ORBIO open interest by exchange
USD · changes from 5-minute snapshots| Market | Open interest | Share | OI 1h | OI 4h | OI 24h | Price 1h | Price 24h | Funding 8h | 24h volume | Trade |
|---|---|---|---|---|---|---|---|---|---|---|
| MEXC ORBIO_USDT | $423K * | — | — | — | — | — | — | 0.0288% | $442K | Trade |
| Gate ORBIO_USDT | $34K | 100.0% | -4.18% | +44.41% | +716.03% | -3.57% | +64.49% | -1.7200% | $684K | Trade |
Trade links go to the exchange and may be referral links. Compare every coin on the open interest page.
ORBIO open interest history
From recorded history, hourlyORBIO open interest is $34K, up 389.1% over the past 3 days, and up 716.0% in the last 24 hours.
ORBIO open interest
All perps, USDNot recorded Chart: TradingView Lightweight Charts™
About the ORBIO open interest
What is ORBIO open interest?
Open interest (OI) is the total value of all open ORBIO perpetual futures positions, in USD. Every open contract has a long and a short side, so OI counts one side only. It rises when new positions open and falls when positions close or are liquidated.
How to read OI with price
OI up, price up: new positions opening as price rises, usually fresh longs. OI up, price down: fresh shorts. OI down, price up: shorts closing (a short squeeze if fast). OI down, price down: longs exiting or being liquidated. Large OI changes in a few hours show where leverage is building or unwinding in ORBIO.
Where the numbers come from
ORBIO OI comes from the public APIs of MEXC and Gate and is converted to USD at the mark price, so part of an OI change can come from the price move itself. Changes compare the current value with 5-minute snapshots the server has recorded since it last started.