DERIVATIVES POSITIONING

See where leverage is building

One comparable view of perpetual open interest, funding and mark-to-index basis. Crowding labels are deterministic warnings from those measurements, not trade recommendations.

derivative markets from our own market database, measured across 4 venues, updated 3 minutes ago.

Open interest covered$37.69BConfirmed USDT perpetuals

Leading assets50Ranked by open interest

Venue measurements672Binance, Bybit, OKX, WhiteBIT

Crowding warnings6OI + funding + basis agree

CROSS-EXCHANGE

Perpetual positioning

Sorted by aggregate open interest

BTCBitcoin Open interest$16.65B OI 24h−2.12% Funding APR+9.85% Basis−0.03% Balanced⌄

binanceBTCUSDT

Open interest: $7.41B
OI 24h: −4.43%
Funding APR: +8.84%
Mark-index basis: −0.02%

bybitBTCUSDT

Open interest: $5.15B
OI 24h: +1.76%
Funding APR: +10.95%
Mark-index basis: −0.03%

okxBTC-USDT-SWAP

Open interest: $2.58B
OI 24h: −1.00%
Funding APR: +9.92%
Mark-index basis: −0.04%

whitebitBTC_PERP

Open interest: $1.51B
OI 24h: −5.92%
Funding APR: +10.95%
Mark-index basis: −0.07%

ETHEthereum Open interest$9.60B OI 24h−5.29% Funding APR+2.00% Basis−0.04% Deleveraging⌄

binanceETHUSDT

Open interest: $5.26B
OI 24h: −5.92%
Funding APR: +0.75%
Mark-index basis: −0.04%

bybitETHUSDT

Open interest: $1.88B
OI 24h: −0.15%
Funding APR: +1.45%
Mark-index basis: −0.04%

okxETH-USDT-SWAP

Open interest: $1.44B
OI 24h: −6.59%
Funding APR: +0.97%
Mark-index basis: −0.06%

whitebitETH_PERP

Open interest: $1.02B
OI 24h: −9.75%
Funding APR: +10.95%
Mark-index basis: −0.06%

SOLSolana Open interest$1.95B OI 24h−6.26% Funding APR+5.18% Basis−0.04% Deleveraging⌄

binanceSOLUSDT

Open interest: $808.2M
OI 24h: −11.71%
Funding APR: +10.95%
Mark-index basis: −0.02%

bybitSOLUSDT

Open interest: $585.1M
OI 24h: −3.98%
Funding APR: +2.99%
Mark-index basis: −0.04%

okxSOL-USDT-SWAP

Open interest: $340.4M
OI 24h: +3.63%
Funding APR: −8.42%
Mark-index basis: −0.05%

whitebitSOL_PERP

Open interest: $215.5M
OI 24h: −7.68%
Funding APR: +10.95%
Mark-index basis: −0.12%

HYPEHyperliquid Open interest$1.02B OI 24h+15.91% Funding APR+2.68% Basis−0.03% OI building⌄

binanceHYPEUSDT

Open interest: $438.6M
OI 24h: +14.28%
Funding APR: +10.95%
Mark-index basis: +0.00%

bybitHYPEUSDT

Open interest: $344.6M
OI 24h: +22.30%
Funding APR: −13.42%
Mark-index basis: −0.05%

okxHYPE-USDT-SWAP

Open interest: $127.7M
OI 24h: +6.98%
Funding APR: +10.95%
Mark-index basis: −0.02%

whitebitHYPE_PERP

Open interest: $104.8M
OI 24h: +12.58%
Funding APR: +10.95%
Mark-index basis: −0.12%

ZECZcash Open interest$974.4M OI 24h−4.23% Funding APR+10.95% Basis−0.06% Balanced⌄

binanceZECUSDT

Open interest: $537.3M
OI 24h: −5.20%
Funding APR: +10.95%
Mark-index basis: −0.06%

bybitZECUSDT

Open interest: $163.9M
OI 24h: −5.75%
Funding APR: +10.95%
Mark-index basis: −0.03%

okxZEC-USDT-SWAP

Open interest: $146.3M
OI 24h: +0.82%
Funding APR: +10.95%
Mark-index basis: −0.06%

whitebitZEC_PERP

Open interest: $126.8M
OI 24h: −3.95%
Funding APR: +10.95%
Mark-index basis: −0.11%

