ALICEperpetual futures
Funding is the periodic payment exchanged between long and short perpetual positions. A high 90-day percentile means funding for ALICE is elevated versus its own recent norm — often a sign of crowded longs and a higher chance of a long squeeze.
Funding history
Jade above the zero line: longs pay shorts. Clay below: shorts pay longs.
ALICE across exchanges
| Exchange | Funding APR | Open interest | OI share |
|---|---|---|---|
| B | +10.95% | $1.07M | 51% |
| B | +2.74% | $1.01M | 49% |
Funding annualized per venue interval; open interest is the latest reading per exchange.
Interpretation
ALICE is exhibiting extreme derivatives stress across all major dimensions. The aggregated funding rate stands at -981.85%, placing it at the funding_percentile_90d of 0 — meaning shorts are being paid massively by longs, and this condition is more severe than any reading in the prior ninety days. This inversion is extraordinarily rare and signals either a structural breakdown in pricing or an acute supply-demand imbalance in perpetual markets.
Open interest has surged dramatically, rising +188.8% over the past 24 hours and +210.5% over seven days, bringing total notional positioning to $5.8M. The speed of this leverage accumulation—more than doubling in a week—indicates rapid and sustained entry by traders, yet the severe negative funding suggests those positions (predominantly long) are being crushed. The liquidation_imbalance of +0.00 indicates balanced two-sided liquidations over the 24-hour window, providing no directional clarity on which side is being flushed.
The leverage_risk_score of 100 reflects the most fragile state possible. ALICE's perpetual market is now characterized by extreme funding dislocation, runaway leverage buildup, and maximal structural fragility. This combination leaves both sides of the market vulnerable to sharp reversals and cascading liquidations.
FAQ
What is the funding rate for ALICE right now?
As of the latest reading, ALICE aggregated funding is -696.61% annualized, at the 1th percentile of its own last 90 days. Funding is a recurring payment between long and short ALICE perpetual holders that keeps the contract price anchored to spot: positive means longs pay shorts, negative means shorts pay longs.
What does a high funding percentile mean?
It means current ALICE funding is high versus its own last 90 days — usually a sign of crowded long positioning, which can precede a long squeeze if price turns.
How is aggregated funding calculated?
Each exchange's rate is annualized (accounting for 4h vs 8h intervals), then averaged weighted by open interest across Binance, Bybit, OKX and Bitget. See the methodology page for the exact formula.
Related coins
Funding extremes, OI surges and liquidation cascades — pushed the moment the data moves.
Keep exploring
Every perpetual, sortable by funding, OI and risk.
Leaderboards for funding, OI momentum and risk.
Put two coins side by side across every metric.
Plain-English guides to every metric we track.
Quick definitions for derivatives terms.
Exactly how each number is computed.