LITE LITE · perps
Price · 1h
LITE across exchanges
| Exchange | Funding APR | Open interest | OI share |
|---|---|---|---|
| B | +0.00% | $5.79M | 68% |
| O | +0.00% | $1.81M | 21% |
| B | +9.43% | $962.1K | 11% |
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
LITE's derivatives market is showing signs of deleveraging and balanced positioning. Open interest stands at $8.7M, down 3.8% over the past twenty-four hours and down 19.7% over the past week, indicating sustained unwinding of leveraged exposure. The aggregated funding rate is 0.00%, placing the market near equilibrium between longs and shorts, which aligns with the funding percentile of 52—a neutral reading within the coin's recent ninety-day range with no skew toward crowding in either direction.
The liquidation imbalance of -1.00 reveals that shorts were liquidated exclusively over the last day, though the modest absolute size of the market ($8.7M) suggests these moves carry limited systemic weight. The leverage risk score of 4 reflects minimal fragility in positioning, consistent with the overall low-tension setup. Together, these metrics paint a picture of a market in contraction, with neither significant long nor short dominance, and structural conditions that pose little acute leverage-driven risk.