XRPXRP Open interest$787.7M OI 24h−8.79% Funding APR−2.02% Basis−0.06% Deleveraging⌄

binanceXRPUSDT

Open interest: $339.2M
OI 24h: −14.99%
Funding APR: +10.95%
Mark-index basis: −0.04%

bybitXRPUSDT

Open interest: $284.0M
OI 24h: −0.00%
Funding APR: −17.96%
Mark-index basis: −0.07%

okxXRP-USDT-SWAP

Open interest: $85.6M
OI 24h: −8.78%
Funding APR: −12.44%
Mark-index basis: −0.08%

whitebitXRP_PERP

Open interest: $78.8M
OI 24h: −13.83%
Funding APR: +10.95%
Mark-index basis: −0.11%

BNBBNB Open interest$643.6M OI 24h+4.84% Funding APR−23.32% Basis−0.04% Balanced⌄

binanceBNBUSDT

Open interest: $401.8M
OI 24h: −5.81%
Funding APR: +0.00%
Mark-index basis: +0.00%

bybitBNBUSDT

Open interest: $137.8M
OI 24h: +31.79%
Funding APR: −76.05%
Mark-index basis: −0.14%

okxBNB-USDT-SWAP

Open interest: $65.2M
OI 24h: +17.85%
Funding APR: −34.83%
Mark-index basis: −0.08%

whitebitBNB_PERP

Open interest: $38.8M
OI 24h: −2.57%
Funding APR: −58.11%
Mark-index basis: −0.07%

DOGEDogecoin Open interest$435.9M OI 24h−9.04% Funding APR+5.14% Basis−0.07% Deleveraging⌄

binanceDOGEUSDT

Open interest: $191.7M
OI 24h: −12.94%
Funding APR: +10.95%
Mark-index basis: −0.04%

bybitDOGEUSDT

Open interest: $104.3M
OI 24h: −2.48%
Funding APR: −8.25%
Mark-index basis: −0.08%

okxDOGE-USDT-SWAP

Open interest: $87.9M
OI 24h: −7.05%
Funding APR: +4.91%
Mark-index basis: −0.08%

whitebitDOGE_PERP

Open interest: $52.0M
OI 24h: −11.16%
Funding APR: +10.95%
Mark-index basis: −0.16%

NEARNEAR Protocol Open interest$430.8M OI 24h−16.82% Funding APR−32.67% Basis−0.06% Deleveraging⌄

binanceNEARUSDT

Open interest: $187.9M
OI 24h: −21.46%
Funding APR: −0.17%
Mark-index basis: −0.04%

bybitNEARUSDT

Open interest: $145.4M
OI 24h: −15.73%
Funding APR: −89.86%
Mark-index basis: −0.12%

okxNEAR-USDT-SWAP

Open interest: $52.6M
OI 24h: −2.51%
Funding APR: −27.85%
Mark-index basis: −0.10%

whitebitNEAR_PERP

Open interest: $44.9M
OI 24h: −17.71%
Funding APR: +10.95%
Mark-index basis: +0.07%

UNIUniswap Open interest$292.1M OI 24h−0.24% Funding APR+8.64% Basis−0.08% Balanced⌄

binanceUNIUSDT

Open interest: $148.6M
OI 24h: −7.90%
Funding APR: +10.95%
Mark-index basis: −0.04%

bybitUNIUSDT

Open interest: $66.0M
OI 24h: +17.35%
Funding APR: +2.16%
Mark-index basis: −0.10%

okxUNI-USDT-SWAP

Open interest: $42.0M
OI 24h: +3.79%
Funding APR: +10.95%
Mark-index basis: −0.13%

whitebitUNI_PERP

Open interest: $35.4M
OI 24h: −5.72%
Funding APR: +8.32%
Mark-index basis: −0.11%

TRXTRON Open interest$243.7M OI 24h+50.95% Funding APR−55.37% Basis−0.31% Short crowded⌄

binanceTRXUSDT

Open interest: $105.8M
OI 24h: +23.87%
Funding APR: −73.47%
Mark-index basis: −0.33%

bybitTRXUSDT

Open interest: $85.3M
OI 24h: +72.58%
Funding APR: +65.12%
Mark-index basis: −0.09%

okxTRX-USDT-SWAP

Open interest: $27.9M
OI 24h: +102.30%
Funding APR: −414.19%
Mark-index basis: −0.74%

whitebitTRX_PERP

Open interest: $24.7M
OI 24h: +34.33%
Funding APR: +10.95%
Mark-index basis: −0.47%

