Quantority
Lido DAO LDO · perps
Price · 1h
LDO across exchanges
| Exchange | Funding APR | Open interest | OI share |
|---|---|---|---|
B Binance | +10.95% | $13.80M | 43% |
B Bybit | +8.99% | $12.08M | 38% |
O OKX | +5.63% | $3.28M | 10% |
B Bitget | -6.46% | $2.73M | 9% |
Funding annualized per venue interval; open interest is the latest reading per exchange.
Interpretation
LDO's derivatives market is showing moderate positioning activity with a notably asymmetric liquidation profile. Open interest stands at $31.0M, having expanded +39.4% over the past week while gaining +0.7% in the last 24 hours, indicating a period of leverage accumulation that has now stabilized at the margins.
The aggregated funding rate of 7.62% reflects a long-biased market where longs are paying shorts to maintain positions, though this rate sits at the 52nd percentile of LDO's 90-day range, placing it squarely within the coin's typical funding environment with no extreme crowding evident. The leverage risk score of 4 is notably low, suggesting minimal systemic fragility despite the recent week's positioning build.
The most distinctive feature is the liquidation imbalance of -0.97 over 24 hours, indicating that shorts have been liquidated at an overwhelming rate relative to longs. This sharp directional imbalance suggests either a sharp price move against short positions or significant forced short covering, which typically reflects underlying strength in spot demand rather than a sustainable leveraged position.