BTW/USDT
Last updated: 11/2/2026, 6:26:48 AM
Market calm across metrics
Pulse signals— velocity & rarity composite
What's moving fast right now. Independent from the static stress score.
Stress-score timeline
Aggregated Open Interest (All Exchanges)
Risk Signals (Extra)
Liquidation history
Positioning summary
Binance's top traders by position size are 47.4% long and 52.6% short in BTWUSDT, a long/short ratio of 0.90. All accounts on the venue sit at 43.8% 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.
Open Interest
CoinalyzeFunding Rate
CoinalyzePer-exchange futures data▾
| Metric | Binance | Bybit | KuCoin |
|---|---|---|---|
| Price | $1.0071 | $1.00742 | $1.0071 |
| OI (USD) | $16.21M | $6.12M | $2.89M |
| OI share | 64.3% | 24.3% | 11.5% |
| OI (tokens) | 16,099,063 | 6,071,760 | 2,871,560 |
| Funding rate | 0.0021% | — | — |
A dimmed exchange means the pair isn't listed there. Funding & long/short are Binance-only.
External Data (CoinMarketCap & Coinalyze)
Other degen names
BTW sits in the degen names cohort. These perpetuals trade alike, so their leverage tends to build and unwind the way BTW's does:
- SPACE0.10-3.7%
- MAGMA0.10+1.2%
- SIREN0.09+8.1%
- MOVR0.09+3.3%
- NAORIS0.11-0.3%
- BSB0.15-1.2%
- RAVE0.02-0.4%
- BULLA0.62-0.9%
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, $74.4K 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 $25.22M: $16.21M on Binance (64%), $6.12M on Bybit (24%) and $2.89M on KuCoin (11%). That position base is -1.6% over 24 hours and -27.0% 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 0.0021% every 8 hours, which annualises to roughly 2.3%. 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 $0.62 a day to stay open.
Is BTW over-leveraged right now?
BTW's leverage-stress score is 0.097 out of 1.0, which we band as low risk. It blends three readings: how big the perp book is next to the token itself ($2.08B of market cap against $25.22M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($74.4K 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, 31% of the BTW notional that got liquidated was long positions and 69% 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 0.169 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 -1.6% in a day and an unusually tight trading range. At this level nothing unusual is happening yet.
BTW/USDT (BTWUSDT) perpetual futures shows a leverage-stress score of 0.097 out of 1.0 (low risk), $25.22M in aggregated open interest across Binance, Bybit, KuCoin, a funding rate of 0.0021% as of Nov 2, 2026. These are diagnostic readings of market conditions, not a trade signal.