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 $4.01B more than they bought across Binance, OKX and Hyperliquid over the last 24 hours. The heaviest hour, 03:05 UTC, saw $1.38B 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 +$37.8M; the heaviest selling in BTC −$1.87B.
- AKE+$37.8M
- BZ+$18.6M
- XYZ:SILVER+$16.5M
- AMD+$8.8M
- AAPL+$8.3M
- BTC−$1.87B
- ETH−$665.3M
- SPCX−$229.3M
- SOL−$178.7M
- XAU−$109.6M
← 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 1.78 bps on RAM, the 200th: 122 times as much.
- #1BTC0.015 bps
- #2ETH0.052 bps
- #3SOXL1.59 bps
- #5ZEC0.11 bps
- #10SPCX0.71 bps
- #25XYZ:SP5000.13 bps
- #50XYZ:SKHX0.66 bps
- #100AAOI2.02 bps
- #200RAM1.78 bps
l1_liquidity.spread_bpsbusiest contract · median · 24 h
How much size waits at the best price?
L1 liquidity$654.9K rests at BTC's best bid and ask on Binance; the 200th most traded, RAM, has $823.
- #1BTC$654.9K
- #2ETH$269.6K
- #3SOXL$86.1K
- #5ZEC$7.7K
- #10SPCX$19.6K
- #25XYZ:SP500$111.8K
- #50XYZ:SKHX$7.4K
- #100AAOI$779
- #200RAM$823
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. 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 $488.9M within 20 price levels at their deepest, 20:05 UTC, and $349.9M at their thinnest, 22:05 UTC: −28.4%.
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 +23.7% and fell most on SOXL −13.5% over the last 24 hours.
- XYZ:XYZ100+23.7%
- NVDA+15.8%
- SKHYNIX+9.3%
- SNDK+3.9%
- SOXL−13.5%
- GOOGL−6.5%
- XAU−6.3%
- XYZ:NVDA−5.4%
← closedopened →
open_interest.open_interest30 largest markets · 24 h
Which perps trade away from their index?
BasisJCT on Binance trades 37.0 bps above its index; BARD on OKX, 209.6 bps below.
- JCT Binance+37.0
- IDOL Binance+25.7
- SOXL Binance+17.6
- XYZ:SOXL Hyperliquid+16.3
- SOXL OKX+16.1
- BARD OKX−209.6
- INIT Binance−174.8
- BARD Binance−159.6
- MSTR Binance−69.3
- CRCL Binance−63.5
← 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.