Market data
Stock perps, measured
Volume, open interest and funding across tracked perpetual markets. Venue-reported data, normalized and quality-filtered by PerpEquities. Historical comparisons use the fixed group shown below.
Perpetual-futures markets only, across every covered venue: stocks, ETFs, indices, commodities, FX, pre-IPO tokens and preferreds. Spot and tokenized-stock trading are never included (they live on the Tokenized tab).
Data as of 2026-11-01 03:30 UTC · Rollups updated 2026-11-01 03:12 UTC
Daily volume by venue
2026-09-11 – 2026-10-31 · Comparable history
Venues · 8/29
Pick the venues to stack; the rest fold into Other.
Total (credible) · USD · UTC
- $17,031,186,386
- $1,890,786,584
- $5,513,049,414
- $18,056,090,301
- $13,101,685,301
- $14,822,648,189
- $13,319,756,836
- $14,591,296,114
- $2,297,114,713
- $3,761,023,074
- $15,686,617,039
- $18,466,758,555
- $14,656,779,120
- $15,115,502,735
- $11,638,774,388
- $1,986,554,202
- $2,635,422,999
- $18,088,880,633
- $13,212,009,192
- $13,601,155,577
- $17,368,153,222
- $16,326,836,226
- $1,480,020,914
- $1,854,909,067
- $11,281,456,940
- $12,905,241,668
- $14,587,574,914
- $17,308,961,089
- $11,738,497,809
- $1,329,289,332
- $2,500,827,984
- $13,280,436,087
- $17,942,682,602
- $20,136,883,492
- $25,495,304,478
- $18,980,266,132
- $4,446,371,935
- $5,381,044,063
- $17,580,088,919
- $20,329,362,464
- $19,941,806,946
- $21,302,637,484
- $19,996,096,185
- $3,335,534,114
- $3,569,455,381
- $17,633,586,039
- $16,971,030,546
- $24,191,154,851
- $27,019,381,594
- $24,213,525,614
- $2,050,894,337
Composition (2026-09-11 – 2026-10-31, credible volume): Stocks 60% · Commodities 28% · ETFs 10% · Indices 2% · Pre-IPO 0% · FX 0% · Preferreds 0% — Perpetual-futures markets only, across every covered venue: stocks, ETFs, indices, commodities, FX, pre-IPO tokens and preferreds. Spot and tokenized-stock trading are never included (they live on the Tokenized tab).
Venue share
Share of credible volume in the selected range.
Completed UTC days: 7 · 2026-10-25 – 2026-10-31 · Volume share within this comparison group
What changed
Deterministic comparisons, last 7 completed days vs the 7 before.
- MEXC gained 1.2 pp of market shareShare of credible volume over the last 7 completed days vs the 7 before (5.9% → 7.1%), same venues in both windows. comparison group: the 29 venues with volume on all 14 days
- USDBRL, EWZ, OSS: volume and open interest both upUSDBRL volume +3675%, OI +64% (7 days vs the 7 before) · EWZ volume +1566%, OI +85% (7 days vs the 7 before) · OSS volume +1470%, OI +272% (7 days vs the 7 before)
- USDBRL, INTW: funding gaps that lasted a day or moreUSDBRL 28h above 100% APR spread, median 0% · INTW 24h above 100% APR spread, median 30%
Venue ranking
Click a column to sort. The same comparison group is used throughout; 7d change requires two complete, comparable weeks.
Completed UTC days: 7 · 2026-10-25 – 2026-10-31 · Volume share within this comparison group
Scroll horizontally to see all columns.
| Volume | ||||||
|---|---|---|---|---|---|---|
 Binance | $49.44B | 42.8% | +8% | $2.29B | 90 | |
 Hyperliquid HIP-3 | $18.44B | 15.9% | +7% | $3.75B | 117 | |
 Bitget | $10.33B | 8.9% | -1% | $830.6M | 190 | |
 OKX | $9.96B | 8.6% | +10% | $865.2M | 136 | |
 Gate.io | $9.67B | 8.4% | -3% | $2.08B | 252 | |
 MEXC | $8.25B | 7.1% | +29% | $1.46B | 91 | |
 Bybit | $4.79B | 4.1% | +4% | $632.4M | 102 | |
 Aster | $1.10B | 0.9% | -1% | $105.6M | 97 | |
 LBank | $664.3M | 0.6% | +30% | – | 25 | |
 Bitunix | $641.1M | 0.6% | +3% | $21.6M | 113 | |
 XT.com | $604.6M | 0.5% | +21% | $3.56B | 128 | |
 KuCoin | $501.2M | 0.4% | +6% | $118.7M | 34 | |
 Ondo Perps | $320.3M | 0.3% | -7% | $41.9M | 30 | |
 BloFin | $212.5M | 0.2% | +1% | $234.6M | 78 | |
 HTX | $184.6M | 0.2% | +5% | – | 177 | |
 Phemex | $173.8M | 0.2% | -42% | $59.4M | 44 | |
 Kraken | $91.5M | 0.1% | +19% | $19.9M | 17 | |
 GRVT | $80.2M | 0.1% | -4% | $2.8M | 80 | |
 Helix (Injective) | $58.9M | 0.1% | +4% | – | 128 | |
 Extended | $31.3M | 0.0% | +8% | $10.9M | 60 | |
 Crypto.com Exchange | $31.0M | 0.0% | +4% | $6.8M | 120 | |
 BingX | $18.8M | 0.0% | -4% | $1.8M | 1 | |
 Pacifica | $15.9M | 0.0% | +0% | $4.8M | 19 | |
 Backpack | $15.4M | 0.0% | +49% | $1.3M | 5 | |
 Lighter | $8.3M | 0.0% | -13% | $2.1M | 1 | |
 Ourbit | $5.2M | 0.0% | +15% | $625K | 6 | |
 Orderly Network | $4.6M | 0.0% | +407% | $582K | 15 | |
 Aevo | $663K | 0.0% | +14% | $526K | 44 | |
 Paradex | $53K | 0.0% | -94% | $416K | 21 |
- Column notes
- Volume (2026-10-25 – 2026-10-31) Credible volume, sum of daily samples in the range
- 7d Last 7 completed days vs the 7 before, same coverage only
- Markets Markets in the fixed comparison group, not all live markets.
