Quantority
SONICperpetual futures
Open interest is the total USD value of outstanding SONIC 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)
SONIC across exchanges
| Exchange | Funding APR | Open interest | OI share |
|---|---|---|---|
B Binance | +12.86% | $883.8K | 78% |
B Bitget | +10.95% | $251.4K | 22% |
Funding annualized per venue interval; open interest is the latest reading per exchange. No fresh per-venue reading from Bybit, OKX 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 SONIC right now?
As of the latest reading, total SONIC open interest across the exchanges we track is $1.13M (-6.2% over 24h). Open interest is the total USD value of all outstanding SONIC 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
Funding extremes, OI surges and liquidation cascades — pushed the moment the data moves.
Keep exploring
Every perpetual, sortable by funding, OI and risk.
Leaderboards for funding, OI momentum and risk.
Put two coins side by side across every metric.
Plain-English guides to every metric we track.
Quick definitions for derivatives terms.
Exactly how each number is computed.