Quantority
BGBperpetual futures
Open interest is the total USD value of outstanding BGB perpetual contracts. Rising OI means fresh leverage is entering the market; falling OI means positions are being unwound or liquidated. Read the 24h and 7d change together with funding to gauge positioning.
Price (1h)
Interpretation
This analysis is awaiting refresh — the metrics above are newer than the last written read, so we hold the text rather than show figures that no longer match.
FAQ
What is open interest for BGB right now?
As of the latest reading, total BGB open interest across the exchanges we track is $13.83M (-0.9% over 24h). Open interest is the total USD value of all outstanding BGB perpetual contracts — committed capital, not trading volume.
Does rising open interest mean the price will go up?
Not on its own. Rising OI means new leverage is entering — read it alongside price and funding: rising OI with rising price suggests new longs; rising OI with falling price suggests new shorts.
How is open interest aggregated across exchanges?
We sum the USD-denominated open interest reported by each exchange for the normalized symbol, so the figure reflects the whole cross-exchange market rather than a single venue.
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Exactly how each number is computed.