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How often is open interest data refreshed for cryptocurrencies?

avatarEngberg VaughanDec 27, 2021 · 3 years ago3 answers

Can you please provide information on how frequently open interest data is updated for cryptocurrencies?

How often is open interest data refreshed for cryptocurrencies?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Open interest data for cryptocurrencies is typically refreshed on a regular basis, usually every few minutes or even seconds. This ensures that traders have access to the most up-to-date information when making trading decisions. The frequency of data refresh may vary slightly depending on the specific cryptocurrency exchange or platform you are using, but overall, it is designed to be as real-time as possible to reflect the constantly changing market conditions.
  • avatarDec 27, 2021 · 3 years ago
    The refresh rate of open interest data for cryptocurrencies can vary depending on the exchange or platform you are using. Some exchanges update the data every few minutes, while others may update it every second. It's important to note that the refresh rate may also depend on the specific cryptocurrency pair you are interested in. For popular pairs, the data is usually updated more frequently to reflect the high trading volume and market activity.
  • avatarDec 27, 2021 · 3 years ago
    At BYDFi, open interest data for cryptocurrencies is refreshed every minute. This ensures that our users have access to the most accurate and up-to-date information when trading. We understand the importance of real-time data in the fast-paced world of cryptocurrencies, and strive to provide the best trading experience for our users.