Market Pulse
Derivatives & leverage
Funding, open interest and trader positioning.
Updated 5 minutes ago
Section risk
Moderate
All readings
| Indicator | Value | 7d | Risk |
|---|---|---|---|
| BTC funding rate | 0.59 bp | −0.41 bp | Low |
| BTC long/short account ratio | 2.81 | +0.51 | Very high |
| ETH funding rate | -0.83 bp | −0.97 bp | Moderate |
| BTC open interest | $7.15B | −4.17% | Low |
| ETH open interest | $4.85B | −9.69% | Moderate |
| BTC top-trader position ratio | 2.00 | +0.33 | Elevated |
How to read it
Leverage amplifies moves. When funding is high, open interest is rising fast and most accounts lean one way, the market is crowded and vulnerable to a squeeze in the other direction.