Replays · Quick replay · 5 November 2026
Built from our public tape (15 minutes behind the venues, 5-minute bars, drawn here in 15-minute steps) and saved at 5 Nov, 17:00 UTC, because the tape only keeps one day.
The US stock market opened at 14:30 UTC. SOXL’s worst hour on all three venues was 14:25 to 15:25 UTC: down 17.6% on Binance and OKX and 17.8% on Hyperliquid, more than half of its loss for the day. BTC’s worst hour was 14:30 to 15:30 (down 3.9%), and the SanDisk perp (SNDK) lost 11.3% in the same hour.
SOXL perps traded $8.94B on Binance that day, behind only BTC ($18.5B) and ETH ($12.7B), plus $1.83B on OKX and $0.51B on Hyperliquid. SNDK came fourth on Binance at $4.70B, down 17.5%. SOXS, the 3x inverse version, rose 31.4%, roughly the mirror image.
Over the day, the number of open SOXL contracts rose 54.4% on Binance, 33.6% on OKX and 130% on Hyperliquid while the price fell 30%, so traders kept opening positions on the way down. On Binance, funding stayed positive in every 5-minute bar (0.077% to 0.094% per funding period, peaking at 0.151%), which means longs paid shorts the whole way down.
85 of the 100 most traded perps fell, with a median move of −8.0%. In the hour to 16:00 UTC, 183 of 222 liquid Binance perps traded at least 2.5 times their usual hourly volume or moved at least 3 times their usual hourly swing (101 of 113 on OKX, 65 of 75 on Hyperliquid). In their busiest half hour, Binance perps traded $14.6B, against $0.99B in a median half hour.
Open interest is in USD, so it falls with the price; the contract counts in the text are what rose. Each chart runs from its first to its last 15-minute step, so its change differs a little from the 24-hour figures above. Times are UTC. The line marks the US open.
| Perp | 24h price | 24h traded | 24h open interest |
|---|---|---|---|
| BTC | −5.1% | $18.52B | −3.7% |
| ETH | −6.9% | $12.65B | −0.6% |
| SOXL | −30.4% | $8.94B | +54.4% |
| SNDK | −17.5% | $4.70B | +47.5% |
| BTC | −5.2% | $3.98B | −0.9% |
| Perp | 24h price | 24h traded | 24h open interest |
|---|---|---|---|
| BTC | −5.1% | $11.14B | +0.2% |
| ETH | −7.0% | $10.00B | −3.5% |
| SNDK | −17.5% | $2.68B | +1.4% |
| SOXL | −30.4% | $1.83B | +33.6% |
| ZEC | −4.6% | $1.49B | −10.2% |
| Perp | 24h price | 24h traded | 24h open interest |
|---|---|---|---|
| BTC | −5.1% | $4.47B | −0.5% |
| ETH | −6.9% | $1.48B | −8.3% |
| HYPE | −7.3% | $743M | +0.7% |
| XYZ100 | −5.5% | $689M | +24.5% |
| SKHX | −14.0% | $608M | +27.6% |
85 of them fell, with a median move of −8.0%. Open interest changes are in contracts unless marked USD.
| Perp | Venue | 24h price | 24h traded | 24h open interest |
|---|---|---|---|---|
| JCT | Binance | −41.6% | $388M | +2.1% |
| SNXX | Binance | −34.2% | $838M | +71.5% |
| SNXX | OKX | −34.1% | $262M | +53.8% |
| SOXS | Binance | +31.4% | $1.10B | −11.4% |
| SOXS | OKX | +31.4% | $235M | +11.1% |
| SOXL | Hyperliquid | −30.5% | $508M | +130.0% |
| SOXL | Binance | −30.4% | $8.94B | +54.4% |
| SOXL | OKX | −30.4% | $1.83B | +33.6% |
| APP | Binance | +30.1% | $157M | +27.3% |
| KORU | Binance | −29.4% | $1.65B | +47.8% |
The tape shows what moved and when, but not why, and nothing here explains what hit chip stocks that morning. It is also coarse: 5-minute bars, 15 minutes behind, kept for one day, which is why we saved this page the same afternoon. Our full replays are rebuilt from every trade and the order book, down to 15-second bars.
If you want the history, every series here is in the catalog, point-in-time: funding, open interest and order flow for every perp on Binance, OKX and Hyperliquid, US stock perps included (RWA perps). The live version is the markets dashboard.