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 $2.25B more than they bought across Binance, OKX and Hyperliquid over the last 24 hours. The heaviest hour, 02:20 UTC, saw $854.0M 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 +$41.8M; the heaviest selling in BTC −$857.2M.
- AKE+$41.8M
- XYZ:SILVER+$14.1M
- XYZ:XYZ100+$10.0M
- XYZ:SKHX+$9.0M
- SOXS+$9.0M
- BTC−$857.2M
- ETH−$279.2M
- SPCX−$230.3M
- SOL−$104.0M
- HYPE−$86.4M
← 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 1.95 bps on VIRTUAL, the 200th: 134 times as much.
- #1BTC0.015 bps
- #2ETH0.052 bps
- #3SOXL1.78 bps
- #5ZEC0.11 bps
- #10SPCX0.72 bps
- #25XYZ:XYZ1000.36 bps
- #50WLD3.38 bps
- #100TAC8.68 bps
- #200VIRTUAL1.95 bps
l1_liquidity.spread_bpsbusiest contract · median · 24 h
How much size waits at the best price?
L1 liquidity$639.5K rests at BTC's best bid and ask on Binance; the 200th most traded, VIRTUAL, has $1.4K.
- #1BTC$639.5K
- #2ETH$263.5K
- #3SOXL$85.4K
- #5ZEC$8.2K
- #10SPCX$23.0K
- #25XYZ:XYZ100$167.0K
- #50WLD$18.3K
- #100TAC$779
- #200VIRTUAL$1.4K
l1_liquidity.total_dollar_depthbusiest contract · mean · 24 h
Which way are the books leaning?
L2 imbalance7 of the 10 most traded books leaned to the ask over the day. SPCX's leaned most: 56% asks.
- BTC Binance50% bid
- ETH Binance49% bid
- SOXL Binance51% bid
- SOL Binance49% bid
- ZEC Binance53% bid
- SNDK Binance48% bid
- NVDA Binance52% bid
- AKE Binance46% bid
- HYPE Binance47% bid
- SPCX Binance44% bid
← asksbids →
l2_imbalance.imbalance_ratio_10top 10 levels · mean · 24 h
How deep is the market through the day?
L2 liquidityThe books held $486.5M within 20 price levels at their deepest, 19:20 UTC, and $332.5M at their thinnest, 22:20 UTC: −31.7%.
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 NVDA +27.4% and fell most on SOXL −9.0% over the last 24 hours.
- NVDA+27.4%
- SNDK+6.6%
- XYZ:XYZ100+5.5%
- SKHYNIX+4.6%
- SOXL−9.0%
- SKHY−5.9%
- GOOGL−3.9%
- ZEC−3.5%
← closedopened →
open_interest.open_interest30 largest markets · 24 h
Which perps trade away from their index?
BasisJCT on Binance trades 29.4 bps above its index; BARD on OKX, 124.8 bps below.
- JCT Binance+29.4
- IDOL Binance+19.2
- SOXL OKX+14.3
- MUU Binance+13.2
- ARIA Binance+11.6
- BARD OKX−124.8
- BARD Binance−72.4
- BERA Binance−53.3
- SHELL Binance−24.5
- SOPH Binance−21.5
← 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.