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Open Interest (OI) Overview

USDT perpetual open interest across 5 exchanges totals 41.1B USD, −0.33% over the past 24 hours; Bitcoin (BTC) accounts for 14.9B.

Total Open Interest · 5 Exchanges
41.1BUSD
1h−0.17%
4h+0.49%
24h−0.33%
5-minute data Updated 10/11 16:00 UTC+8
Open Interest by Coin
Coin OI 1h 4h 24h
BTC 14.9B −0.11% +0.57% −1.01%
ETH 9.48B −0.22% −0.15% −1.37%
SOL 2.23B −0.10% +0.29% −1.93%
XRP 809M +0.04% +0.53% −2.72%
HYPE 728M −0.26% −0.42% +1.36%
NEAR 646M +0.32% +1.25% +8.24%
BNB 628M −0.26% −0.07% −0.63%
DOGE 487M −0.43% +0.22% −1.88%
UNI 327M −0.63% −0.18% −1.57%
SUI 313M −0.55% −0.07% −3.40%
ENA 252M −0.66% +0.53% +1.59%
WLD 240M −1.42% −1.28% +3.49%
LINK 233M −0.23% −0.00% −0.47%
AVAX 220M −0.05% +1.33% −2.63%
ADA 216M −0.49% +0.59% −1.16%
LTC 204M −0.37% +0.61% −0.52%
TRX 184M −0.11% +0.01% +0.32%
AAVE 183M −0.41% −1.44% −3.07%
ONDO 174M −0.73% −0.35% −6.90%
PEPE 169M −0.46% +1.24% −3.63%
BCH 166M −0.53% +1.04% −0.72%
ARB 110M −0.91% +1.96% +7.90%
FIL 107M −1.33% +2.69% −4.61%
DOT 87.4M +0.18% +0.83% −4.37%
HBAR 75.5M +0.32% +1.80% +1.08%
APT 60.1M −1.04% −1.52% +5.33%
ETC 48.7M −0.76% +0.86% −2.70%
OP 48.2M +0.10% +1.31% +2.63%
SHIB 42.3M −0.50% +0.77% −1.24%
WIF 29.5M +0.11% +1.48% +0.03%

USDT-margined perpetuals only; exchanges that report both sides combined are halved to one side; the total is the sum of these 5 exchanges only · How we count →Collapse ↑

Included: Binance, OKX, BingX, Bybit and Gate.io. Gate.io report both sides combined; their figures are halved to one side.

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Indicator Explanation

Open interest (OI) is the total of contract positions that have not been closed. Rising OI means more positions are being opened than closed; falling OI means positions are being closed or liquidated. It says nothing about direction — every long has a short on the other side. The common read is against price: price up with OI up means new positions are driving the move; price up with OI down is mostly short covering. This page adds up the USD open interest each exchange reports for its USDT perpetuals — halving the exchanges that report both sides combined — and lists the 1-, 4- and 24-hour change. Because the figure is in USD, a price move alone shifts it, so a small change in a short window is not necessarily anyone opening or closing.

OI imbalance looks at the same thing from another side — whether open interest is high relative to market cap. That view is the OI Imbalance tab.

Combine it with Holder Concentration, Whale Hunter or the Liquidation Map.

How much time do you spend wiring APIs, pulling data, and debugging — instead of thinking about strategy? Describe the signal, and Blave Agent researches and backtests it.

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Source: public exchange APIs · 5-minute data