Total open interest8 exchanges
$85.12B
perpetual futures, USD
Perp volume24h
$65.11B
spot $6.18B
Markets tracked
5272
perp + spot, stablecoin pairs excluded
Exchanges ranked by open interest
8 exchanges| # | Exchange | Open interest | OI share | OI 4h | Perp vol 24h | Spot vol 24h | Funding / 8h | Markets | Liqs 24h |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Binance | $28.78B | 33.8% | -0.78% | $31.61B | $5.07B | 0.0035% | 1299 | $13.95M |
| 2 | Hyperliquid | $17.17B | 20.2% | -0.80% | $4.22B | — | 0.0112% | 327 | — |
| 3 | MEXC | $12.80B | 15.0% | — | $7.43B | — | 0.0012% | 665 | — |
| 4 | Bitget | $7.80B | 9.2% | — | $4.04B | — | 0.0083% | 465 | $369K |
| 5 | Bybit | $6.70B | 7.9% | -0.74% | $8.66B | $1.11B | 0.0039% | 1053 | $4.10M |
| 6 | Gate | $5.56B | 6.5% | — | $6.72B | — | 0.0029% | 579 | $141K |
| 7 | HTX | $3.36B | 3.9% | — | $800.06M | — | 0.0095% | 358 | $9,662 |
| 8 | KuCoin | $2.95B | 3.5% | — | $1.64B | — | 0.0046% | 526 | — |
What each exchange's data covers
| Exchange | Markets | Coverage |
|---|---|---|
| Binance | spot + perp | Liquidations sampled: Binance publishes at most one per symbol per second |
| Hyperliquid | perp | No liquidations: Hyperliquid has no public all-market liquidation stream |
| MEXC | perp | USDT perps: open interest and funding polled over REST every 60s; MEXC publishes no liquidation feed |
| Bitget | perp | Sampled liquidations (largest per coin and side each second); OI and funding polled every 30s |
| Bybit | spot + perp | Every liquidation (allLiquidation stream); OI and funding polled every 30s |
| Gate | perp | Every liquidation on USDT perps (futures.public_liquidates, batched each second); OI and funding polled every 30s |
| HTX | perp | Every liquidation on USDT swaps (public liquidation_orders stream); OI and funding polled every 30s |
| KuCoin | perp | USDT perps: open interest and funding polled over REST every 60s; KuCoin publishes no liquidation feed |
How it's counted. Open interest is the USD value of open perpetual futures positions (one side), summed over every market this site tracks on the exchange and valued at the mark price; stablecoin pairs are left out. OI share is against the total of the exchanges listed here, not the whole market; for decentralised venues that aren't listed here (Aster, Lighter) see the perp DEX ranking. Funding is the 8-hour equivalent, weighted by each market's open interest.