Quantority
Naoris Protocol NAORIS · perps
Price · 1h
NAORIS across exchanges
| Exchange | Funding APR | Open interest | OI share |
|---|---|---|---|
B Binance | +10.95% | $3.27M | 43% |
B Bitget | +10.95% | $3.17M | 42% |
B Bybit | +10.95% | $1.10M | 15% |
Funding annualized per venue interval; open interest is the latest reading per exchange. No fresh per-venue reading from OKX right now — the cross-exchange totals above still include every venue's last data.
Interpretation
NAORIS perpetual futures show modest positioning with a constructive funding environment. The aggregated funding APR stands at 8.66%, placing it at the 34th percentile over the last ninety days—well below historical peaks for the token, indicating longs are paying shorts at a moderate rate that has been considerably higher in recent weeks. Open interest of $7.4M is relatively lean, suggesting limited leverage concentration in the derivatives market.
Near-term flows reveal some chop: open interest rose 4.1% over the past twenty-four hours, but the seven-day trend shows a decline of 8.0%, pointing to a recent net deleveraging that appears to have reversed slightly in the last day. The liquidation imbalance of +0.00 indicates an even split between long and short liquidations over the past day, with no directional pressure from forced exits.
The leverage risk score of 13 is notably low, reflecting a fragile positioning environment—in NAORIS's case, one with minimal crowding or fragility. Combined with the subdued funding rate relative to its ninety-day range and modest open interest, the metrics suggest a market without acute tail risks, though the modest size and recent volatility in positioning merit continued monitoring.