Is BitMEX still relevant?

BitMEX pioneered the perpetual futures contract in 2016 and remains operational. OI and volume are smaller than Binance/Bybit/OKX but the platform is historically significant. Most institutional flow has migrated to larger venues.

BitMEX Funding Rate — Live Across All Perpetual Pairs | Sharpe

BitMEX Funding Rate Overview

BitMEX pioneered the perpetual futures contract in 2016 and remains active today with 8-hour funding settlement. Volume and OI are smaller than Tier 1 venues but the platform has historical significance. Track BitMEX funding for context on how the original perpetual model compares to modern venues.

Why track this venue specifically

Cross-venue funding rate divergences are one of the cleanest positioning signals in crypto derivatives. When BitMEX funding diverges meaningfully from Binance or Hyperliquid on the same asset, it typically reflects venue-specific positioning that often precedes a move. Sharpe's leaderboard and coin explorer surface these divergences automatically — this page provides the BitMEX-specific context.

Frequently Asked Questions

Is BitMEX still relevant?: BitMEX pioneered the perpetual futures contract in 2016 and remains operational. OI and volume are smaller than Binance/Bybit/OKX but the platform is historically significant. Most institutional flow has migrated to larger venues.