Squeeze Insights Lab
All Pairs

BTW/USDT

Last updated: 9/14/2026, 5:28:09 AM

HIGH RISK

Multiple metrics in risk zone

Stress Score (Normalized)
0.6520–1
1.0
Low RiskExtreme

Pulse signals— velocity & rarity composite

What's moving fast right now. Independent from the static stress score.

View timeline →
Pulse score (0–1)
0.504
Higher = inputs are simultaneously rare for this token and changing fast.
OI Δ 24h
+3.0%
OI Δ 7d
+57.9%
OI acceleration
-28.9%
ΔFunding 24h
+0.001%
|Funding| %ile
59
Vol compression
48
Volume spike
10
Perp basis

Stress-score timeline

StressPulse
00.5106-1707-0507-2308-0908-2709-14
LISdrove the last 7d change(+0.17 score)
2026-06-172026-09-14 · daily snapshots since tracking begangaps = days without a valid score

Recent track record

9/40 correct

This pair's high-conviction direction calls over the last 30 days — recorded before the outcome, graded after. Small sample: a recent record, not a statistic.

1d · 4/163d · 4/147d · 1/10
2026-09-131d▼ DN+38.1%
2026-09-121d▼ DN+9.7%
2026-09-111d▼ DN+0.9%
2026-09-113d▼ DN+52.8%
2026-09-101d▼ DN+8.0%
2026-09-103d▼ DN+19.5%
2026-09-091d▼ DN+2.0%
2026-09-093d▼ DN+11.2%
2026-09-081d▼ DN+0.1%
2026-09-083d▼ DN+10.4%

Aggregated Open Interest (All Exchanges)

Total OI
$148.82M
Binance
$121.59M
81.7%
Bybit
$16.84M
11.3%
KuCoin
$10.39M
7.0%
Market Cap
$241.30M
Market Cap / Aggregated OI
$241.30M / $148.82M= 1.6214

Risk Signals (Extra)

OI / Volume (24h)
0.819
Level: medium
Exchange OI Dominance
binance
Share: 81.7%
Dominance risk

Liquidation history

Short-side 68% of 30d liqs
$1.4M$2.3M$008-0708-1508-2208-3009-0609-14
Long liqs (above) Short liqs (below)

Positioning summary

Binance's top traders by position size are 67.3% long and 32.7% short in BTWUSDT, a long/short ratio of 2.06. All accounts on the venue sit at 38.7% long, so the largest positions are leaning further long than the crowd. BTW has no Hyperliquid whale book, so these venue-wide ratios stand in for it; the interactive panel below reloads them on its own.

Interval:

Open Interest

Coinalyze
Latest
$121.64M
ΔOI
+$31.52M

Funding Rate

Coinalyze
Latest
0.0495%
Points
24
Per-exchange futures data
MetricBinanceBybitKuCoin
Price$0.75813$0.75785$0.75813
OI (USD)$121.59M$16.84M$10.39M
OI share81.7%11.3%7.0%
OI (tokens)160,378,81522,229,51013,707,710
Funding rate0.0502%

A dimmed exchange means the pair isn't listed there. Funding & long/short are Binance-only.

External Data (CoinMarketCap & Coinalyze)

Market Cap
$241.30M
24h Liquidations
$383.77K
Token Symbol
BTW
Sources
CMC, Coinalyze

BTW sits in the degen names cohort — the group our direction model routes it through. These perpetuals share that behaviour, so their leverage tends to build and unwind the way BTW's does:

Stress score (0–1) and 24h price change, from the same daily sync as this page.

BTW perpetuals — common questions

Answered from this pair's current readings, refreshed with the daily sync.

What are BTW's current liquidation levels?

Across the exchanges we aggregate, $383.8K of BTW positions were actually liquidated in the last 24 hours. Binance does not publish per-account liquidation prices, so the honest read for BTWUSDT is the realised liquidation flow above plus the long/short split in the liquidation-history chart on this page — not a map of where stops sit.

How much open interest does BTW have right now?

Aggregated open interest in BTW perpetuals is $148.82M: $121.59M on Binance (82%), $16.84M on Bybit (11%) and $10.39M on KuCoin (7%). That position base is +3.0% over 24 hours and +57.9% over the last week. Open interest is 0.82× the pair's 24-hour volume, so positions are turning over faster than the book itself.

What is BTW's funding rate?

Binance settles BTWUSDT funding at 0.0502% every 8 hours, which annualises to roughly 55.0%. Funding is positive, so longs are paying shorts to keep the trade on — the crowd is leaning long and carrying a cost to do it. At that rate a $10,000 position on the long side pays about $15.07 a day to stay open.

Is BTW over-leveraged right now?

BTW's leverage-stress score is 0.652 out of 1.0, which we band as high risk. It blends three readings: how big the perp book is next to the token itself ($241.30M of market cap against $148.82M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($383.8K in the last 24 hours). A high score means fragile, not bearish: it says a move would be violent, not which way it would go.

Has BTW seen heavy liquidations lately?

Over the last 30 complete days, 32% of the BTW notional that got liquidated was long positions and 68% was shorts, so the pain has been mostly on the short side. The mirrored bar chart on this page plots the daily long/short split for the past year.

Is BTW's positioning changing quickly?

BTW's pulse score is 0.373 out of 1.0 — a measure of how unusual its current open-interest, funding and volatility moves are against its own 90-day history, kept deliberately separate from the stress score. The readings behind it right now: open interest +3.0% in a day. At this level nothing unusual is happening yet.

BTW/USDT (BTWUSDT) perpetual futures shows a leverage-stress score of 0.652 out of 1.0 (high risk), $148.82M in aggregated open interest across Binance, Bybit, KuCoin, a funding rate of 0.0502% as of Sep 14, 2026. These are diagnostic readings of market conditions, not a trade signal.