Nexpace NXPC · perps
Price · 1h
NXPC across exchanges
| Exchange | Funding APR | Open interest | OI share |
|---|---|---|---|
| B | -11.53% | $4.14M | 72% |
| B | -160.38% | $1.36M | 24% |
| B | -2.19% | $216.1K | 4% |
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
NXPC's derivatives market shows modest positioning with subdued leverage risk. The aggregated funding rate stands at 2.55%, indicating mild long-side crowding, though the funding percentile of 22 reveals this rate is notably below the coin's typical recent range—suggesting current sentiment has cooled relative to the last ninety days. Open interest at $5.7M remains relatively compact across exchanges.
The positioning landscape has shifted modestly over the short term: open interest declined 7.0% over seven days while adding 0.2% in the past day, a pattern consistent with mild deleveraging followed by marginal re-entry. The liquidation imbalance of +0.00 indicates perfectly balanced liquidation pressure between longs and shorts over the preceding twenty-four hours, reflecting neither directional fragility.
The leverage risk score of 16 is the most reassuring metric, pointing to low composite fragility in the current positioning. This low risk profile, combined with funding rates that sit well below their recent distribution and a small absolute notional size, suggests NXPC's derivatives complex is neither stretched nor crowded by recent standards. Traders have not built significant consensus bets.