Mahex
VI|EN
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Open Interest & Funding

Perpetuals across 21 crypto exchanges — CME excluded

Total OI
$90,9B
24h (USD)
24h position change
price held constant — measures positions opened/closed only
Coins tracked
1.786
OI z-score
0,02
needs a few hours of history on a fresh box

Market state by coin

State machine from price × OI (1h window): OI up while price up = longs piling in; OI up while price down = shorts piling in…

BTCNO SIGNAL

Not enough signal — price and OI both flat

confidence: none (0%)zΔgiá -0,06zΔOI -0,14
ETHSHORT COVERING

Shorts closing — weak bounce

confidence: weak (6%)zΔgiá 0,19zΔOI -0,11
SOLNO SIGNAL

Not enough signal — price and OI both flat

confidence: none (0%)zΔgiá -0,07zΔOI -0,14

Per-coin detail — BTC

Charts and the exchange table below follow the selected coin

BTC OI — 24h
$38,2B$38,4B$38,7B$38,9B08:1005:50
BTC funding APR — 7 days
-0,3%+2,0%+4,3%+6,7%6/8 15:009/8 04:00
BTC OI by exchange
ExchangeOI (USD)SharePos 1hPos 24hUSD 24h
binance$8,1B21,3% -0,10%
mexc$5,6B14,6% -0,33%
gate$4,4B11,4% -0,28%
bybit$3,9B10,2% +0,16%
okx$2,5B6,5% -0,08%
bitget$2,4B6,4% -0,01%
hyperliquid$2,2B5,9% +0,02%
htx$2,1B5,5% +0,01%
whitebit$1,7B4,4% -0,12%
kucoin$1,4B3,7% +0,07%
binance_cm$1,1B2,8% +0,02%
deribit$739,3M1,9% -0,03%

Fastest OI growth — 1h

Real positions (price held constant), OI ≥ $5M filter · 535 coins qualify

CoinOIPriceExchangesPos 1h
MUSTOCK$7,3M$883,371 +4,89%
PARTI$10,5M$0,0311 +3,92%
TRUMPOFFICIAL$5,2M$1,481 +3,82%
YGG$7,5M$0,0212 +3,73%
AVAAI$5,7M$0,017 +2,78%
MUBARAK$12,6M$0,029 +2,31%
SPCXSTOCK$34,6M$137,271 +2,24%
AEON$5,8M$0,065 +2,17%

Fastest OI decline — 1h

Mass position closing is as notable as opening

CoinOIPriceExchangesPos 1h
SAGA$12,8M$0,0211 -6,90%
PUMPFUN$46,0M$02 -5,33%
GWEI$15,5M$0,038 -1,99%
XAI$7,4M$0,019 -1,91%
FLOKI$23,0M$012 -1,86%
IOTX$8,1M$09 -1,70%
COOKIE$8,7M$0,019 -1,59%
1000CAT$6,3M$05 -1,57%

Highest funding — longs paying

OI-weighted APR. Tiny coins showing 1000s of % come from 1h cycles annualized — check the OI column first

CoinAgg APROIHighest onLowest on
TUT+541,0%$244,0Mkucoin +1.238,7%bingx +8,8%
龙虾+304,1%$37,3Mbitget +381,1%htx +5,5%
BLUAI+205,8%$31,6Mbybit +286,5%gate +88,9%
4+168,3%$12,1Mbybit +331,2%bitget +11,0%
BTW+149,7%$100,2Master +187,0%htx +5,5%
AGT+129,7%$9,2Mkucoin +208,9%aster +77,6%
CASHCAT+129,6%$23,0Mbybit +513,9%cryptocom -774,8%
PTB+121,0%$10,4Mbybit +295,5%mexc +38,8%

Deepest negative funding — shorts paying

The crowd is short this coin

CoinAgg APROIHighest onLowest on
KAITO-2.408,3%$108,6Mcoinbase -95,5%bybit -3.450,7%
COTI-1.125,4%$22,1Mcryptocom -738,4%gate -1.443,7%
CYS-999,5%$53,0Master -380,4%bitget -1.159,0%
ZBT-748,6%$34,9Mwhitebit -282,0%bybit -1.103,9%
RIF-597,5%$8,9Mkucoin -549,0%aster -837,6%
DEXE-281,0%$28,0Mwhitebit +11,0%bybit -429,4%
BSV-221,2%$8,9Mbitget +11,0%bybit -620,8%
ESP-137,7%$12,5Mokx -61,1%whitebit -291,5%

Funding spread across exchanges

Raw screening table: fees and basis risk not included — not a recommendation

CoinOIAgg APRLong on (low APR)Short on (high APR)APR spread
CVX$7,5M+26,7%coinex -31,9% · 8hkraken +4.413,1% · 1h+4.445,0%
DEEP$10,0M+19,2%binance +2,8% · 4hkraken +4.365,1% · 1h+4.362,3%
XPD$13,7M+3,1%bitget 0,0% · 4hbitfinex +3.847,7% · 8h+3.847,7%
KAITO$108,6M-2.408,3%bybit -3.450,7% · 4hcoinbase -95,5% · 1h+3.355,2%
GBP$9,0M+3,6%mexc +3,3% · 4hbitfinex +2.694,7% · 8h+2.691,4%
AR$14,5M+11,4%bybit +0,6% · 8hcoinbase +1.906,2% · 1h+1.905,6%
CTSI$5,7M-74,2%cryptocom -1.395,0% · 1hkraken +81,6% · 1h+1.476,6%
TRIA$18,8M+29,8%coinbase -1.300,9% · 1hkucoin +124,8% · 4h+1.425,7%
MET$12,0M+10,0%coinbase -1.366,6% · 1hbybit +11,0% · 4h+1.377,5%
ERA$12,4M-63,7%coinbase -1.285,1% · 1hbybit +10,8% · 4h+1.295,9%