Binance vs Lighter head to head
| Metric | Binance | Lighter |
|---|---|---|
| Open interest | $30.18B | $500.81M |
| Share of all exchanges tracked | 40.5% | 0.7% |
| Perp volume, 24h | $54.83B | $1.43B |
| Perpetual markets | 584 | 112 |
| OI on the 104 shared coins | $21.17B | $498.43M |
| Avg funding on shared coins / 8h | 0.0066% | 0.0099% |
| Higher funding on | 75 coins | 29 coins |
| OI-weighted funding, all perps / 8h | 0.0079% | 0.0054% |
| Liquidations, last 24 hours | $166.51M | $19K |
| Long share of liquidations | 63.4% | 18.6% |
Funding and open interest on shared coins
top 20 of 104 by combined OI| # | Coin | Binance funding | Lighter funding | Spread / 8h | Binance OI | Lighter OI |
|---|---|---|---|---|---|---|
| 1 | BTC | 0.0061% | -0.0016% | 0.0077% | $7.79B | $181.58M |
| 2 | ETH | 0.0100% | 0.0096% | 0.0004% | $6.31B | $114.07M |
| 3 | SOL | 0.0062% | 0.0064% | -0.0002% | $981.57M | $13.79M |
| 4 | ZEC | 0.0100% | 0.0096% | 0.0004% | $641.57M | $19.38M |
| 5 | XRP | 0.0100% | 0.0096% | 0.0004% | $476.40M | $2.05M |
| 6 | BNB | 0.0000% | 0.0096% | -0.0096% | $443.29M | $3.04M |
| 7 | HYPE | 0.0028% | 0.0008% | 0.0020% | $374.01M | $13.06M |
| 8 | DOGE | 0.0100% | 0.0096% | 0.0004% | $289.50M | $624K |
| 9 | NEAR | 0.0089% | 0.0096% | -0.0007% | $247.67M | $22.27M |
| 10 | UNI | 0.0032% | 0.0096% | -0.0064% | $246.50M | $3.73M |
| 11 | LINK | -0.0035% | 0.0096% | -0.0131% | $157.38M | $2.32M |
| 12 | SUI | 0.0027% | 0.0096% | -0.0069% | $157.41M | $1.09M |
| 13 | ENA | 0.0100% | 0.0096% | 0.0004% | $140.36M | $4.54M |
| 14 | WLFI | 0.0229% | 0.0096% | 0.0133% | $137.14M | $949K |
| 15 | AVAX | 0.0100% | 0.0096% | 0.0004% | $125.53M | $1.30M |
| 16 | LIT | 0.0100% | 0.0096% | 0.0004% | $70.17M | $49.17M |
| 17 | BCH | 0.0044% | 0.0096% | -0.0052% | $115.48M | $528K |
| 18 | WLD | 0.0069% | 0.0096% | -0.0027% | $101.60M | $6.14M |
| 19 | PAXG | 0.0034% | -0.0128% | 0.0162% | $106.19M | $1.46M |
| 20 | LTC | 0.0062% | 0.0096% | -0.0034% | $103.01M | $1.33M |
Coverage. Binance: USDⓈ-M perps and, from 2026-09-28, COIN-M (inverse) perps; liquidations sampled: Binance publishes at most one per symbol per second. Lighter: Every liquidation on crypto perps (liquidation fills on the public trade stream); OI, volume and funding polled every 60s; added 2026-09-28.
How it's counted. Open interest is the USD value of open perpetual positions (one side) at the mark price, summed over the markets this site tracks; stablecoin pairs are left out. Shared coins are coins with a perpetual on both exchanges (Hyperliquid HIP-3 markets excluded); where an exchange lists several perps for a coin, the one with the most open interest is used. Funding is the 8-hour equivalent; the spread is Binance minus Lighter.