Banana For Scale BANANAS31 · perps

BANANAS31 shows modest leverage positioning with restrained funding conditions. The aggregated funding rate stands at 10.46% annualized, placing it at the 37th percentile over the last ninety days—well below recent extremes for this asset. Open interest of $6.6M reflects a relatively small notional market, though the twenty-four-hour change of +0.3% suggests minimal activity in either direction.

The seven-day trend tells a different story: open interest has declined 6.6%, indicating net position closure and deleveraging over the weekly timeframe. This contrasts with the marginal twenty-four-hour gain, suggesting the recent day reversed a broader retreat in positioning. The liquidation imbalance of +0.00 shows no directional bias in forced closures, pointing to an orderly market without acute cascade risk.

The leverage risk score of 7 is notably low, reflecting a market with limited fragility or crowded leverage. Combined with moderate funding at the thirty-seventh percentile and net weekly deleveraging, BANANAS31 presents a stable derivatives environment with no signals of stretched positioning or imminent volatility from unwinding.