Volume rising
Credible volume, last 7 completed days vs the 7 before (min $1M).
- USDBRLU.S. Dollar / Brazilian Real+3675%$465.4M · 7d
- EWZiShares MSCI Brazil ETF+1566%$305.2M · 7d
- OSSOne Stop Systems, Inc.+1470%$5.9M · 7d
- NVSNovartis AG+1374%$1.5M · 7d
- VALEVale S.A.+872%$3.8M · 7d
- BUDAnheuser-Busch InBev SA/NV+739%$1.6M · 7d
- INTWGraniteShares 2x Long INTC Daily ETF+465%$159.0M · 7d
- LWLGLightwave Logic, Inc.+381%$1.7M · 7d
Volume fading
Same comparison, largest declines.
- JNJJohnson & Johnson-83%$1.1M · 7d
- RBLXRoblox Corporation-64%$1.2M · 7d
- SMCISuper Micro Computer, Inc.-60%$15.6M · 7d
- IBMInternational Business Machines-56%$36.5M · 7d
- SBUXStarbucks-52%$1.4M · 7d
- TTMITTM Technologies, Inc.-52%$1.0M · 7d
- PENGPenguin Solutions, Inc.-52%$9.8M · 7d
- SPCHLeverage Shares 2X Long SPCX Daily ETF-51%$1.4M · 7d
Open interest building
Day-end OI vs 7 days earlier (min $500k).
- DISKTema Memory ETF+1960%$794K OI
- CCitigroup Inc.+587%$1.6M OI
- GOOGLAlphabet Inc. Class A+229%$988.9M OI
- SSPCLeverage Shares 2X Short SPCX Daily ETF+210%$744K OI
- MEDIATEKMEDIATEK+203%$712K OI
- IBIDENIbiden Co., Ltd.+132%$519K OI
- GGLLDirexion Daily GOOGL Bull 2X ETF+96%$2.2M OI
- NOWServiceNow, Inc.+94%$15.8M OI
Funding extremes
OI-weighted funding APR, latest completed day. Positive = longs pay.
How these numbers are measured
- What counts
- Every perpetual-futures market on a stock-like underlying that PerpEquities tracks: stocks, ETFs, indices, commodities, FX, pre-IPO tokens and preferreds, on every covered venue (CEX, on-chain DEX, Hyperliquid builder DEXes). Spot and tokenized-stock trading are excluded; crypto perps are not part of the universe. The composition line under the volume chart shows the split by asset class.
- Daily volume
- Rolling 24h volume sampled within 15 minutes before 00:00 UTC, on the same markets every day. Before 2026-09-11 only one sample per hour was retained: such days may use a sample up to 75 minutes before midnight and are marked approximate (≈). Missing or flagged observations are excluded; hourly deltas are never summed.
- Credible volume
- Reported volume minus markets flagged as implausible (volume far above open interest and the underlying's liquidity, or a venue-wide anomaly). Charts default to credible; venue tables show both.
- Open interest
- Live totals above use current quotes. Historical OI uses the final UTC hour. Missing, negative or incomplete OI is unknown, never zero. The OI chart includes only venues complete throughout the window.
- Funding APR
- Funding rate annualised with the venue's own interval (hourly, 4h, 8h). Positive means longs pay shorts. Medians and percentiles exclude markets with less than $100k open interest.
- Listings
- A market is new on the day PerpEquities first sees it trading and delisted on the day it stops being live. Before a venue's coverage start, its listings appear as a single batch.
- Coverage
- Comparable volume starts at 2026-09-11; funding and observation history can start earlier. The group is fixed: the same markets on every day. Markets listed during the window are not part of it (shorter ranges include them); a market with a missing, late or flagged sample on any day leaves the whole window. The window stops on the first day where more than 10% of the markets that already existed lack a valid sample, where a venue with at least 2% of the group's volume loses half of its markets, or where fewer than half of the markets that existed throughout would remain. This is a subset, not the entire market.