Bitcoin Futures Market Breakdown

Total BTC:USD Futures Exchange Volume Market Share
Rolling 24-hour Notional USD Volume Tuesday, 18-Nov-25 01:35:29 UTC

Exchange Total Volume (USD)
(% market share)
Total Open Interest (USD) Volume / OI
Binance $21,526,915,969 (62.54%) $12,070,765,403 1.78
OKX $11,023,787,994 (32.03%) $3,640,016,289 3.03
Deribit $1,080,936,122 (3.14%) $2,604,187,940 0.42
BitMEX $702,775,900 (2.04%) $343,800,300 2.04
Bitfinex $70,474,018 (0.20%) $632,999,324 0.11
Huobi † $14,026,200 (0.04%) $44,890,037 0.31
Total $34,418,916,202 (100%) $19,336,659,293
† Note: Exchange double counts volume in their reported figures, so the numbers have been halved to normalise with other exchanges
‡ Note: Exchange uses trade-mining which can inflated reported volumes. See Alameda Research report for more.

BitMEX

Contract / Type Symbol Price Premium Volume Open Interest
(last) (index) (nom) (%) (a%) (USD) (USD)
Perpetual A XBTUSD $91,881 $91,954 $-73 -0.079% -0.0793% 700,941,200 298,782,000
Dec 2025 A XBTZ25 $92,436 $91,954 $481 0.524% 4.8254% 653,800 23,581,000
Mar 2026 A XBTH26 $93,415 $91,954 $1,460 1.588% 4.4387% 1,072,100 16,445,300
Jun 2026 A XBTM26 $94,661 $91,954 $2,707 2.944% 4.8487% 108,800 4,992,000

OKX

Contract / Type Symbol Price Premium Volume Open Interest
(last) (index) (nom) (%) (a%) (USD) (USD)
Perpetual A BTC-USD-SWAP $91,881 $91,935 $-54 -0.059% -0.0590% 1,129,067,600 879,512,400
Perpetual B BTC-USDT-SWAP $91,993 $92,038 $-45 -0.049% -0.0486% 9,798,789,438 2,379,181,136
Weekly Nov 21 B BTC-USDT-251121 $92,159 $92,036 $123 0.134% 11.4318% 438,126 1,924,795
Weekly Nov 21 A BTC-USD-251121 $92,038 $91,935 $102 0.111% 9.5277% 6,347,200 8,047,300
Bi-weekly Nov 28 B BTC-USDT-251128 $92,103 $92,038 $65 0.071% 2.2843% 263,267 1,267,693
Bi-weekly Nov 28 A BTC-USD-251128 $92,041 $91,937 $104 0.113% 3.6717% 7,494,300 44,000,300
Dec 2025 B BTC-USDT-251226 $92,428 $92,038 $390 0.424% 3.9428% 1,158,968 3,075,318
Dec 2025 A BTC-USD-251226 $92,258 $91,945 $313 0.341% 3.1663% 29,998,900 205,516,700
Mar 2026 B BTC-USDT-260327 $93,492 $92,038 $1,454 1.579% 4.4255% 652,962 2,603,047
Mar 2026 A BTC-USD-260327 $93,296 $91,945 $1,351 1.469% 4.1155% 34,372,000 75,432,200
Jun 2026 B BTC-USDT-260626 $94,697 $92,038 $2,659 2.889% 4.7664% 672,633 676,800
Jun 2026 A BTC-USD-260626 $94,504 $91,940 $2,564 2.789% 4.6001% 14,532,600 38,778,600

Huobi

Contract / Type Symbol Price Premium Volume Open Interest
(last) (index) (nom) (%) (a%) (USD) (USD)
Perpetual A BTC-USD $91,996 $91,996 $0 0.000% 0.0000% 11,722,700 44,422,200
Weekly Nov 21 A BTC-CW $91,740 $91,937 $-197 -0.214% -18.3440% 241,300 11,967
Bi-weekly Nov 28 A BTC-NW $91,764 $91,937 $-173 -0.188% -6.0889% 255,500 9,174
Dec 2025 A BTC-CQ $91,554 $91,937 $-383 -0.417% -3.8751% 1,806,700 446,695

Binance

Contract / Type Symbol Price Premium Volume Open Interest
(last) (index) (nom) (%) (a%) (USD) (USD)
Perpetual B BTCUSDT $92,012 $92,055 $-44 -0.047% -0.0473% 18,997,126,622 9,382,710,924
Perpetual A BTCUSD_PERP $91,921 $91,983 $-63 -0.068% -0.0684% 2,402,918,800 2,241,687,700
Dec 2025 A BTCUSD_251226 $92,323 $91,994 $328 0.357% 3.3190% 52,353,200 203,621,500
Dec 2025 B BTCUSDT_251226 $92,429 $92,087 $342 0.371% 3.4529% 19,169,391 59,965,957
Mar 2026 A BTCUSD_260327 $93,400 $91,991 $1,409 1.532% 4.2917% 40,161,800 148,533,200
Mar 2026 B BTCUSDT_260327 $93,521 $92,088 $1,433 1.556% 4.3594% 15,186,155 34,246,121

Deribit

Contract / Type Symbol Price Premium Volume Open Interest
(last) (index) (nom) (%) (a%) (USD) (USD)
Perpetual A BTC-PERPETUAL $91,967 $91,987 $-21 -0.023% -0.0227% 948,053,581 1,460,668,290
Weekly Nov 21 A BTC-21NOV25 $91,958 $91,987 $-30 -0.033% -2.7823% 28,136,848 29,394,560
Bi-weekly Nov 28 A BTC-28NOV25 $92,028 $91,987 $40 0.044% 1.4115% 25,353,981 195,530,360
Dec 2025 A BTC-26DEC25 $92,313 $91,987 $325 0.353% 3.2573% 42,475,123 565,785,310
Mar 2026 A BTC-27MAR26 $93,538 $91,987 $1,550 1.685% 4.7095% 25,030,968 227,382,690
Jun 2026 A BTC-26JUN26 $94,730 $91,987 $2,743 2.981% 4.9108% 11,885,621 125,426,730

Bitfinex

Contract / Type Symbol Price Premium Volume Open Interest
(last) (index) (nom) (%) (a%) (USD) (USD)
Perpetual B tBTCF0:USTF0 $92,118 $- $- -% 70,474,018 632,999,324

Concept/creator: swapman - Head developer: instabot
Instabot is also founder at Alertatron, an alerting and trading automation service.