Derivatives positioning · funding · liquidations
Crypto open interest
Track crypto open interest alongside funding, long/short positioning, price and liquidations in the TradingHub derivatives terminal.
Live open-interest workspace
USD-normalized perpetual open interest across Binance, Bybit and OKX. Partial venue failures remain visible instead of becoming zero.
| Venue | Price | Open interest | OI share | Funding | Next funding |
|---|---|---|---|---|---|
| Loading live data… | |||||
What open interest tells you
Open interest is the amount of derivative exposure that remains open. Rising OI during a price move means new positions are entering the market; falling OI means positions are being closed or liquidated. The number does not tell you by itself whether the new exposure is bullish or bearish.
Read OI with funding and price
The useful question is not simply whether OI is high. Compare the direction of price, the change in OI and the funding rate. Rising price with rising OI can indicate expanding participation; a sharp price move with collapsing OI can reflect a deleveraging event. Funding adds information about which side is paying to hold perpetual exposure.
Coverage and interpretation
TradingHub uses market snapshots for open-interest context and marks missing or stale data. OI methodologies and contract units differ by venue, so normalized cross-market comparisons should be treated as analytical context rather than exact accounting of every position across the industry.
Related TradingHub tools
Risk: derivatives and leveraged crypto trading can result in rapid losses. TradingHub provides market data and calculation tools, not financial advice or trade signals.
Derivatives data may be delayed, incomplete or venue-specific. Liquidation, funding and open-interest tools are analytical context, not trading signals. Risk Disclaimer