Tether Gold XAUT · perps
Price · 1h
XAUT across exchanges
| Exchange | Funding APR | Open interest | OI share |
|---|---|---|---|
| B | +3.50% | $27.01M | 58% |
| B | -1.12% | $19.91M | 42% |
Funding annualized per venue interval; open interest is the latest reading per exchange. No fresh per-venue reading from Bybit, OKX right now — the cross-exchange totals above still include every venue's last data.
Interpretation
XAUT's derivatives market shows modest positioning with a benign risk profile. Open interest stands at $47.2M, and it has contracted by -2.8% over the last 24 hours and -6.0% over the past week, indicating steady deleveraging rather than fresh leverage accumulation. The aggregated funding rate of 1.28% is positive but restrained, reflecting a modest long bias without the crowded conditions typical of speculative peaks.
The funding percentile of 21 places current rates well below their recent 90-day range, meaning XAUT is near the lower end of its historical funding distribution—shorts have not been heavily incentivized relative to the past three months. Liquidation activity remained balanced at +0.00, with no asymmetric pressure on either side over 24 hours.
The leverage risk score of 18 is low, confirming that the market structure is stable and fragile leverage is minimal. The combination of falling open interest, subdued funding rates, and balanced liquidations suggests a market in consolidation mode rather than one exhibiting stretched positioning or fragile leverage buildup.