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 $3.46B more than they bought across Binance, OKX and Hyperliquid over the last 24 hours. The heaviest hour, 03:00 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 +$31.7M; the heaviest selling in BTC −$1.75B.
- AKE+$31.7M
- BZ+$20.0M
- XYZ:SILVER+$17.1M
- CL+$12.2M
- AMD+$9.3M
- BTC−$1.75B
- ETH−$425.9M
- SPCX−$230.7M
- SOL−$124.1M
- XAU−$111.8M
← 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 3.95 bps on STO, the 200th: 272 times as much.
- #1BTC0.015 bps
- #2ETH0.052 bps
- #3SOXL1.57 bps
- #5SOL1.25 bps
- #10SPCX0.71 bps
- #25XYZ:SP5000.13 bps
- #50INTC1.65 bps
- #100COIN0.78 bps
- #200STO3.95 bps
l1_liquidity.spread_bpsbusiest contract · median · 24 h
How much size waits at the best price?
L1 liquidity$649.9K rests at BTC's best bid and ask on Binance; the 200th most traded, STO, has $286.
- #1BTC$649.9K
- #2ETH$269.2K
- #3SOXL$87.2K
- #5SOL$158.7K
- #10SPCX$17.9K
- #25XYZ:SP500$113.1K
- #50INTC$13.1K
- #100COIN$1.1K
- #200STO$286
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 $487.4M within 20 price levels at their deepest, 20:00 UTC, and $338.8M at their thinnest, 23:00 UTC: −30.5%.
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 +25.9% and fell most on SOXL −13.9% over the last 24 hours.
- XYZ:XYZ100+25.9%
- NVDA+11.6%
- SKHYNIX+9.2%
- SNDK+5.2%
- SOXL−13.9%
- XAU−7.0%
- GOOGL−5.9%
- XYZ:NVDA−5.5%
← closedopened →
open_interest.open_interest30 largest markets · 24 h
Which perps trade away from their index?
BasisJCT on Binance trades 41.0 bps above its index; BARD on Binance, 226.6 bps below.
- JCT Binance+41.0
- NVDA OKX+40.2
- XYZ:NVDA Hyperliquid+37.8
- SOXL OKX+37.5
- NVDA Binance+34.5
- BARD Binance−226.6
- BARD OKX−205.2
- INIT Binance−163.7
- AKE OKX−23.6
- SOXS Binance−21.3
← 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.