BTC markets: funding rate & open interest by exchange
Funding as 8h equivalent (hover for APR) · OI changes need history| Market | Price | 1h | 24h | 24h volume | Funding 8h | Open interest | OI 1h | OI 4h | OI 24h | Trade |
|---|---|---|---|---|---|---|---|---|---|---|
| Binance perp BTCUSDT | 84,684.7 | -0.32% | — | $4.21B | 0.0033% | $8.04B | +0.02% | — | — | Trade |
| Hyperliquid perp BTC | 84,704 | -0.32% | — | $1.04B | 0.0100% | $3.25B | -0.69% | — | — | Trade |
| Bybit perp BTCUSDT | 84,691.9 | -0.33% | — | $1.71B | 0.0052% | $2.38B | -0.11% | — | — | Trade |
| Binance perp BTCUSDC | 84,683.9 | -0.32% | — | $1.19B | 0.0048% | $1.62B | -0.27% | — | — | Trade |
| Binance spot BTCUSDT | 84,726 | -0.33% | — | $856.35M | — | — | — | — | — | Trade |
| Bybit spot BTCUSDC | 84,727.8 | -0.31% | — | $288.19M | — | — | — | — | — | Trade |
| Bybit spot BTCUSDT | 84,732.5 | -0.31% | — | $275.82M | — | — | — | — | — | Trade |
| Binance spot BTCUSDC | 84,724.3 | -0.31% | — | $222.71M | — | — | — | — | — | Trade |
Price and OI changes appear once the server has enough history: it records 5-minute snapshots since its last restart (73 min ago), so 1h values fill in after an hour and 24h values after a day. Trade links go to the exchange and may be referral links.
Bybit Trade on Bybit
No account yet? Signing up through our link helps keep Volume Monitor free.
Referral link · availability depends on your country (not available in the US)
HL New to Hyperliquid?
Code VOLUMEMONITOR saves 4% on fees for your first $25M of volume. New wallets only: use it before your first trade.
Referral link · availability depends on your country
BTC long/short ratio
All coins' long/short ratios →Share of longs; changes in percentage points (pp). Accounts = share of accounts with a net long position; top traders = share of the combined position of Binance's top 20% of traders by margin that is long. New points every 5 minutes; 24h history backfilled from the exchanges.
BTC volume spikes
See live spikes for all coins →| Time | Venue | Type | Side | $ in 1m | × normal | Buy % | +5m | +15m | +1h |
|---|---|---|---|---|---|---|---|---|---|
| 1m ago | HL perp | VOL | MIXED | $5.78M | 10.4× | 42% | — | — | — |
| 1m ago | BIN spot | VOL | SELL | $2.07M | 4.4× | 23% | — | — | — |
| 2m ago | BYB perp | VOL | MIXED | $8.10M | 5.1× | 50% | — | — | — |
| 3m ago | BIN perp | VOL | SELL | $17.22M | 4.0× | 39% | — | — | — |
| 4m ago | BYB perp | LIQ | LONGS | $253K | — | — | — | — | — |
| 7m ago | BYB spot | VOL | SELL | $2.87M | 11.0× | 4% | -0.14% | — | — |
| 32m ago | BYB spot | VOL | BUY | $236K | 4.4× | 94% | -0.13% | -0.04% | — |
| 32m ago | BYB spot | VOL | BUY | $1.27M | 5.1× | 76% | -0.12% | -0.03% | — |
| 32m ago | BYB perp | VOL | BUY | $13.94M | 8.4× | 94% | -0.12% | -0.03% | — |
| 32m ago | BIN perp | VOL | BUY | $41.31M | 8.8× | 88% | -0.12% | -0.04% | — |
| 32m ago | BIN spot | VOL | BUY | $2.07M | 4.5× | 69% | -0.11% | -0.03% | — |
| 33m ago | BIN perp | VOL | BUY | $5.53M | 4.1× | 86% | +0.02% | +0.04% | — |
| 45m ago | BIN spot | VOL | BUY | $1.64M | 4.4× | 61% | +0.10% | +0.26% | — |
| 56m ago | BIN perp | VOL | SELL | $11.48M | 9.8× | 25% | -0.14% | -0.10% | — |
| 56m ago | BIN spot | VOL | MIXED | $2.30M | 4.7× | 57% | -0.13% | -0.10% | — |
| 57m ago | BIN perp | LIQ | SHORTS | $413K | — | — | — | — | — |
| 57m ago | BYB spot | VOL | BUY | $756K | 4.8× | 70% | -0.29% | -0.23% | — |
