CoinGlass data shows that total open interest in SPY (SPDR S&P 500 ETF) contracts across the market stands at about 75,900 SPY, with a notional value of roughly $56.5451 million. The data indicates that liquidity in the product is concentrated on major trading venues, with Binance, Bitget and OKX ranking as the top three platforms by open interest. Together, the three exchanges account for about 78% of the market. Binance leads the list with 30,600 SPY in open interest, equal to around $22.7472 million and a 40.22% share. Bitget follows with 22,800 SPY, worth about $16.9722 million and representing 30.01%. OKX ranks third with 5,747.07 SPY, equivalent to about $4.2790 million and a 7.56% share.
CoinGlass data shows total open interest in SPY (SPDR S&P 500 ETF) contracts across the market at about 75,900 SPY, equivalent to roughly $56.5451 million.
By venue, liquidity in the product is mainly concentrated on major exchanges. Binance, Bitget and OKX rank as the top three platforms, together accounting for about 78% of the market.
Open interest by exchange
- Binance: 30,600 SPY in open interest, worth about $22.7472 million, for a 40.22% share
- Bitget: 22,800 SPY in open interest, worth about $16.9722 million, for a 30.01% share
- OKX: 5,747.07 SPY in open interest, worth about $4.2790 million, for a 7.56% share
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