Binance USDT-M vs OKX — perpetual market data compared
Binance USDT-M and OKX side by side, measured on the same recorder: how many perpetual instruments each lists, how much trades there, and — pair by pair — where the quoted spread is tighter and the order book deeper. Every number is computed from our own tick-by-tick recordings of both feeds, with its window stated.
Binance USDT-M and Okx in the archive
| Measure | Binance USDT-M | Okx |
|---|---|---|
| Recorded instruments | 773 | 3,303 |
| Spot | — | 1,361 |
| Perpetuals | 769 | 471 |
| Dated futures | 4 | 219 |
| Options (calls + puts) | — | 1,252 |
| Coverage | February 2021 – present | October 2021 – present |
| Recorded volume (raw) | 720 TB | 743 TB |
| Turnover / day · 30d | $54.6B | $25.2B |
| Trades / day · 30d | 172,069,887 | 28,156,876 |
| Average trade size · 30d | $318 | $894 |
| Turnover / day · 365d | $54.1B | $26.8B |
Full venue pages: Binance USDT-M · Okx
Spread, depth and turnover on shared perpetual pairs
The busiest of the 405 perpetual pairs both venues list — the same instrument class on both sides, measured the same way.
| Pair | Avg spread (bps) | Top-20 depth | Turnover / day | |||
|---|---|---|---|---|---|---|
| Binance USDT-M | Okx | Binance USDT-M | Okx | Binance USDT-M | Okx | |
| BTC/USDT | 0.013 | 0.013 | $758.1K | $643.7K | $11.1B | $5.8B |
| ETH/USDT | 0.041 | 0.041 | $460.6K | $590.4K | $9.1B | $7.0B |
| ZEC/USDT | 0.12 | 0.12 | $38.8K | $34.2K | $2.2B | $1.2B |
| SOL/USDT | 0.98 | 0.98 | $3.5M | $2.8M | $2.2B | $1.1B |
| SNDK/USDT | 0.065 | 0.11 | $61.4K | $182.6K | $1.4B | $838.0M |
| XRP/USDT | 0.72 | 0.72 | $1.0M | $917.2K | $1.3B | $557.1M |
| XAU/USDT | 0.023 | 0.23 | $310.0K | $1.2M | $1.5B | $299.0M |
| HYPERLIQUID_2/USDT | 0.13 | 0.13 | $48.4K | $31.6K | $817.6M | $328.7M |
| SKHYNIX/USDT | 0.081 | 0.17 | $57.4K | $121.3K | $796.7M | $181.3M |
| SPCX_2/USDT | 0.69 | 0.69 | $1.6M | $902.9K | $742.1M | $122.2M |
| DOGE/USDT | 1.16 | 1.16 | $933.1K | $1.1M | $499.1M | $329.5M |
| CL/USDT | 1.10 | 1.10 | $2.3M | $1.1M | $706.3M | $95.4M |
| SOXL/USDT | 0.87 | 0.88 | $487.4K | $400.5K | $659.4M | $118.5M |
| TRUMP_SOL/USDT | 4.51 | 4.50 | $1.1M | $979.1K | $361.4M | $328.5M |
| XAG/USDT | 1.51 | 1.51 | $4.3M | $2.1M | $595.1M | $61.9M |
| AKE/USDT | 1.81 | 5.76 | $7.9K | $52.7K | $236.4M | $297.3M |
| UNI/USDT | 1.75 | 1.74 | $332.0K | $295.7K | $315.2M | $156.5M |
| BNB/USDT | 0.14 | 1.39 | $137.1K | $1.1M | $402.5M | $64.4M |
| ENA/USDT | 0.65 | 0.71 | $82.7K | $44.5K | $353.4M | $104.3M |
| MU_2/USDT | 0.11 | 0.11 | $59.8K | $65.8K | $340.9M | $93.0M |
Averages over the recorded days of the 30 days to 2026-09-20, from our own recordings of both feeds. Spread = average quoted spread in basis points; top-20 depth = mid-side total notional over the top 20 price levels. The busiest shared pairs first; open a pair for every venue that lists it.
