Open interest for Okex's quarterly contract (27 march) is over $700m Bitmex only has $260m OI for the same contract
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Okex quarterlies are still the most liquid non perpetual product. Also still holds two of the largest notional liquidations in the last 3 years.
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Contracts are notionally 100 dollars. Bitmex is 1 dollar.
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Yes, hence making that quite the expensive liq
End of conversation
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