Key numbers: 2020
perpetual futures · UTC1. Open interest
daily average per exchange, USDOpen interest on Bybit went from $34.9M on 20 Jul 2020 to $94.1M on 31 Dec 2020 (+170%), peaking at $149.9M on 23 Nov 2020. Bitcoin ended the period with 88% of it ($83.0M, +138%).
Covers Bybit from 20 Jul 2020. The chart and the changes use only the exchanges recorded on both 20 Jul 2020 and 31 Dec 2020 (Bybit). Before this site recorded them live, the numbers for Bybit come from the exchanges' own hourly history. Coverage
| Coin | 20 Jul 2020 | 31 Dec 2020 | Change | Peak | Peak day |
|---|---|---|---|---|---|
| BTC | $34.9M | $83.0M | +138.22% | $141.9M | 23 Nov 2020 |
| LTC | — | $6.4M | — | $8.1M | 26 Dec 2020 |
| LINK | — | $3.1M | — | $6.3M | 25 Nov 2020 |
| BCH | — | $1.6M | — | $1.7M | 29 Dec 2020 |
| All coins | $34.9M | $94.1M | +169.87% | $149.9M | 23 Nov 2020 |
Exchange share of open interest
| Exchange | 20 Jul 2020 | Share | 31 Dec 2020 | Share | Change |
|---|---|---|---|---|---|
| Bybit | $34.9M | 100.0% | $94.1M | 100.0% | +169.87% |
Download: coins (CSV) · exchanges (CSV)
2. Funding
mean of each day's OI-weighted 8h rateFunding averaged BTC 0.0157% per 8h (about 17.2% APR) and ETH 0.0250% per 8h (about 27.4% APR) over 2020. BTC funding was negative on 51 of 366 days. The most positive liquid coin was BTC at 17.2% APR.
Covers Binance for the whole period. Before this site recorded them live, the rates for Binance are the settled funding from the exchanges' own history. Coverage
| Coin | Average per 8h | Annualized | Negative days | Days |
|---|---|---|---|---|
| ETH | 0.0250% | 27.4% | 5 | 366 |
| BTC | 0.0157% | 17.2% | 51 | 366 |
| LTC | 0.0233% | 25.5% | 3 | 358 |
| LINK | 0.0107% | 11.7% | 77 | 350 |
| BCH | 0.0205% | 22.5% | 16 | 366 |
| Coin | Annualized | Days |
|---|---|---|
| BTC | 17.2% | 366 |
| Coin | Annualized | Days |
|---|---|---|
| None | ||
Download: funding (CSV)
3. Liquidations
UTC days · longs / shortsNo liquidations are recorded for 2020. This site stores liquidations from 27 Sep 2026.
4. Volume
quote volume, USD · perp and spotNo trading volume is stored for 2020.
5. Hyperliquid
vs the centralized exchanges · HIP-3Hyperliquid is not recorded for 2020.
Cite this report
permalinkswolecharts, “Crypto Derivatives Report: 2020”, published 1 January 2021, https://swolecharts.com/reports/2020Free to quote and embed with a link back to /reports/2020.
Methodology
- Days are UTC. Open interest is each perpetual market's average for the day, summed per coin and exchange; HIP-3 markets are left out of the crypto totals.
- Funding is each day's open-interest-weighted average of the 8-hour-equivalent rate across exchanges, averaged over the days with data; annualized = rate × 3 × 365.
- Live data is what this site recorded from each exchange's public API. Before that, Binance and Bybit open interest come from the exchanges' published hourly history and Binance and Hyperliquid funding from their settled rates; the live record wins wherever both exist.
- Liquidations come from the exchanges' public liquidation feeds; some feeds are sampled, so totals are a lower bound. Volume is the quote volume of this site's recorded 1-minute bars.
- No third-party aggregator data is used. See coverage for every exchange and data type.
Share this report's card
1200×630 PNG · free to use with a link back
Download the card · Share on X · Permalink: https://swolecharts.com/reports/2020