Aster ASTER · perps

ASTER's derivatives market shows modest activity with minimal leverage risk. Open interest stands at $146.7M, having grown +0.2% over the past day while contracting -1.0% over the week, suggesting a slight net reduction in positioning despite short-term marginal inflows. The aggregated funding rate of 8.85% annualized indicates that longs are paying shorts at a meaningful clip, yet the funding percentile of 38 places this rate well below its recent 90-day average, meaning crowding pressure is currently subdued relative to ASTER's own recent history.

The leverage risk score of 3 reflects a very low fragility profile, and this assessment aligns with the liquidation data: over the past 24 hours, the imbalance was -1.00, indicating substantially more short positions were liquidated than longs. This asymmetry, combined with modest funding costs and minimal open interest momentum, paints a picture of a market in relative equilibrium without acute leverage instability. The combination of elevated but historically mid-range funding rates and near-flat open interest changes suggests steady, cautious positioning rather than a crowded or destabilized state.