Bitcoin Futures Market Breakdown

Total BTC:USD Futures Exchange Volume Market Share
Rolling 24-hour Notional USD Volume Friday, 11-Jul-25 22:10:38 UTC

Exchange Total Volume (USD)
(% market share)
Total Open Interest (USD) Volume / OI
Binance $28,773,020,017 (65.42%) $13,374,095,652 2.15
OKX $12,985,197,984 (29.52%) $4,498,819,456 2.89
Deribit $1,645,430,277 (3.74%) $2,269,975,110 0.72
BitMEX $542,847,100 (1.23%) $408,601,500 1.33
Bitfinex $23,173,131 (0.05%) $855,535,363 0.03
Huobi † $14,872,400 (0.03%) $27,470,393 0.54
Total $43,984,540,909 (100%) $21,434,497,474
† 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 $117,685 $117,675 $10 0.008% 0.0083% 535,622,300 337,812,300
Sep 2025 A XBTU25 $119,284 $117,675 $1,609 1.367% 6.4182% 3,871,000 28,288,900
Dec 2025 A XBTZ25 $121,436 $117,675 $3,760 3.195% 6.9118% 3,077,200 19,312,400
Mar 2026 A XBTH26 $124,621 $117,675 $6,946 5.902% 8.2943% 276,600 23,187,900

OKX

Contract / Type Symbol Price Premium Volume Open Interest
(last) (index) (nom) (%) (a%) (USD) (USD)
Perpetual A BTC-USD-SWAP $117,652 $117,674 $-22 -0.018% -0.0184% 1,498,898,600 840,153,700
Perpetual B BTC-USDT-SWAP $117,592 $117,625 $-33 -0.028% -0.0280% 11,391,070,744 3,214,573,670
Weekly Jul 18 B BTC-USDT-250718 $117,813 $117,625 $188 0.160% 7.8820% 445,690 320,049
Weekly Jul 18 A BTC-USD-250718 $117,771 $117,674 $98 0.083% 4.0817% 7,759,400 7,689,900
Bi-weekly Jul 25 B BTC-USDT-250725 $117,854 $117,625 $229 0.195% 4.9381% 184,436 1,103,567
Bi-weekly Jul 25 A BTC-USD-250725 $117,887 $117,674 $214 0.181% 4.5959% 10,161,400 46,016,800
Sep 2025 B BTC-USDT-250926 $119,247 $117,625 $1,622 1.379% 6.5021% 618,967 4,191,126
Sep 2025 A BTC-USD-250926 $119,239 $117,674 $1,566 1.330% 6.2734% 43,021,900 249,787,500
Dec 2025 B BTC-USDT-251226 $121,241 $117,625 $3,616 3.074% 6.6633% 933,975 3,613,365
Dec 2025 A BTC-USD-251226 $121,495 $117,674 $3,822 3.248% 7.0389% 25,761,100 109,100,800
Mar 2026 B BTC-USDT-260327 $123,575 $117,625 $5,950 5.059% 7.1177% 159,572 34,979
Mar 2026 A BTC-USD-260327 $123,540 $117,674 $5,866 4.985% 7.0144% 6,182,200 22,234,000

Huobi

Contract / Type Symbol Price Premium Volume Open Interest
(last) (index) (nom) (%) (a%) (USD) (USD)
Perpetual A BTC-USD $117,678 $117,678 $0 0.000% 0.0000% 13,385,500 27,111,900
Weekly Jul 18 A BTC-CW $117,543 $117,671 $-128 -0.109% -5.3739% 448,500 12,376
Bi-weekly Jul 25 A BTC-NW $117,269 $117,671 $-402 -0.342% -8.6578% 448,000 9,628
Sep 2025 A BTC-CQ $117,762 $117,671 $91 0.077% 0.3650% 590,400 336,488

Binance

Contract / Type Symbol Price Premium Volume Open Interest
(last) (index) (nom) (%) (a%) (USD) (USD)
Perpetual B BTCUSDT $117,597 $117,611 $-15 -0.013% -0.0125% 24,851,519,705 10,287,614,266
Perpetual A BTCUSD_PERP $117,634 $117,655 $-21 -0.018% -0.0175% 3,626,096,100 2,507,551,600
Sep 2025 A BTCUSD_250926 $119,306 $117,652 $1,655 1.406% 6.6312% 130,862,600 327,324,600
Sep 2025 B BTCUSDT_250926 $119,203 $117,602 $1,601 1.361% 6.4176% 43,013,915 88,347,365
Dec 2025 A BTCUSD_251226 $121,550 $117,647 $3,903 3.318% 7.1909% 93,163,100 133,384,300
Dec 2025 B BTCUSDT_251226 $121,436 $117,597 $3,839 3.264% 7.0752% 28,364,597 29,873,522

Deribit

Contract / Type Symbol Price Premium Volume Open Interest
(last) (index) (nom) (%) (a%) (USD) (USD)
Perpetual A BTC-PERPETUAL $117,671 $117,645 $26 0.022% 0.0223% 1,450,699,265 1,377,754,870
Weekly Jul 18 A BTC-18JUL25 $117,813 $117,645 $168 0.143% 7.0214% 51,546,520 50,504,990
Bi-weekly Jul 25 A BTC-25JUL25 $117,995 $117,645 $350 0.298% 7.5400% 51,348,364 132,520,300
Sep 2025 A BTC-26SEP25 $119,390 $117,645 $1,745 1.483% 6.9647% 41,029,820 309,004,320
Dec 2025 A BTC-26DEC25 $121,578 $117,645 $3,933 3.343% 7.2308% 38,344,011 295,661,870
Mar 2026 A BTC-27MAR26 $123,688 $117,645 $6,043 5.136% 7.2178% 12,462,297 104,528,760

Bitfinex

Contract / Type Symbol Price Premium Volume Open Interest
(last) (index) (nom) (%) (a%) (USD) (USD)
Perpetual B tBTCF0:USTF0 $117,660 $- $- -% 23,173,131 855,535,363

Concept/creator: swapman - Head developer: instabot
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