ORCL ORCL · perps
Price · 1h
ORCL across exchanges
| Exchange | Funding APR | Open interest | OI share |
|---|---|---|---|
| B | +0.00% | $4.86M | 48% |
| O | +18.96% | $3.29M | 32% |
| B | +19.68% | $2.01M | 20% |
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
ORCL's perpetual futures market shows minimal acute stress despite modest positioning activity. The aggregated funding rate stands at 0.00%, indicating neutral sentiment between longs and shorts with no directional crowding pressure. This rate sits at the 36th percentile of its 90-day range, suggesting current conditions are actually below the median historical level for the contract—a relatively calm backdrop.
Open interest totals $10.0M across exchanges, with mixed directional momentum: the past 24 hours saw a -5.3% contraction, but the seven-day view reveals a +16.4% net build. This suggests recent position-taking after a minor pullback, though the absolute notional size remains modest. The liquidation imbalance of -1.00 over 24 hours points exclusively to short closures or liquidations, with no long-side liquidation activity, reinforcing a period of short covering rather than forced deleveraging pressure on either side.
The leverage risk score of 6 is exceptionally low, indicating minimal structural fragility in the current positioning. Combined with zero funding pressure and below-median historical funding levels, ORCL's derivatives market presents a relatively benign risk environment with neither excessive leverage nor stretched directional crowding.