PEPEPepe Open interest$240.0M OI 24h+0.44% Funding APR+3.45% Basis−0.12% Balanced⌄

binance1000PEPEUSDT

Open interest: $109.0M
OI 24h: −0.50%
Funding APR: +8.44%
Mark-index basis: −0.12%

bybit1000PEPEUSDT

Open interest: $75.1M
OI 24h: +4.41%
Funding APR: +10.95%
Mark-index basis: +0.06%

okxPEPE-USDT-SWAP

Open interest: $47.1M
OI 24h: −3.06%
Funding APR: −21.44%
Mark-index basis: −0.30%

whitebitPEPE_PERP

Open interest: $8.8M
OI 24h: −2.99%
Funding APR: +10.95%
Mark-index basis: −0.57%

ENAEthena Open interest$236.1M OI 24h+13.35% Funding APR−3.78% Basis−0.09% OI building⌄

binanceENAUSDT

Open interest: $104.0M
OI 24h: +3.30%
Funding APR: +10.95%
Mark-index basis: −0.08%

bybitENAUSDT

Open interest: $87.5M
OI 24h: +24.10%
Funding APR: +1.23%
Mark-index basis: −0.10%

whitebitENA_PERP

Open interest: $23.3M
OI 24h: +6.06%
Funding APR: −77.91%
Mark-index basis: −0.11%

okxENA-USDT-SWAP

Open interest: $21.2M
OI 24h: +26.30%
Funding APR: −15.25%
Mark-index basis: −0.07%

SUISui Open interest$212.5M OI 24h−11.93% Funding APR+3.41% Basis−0.06% Deleveraging⌄

binanceSUIUSDT

Open interest: $89.2M
OI 24h: −15.69%
Funding APR: +10.95%
Mark-index basis: −0.03%

bybitSUIUSDT

Open interest: $72.6M
OI 24h: −8.59%
Funding APR: +2.80%
Mark-index basis: −0.08%

okxSUI-USDT-SWAP

Open interest: $28.7M
OI 24h: −7.32%
Funding APR: +5.09%
Mark-index basis: −0.06%

whitebitSUI_PERP

Open interest: $22.0M
OI 24h: −13.76%
Funding APR: −27.25%
Mark-index basis: −0.13%

LINKChainlink Open interest$200.1M OI 24h−0.09% Funding APR+7.71% Basis−0.08% Balanced⌄

binanceLINKUSDT

Open interest: $89.8M
OI 24h: −3.89%
Funding APR: +10.95%
Mark-index basis: −0.04%

bybitLINKUSDT

Open interest: $65.7M
OI 24h: +5.63%
Funding APR: +2.29%
Mark-index basis: −0.11%

okxLINK-USDT-SWAP

Open interest: $23.6M
OI 24h: +1.19%
Funding APR: +7.62%
Mark-index basis: −0.05%

whitebitLINK_PERP

Open interest: $21.0M
OI 24h: −3.15%
Funding APR: +10.95%
Mark-index basis: −0.18%

LTCLitecoin Open interest$171.3M OI 24h−7.50% Funding APR+6.79% Basis−0.02% Deleveraging⌄

bybitLTCUSDT

Open interest: $61.9M
OI 24h: −5.25%
Funding APR: +3.31%
Mark-index basis: −0.05%

binanceLTCUSDT

Open interest: $61.6M
OI 24h: −11.76%
Funding APR: +10.95%
Mark-index basis: −0.02%

okxLTC-USDT-SWAP

Open interest: $28.5M
OI 24h: −2.61%
Funding APR: +2.56%
Mark-index basis: −0.07%

whitebitLTC_PERP

Open interest: $19.2M
OI 24h: −8.33%
Funding APR: +10.95%
Mark-index basis: +0.14%

WLDWorldcoin Open interest$167.8M OI 24h−12.45% Funding APR−20.14% Basis−0.10% Deleveraging⌄

binanceWLDUSDT

Open interest: $70.1M
OI 24h: −15.17%
Funding APR: +2.11%
Mark-index basis: −0.09%

bybitWLDUSDT

Open interest: $45.7M
OI 24h: −19.50%
Funding APR: −42.11%
Mark-index basis: −0.10%

okxWLD-USDT-SWAP

Open interest: $32.9M
OI 24h: +1.90%
Funding APR: −34.89%
Mark-index basis: −0.10%

whitebitWLD_PERP

Open interest: $19.1M
OI 24h: −10.31%
Funding APR: −23.89%
Mark-index basis: −0.17%

