Binance vs Lighter head to head
| Metric | Binance | Lighter |
|---|---|---|
| Open interest | $30.30B | $497.69M |
| Share of all exchanges tracked | 40.4% | 0.7% |
| Perp volume, 24h | $53.02B | $1.41B |
| Perpetual markets | 584 | 112 |
| OI on the 104 shared coins | $21.27B | $495.28M |
| Avg funding on shared coins / 8h | 0.0065% | 0.0110% |
| Higher funding on | 76 coins | 28 coins |
| OI-weighted funding, all perps / 8h | 0.0078% | 0.0081% |
| Liquidations, last 24 hours | $156.78M | $20K |
| Long share of liquidations | 61.5% | 22.3% |
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 | 0.0054% | 0.0040% | 0.0014% | $7.83B | $176.00M |
| 2 | ETH | 0.0100% | 0.0096% | 0.0004% | $6.32B | $116.21M |
| 3 | SOL | 0.0061% | 0.0072% | -0.0011% | $986.99M | $13.81M |
| 4 | ZEC | 0.0100% | 0.0096% | 0.0004% | $648.15M | $19.18M |
| 5 | XRP | 0.0100% | 0.0096% | 0.0004% | $477.76M | $2.02M |
| 6 | BNB | 0.0000% | 0.0096% | -0.0096% | $446.06M | $3.01M |
| 7 | HYPE | 0.0100% | 0.0096% | 0.0004% | $375.56M | $12.94M |
| 8 | DOGE | 0.0100% | 0.0096% | 0.0004% | $289.38M | $643K |
| 9 | NEAR | 0.0023% | 0.0144% | -0.0121% | $248.16M | $22.54M |
| 10 | UNI | 0.0058% | 0.0096% | -0.0038% | $247.55M | $3.60M |
| 11 | LINK | 0.0079% | 0.0096% | -0.0017% | $159.62M | $2.33M |
| 12 | SUI | -0.0006% | 0.0096% | -0.0102% | $158.98M | $1.10M |
| 13 | ENA | 0.0100% | 0.0096% | 0.0004% | $140.57M | $4.73M |
| 14 | WLFI | 0.0537% | 0.0096% | 0.0441% | $137.45M | $950K |
| 15 | AVAX | 0.0100% | 0.0096% | 0.0004% | $129.13M | $1.30M |
| 16 | LIT | 0.0100% | 0.0096% | 0.0004% | $70.15M | $49.03M |
| 17 | BCH | 0.0015% | 0.0096% | -0.0081% | $116.02M | $531K |
| 18 | WLD | 0.0069% | 0.0096% | -0.0027% | $102.96M | $6.12M |
| 19 | PAXG | 0.0100% | -0.0080% | 0.0180% | $106.21M | $1.48M |
| 20 | LTC | 0.0029% | 0.0096% | -0.0067% | $103.58M | $1.34M |
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.