> For the complete documentation index, see [llms.txt](https://docs.velo.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.velo.xyz/web-app/futures.md).

# Futures

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<summary>24h Volume</summary>

The total dollar value of trades on the coin in the last 24 hours, broken down into supported exchanges.

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<summary>Open Interest Snapshot</summary>

The coin's open interest in dollars broken down into supported exchanges.

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<summary>Funding</summary>

The coin's historical funding rate, per 8 hours or per annum and broken down into supported exchanges.&#x20;

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<summary>Open Interest</summary>

The coin's historical open interest in dollars broken down into supported exchanges.&#x20;

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<summary>Price</summary>

The last traded price of the coin's Binance USDT perpetual.

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<summary>Basis</summary>

The annualized basis of the coin's rolling dated  future expiring closest to three months in the future, broken down by exchange.

*BTC and ETH coin-margined futures only.*

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<summary>Liquidations</summary>

The coin's historical liquidations in dollars broken down into supported exchanges. Short liquidations are shown above the x-axis and long liquidations are shown below.&#x20;

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<summary>Volume</summary>

The coin's historical dollar volume by period, broken down into supported exchanges.&#x20;

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<summary>CVD</summary>

The coin's cumulative volume delta broken down into supported exchanges. Viewable in dollar terms or standardized by the open interest for that coin on each exchange.

*Cumulative volume delta is the cumulative sum of (market buys minus market sells) for a coin over a given period.*

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<summary>Average Return By Hour</summary>

The coin's average price change by hour of the day, shown in UTC time.

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<summary>Average Return By Day</summary>

The coin's average price change by day of the week, with days defined in UTC time.

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<summary>Cumulative Return By Session</summary>

The coin's cumulative open to close return by market session.

Sessions are defined as the following:

**US** - 8:00am to 6:00pm New York time

**EU** - 8:00am to 6:00pm Brussels time

**APAC** - 8:00am to 6:00pm Seoul time

Some overlap exists between sessions. Through volume analysis and consideration of local stock exchange hours, these windows were determined to be the best way to standardize 24 hours into equal length US, EU, and APAC trading sessions.

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