BCHBitcoin Cash Open interest$156.8M OI 24h−1.12% Funding APR+10.48% Basis−0.08% Balanced⌄

binanceBCHUSDT

Open interest: $80.3M
OI 24h: −1.27%
Funding APR: +10.95%
Mark-index basis: −0.08%

bybitBCHUSDT

Open interest: $35.5M
OI 24h: −0.21%
Funding APR: +8.85%
Mark-index basis: −0.07%

okxBCH-USDT-SWAP

Open interest: $22.1M
OI 24h: −1.64%
Funding APR: +10.95%
Mark-index basis: −0.08%

whitebitBCH_PERP

Open interest: $19.0M
OI 24h: −1.57%
Funding APR: +10.95%
Mark-index basis: −0.12%

AVAXAvalanche Open interest$156.0M OI 24h−6.05% Funding APR+9.87% Basis−0.07% Deleveraging⌄

binanceAVAXUSDT

Open interest: $73.3M
OI 24h: −7.81%
Funding APR: +10.95%
Mark-index basis: −0.04%

bybitAVAXUSDT

Open interest: $55.4M
OI 24h: −3.05%
Funding APR: +7.92%
Mark-index basis: −0.07%

whitebitAVAX_PERP

Open interest: $15.8M
OI 24h: −7.76%
Funding APR: +10.95%
Mark-index basis: −0.16%

okxAVAX-USDT-SWAP

Open interest: $11.6M
OI 24h: −6.92%
Funding APR: +10.95%
Mark-index basis: −0.11%

XAUTTether Gold Open interest$153.5M OI 24h−1.86% Funding APR+2.60% Basis−0.04% Balanced⌄

bybitXAUTUSDT

Open interest: $141.5M
OI 24h: −1.66%
Funding APR: +1.89%
Mark-index basis: −0.04%

whitebitXAUT_PERP

Open interest: $12.0M
OI 24h: −4.14%
Funding APR: +10.95%
Mark-index basis: −0.04%

ADACardano Open interest$152.8M OI 24h−9.13% Funding APR+10.95% Basis−0.05% Deleveraging⌄

binanceADAUSDT

Open interest: $64.2M
OI 24h: −11.58%
Funding APR: +10.95%
Mark-index basis: −0.02%

bybitADAUSDT

Open interest: $46.9M
OI 24h: −5.26%
Funding APR: +10.95%
Mark-index basis: −0.05%

okxADA-USDT-SWAP

Open interest: $25.2M
OI 24h: −8.99%
Funding APR: +10.95%
Mark-index basis: −0.05%

whitebitADA_PERP

Open interest: $16.6M
OI 24h: −10.74%
Funding APR: +10.95%
Mark-index basis: −0.12%

AAVEAave Open interest$129.3M OI 24h−2.91% Funding APR+2.31% Basis−0.08% Balanced⌄

binanceAAVEUSDT

Open interest: $51.3M
OI 24h: −7.70%
Funding APR: +0.86%
Mark-index basis: −0.06%

bybitAAVEUSDT

Open interest: $50.9M
OI 24h: +3.70%
Funding APR: +2.19%
Mark-index basis: −0.07%

whitebitAAVE_PERP

Open interest: $13.9M
OI 24h: −6.20%
Funding APR: +10.95%
Mark-index basis: −0.13%

okxAAVE-USDT-SWAP

Open interest: $13.2M
OI 24h: −6.37%
Funding APR: −0.71%
Mark-index basis: −0.11%

XMRMonero Open interest$110.3M OI 24h+1.39% Funding APR+26.07% Basis+0.10% Balanced⌄

binanceXMRUSDT

Open interest: $56.2M
OI 24h: −4.87%
Funding APR: +38.72%
Mark-index basis: +0.10%

bybitXMRUSDT

Open interest: $43.6M
OI 24h: +10.97%
Funding APR: +13.40%
Mark-index basis: +0.07%

whitebitXMR_PERP

Open interest: $10.5M
OI 24h: −4.93%
Funding APR: +10.95%
Mark-index basis: +0.20%

ONDOOndo Open interest$110.1M OI 24h−7.31% Funding APR+2.20% Basis−0.11% Deleveraging⌄

binanceONDOUSDT

Open interest: $44.7M
OI 24h: −7.39%
Funding APR: +10.95%
Mark-index basis: −0.10%

bybitONDOUSDT

Open interest: $44.4M
OI 24h: −7.85%
Funding APR: −4.21%
Mark-index basis: −0.10%

okxONDO-USDT-SWAP

Open interest: $10.6M
OI 24h: −4.84%
Funding APR: −6.65%
Mark-index basis: −0.15%

whitebitONDO_PERP

Open interest: $10.3M
OI 24h: −7.18%
Funding APR: +1.08%
Mark-index basis: −0.13%