How the comparison is measured
The comparison uses one method for both venues: every trade and every order-book update of each feed is recorded at the venue's full book depth, then rolled up per UTC day. Spread is the average quoted spread in basis points; depth is the mid-side total notional over the top 20 price levels. Because both sides run through the same pipeline, the rows are directly comparable.
The numbers describe market structure, not a recommendation. Liquidity differs by pair and by time of day — the cross-venue analyzer shows the live picture, and the tick files behind every figure are in the Data Shop for your own measurement.
How to download Binance USDT-M and Okx data
- Open the venue pages — Binance USDT-M and OKX — or pick a shared pair from the table on this page.
- In the Data Shop, choose the instrument on each venue and the same UTC day on both. Each day is one file with every trade, order-book update and quote the venue published.
- Check out once for both files — €1 per instrument-day, as a guest or with an account; downloads start immediately.
- Replay both books with the free Python reader or export trades and BBO as CSV/Parquet, and align the two venues on the nanosecond timestamps.
Why buy Binance USDT-M and Okx data here
Four things every page on this site is built on — and the reason the numbers above exist at all.
We record everything
The complete public feed of each venue as it was published: every Level-2 snapshot and update at the venue's full book depth, every trade with its aggressor side, every quote, funding, mark-price and liquidation event — for every instrument the venue lists, every UTC day since we added the venue. Nothing sampled, no top-N cut, no on-demand capture.
Institutional grade
Captured co-located at the venue with the exchange timestamp and our receive timestamp in integer nanoseconds, an event-id chain that makes any gap visible, and one normalized schema across 35+ venues — the same capture our own high-frequency trading engine and enterprise feeds run on.
€1 per instrument-day
Any instrument-day is €1, series-day bundles start at €1 — no subscription, no minimum order, no tiers to unlock. Credit packs lower the effective price and never expire, and every venue has free full-day samples to test against first.
Self-service for everyone
Pick the days in the Data Shop, pay by card as a guest and download immediately — no sales call, no enterprise contract, no KYC. Coding agents buy the same files through the MCP server, and the free Agent Skill teaches them the format.
Binance USDT-M vs Okx — FAQ
How is the Binance USDT-M vs OKX comparison measured?
From our own recordings of both market-data feeds: every trade and every full-depth order-book update, rolled up per UTC day. Spread is the average quoted spread in basis points, depth the mid-side total notional over the top 20 levels, turnover in USD. Both venues run through the same pipeline, and every figure on the page carries its window.
Does Binance USDT-M or Okx have tighter spreads?
In the 30 days to 2026-09-20, across the 357 actively traded perpetual pairs both venues list, Binance USDT-M had the clearly lower average quoted spread on 271 and Okx on 18; the rest were within 5 % of each other. The order book was deeper (top-20 notional) on Binance USDT-M for 272 pairs and on Okx for 66. It differs pair by pair — the shared-pairs table on this page lists the numbers.
Which has more trading volume, Binance USDT-M or Okx?
In the 30 days to 2026-09-20 our recordings show about $54,648,544,165 of turnover per day on Binance USDT-M and $25,175,423,907 on Okx (all recorded instruments of each venue, USD). The archive holds 773 Binance USDT-M instruments and 3,303 Okx instruments.
How much does Binance USDT-M and OKX historical data cost?
€1 per Binance USDT-M or OKX instrument-day — no subscription, no minimum order, no account needed: buy as a guest, download instantly, or use credit packs that never expire. Free full-day samples first on the downloads page; details on pricing.
Can I get the same day from Binance USDT-M and OKX to compare them myself?
Yes. Both venues are recorded continuously, so any UTC day is available from both; each file holds that venue's complete feed with nanosecond timestamps, which is what cross-venue lead-lag, arbitrage and execution-quality research needs. Free full-day samples are on the download page.