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Open interest in ON — how much money sits in open futures positions on ON 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.

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ON arbitrage right now

About ON open interest

What does open interest in ON show?

The total of all open futures contracts on ON. 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 ON 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 ON 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.