TAOBittensor Open interest$110.1M OI 24h−13.78% Funding APR+6.89% Basis−0.09% Deleveraging⌄

binanceTAOUSDT

Open interest: $53.2M
OI 24h: −13.54%
Funding APR: +10.95%
Mark-index basis: −0.06%

bybitTAOUSDT

Open interest: $26.7M
OI 24h: −17.51%
Funding APR: +5.48%
Mark-index basis: −0.11%

okxTAO-USDT-SWAP

Open interest: $17.2M
OI 24h: −9.55%
Funding APR: −6.60%
Mark-index basis: −0.13%

whitebitTAO_PERP

Open interest: $13.0M
OI 24h: −12.66%
Funding APR: +10.95%
Mark-index basis: −0.09%

ARBArbitrum Open interest$86.3M OI 24h−15.82% Funding APR+10.95% Basis−0.03% Deleveraging⌄

binanceARBUSDT

Open interest: $37.4M
OI 24h: −17.20%
Funding APR: +10.95%
Mark-index basis: −0.00%

bybitARBUSDT

Open interest: $25.3M
OI 24h: −12.17%
Funding APR: +10.95%
Mark-index basis: −0.06%

okxARB-USDT-SWAP

Open interest: $13.9M
OI 24h: −17.88%
Funding APR: +10.95%
Mark-index basis: −0.02%

whitebitARB_PERP

Open interest: $9.6M
OI 24h: −17.10%
Funding APR: +10.95%
Mark-index basis: −0.07%

FILFilecoin Open interest$81.4M OI 24h−12.85% Funding APR+3.12% Basis−0.06% Deleveraging⌄

binanceFILUSDT

Open interest: $41.7M
OI 24h: −19.87%
Funding APR: +10.95%
Mark-index basis: −0.07%

okxFIL-USDT-SWAP

Open interest: $14.7M
OI 24h: −13.00%
Funding APR: −2.08%
Mark-index basis: −0.05%

bybitFILUSDT

Open interest: $14.6M
OI 24h: +11.26%
Funding APR: −19.65%
Mark-index basis: −0.11%

whitebitFIL_PERP

Open interest: $10.5M
OI 24h: −18.22%
Funding APR: +10.95%
Mark-index basis: +0.01%

XLMStellar Open interest$78.5M OI 24h−12.12% Funding APR−4.37% Basis−0.06% Deleveraging⌄

bybitXLMUSDT

Open interest: $32.3M
OI 24h: −10.12%
Funding APR: −23.02%
Mark-index basis: −0.09%

binanceXLMUSDT

Open interest: $30.4M
OI 24h: −14.94%
Funding APR: +10.62%
Mark-index basis: −0.05%

okxXLM-USDT-SWAP

Open interest: $8.5M
OI 24h: −8.38%
Funding APR: −0.20%
Mark-index basis: −0.06%

whitebitXLM_PERP

Open interest: $7.2M
OI 24h: −13.65%
Funding APR: +10.95%
Mark-index basis: +0.01%

TRUMPOfficial Trump Open interest$76.7M OI 24h−19.43% Funding APR−15.32% Basis−0.13% Deleveraging⌄

binanceTRUMPUSDT

Open interest: $32.5M
OI 24h: −23.97%
Funding APR: −24.96%
Mark-index basis: −0.10%

bybitTRUMPUSDT

Open interest: $21.2M
OI 24h: −14.38%
Funding APR: −4.02%
Mark-index basis: −0.13%

okxTRUMP-USDT-SWAP

Open interest: $14.2M
OI 24h: −15.41%
Funding APR: −26.21%
Mark-index basis: −0.13%

whitebitTRUMP_PERP

Open interest: $8.7M
OI 24h: −21.38%
Funding APR: +10.95%
Mark-index basis: −0.26%

LITLighter Open interest$71.5M OI 24h+24.31% Funding APR−15.62% Basis−0.08% Short crowded⌄

bybitLITUSDT

Open interest: $59.6M
OI 24h: +31.66%
Funding APR: −20.90%
Mark-index basis: −0.14%

whitebitLIT_PERP

Open interest: $11.8M
OI 24h: −12.70%
Funding APR: +10.95%
Mark-index basis: +0.24%

