Quantority
Stable STABLE · perps
Price · 1h
STABLE across exchanges
| Exchange | Funding APR | Open interest | OI share |
|---|---|---|---|
B Binance | -97.27% | $6.19M | 86% |
B Bitget | -109.06% | $524.8K | 7% |
O OKX | -129.11% | $470.4K | 7% |
Funding annualized per venue interval; open interest is the latest reading per exchange. No fresh per-venue reading from Bybit right now — the cross-exchange totals above still include every venue's last data.
Interpretation
STABLE is trading with moderately elevated funding costs at 9.61%, reflective of long-side demand, though the 75th percentile reading over the past ninety days indicates this rate remains materially stretched relative to its recent history. Open interest stands at $7.1M, a relatively modest absolute position size, yet the seven-day trajectory reveals mixed conviction: a +5.8% rise over the week contrasts with a sharp -5.4% pullback in the last twenty-four hours, suggesting recent uncertainty or profit-taking among leveraged participants.
The leverage risk score of 19 points to a structurally sound environment with limited fragility in the current positioning. Supporting this assessment, the liquidation imbalance registers at +0.00 over twenty-four hours, indicating balanced two-way liquidation flow—neither longs nor shorts faced disproportionate pressure to close. While the elevated funding percentile reflects temporary crowding on the long side, the small absolute notional and balanced liquidation activity suggest STABLE derivatives markets lack the hallmarks of dangerous leverage concentration at this moment.