Quantority
COIN COIN · perps
Price · 1h
COIN across exchanges
| Exchange | Funding APR | Open interest | OI share |
|---|---|---|---|
B Bitget | +0.00% | $3.16M | 59% |
B Bybit | +0.00% | $1.25M | 23% |
O OKX | +0.00% | $918.8K | 17% |
Funding annualized per venue interval; open interest is the latest reading per exchange. No fresh per-venue reading from Binance right now — the cross-exchange totals above still include every venue's last data.
Interpretation
COIN's derivatives market shows minimal leverage stress and balanced positioning. The aggregated funding rate stands at 0.00%, indicating neither longs nor shorts are materially favored, while the funding percentile of 46 places current conditions well within the coin's recent historical norms—neither stretched nor deeply discounted. Open interest of $5.3M is modest, and the liquidation imbalance at +0.00 reflects an equilibrium between long and short liquidations over the past day.
The week-to-week picture is stable: open interest rose slightly by +0.1% over seven days, though the past 24 hours saw a pullback of -3.9%, suggesting minor position reduction rather than any rush to exit. The leverage risk score of 5 is exceptionally low, indicating the market is not crowded with fragile leverage and carries minimal systemic liquidation risk. Overall, COIN's perpetual market reflects a healthy, balanced state with no pronounced directional conviction from traders and no warning signs of excessive positioning.