Add as a preferred source on GoogleHOOD-USDT Contract Shows Conflicting Price and Open-Interest Readings
The Binance perpetual contract was priced at either $109.02 or $109.06, while open-interest readings differed on direction and size.
A Binance HOOD-USDT perpetual contract showed conflicting price and open-interest readings on Oct. 9, leaving the market data unresolved for a contract linked by name to Robinhood Markets.
One reading placed the contract at $109.06 at 6 a.m. ET (10:00 UTC), with open interest of $15.43 million, down 10.52% over 24 hours. A conflicting reading priced the contract at $109.02 and showed open interest rising 18.56% to 142,386.93 contracts, with a notional value of $17.66 million.
The available figures do not establish whether the differences reflect separate observation times, contract definitions or data revisions. The price discrepancy is $0.04, while the open-interest readings point in opposite directions.
The contract is separate from Robinhood’s U.S.-listed equity. The available information does not establish that the perpetual contract tracks Robinhood shares on a one-for-one basis, so equity-market references should not be treated as direct targets for the contract.
No time horizon was provided for the analyst targets associated with Robinhood, and no earnings catalyst date was identified.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.