Zest Protocol ZEST · perps
Price · 1h
ZEST across exchanges
| Exchange | Funding APR | Open interest | OI share |
|---|---|---|---|
| B | +22.82% | $3.32M | 72% |
| B | +10.95% | $1.30M | 28% |
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
ZEST's perpetual-futures market shows modest positioning with minimal leverage fragility. Open interest stands at $4.9M, with a 24-hour gain of +0.5% suggesting stable but flat activity. The aggregated funding rate of 5.47% sits at the 26th percentile over 90 days, indicating that current long-short incentives are unusually soft relative to recent history—longs are paying shorts, but at a rate well below the coin's typical range.
The leverage risk score of 14 reflects a low-stress environment. Liquidation imbalance at +0.00 shows perfectly neutral flows over 24 hours, with neither side experiencing concentrated forced closing. The combination of subdued funding relative to recent norms and minimal open-interest growth suggests neither pronounced crowding nor acute deleveraging pressure. ZEST's derivatives landscape remains lean and balanced, without signals of destabilizing leverage accumulation.