INTC INTC · perps

INTC's perpetual-futures market shows signs of substantial deleveraging and balanced positioning. Open interest has contracted sharply, declining 9.5% over the past day and 36.4% over the past week, indicating traders are actively closing positions. The absolute open interest of $21.1M reflects a relatively modest derivatives footprint for the asset.

Funding dynamics remain neutral, with an aggregated funding rate of 0.00% showing no directional bias between longs and shorts. The funding percentile of 31 places current rates in the lower portion of the asset's 90-day range, suggesting present conditions are less stretched than typical and that neither side is currently extracted excessive premium. The liquidation imbalance of -1.00 over 24 hours indicates that shorts have absorbed all liquidations, though this may reflect the small absolute size of the market rather than sustained long-side pressure.

The leverage risk score of 14 is markedly low, underscoring a fragile or crowded environment is absent. Combined with the persistent deleveraging trend and neutral funding, INTC's derivatives structure presents minimal systemic tension or acute repositioning risk at current levels.