Binance AMZNUSDT Snapshot Shows Open Interest Up 4.1% in 24 Hours

Binance’s Amazon-linked AMZNUSDT equity perpetual showed open interest up 4.1% over 24 hours in an Oct. 19 snapshot, a time-specific measure of activity in the stock-linked futures contract.

The snapshot, displayed at 8:03 a.m. ET (12:03 UTC), showed a $253.79 mark price and a taker buy/sell ratio of 1.07. The ratio means buy volume slightly exceeded sell volume in the measured taker flow. The display also showed a 0.0000% funding rate.

AMZNUSDT tracks Amazon.com Inc. common stock but is a separate futures contract settled in Tether (USDT). Its mark price is a value for the derivative, not the price of an Amazon share. The contract trades around the clock, including outside regular U.S. stock market hours.

Binance uses different index pricing methods during regular stock trading and while the underlying market is closed. It scheduled the contract to begin trading Feb. 9 at 9:40 a.m. ET (14:40 UTC).