Near-term BTC depth diverges across exchanges: Binance spot bids at $16.16 million, while Hyperliquid is heavily skewed toward asks
According to order-book intelligence platform Liquid24/7.xyz, Bitcoin is currently trading at around $84,340. Binance spot BTC has about $16.1618 million in near-term bids and $10.3911 million in asks, with bids exceeding asks by about $5.7707 million. Binance perpetuals have about $44.2172 million in bids and $45.5145 million in asks, with asks exceeding bids by about $1.2973 million. Coinbase spot has about $26.6829 million in bids and $23.6883 million in asks, with bids exceeding asks by about $2.9946 million. OKX perpetuals have about $15.989 million in bids and $20.2283 million in asks, with asks exceeding bids by about $4.2393 million. Hyperliquid perpetuals have only about $1.8911 million in bids and $12.1844 million in asks, with asks exceeding bids by about $10.2933 million. Hyperliquid's near-term asks are notably deeper than its bids, so a large market order could face greater slippage on Hyperliquid.
According to order-book intelligence platform Liquid24/7.xyz, Bitcoin is currently trading at around $84,340. Binance spot BTC has about $16.1618 million in near-term bids and $10.3911 million in asks, with bids exceeding asks by about $5.7707 million. Binance perpetuals have about $44.2172 million in bids and $45.5145 million in asks, with asks exceeding bids by about $1.2973 million. Coinbase spot has about $26.6829 million in bids and $23.6883 million in asks, with bids exceeding asks by about $2.9946 million. OKX perpetuals have about $15.989 million in bids and $20.2283 million in asks, with asks exceeding bids by about $4.2393 million. Hyperliquid perpetuals have only about $1.8911 million in bids and $12.1844 million in asks, with asks exceeding bids by about $10.2933 million. Hyperliquid's near-term asks are notably deeper than its bids, so a large market order could face greater slippage on Hyperliquid.