Coin Metrics is pleased to announce the version 2.2 release of our CM Market Data Feed. This release significantly expands the crypto futures data that we offer.
The CM Market Data Feed provides access to historical and real-time data from the world’s leading spot and derivatives crypto exchanges.
In the release notes below, we provide a summary of the current state of our futures-related coverage universe and our futures-related datasets, including trades, candles, contract specifications, open interest, liquidations, and funding rates. More detailed and up-to-date information can be found at the Coin Metrics Data Encyclopedia.
Crypto Futures Data Coverage Universe
Our futures coverage universe consists of 9 exchanges: Binance, Bitfinex, bitFlyer, BitMEX, Deribit, FTX, Huobi, Kraken, and OKEx. Our datasets cover all futures contracts that trade on these exchanges, including traditional futures contracts that expire, perpetual futures, and exotic futures. In total, our coverage universe consists of 1,678 futures markets. As new futures markets are listed by exchanges, they are immediately added to our coverage universe and become available through our API.
Trades and Candles
For every market in our coverage universe, we offer tick-by-tick trades and candles at multiple time frequencies. For the exchanges that allow us to query historical data, we offer these datasets starting from the inception of the exchange.
Futures contract design varies widely between exchanges. Using a combination of human review and the data that we receive from exchanges, we offer harmonized contract specifications for all futures markets in our coverage universe. These contract specifications describe the underlying asset, how it is quoted, the date of expiration, the size of the contract, and all other specifications necessary for market participants to understand or enter into the contract.
Open interest represents the number of futures contracts that are currently outstanding and not settled. We poll the open interest at roughly one minute intervals for every futures market that currently trades. In addition to offering open interest as the number of contracts, we also offer open interest converted to U.S. dollars using the available prices on each exchange.
Exchanges which offer futures markets utilize a risk management system that will attempt to liquidate a market participant’s position before the point at which the market participant begins to owe more than what is in his account. We offer all liquidation orders and trades that occur due to this system for most markets in our coverage universe, including history where available.
Funding rates are a mechanism that exchanges use to ensure that perpetual futures trade at a price that is close to the price of the underlying spot markets. For the perpetual futures in our coverage universe, we offer realized funding rates, including history where available.
In upcoming releases, we plan on including more exchanges such as CME and including more datasets such as index price and mark price. Please reach out if you have any suggestions or requests on other data we could support.
About CM Market Feed
The CM Market Data Feed provides access to historical and real-time data from the world’s leading spot and derivatives crypto exchanges. Our coverage universe currently consists of 1,530 assets, 31 exchanges, 8,872 spot markets, and 1,678 futures markets. We offer a wide range of harmonized datasets such as trades, candles, order book snapshots, several futures-specific datasets, and more.
Please reach out to Coin Metrics at [email protected] for more information on the CM Market Feed.