HBARHedera Open interest$66.9M OI 24h−14.29% Funding APR+8.78% Basis−0.07% Deleveraging⌄

bybitHBARUSDT

Open interest: $28.2M
OI 24h: −7.63%
Funding APR: +10.95%
Mark-index basis: −0.10%

binanceHBARUSDT

Open interest: $26.6M
OI 24h: −20.37%
Funding APR: +8.27%
Mark-index basis: −0.04%

okxHBAR-USDT-SWAP

Open interest: $6.1M
OI 24h: −13.59%
Funding APR: −1.28%
Mark-index basis: −0.07%

whitebitHBAR_PERP

Open interest: $6.1M
OI 24h: −19.35%
Funding APR: +10.95%
Mark-index basis: −0.07%

DOTPolkadot Open interest$65.7M OI 24h−9.20% Funding APR+7.50% Basis−0.08% Deleveraging⌄

binanceDOTUSDT

Open interest: $31.6M
OI 24h: −8.68%
Funding APR: +10.95%
Mark-index basis: −0.03%

bybitDOTUSDT

Open interest: $18.5M
OI 24h: −11.84%
Funding APR: +6.82%
Mark-index basis: −0.12%

okxDOT-USDT-SWAP

Open interest: $8.2M
OI 24h: −6.32%
Funding APR: −7.36%
Mark-index basis: −0.11%

whitebitDOT_PERP

Open interest: $7.4M
OI 24h: −8.05%
Funding APR: +10.95%
Mark-index basis: −0.17%

PENGUPudgy Penguins Open interest$58.1M OI 24h−10.08% Funding APR+6.79% Basis−0.09% Deleveraging⌄

binancePENGUUSDT

Open interest: $29.7M
OI 24h: −9.66%
Funding APR: +10.35%
Mark-index basis: −0.04%

bybitPENGUUSDT

Open interest: $14.9M
OI 24h: −12.54%
Funding APR: +5.48%
Mark-index basis: −0.12%

whitebitPENGU_PERP

Open interest: $6.8M
OI 24h: −9.06%
Funding APR: +10.95%
Mark-index basis: −0.12%

okxPENGU-USDT-SWAP

Open interest: $6.7M
OI 24h: −7.49%
Funding APR: −10.29%
Mark-index basis: −0.15%

CRVCurve DAO Open interest$54.1M OI 24h−16.96% Funding APR−20.76% Basis−0.13% Deleveraging⌄

bybitCRVUSDT

Open interest: $21.9M
OI 24h: −15.94%
Funding APR: −24.50%
Mark-index basis: −0.18%

binanceCRVUSDT

Open interest: $21.1M
OI 24h: −18.06%
Funding APR: −23.22%
Mark-index basis: −0.13%

okxCRV-USDT-SWAP

Open interest: $6.1M
OI 24h: −16.38%
Funding APR: −25.07%
Mark-index basis: −0.11%

whitebitCRV_PERP

Open interest: $5.0M
OI 24h: −17.48%
Funding APR: +10.95%
Mark-index basis: +0.00%

PUMPFUNpump-fun Open interest$47.8M OI 24h−10.12% Funding APR+7.40% Basis−0.09% Deleveraging⌄

bybitPUMPFUNUSDT

Open interest: $31.0M
OI 24h: −10.37%
Funding APR: +5.48%
Mark-index basis: −0.05%

whitebitPUMP_PERP

Open interest: $16.8M
OI 24h: −9.66%
Funding APR: +10.95%
Mark-index basis: −0.17%

ICPInternet Computer Open interest$46.7M OI 24h−6.96% Funding APR+1.64% Basis−0.09% Deleveraging⌄

binanceICPUSDT

Open interest: $21.8M
OI 24h: −13.96%
Funding APR: +10.95%
Mark-index basis: +0.01%

bybitICPUSDT

Open interest: $12.8M
OI 24h: −9.45%
Funding APR: −2.00%
Mark-index basis: −0.16%

okxICP-USDT-SWAP

Open interest: $6.8M
OI 24h: +20.93%
Funding APR: −28.71%
Mark-index basis: −0.24%

whitebitICP_PERP

Open interest: $5.3M
OI 24h: −7.75%
Funding APR: +10.95%
Mark-index basis: −0.12%

AEROAerodrome Open interest$46.1M OI 24h−10.96% Funding APR−1.45% Basis−0.06% Deleveraging⌄

binanceAEROUSDT

Open interest: $28.5M
OI 24h: −15.17%
Funding APR: −6.62%
Mark-index basis: −0.04%

bybitAEROUSDT

Open interest: $13.0M
OI 24h: −9.90%
Funding APR: +5.48%
Mark-index basis: −0.10%

okxAERO-USDT-SWAP

Open interest: $2.9M
OI 24h: +25.46%
Funding APR: +10.95%
Mark-index basis: −0.02%

whitebitAERO_PERP

Open interest: $1.7M
OI 24h: −10.98%
Funding APR: +10.95%
Mark-index basis: −0.22%

