TradeRiskBacktester

Volume to Open Interest Ratio

Rolling volume to OI ratio across exchanges. Lower/consistent ratio indicates stickier OI and real usage.

Dec 31 - Jan 30

1-Day Volume to OI Ratio

Tip: click a legend item to isolate an exchange.

The Volume to Open Interest (V/OI) ratio measures the relationship between trading volume and open interest. For each hourly data point, it's calculated as the sum of 24h volumes over the past 1 days divided by the open interest at that same hour.

A lower or more consistent ratio generally indicates more sustainable, sticky open interest, suggesting real usage rather than mercenary capital chasing yields. Higher ratios may indicate more speculative activity or frequent position turnover.

Use the controls above to adjust the time range, rolling window size, and filter by specific exchanges.