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 $3.54B more than they bought across Binance, OKX and Hyperliquid over the last 24 hours. The heaviest hour, 02:50 UTC, saw $1.40B 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 +$38.0M; the heaviest selling in BTC −$1.63B.
- AKE+$38.0M
- BZ+$18.5M
- XYZ:SILVER+$16.9M
- CL+$9.4M
- AMD+$9.1M
- BTC−$1.63B
- ETH−$544.9M
- SPCX−$228.1M
- SOL−$156.3M
- XAU−$103.0M
← 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 WDC, the 200th: 134 times as much.
- #1BTC0.015 bps
- #2ETH0.052 bps
- #3SOXL1.58 bps
- #5ZEC0.11 bps
- #10SPCX0.71 bps
- #25XYZ:SP5000.13 bps
- #50AVAX1.20 bps
- #100MSFT0.19 bps
- #200WDC1.94 bps
l1_liquidity.spread_bpsbusiest contract · median · 24 h
How much size waits at the best price?
L1 liquidity$654.5K rests at BTC's best bid and ask on Binance; the 200th most traded, WDC, has $227.
- #1BTC$654.5K
- #2ETH$269.4K
- #3SOXL$86.6K
- #5ZEC$7.7K
- #10SPCX$18.2K
- #25XYZ:SP500$111.7K
- #50AVAX$5.5K
- #100MSFT$2.3K
- #200WDC$227
l1_liquidity.total_dollar_depthbusiest contract · mean · 24 h
Which way are the books leaning?
L2 imbalance5 of the 10 most traded books leaned to the bid over the day. SPCX's leaned most: 55% asks.
- BTC Binance50% bid
- ETH Binance50% bid
- SOXL Binance50% bid
- SOL Binance49% bid
- ZEC Binance52% bid
- SNDK Binance47% bid
- NVDA Binance52% bid
- XAU Binance52% bid
- AKE Binance49% bid
- SPCX Binance45% bid
← asksbids →
l2_imbalance.imbalance_ratio_10top 10 levels · mean · 24 h
How deep is the market through the day?
L2 liquidityThe books held $490.1M within 20 price levels at their deepest, 19:50 UTC, and $339.5M at their thinnest, 22:50 UTC: −30.7%.
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 XYZ:XYZ100 +24.1% and fell most on SOXL −13.3% over the last 24 hours.
- XYZ:XYZ100+24.1%
- NVDA+15.1%
- SKHYNIX+9.2%
- SNDK+4.8%
- SOXL−13.3%
- GOOGL−6.4%
- XAU−6.1%
- XYZ:NVDA−5.4%
← closedopened →
open_interest.open_interest30 largest markets · 24 h
Which perps trade away from their index?
BasisJCT on Binance trades 61.5 bps above its index; BARD on OKX, 238.0 bps below.
- JCT Binance+61.5
- IDOL Binance+40.2
- ARIA Binance+18.4
- SOPH Binance+7.72
- BNB Binance+7.44
- BARD OKX−238.0
- BARD Binance−197.0
- INIT Binance−192.5
- CRCL Binance−73.1
- MSTR Binance−72.5
← belowabove →
basis.basis_bps100 most traded contracts · now
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