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ES: open interest (OI)

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Open interest in ES — how much money sits in open futures positions on ES and how it flows between exchanges. OI rising together with price means inflow; rising against price is a risk of reversal. The data ticks in real time across every exchange.

About Eclipse

Eclipse is an SVM L2 on Ethereum. Eclipse combines the performance of Solana with the user and liquidity base of Ethereum, providing the best of both worlds. Over the long term, Eclipse is building the Giga Scale Virtual Machine (GSVM), a new SVM client. GSVM will be a software-hardware co-designed, cross-layer optimized, GigaCompute blockchain. To date, Eclipse has over $200M in TVL, a peak production TPS of nearly 9,000 and 1M active wallets.

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ES arbitrage right now

About ES open interest

What does open interest in ES show?

The total of all open futures contracts on ES. Rising — new money is entering the market; falling — positions are being closed. A sharp jump often precedes a strong move or a squeeze.

Why watch ES OI?

OI diverging from price signals a possible reversal; overheating (too much leverage) raises the risk of cascading liquidations. OI migrating between exchanges shows where the interest is concentrating.

How do I get ES OI alerts?

Add an Open Interest condition in the the builder with the mode you want (inflow / overheating / divergence) and a threshold — the notification arrives as a Telegram direct message.