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 $2.63B 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 +$52.5M; the heaviest selling in BTC −$1.05B.
- AKE+$52.5M
- SOXS+$12.2M
- AAPL+$7.6M
- AMD+$7.6M
- XYZ:SKHX+$6.9M
- BTC−$1.05B
- ETH−$374.2M
- SPCX−$227.5M
- SOL−$112.3M
- HYPE−$99.4M
← 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 2.67 bps on LAB, the 200th: 182 times as much.
- #1BTC0.015 bps
- #2ETH0.052 bps
- #3SOXL1.78 bps
- #5ZEC0.11 bps
- #10SPCX0.73 bps
- #25QQQ0.15 bps
- #50XYZ:SNDK0.53 bps
- #100AGT2.33 bps
- #200LAB2.67 bps
l1_liquidity.spread_bpsbusiest contract · median · 24 h
How much size waits at the best price?
L1 liquidity$596.3K rests at BTC's best bid and ask on Binance; the 200th most traded, LAB, has $417.
- #1BTC$596.3K
- #2ETH$251.2K
- #3SOXL$83.4K
- #5ZEC$8.2K
- #10SPCX$24.4K
- #25QQQ$59.9K
- #50XYZ:SNDK$9.5K
- #100AGT$312
- #200LAB$417
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: 55% asks.
- BTC Binance49% bid
- ETH Binance50% bid
- SOXL Binance50% bid
- SOL Binance49% bid
- ZEC Binance53% bid
- SNDK Binance48% bid
- NVDA Binance52% bid
- AKE Binance46% bid
- HYPE Binance46% 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 $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 +27.5% and fell most on SOXL −8.0% over the last 24 hours.
- NVDA+27.5%
- XYZ:XYZ100+8.5%
- XYZ:NVDA+8.1%
- SNDK+5.6%
- SOXL−8.0%
- SKHY−5.1%
- GOOGL−3.8%
- BTC−3.6%
← closedopened →
open_interest.open_interest30 largest markets · 24 h
Which perps trade away from their index?
BasisARIA on Binance trades 15.2 bps above its index; AKE on OKX, 294.5 bps below.
- ARIA Binance+15.2
- BULLA Binance+11.3
- GOOGL Binance+7.47
- JCT Binance+7.06
- BNB Binance+4.71
- AKE OKX−294.5
- AKE Binance−201.5
- BARD OKX−101.6
- BARD Binance−79.2
- BERA Binance−76.1
← belowabove →
basis.basis_bps100 most traded contracts · now
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