BitMEX Analysis Reveals Exchange-Specific Price Trends in Perpetual Swaps

In a new study released today, BitMEX, the pioneering cryptocurrency derivatives exchange, sheds light on the price trends of newly listed perpetual swap contracts across major centralized exchanges. The analysis, spanning January to March 2025, reveals significant variations in price performance among different platforms, including BitMEX, Binance, Bybit, and OKX. The study highlights how the first day’s price performance is not a universal indicator for all exchanges.