WLFIWorld Liberty Financial Open interest$46.0M OI 24h−4.77% Funding APR+8.84% Basis−0.19% Balanced⌄

whitebitWLFI_PERP

Open interest: $28.3M
OI 24h: −2.60%
Funding APR: +10.95%
Mark-index basis: −0.30%

bybitWLFIUSDT

Open interest: $17.7M
OI 24h: −8.25%
Funding APR: +5.48%
Mark-index basis: −0.02%

INJInjective Open interest$45.6M OI 24h−15.29% Funding APR−9.38% Basis−0.08% Deleveraging⌄

binanceINJUSDT

Open interest: $21.2M
OI 24h: −18.31%
Funding APR: −2.42%
Mark-index basis: −0.06%

bybitINJUSDT

Open interest: $15.4M
OI 24h: −11.96%
Funding APR: −23.96%
Mark-index basis: −0.10%

whitebitINJ_PERP

Open interest: $4.8M
OI 24h: −17.04%
Funding APR: +10.95%
Mark-index basis: +0.00%

okxINJ-USDT-SWAP

Open interest: $4.2M
OI 24h: −10.13%
Funding APR: −14.43%
Mark-index basis: −0.15%

PAXGPAX Gold Open interest$43.7M OI 24h+11.49% Funding APR+7.90% Basis−0.05% OI building⌄

bybitPAXGUSDT

Open interest: $24.3M
OI 24h: +22.18%
Funding APR: +5.48%
Mark-index basis: +0.00%

whitebitPAXG_PERP

Open interest: $19.4M
OI 24h: −1.94%
Funding APR: +10.95%
Mark-index basis: −0.12%

ETHFIether.fi Open interest$43.3M OI 24h−9.60% Funding APR+6.59% Basis−0.05% Deleveraging⌄

binanceETHFIUSDT

Open interest: $20.5M
OI 24h: −10.43%
Funding APR: +10.95%
Mark-index basis: −0.09%

bybitETHFIUSDT

Open interest: $13.7M
OI 24h: −8.29%
Funding APR: +5.48%
Mark-index basis: −0.05%

whitebitETHFI_PERP

Open interest: $4.7M
OI 24h: −10.08%
Funding APR: +10.95%
Mark-index basis: +0.18%

okxETHFI-USDT-SWAP

Open interest: $4.4M
OI 24h: −9.31%
Funding APR: −14.89%
Mark-index basis: −0.07%

QNTQuant Open interest$42.2M OI 24h−10.04% Funding APR−8.60% Basis−0.05% Deleveraging⌄

binanceQNTUSDT

Open interest: $23.6M
OI 24h: −13.81%
Funding APR: −14.72%
Mark-index basis: −0.02%

bybitQNTUSDT

Open interest: $14.1M
OI 24h: −2.63%
Funding APR: −4.43%
Mark-index basis: −0.06%

whitebitQNT_PERP

Open interest: $4.4M
OI 24h: −13.64%
Funding APR: +10.95%
Mark-index basis: −0.14%

STRKStarknet Open interest$42.1M OI 24h−13.97% Funding APR+4.42% Basis−0.10% Deleveraging⌄

binanceSTRKUSDT

Open interest: $17.5M
OI 24h: −17.25%
Funding APR: +10.95%
Mark-index basis: −0.10%

bybitSTRKUSDT

Open interest: $14.5M
OI 24h: −8.15%
Funding APR: −7.94%
Mark-index basis: −0.14%

okxSTRK-USDT-SWAP

Open interest: $5.7M
OI 24h: −16.31%
Funding APR: +10.95%
Mark-index basis: −0.07%

whitebitSTRK_PERP

Open interest: $4.3M
OI 24h: −17.16%
Funding APR: +10.95%
Mark-index basis: −0.05%

APTAptos Open interest$40.6M OI 24h−15.22% Funding APR+6.53% Basis−0.09% Deleveraging⌄

bybitAPTUSDT

Open interest: $16.8M
OI 24h: −14.16%
Funding APR: +10.95%
Mark-index basis: −0.11%

binanceAPTUSDT

Open interest: $15.8M
OI 24h: −16.73%
Funding APR: +7.66%
Mark-index basis: −0.04%

okxAPT-USDT-SWAP

Open interest: $4.2M
OI 24h: −13.15%
Funding APR: +0.45%
Mark-index basis: −0.11%

whitebitAPT_PERP

Open interest: $3.7M
OI 24h: −16.02%
Funding APR: −11.30%
Mark-index basis: −0.22%

