Quantority
AltLayer ALT · perps
Price · 1h
ALT across exchanges
| Exchange | Funding APR | Open interest | OI share |
|---|---|---|---|
B Binance | +10.95% | $2.87M | 57% |
B Bybit | -26.20% | $1.58M | 31% |
B Bitget | +10.95% | $580.1K | 12% |
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
ALT's derivatives market shows modest positioning with a leverage_risk_score of 12, indicating relatively low structural fragility. The aggregated_funding_apr of 8.70% reflects a moderately bullish skew—longs are paying shorts—though this sits at the funding_percentile_90d of 47, meaning current rates are unremarkable within the coin's recent 90-day band and nowhere near historical extremes.
Open interest stands at $5.1M, a relatively small absolute notional size. The oi_change_7d of +8.5% shows that positioning has expanded over the week, yet this growth reversed sharply with a oi_change_24h of -13.3%, suggesting either profit-taking or a tactical deleveraging in the last day. The liquidation_imbalance of +0.00 indicates perfectly balanced liquidations between longs and shorts over 24 hours, with no directional skew in forced closeouts.
Taken together, ALT presents a low-risk profile: funding is elevated but not extreme, the market remains small and shallow, and recent volatility in positioning does not signal acute crowding or systemic stress. The week's OI gains are being partially unwound, which is typical of normal market dynamics rather than a warning sign.