Bitcoin Futures Market Breakdown

Total BTC:USD Futures Exchange Volume Market Share
Rolling 24-hour Notional USD Volume Friday, 21-Feb-25 11:19:36 UTC

Exchange Total Volume (USD)
(% market share)
Total Open Interest (USD) Volume / OI
Binance $14,410,324,526 (63.70%) $11,065,334,396 1.30
OKX $7,175,654,133 (31.72%) $3,648,492,466 1.97
Deribit $653,508,929 (2.89%) $2,204,847,140 0.30
BitMEX $337,716,600 (1.49%) $462,898,900 0.73
Bitfinex $41,095,081 (0.18%) $794,704,549 0.05
Huobi † $4,813,900 (0.02%) $42,516,549 0.11
Total $22,623,113,169 (100%) $18,218,794,000
† 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 $98,546 $98,593 $-48 -0.048% -0.0484% 336,404,400 370,616,300
Mar 2025 A XBTH25 $99,302 $98,593 $709 0.719% 7.2499% 662,700 35,298,200
Jun 2025 A XBTM25 $100,989 $98,593 $2,395 2.429% 6.9717% 480,100 42,866,100
Sep 2025 A XBTU25 $103,630 $98,593 $5,037 5.109% 8.5459% 169,400 14,118,300

OKX

Contract / Type Symbol Price Premium Volume Open Interest
(last) (index) (nom) (%) (a%) (USD) (USD)
Perpetual A BTC-USD-SWAP $98,588 $98,612 $-24 -0.024% -0.0239% 837,857,500 726,945,600
Perpetual B BTC-USDT-SWAP $98,560 $98,569 $-9 -0.009% -0.0090% 6,262,714,136 2,471,210,039
Weekly Feb 28 B BTC-USDT-250228 $98,744 $98,569 $175 0.178% 8.2431% 294,284 890,535
Weekly Feb 28 A BTC-USD-250228 $98,734 $98,612 $122 0.124% 5.7583% 6,861,000 28,623,500
Bi-weekly Mar 07 B BTC-USDT-250307 $98,830 $98,569 $261 0.265% 6.5083% 289,466 89,497
Bi-weekly Mar 07 A BTC-USD-250307 $98,847 $98,612 $235 0.238% 5.8529% 2,839,200 323,700
Mar 2025 B BTC-USDT-250328 $99,196 $98,569 $627 0.636% 6.4722% 905,688 5,856,028
Mar 2025 A BTC-USD-250328 $99,187 $98,612 $575 0.583% 5.9379% 20,510,900 252,501,500
Jun 2025 B BTC-USDT-250627 $101,317 $98,569 $2,748 2.788% 8.0215% 925,380 5,197,821
Jun 2025 A BTC-USD-250627 $101,192 $98,612 $2,580 2.616% 7.5276% 28,280,200 102,427,300
Sep 2025 B BTC-USDT-250926 $103,881 $98,569 $5,312 5.389% 9.0280% 284,879 1,826,146
Sep 2025 A BTC-USD-250926 $103,750 $98,612 $5,139 5.211% 8.7301% 13,891,500 52,600,800

Huobi

Contract / Type Symbol Price Premium Volume Open Interest
(last) (index) (nom) (%) (a%) (USD) (USD)
Perpetual A BTC-USD $98,580 $98,580 $0 0.000% 0.0000% 3,813,400 42,049,100
Weekly Feb 28 A BTC-CW $98,593 $98,652 $-60 -0.060% -2.8009% 300,600 14,291
Bi-weekly Mar 07 A BTC-NW $98,282 $98,652 $-370 -0.375% -9.2061% 279,800 9,931
Mar 2025 A BTC-CQ $98,497 $98,652 $-155 -0.157% -1.6011% 420,100 443,227

Binance

Contract / Type Symbol Price Premium Volume Open Interest
(last) (index) (nom) (%) (a%) (USD) (USD)
Perpetual B BTCUSDT $98,515 $98,578 $-63 -0.064% -0.0642% 12,943,806,611 7,943,379,394
Perpetual A BTCUSD_PERP $98,555 $98,602 $-47 -0.048% -0.0481% 1,332,684,100 2,153,811,600
Mar 2025 A BTCUSD_250328 $99,293 $98,602 $691 0.701% 7.1324% 53,875,700 511,172,400
Mar 2025 B BTCUSDT_250328 $99,264 $98,578 $685 0.695% 7.0769% 24,155,159 73,276,563
Jun 2025 A BTCUSD_250627 $101,351 $98,603 $2,749 2.788% 8.0203% 43,837,000 328,316,700
Jun 2025 B BTCUSDT_250627 $101,123 $98,578 $2,545 2.582% 7.4275% 11,965,956 55,377,740

Deribit

Contract / Type Symbol Price Premium Volume Open Interest
(last) (index) (nom) (%) (a%) (USD) (USD)
Perpetual A BTC-PERPETUAL $98,650 $98,614 $36 0.036% 0.0364% 572,830,609 980,003,290
Weekly Feb 28 A BTC-28FEB25 $98,765 $98,614 $151 0.154% 7.1278% 20,548,573 114,305,250
Bi-weekly Mar 07 A BTC-7MAR25 $98,940 $98,614 $326 0.331% 8.1289% 3,426,575 2,270,060
Mar 2025 A BTC-28MAR25 $99,345 $98,614 $731 0.741% 7.4742% 33,229,217 661,500,330
Jun 2025 A BTC-27JUN25 $101,278 $98,614 $2,664 2.701% 7.7518% 18,861,332 303,649,290
Sep 2025 A BTC-26SEP25 $103,673 $98,614 $5,059 5.130% 8.5816% 4,612,623 143,118,920

Bitfinex

Contract / Type Symbol Price Premium Volume Open Interest
(last) (index) (nom) (%) (a%) (USD) (USD)
Perpetual B tBTCF0:USTF0 $98,637 $- $- -% 41,095,081 794,704,549

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