Quantority
SIMOperpetual futures
Open interest is the total USD value of outstanding SIMO 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)
SIMO across exchanges
| Exchange | Funding APR | Open interest | OI share |
|---|---|---|---|
B Bitget | +0.00% | $201.1K | 86% |
O OKX | +0.00% | $32.5K | 14% |
Funding annualized per venue interval; open interest is the latest reading per exchange. No fresh per-venue reading from Binance, Bybit right now — the cross-exchange totals above still include every venue's last data.
Interpretation
An automated interpretation of these metrics will appear here once generated.
FAQ
What is open interest for SIMO right now?
As of the latest reading, total SIMO open interest across the exchanges we track is $232.5K (+36.0% over 24h). Open interest is the total USD value of all outstanding SIMO 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.
Related coins
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Plain-English guides to every metric we track.
Quick definitions for derivatives terms.
Exactly how each number is computed.