Alchemist AI ALCH · perps
Price · 1h
ALCH across exchanges
| Exchange | Funding APR | Open interest | OI share |
|---|---|---|---|
| B | +10.95% | $5.93M | 66% |
| B | +10.95% | $2.48M | 27% |
| B | +10.95% | $637.9K | 7% |
Funding annualized per venue interval; open interest is the latest reading per exchange. No fresh per-venue reading from OKX right now — the cross-exchange totals above still include every venue's last data.
Interpretation
ALCH's derivatives market is characterized by moderate funding costs and low leverage fragility. The aggregated funding rate stands at 10.95% annualized, reflecting a net long bias, though this sits at the 44th percentile of the past 90 days—slightly below the historical median and indicating funding is not stretched by recent standards.
Open interest totals $9.2M across exchanges, a relatively modest positioning base. Over the past 24 hours, OI declined 2.4%, and over the past seven days it has fallen 13.3%, signaling consistent deleveraging and position closure rather than capital inflow or leverage accumulation. The liquidation imbalance registered +0.00 over 24 hours, showing perfectly balanced liquidation pressure between long and short sides with no directional bias.
The leverage risk score of 7 is notably low, indicating minimal structural fragility in the derivatives ecosystem around ALCH. Combined with the recent OI contraction, shrinking funding percentile, and balanced liquidation activity, the market presents a calm, de-risking posture with no acute crowding or leverage concentration concerns.