◈   real vs reported volume · 30-day median

Where to trade FWDI

Same coin, different tapes. We rank the venues that list FWDI by how much of their reported volume is actually real — so you trade where the book isn't faked.

Soli's reading
Bybit runs the cleanest FWDI tape — 87% honest on $733k real volume. Trust the prints.
#1
Bybit
Bybit
futures · 1 pairs
87% honest
$733kreal / $847k claimed
Trade on Bybit →
#2
OKX
OKX
futures · 1 pairs
86% honest
$354kreal / $411k claimed
Trade on OKX →
#3
Bitget
Bitget
futures · 1 pairs
80% honest
$166kreal / $207k claimed
Trade on Bitget →
#4
Binance
Binance
futures · 1 pairs
85% honest
$79kreal / $93k claimed
Trade on Binance →
◈ how we score it

Honesty = estimated real volume ÷ reported volume for FWDI on each venue, from five trade-tape fingerprints (timing, Benford, self-trade pairing, price-impact, size entropy). Pick the venue with the deepest real book, not the loudest reported number. How to buy FWDI → · how to sell FWDI → · full venue ranking → · compare two venues →