NPC open interest live: chart and OI by exchange
Open interest in NPC perpetual futures totals $1.07M across 2 markets, with KuCoin NPCUSDTM holding 100.0% of it. OI changed -1.83% in the last hour, -4.25% over 4 hours and -12.65% over 24 hours. Over the same 24 hours the price moved -5.94%: positions closed while price fell, which is typical of longs exiting or being liquidated.
NPC 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| KuCoin NPCUSDTM | $1.07M | 100.0% | -1.83% | -4.25% | -12.65% | -1.12% | -5.94% | 0.0100% | $193K | Trade |
| MEXC NPC_USDT | $68K * | — | -1.23% | +0.66% | -5.50% | -1.23% | -5.47% | -0.0400% | $103K | Trade |
Trade links go to the exchange and may be referral links. Compare every coin on the open interest page.
NPC open interest history
From recorded history, hourlyNPC open interest is $1.07M, down 11.7% over the past 7 days, and down 14.8% in the last 24 hours.
NPC open interest
All perps, USDNot recorded Chart: TradingView Lightweight Charts™
About the NPC open interest
What is NPC open interest?
Open interest (OI) is the total value of all open NPC 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 NPC.
Where the numbers come from
NPC OI comes from the public APIs of KuCoin and MEXC 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.
Is this aggregated NPC open interest?
Yes. The headline figure and the NPC open interest chart sum eligible tracked NPC perpetuals; the current total includes KuCoin ($1.07M now). Current coverage: 1 exchange (MEXC excluded) · see coverage. Excluded venues remain visible per market but contribute neither to the combined total nor to row shares. Markets with missing or stale OI also have no share; historical coverage can vary, with history since 2 Oct. The same series is free as JSON from /api/series/oi.
Which exchange has the most NPC open interest?
Right now KuCoin (NPCUSDTM) is the largest NPC perpetual market, with $1.07M or 100.0% of the $1.07M total. The table above ranks all 2 markets by OI with their 1h, 4h and 24h changes and funding.
Where can I compare open interest across coins?
The crypto open interest table ranks every perpetual by OI with 1h, 4h and 24h changes, the OI change screener finds the biggest moves, and Hyperliquid open interest covers the on-chain exchange on its own.