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 $3.43B more than they bought across Binance, OKX and Hyperliquid over the last 24 hours. The heaviest hour, 03:10 UTC, saw $1.18B 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 +$35.0M; the heaviest selling in BTC −$1.75B.
- AKE+$35.0M
- BZ+$20.3M
- XYZ:SILVER+$17.2M
- CL+$12.4M
- AMD+$9.6M
- BTC−$1.75B
- ETH−$429.0M
- SPCX−$229.3M
- SOL−$120.8M
- XAU−$108.8M
← 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 3.96 bps on STO, the 200th: 273 times as much.
- #1BTC0.015 bps
- #2ETH0.052 bps
- #3SOXL1.58 bps
- #5SOL1.25 bps
- #10SPCX0.71 bps
- #25XYZ:SP5000.13 bps
- #50INTC1.65 bps
- #100BERA9.49 bps
- #200STO3.96 bps
l1_liquidity.spread_bpsbusiest contract · median · 24 h
How much size waits at the best price?
L1 liquidity$649.7K rests at BTC's best bid and ask on Binance; the 200th most traded, STO, has $287.
- #1BTC$649.7K
- #2ETH$268.5K
- #3SOXL$87.3K
- #5SOL$158.5K
- #10SPCX$18.0K
- #25XYZ:SP500$112.9K
- #50INTC$13.1K
- #100BERA$3.2K
- #200STO$287
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
- ZEC Binance53% bid
- SOL Binance49% bid
- SNDK Binance48% bid
- NVDA Binance51% 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 $490.5M within 20 price levels at their deepest, 20:10 UTC, and $340.0M at their thinnest, 22:10 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 +26.2% and fell most on SOXL −13.8% over the last 24 hours.
- XYZ:XYZ100+26.2%
- NVDA+12.1%
- SKHYNIX+9.3%
- SNDK+5.1%
- SOXL−13.8%
- XAU−6.8%
- GOOGL−5.9%
- XYZ:NVDA−5.4%
← closedopened →
open_interest.open_interest30 largest markets · 24 h
Which perps trade away from their index?
BasisXYZ:NVDA on Hyperliquid trades 41.4 bps above its index; BARD on OKX, 203.6 bps below.
- XYZ:NVDA Hyperliquid+41.4
- NVDA Binance+38.6
- NVDA OKX+37.6
- JCT Binance+31.7
- XYZ:SOXL Hyperliquid+29.0
- BARD OKX−203.6
- BARD Binance−199.2
- INIT Binance−155.8
- SOXS Binance−19.5
- SOXS OKX−15.1
← 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.