Open interest is the total value of futures contracts that are still open. Rising open interest means new money and new leverage are entering the market; falling open interest means positions are being closed. Together with the long/short ratio, it shows how traders are positioned. This page combines open interest from Binance, Bybit and OKX for twelve large coins with Binance’s daily positioning data for Bitcoin.
Open interest in Bitcoin perpetual futures stands at $15.67B across Binance, Bybit and OKX, and at $31.14B for the 12 coins tracked here. On Binance, Bitcoin open interest is down 4.6% over 30 days. 52% of Binance accounts with an open BTC position are long (long/short ratio 1.09), top traders hold 1.78 long positions for every short and taker buy volume was 0.96× taker sell volume on the latest full day.
Open interest by coin and exchange
| Coin | Binance | Bybit | OKX | Total | 24h price |
|---|---|---|---|---|---|
| BTC Bitcoin | $8.20B | $4.92B | $2.55B | $15.67B | +0.15% |
| ETH Ethereum | $6.22B | $2.25B | $1.63B | $10.10B | −0.39% |
| SOL Solana | $1.00B | $739.3M | $357.5M | $2.10B | +0.69% |
| XRP XRP | $480.9M | $321.8M | $112.6M | $915.3M | +0.53% |
| BNB BNB | $460.7M | $118.3M | $60.1M | $639.1M | −0.67% |
| DOGE Dogecoin | $291.1M | $136.3M | $99.6M | $527.0M | −0.29% |
| ADA Cardano | $125.4M | $81.6M | $40.5M | $247.6M | +2.57% |
| TRX TRON | $102.7M | $57.4M | $16.7M | $176.9M | −0.09% |
| AVAX Avalanche | $121.5M | $86.6M | $20.3M | $228.4M | +5.16% |
| LINK Chainlink | $127.5M | $79.3M | $28.9M | $235.7M | +0.47% |
| TON Toncoin | — | — | — | $0 | — |
| SUI Sui | $151.9M | $107.7M | $46.4M | $305.9M | −0.32% |
Bitcoin open interest, last 30 days (Binance)
Bitcoin positioning by day (Binance)
| Date | Open interest | Long/short (accounts) | Top traders L/S | Taker buy/sell |
|---|---|---|---|---|
| Tue 6 Oct | $8.08B | 1.09 | 1.78 | — |
| Mon 5 Oct | $8.43B | 1.02 | 1.81 | 0.96 |
| Sun 4 Oct | $8.30B | 1.22 | 1.85 | 1.07 |
| Sat 3 Oct | $8.29B | 1.19 | 2.05 | 0.93 |
| Fri 2 Oct | $8.22B | 1.04 | 1.90 | 1.02 |
| Thu 1 Oct | $7.98B | 1.35 | 2.09 | 0.98 |
| Wed 30 Sep | $7.73B | 1.38 | 1.93 | 1.00 |
| Tue 29 Sep | $7.75B | 1.36 | 1.88 | 1.01 |
| Mon 28 Sep | $7.95B | 1.17 | 1.89 | 0.95 |
| Sun 27 Sep | $7.98B | 1.29 | 1.94 | 0.97 |
| Sat 26 Sep | $8.00B | 1.30 | 1.95 | 1.04 |
| Fri 25 Sep | $8.09B | 1.22 | 1.93 | 0.94 |
| Thu 24 Sep | $8.31B | 1.16 | 1.89 | 0.98 |
| Wed 23 Sep | $9.20B | 0.90 | 2.10 | 0.94 |
Data: Binance, Bybit and OKX public futures APIs. Open interest is the dollar value of all open perpetual futures contracts (USDT-margined). Updated 6 Oct 2026, 18:38 UTC. Not financial advice.
Frequently asked questions
What is open interest?
The total value of all perpetual futures contracts that have been opened and not yet closed. Each contract has a long and a short side, so open interest measures how much leveraged exposure exists, not which direction it points.
What is the long/short ratio?
On Binance, the account long/short ratio compares the share of accounts holding a net long position with those holding a net short position. The top-trader ratio does the same for the largest accounts, weighted by position size.
What is the taker buy/sell ratio?
It compares the volume of market orders that bought with the volume that sold. Above 1 means buyers were more aggressive that day; below 1 means sellers were.
Does rising open interest mean prices will rise?
No. Rising open interest only means more leverage. If price rises with it, longs are adding; if price falls with it, shorts are adding. High leverage makes sharp moves in either direction more likely.