Quantority
OKB OKB · perps
Price · 1h
OKB across exchanges
| Exchange | Funding APR | Open interest | OI share |
|---|---|---|---|
O OKX | +10.95% | $16.00M | 94% |
B Bybit | +10.95% | $1.03M | 6% |
Funding annualized per venue interval; open interest is the latest reading per exchange. No fresh per-venue reading from Binance, Bitget right now — the cross-exchange totals above still include every venue's last data.
Interpretation
OKB's derivatives market is displaying modest positioning with a leverage risk score of 5, indicating minimal fragility in the current setup. Open interest stands at $16.9M, down 1.4% over the past 24 hours and 4.5% across the past week, suggesting a gentle unwinding of leveraged exposure rather than accumulation.
The aggregated funding rate of 10.95% annualized reflects a moderately bullish lean, with longs bearing the cost of shorts—typical when optimism dominates but not at extreme levels. The funding percentile of 56 over the last 90 days places this rate near the middle of OKB's recent history, meaning current sentiment is neither stretched nor depressed relative to its own pattern.
Liquidation activity tilted sharply toward shorts, registered at -1.00, indicating concentrated short-side exits or liquidations during the measurement period. Combined with falling open interest and a low risk score, this pattern suggests the market is in a gradual deleveraging cycle without acute crowding or instability in either direction.