| 59m ago | HL perp | VOL | BUY | $3.46M | 4.9× | 67% | -0.14% | -0.18% | — |
| 60m ago | BIN perp | VOL | BUY | $16.29M | 6.0× | 61% | -0.02% | -0.20% | -0.32% |
| 60m ago | BYB perp | VOL | BUY | $6.07M | 5.5× | 78% | -0.02% | -0.20% | -0.33% |
| 60m ago | BIN spot | VOL | MIXED | $1.03M | 7.2× | 55% | -0.01% | -0.19% | -0.31% |
| 61m ago | BIN perp | VOL | BUY | $3.43M | 4.5× | 73% | +0.09% | -0.16% | -0.27% |
| 68m ago | BIN spot | VOL | BUY | $747K | 5.2× | 64% | +0.07% | +0.12% | +0.08% |
| 68m ago | BIN perp | VOL | BUY | $3.90M | 5.1× | 81% | +0.08% | +0.12% | +0.10% |
Newest first, up to 100. +5m / +15m / +1h show the price change after each spike and fill in as time passes. They describe the past, not a prediction.
BTC liquidations: long vs short
All liquidations →| Window | Longs | Shorts | Long / short | Count |
|---|---|---|---|---|
| 1h | $376K | $183K | 37 | |
| 4h | $376K | $982K | 85 | |
| 24h | $376K | $982K | 85 |
Biggest BTC liquidations, 24h
- BYBLONG$253K@ 84,4684m ago
- BINSHORT$244K@ 85,116.157m ago
- BINSHORT$147K@ 84,664.42m ago
- BINSHORT$132K@ 85,114.957m ago
- BINSHORT$93K@ 84,942.861m ago
Latest
- BINLONG$12K@ 84,646.92m ago
- BYBLONG$2,447@ 84,3772m ago
- BINLONG$1,947@ 84,657.72m ago
- BINLONG$15K@ 84,6502m ago
- BINSHORT$147K@ 84,664.42m ago
- BINLONG$41K@ 84,664.32m ago
- BYBLONG$3,461@ 84,408.42m ago
- BINLONG$508@ 84,680.22m ago
From Binance USDⓈ-M and Bybit linear perps. Binance reports at most one liquidation per symbol per second, so totals are a lower bound. A long liquidation is a forced sell; a short liquidation is a forced buy.
About the BTC numbers
BTC funding rate
Perpetual futures have no expiry, so exchanges keep their price close to spot with periodic funding payments between longs and shorts. A positive BTC funding rate means longs pay shorts (more demand for leveraged longs); negative means shorts pay longs. Rates here are converted to an 8-hour equivalent so exchanges with 1h, 4h and 8h intervals compare directly, and the headline figure is weighted by each exchange's open interest.
BTC open interest
Open interest is the USD value of all open BTC perpetual positions. Rising OI alongside a price move means new positions are opening; falling OI means positions are closing (including liquidations). OI changes are measured from 5-minute snapshots.
BTC liquidations
A liquidation is a leveraged position the exchange closed by force. Long liquidations are forced sells that hit when price drops; short liquidations are forced buys when price rises. The long/short split shows which side was caught.
BTC long/short ratio
The share of traders long versus short on BTC perpetuals. Accounts figures count each account once (the share with a net long position on Binance, or holding a long on Bybit); the Binance top traders figure is the share of the combined position of the top 20% of Binance traders by margin that is long. A ratio above 1 means more longs than shorts. Retail account ratios lean long most of the time, so changes and divergences say more than the level. See the BTC long/short ratio page.
BTC volume spikes
A spike is a minute where one BTC market traded at least 4× its normal minute volume, with a size floor. Buy % is the share of taker buys. The +5m / +15m / +1h columns show what price did afterwards. They are history, not a signal. Not financial advice.