% and fell most on SOXL −12.8% over the last 24 hours.
- NVDA+22.9%
- XYZ:XYZ100+21.4%
- SNDK+6.7%
- SKHYNIX+5.1%
- SOXL−12.8%
- ZEC−5.9%
- GOOGL−5.0%
- BTC−4.3%
← closedopened →
open_interest.open_interest30 largest markets · 24 h
Which perps trade away from their index?
BasisJCT on Binance trades 38.3 bps above its index; BARD on OKX, 187.5 bps below.
- JCT Binance+38.3
- MSTR Binance+33.9
- CRCL Binance+21.3
- SOXS Binance+19.4
- SOXS OKX+15.1
- BARD OKX−187.5
- BARD Binance−187.1
- INIT Binance−112.9
- AKE OKX−44.0
- AKE Binance−33.2
← belowabove →
basis.basis_bps100 most traded contracts · now
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Expand the dashboardEvery number is from Aperiodic's own 5-minute bars, 15 minutes behind.