Mahex
VI|EN
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Open Interest & Funding

Perpetuals across 21 crypto exchanges — CME excluded

Total OI
$91,0B
24h (USD)
24h position change
price held constant — measures positions opened/closed only
Coins tracked
1.789
OI z-score
-0,18
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 -0,04zΔOI -0,13
ETHNO SIGNAL

Not enough signal — price and OI both flat

confidence: none (0%)zΔgiá -0,07zΔOI -0,11
SOLLONG LIQUIDATION

Longs exiting or being liquidated

confidence: weak (8%)zΔgiá -0,42zΔOI -0,16

Per-coin detail — ETH

Charts and the exchange table below follow the selected coin

ETH OI — 24h
$21,2B$21,4B$21,7B$22,0B08:1007:05
ETH funding APR — 7 days
+0,4%+2,7%+5,0%+7,3%6/8 15:009/8 06:00
ETH OI by exchange
ExchangeOI (USD)SharePos 1hPos 24hUSD 24h
binance$6,3B29,7% +0,05%
gate$2,6B12,1% -0,31%
mexc$1,9B9,1% -0,10%
bybit$1,6B7,5% -0,07%
hyperliquid$1,6B7,5% +0,18%
bitget$1,6B7,3% +0,23%
okx$1,5B6,9% -0,91%
htx$1,2B5,8% -0,15%
whitebit$872,7M4,1% -0,19%
kucoin$650,9M3,1% -0,15%
cryptocom$341,1M1,6% +0,01%
deribit$297,9M1,4% -0,25%

Fastest OI growth — 1h

Real positions (price held constant), OI ≥ $5M filter · 537 coins qualify

CoinOIPriceExchangesPos 1h
BMT$5,0M$0,027 +34,65%
MUBARAK$14,3M$0,029 +7,18%
MUSTOCK$7,7M$883,881 +6,56%
KERNEL$6,3M$0,049 +3,48%
THE$6,4M$0,068 +2,89%
COHR$5,2M$386,559 +2,26%
HUMA$24,3M$0,0211 +2,13%
SPX$21,7M$0,3216 +2,12%

Fastest OI decline — 1h

Mass position closing is as notable as opening

CoinOIPriceExchangesPos 1h
PUMPFUN$43,4M$02 -10,17%
GOOGLX$10,3M$357,723 -6,50%
SKYAI$58,9M$0,128 -5,99%
TUT$314,3M$0,248 -5,16%
COOKIE$7,9M$0,019 -4,09%
BLUAI$30,1M$0,027 -3,94%
BICO$117,0M$0,0710 -2,34%
GOOGLSTOCK$5,1M$357,811 -2,07%

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+696,2%$314,3Mgate +1.397,7%bingx +11,6%
龙虾+322,0%$36,7Mgate +398,4%htx +5,5%
CASHCAT+212,3%$22,9Mbingx +257,8%cryptocom -774,8%
4+159,9%$12,1Mbingx +230,0%bitget +11,0%
BLUAI+156,8%$30,1Mbingx +163,8%aster +53,7%
GUA+155,7%$9,4Mkucoin +188,6%gate +11,0%
BTW+143,0%$90,7Master +225,6%htx +5,5%
ZEST+129,5%$16,0Mbinance +179,6%kucoin +11,0%

Deepest negative funding — shorts paying

The crowd is short this coin

CoinAgg APROIHighest onLowest on
KAITO-1.934,5%$109,0Mcoinbase -95,5%cryptocom -3.217,3%
COTI-863,5%$21,8Mcryptocom -738,4%kraken -1.179,3%
ZBT-628,8%$34,6Mwhitebit -205,2%kraken -888,8%
RIF-484,5%$8,7Mbingx -367,3%aster -593,8%
CYS-436,4%$52,4Mbybit -268,5%bingx -505,9%
DEXE-390,5%$27,5Mwhitebit +11,0%bybit -554,0%
BSV-222,6%$8,9Mbitget +11,0%bybit -637,0%
KMNO-140,5%$7,4Mcoinbase +405,6%coinex -251,4%

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
XPD$13,7M+3,1%bitget 0,0% · 4hbitfinex +4.527,9% · 8h+4.527,9%
GBP$9,0M-5,7%mexc -6,1% · 4hbitfinex +3.313,8% · 8h+3.319,9%
KAITO$109,0M-1.934,5%cryptocom -3.217,3% · 1hcoinbase -95,5% · 1h+3.121,8%
AR$14,5M+11,1%bybit -1,1% · 8hcoinbase +1.906,2% · 1h+1.907,3%
CTSI$5,7M-59,7%cryptocom -1.395,0% · 1hkraken +118,1% · 1h+1.513,1%
TRIA$18,8M+29,7%coinbase -1.300,9% · 1hkucoin +104,2% · 4h+1.405,1%
TUT$314,3M+696,2%bingx +11,6% · 4hgate +1.397,7% · 4h+1.386,1%
MET$12,0M+1,0%coinbase -1.366,6% · 1hbinance +11,0% · 4h+1.377,5%
ERA$12,5M-70,1%coinbase -1.285,1% · 1haster -14,7% · 1h+1.270,4%
UKOIL$24,0M-0,0%bitfinex -1.170,5% · 8hmexc 0,0% · 4h+1.170,5%