$ARIA 15-minute contract open interest rose 8.32%; the price rose 11.08% over the same period.
Let’s use this data to talk about open interest.
Open interest is usually calculated separately for each trading pair. Here, it refers to positions in Binance USDⓈ-M perpetual contracts, not the combined total across all platforms.
Rapid changes in open interest over a short period mean that someone is opening or closing a large number of positions, and volatility often increases afterward.
It’s much safer to work backward from where you’ll place your stop-loss to determine your position size than to trade on gut feel.
Let’s use this data to talk about open interest.
Open interest is usually calculated separately for each trading pair. Here, it refers to positions in Binance USDⓈ-M perpetual contracts, not the combined total across all platforms.
Rapid changes in open interest over a short period mean that someone is opening or closing a large number of positions, and volatility often increases afterward.
It’s much safer to work backward from where you’ll place your stop-loss to determine your position size than to trade on gut feel.