ZEROBASE ZBT · perps
Price · 1h
ZBT across exchanges
| Exchange | Funding APR | Open interest | OI share |
|---|---|---|---|
| B | +10.95% | $12.26M | 58% |
| B | +10.95% | $8.26M | 39% |
| O | +10.95% | $495.3K | 2% |
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
ZBT's derivatives market shows modest positioning with a leverage risk score of 5, indicating a relatively stable and uncrowded structure. Open interest stands at $20.7M, with a 24-hour increase of +0.5% offset by a weekly decline of -2.8%, suggesting mild consolidation after recent deleveraging.
The aggregated funding rate of 10.95% annualized reflects a moderately bullish lean, though this sits at the 51st percentile over the last 90 days—squarely at the median of ZBT's recent range rather than stretched to either extreme. This neutral positioning in funding indicates neither pronounced crowding nor significant depressed sentiment relative to the coin's own history.
The liquidation imbalance of -1.00 over 24 hours reveals that shorts alone absorbed liquidations, with no longs closed by force. Combined with the modest open interest size and low risk score, this pattern suggests the market is neither heavily leveraged nor volatile enough to trigger widespread position unwinding. The data points to a balanced state with limited tail risk.