Exchange liquidity ranking
Derivatives liquidity across 25 exchanges: open interest, volume, funding and liquidations.
| # | Exchange | Open interest | OI share | Volume 24h | Funding rate | Liq. 24h | Contracts |
|---|---|---|---|---|---|---|---|
| 1 |  Binance | $23.05B | 22.7% | $39.53B | -0.0034% | $323.50M | 638 |
| 2 |  Bybit | $10.91B | 10.8% | $12.67B | -0.0036% | $119.27M | 693 |
| 3 |  MEXC | $10.33B | 10.2% | $9.95B | -0.0034% | — | 1,043 |
| 4 | CME | $9.81B | 9.7% | — | — | — | — |
| 5 |  Gate | $9.73B | 9.6% | $13.21B | -0.0030% | $89.20M | 894 |
| 6 |  Hyperliquid | $7.40B | 7.3% | $6.87B | -0.0015% | $204.21M | 179 |
| 7 |  OKX | $6.91B | 6.8% | $19.40B | -0.0057% | $126.17M | 398 |
| 8 |  Bitget | $6.51B | 6.4% | $6.88B | -0.0024% | $35.61M | 741 |
| 9 |  WhiteBIT | $3.66B | 3.6% | $5.99B | +0.0037% | — | 313 |
| 10 | Tradexyz | $2.46B | 2.4% | $935.49M | -0.0040% | — | 52 |
| 11 |  KuCoin | $2.44B | 2.4% | $2.78B | -0.0082% | — | 593 |
| 12 | Deribit | $2.08B | 2.0% | $7.29B | -0.0002% | — | 153 |
| 13 | BingX | $1.56B | 1.5% | $3.39B | +0.0013% | — | 570 |
| 14 |  HTX | $1.12B | 1.1% | $1.59B | +0.0022% | $11.00M | 294 |
| 15 | Aster | $958.48M | 0.9% | $1.41B | +0.0006% | $10.07M | 514 |
| 16 | Crypto.com | $745.01M | 0.7% | $834.55M | -0.0082% | — | 307 |
| 17 |  Bitfinex | $710.28M | 0.7% | $74.85M | +0.0094% | $498.6K | 76 |
| 18 |  Lighter | $360.84M | 0.4% | $1.93B | -0.0017% | $5.17M | 156 |
| 19 |  Kraken | $357.88M | 0.4% | $1.07B | -0.0072% | — | 184 |
| 20 | Edgex | $269.39M | 0.3% | $663.26M | — | — | 195 |
| 21 | Backpack | $75.31M | 0.1% | $115.66M | -0.0028% | — | 91 |
| 22 | dYdX | $35.67M | 0.0% | $30.96M | 0.0000% | — | 53 |
| 23 | Paradex | $21.69M | 0.0% | $6.54M | -0.0027% | — | 53 |
| 24 | LBank | — | 0.0% | $3.06B | -0.0028% | — | 691 |
| 25 | Bitunix | — | 0.0% | $5.14B | -0.0026% | — | 633 |