XPLPlasma Open interest$39.9M OI 24h+7.83% Funding APR+6.77% Basis−0.04% OI building⌄

bybitXPLUSDT

Open interest: $30.5M
OI 24h: +8.66%
Funding APR: +5.48%
Mark-index basis: −0.04%

whitebitXPL_PERP

Open interest: $9.4M
OI 24h: +5.14%
Funding APR: +10.95%
Mark-index basis: −0.03%

ATOMCosmos Open interest$37.2M OI 24h−12.08% Funding APR−7.50% Basis−0.11% Deleveraging⌄

binanceATOMUSDT

Open interest: $17.0M
OI 24h: −13.48%
Funding APR: −3.05%
Mark-index basis: −0.06%

bybitATOMUSDT

Open interest: $12.2M
OI 24h: −12.15%
Funding APR: −11.00%
Mark-index basis: −0.17%

okxATOM-USDT-SWAP

Open interest: $4.0M
OI 24h: −5.07%
Funding APR: −33.67%
Mark-index basis: −0.20%

whitebitATOM_PERP

Open interest: $3.9M
OI 24h: −13.07%
Funding APR: +10.95%
Mark-index basis: −0.08%

TIACelestia Open interest$36.8M OI 24h−22.77% Funding APR−9.54% Basis−0.12% Deleveraging⌄

binanceTIAUSDT

Open interest: $17.3M
OI 24h: −26.87%
Funding APR: −7.11%
Mark-index basis: −0.11%

bybitTIAUSDT

Open interest: $9.6M
OI 24h: −21.32%
Funding APR: −4.66%
Mark-index basis: −0.15%

okxTIA-USDT-SWAP

Open interest: $5.6M
OI 24h: −11.80%
Funding APR: −41.28%
Mark-index basis: −0.17%

whitebitTIA_PERP

Open interest: $4.3M
OI 24h: −23.70%
Funding APR: +10.95%
Mark-index basis: +0.00%

ZROLayerZero Open interest$36.1M OI 24h+5.74% Funding APR−3.84% Basis−0.16% OI building⌄

bybitZROUSDT

Open interest: $28.5M
OI 24h: +6.58%
Funding APR: −7.74%
Mark-index basis: −0.20%

whitebitZRO_PERP

Open interest: $7.5M
OI 24h: +2.53%
Funding APR: +10.95%
Mark-index basis: +0.00%

ETCEthereum Classic Open interest$35.3M OI 24h−10.07% Funding APR+3.12% Basis−0.10% Deleveraging⌄

binanceETCUSDT

Open interest: $16.6M
OI 24h: −12.40%
Funding APR: +10.95%
Mark-index basis: −0.01%

bybitETCUSDT

Open interest: $8.2M
OI 24h: −8.09%
Funding APR: −2.12%
Mark-index basis: −0.10%

okxETC-USDT-SWAP

Open interest: $6.3M
OI 24h: −6.05%
Funding APR: −15.95%
Mark-index basis: −0.12%

whitebitETC_PERP

Open interest: $4.3M
OI 24h: −10.77%
Funding APR: +10.95%
Mark-index basis: −0.37%

OPOptimism Open interest$34.3M OI 24h−12.40% Funding APR−14.34% Basis−0.11% Deleveraging⌄

binanceOPUSDT

Open interest: $14.2M
OI 24h: −16.65%
Funding APR: −18.84%
Mark-index basis: −0.08%

bybitOPUSDT

Open interest: $12.6M
OI 24h: −10.11%
Funding APR: +4.11%
Mark-index basis: −0.10%

okxOP-USDT-SWAP

Open interest: $4.1M
OI 24h: −3.25%
Funding APR: −32.24%
Mark-index basis: −0.13%

whitebitOP_PERP

Open interest: $3.4M
OI 24h: −14.18%
Funding APR: −41.93%
Mark-index basis: −0.22%

HOW TO READ IT

Three measurements, one warning

Open interest

Venue-reported value of outstanding perpetual positions. The 24-hour change needs a full day of stored history.

Funding

Current periodic rate annualised for comparison. Positive means longs pay shorts.

Basis

Difference between mark and index price. It shows whether the perpetual trades rich or cheap to its reference.

Crowding

Flagged only when OI grows at least 5%, funding exceeds ±10% APR and basis points the same way.