C98/USDT
Last updated: 11/2/2026, 4:22:10 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 75.7% long and 24.3% short in C98USDT, a long/short ratio of 3.12. All accounts on the venue sit at 67.7% long, so the largest positions are leaning further long than the crowd. C98 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 | $0.01294 | $0.01295 | $0.01294 |
| OI (USD) | $1.15M | $1.05M | $189.66K |
| OI share | 48.2% | 43.9% | 7.9% |
| OI (tokens) | 88,960,258 | 81,021,875 | 14,656,695 |
| Funding rate | 0.0100% | — | — |
A dimmed exchange means the pair isn't listed there. Funding & long/short are Binance-only.
External Data (CoinMarketCap & Coinalyze)
Other erratic movers
C98 sits in the erratic movers cohort. These perpetuals trade alike, so their leverage tends to build and unwind the way C98's does:
- FLOW0.02-1.6%
- ALLO0.02-1.1%
- H0.03-3.5%
- TNSR0.02-1.4%
- SYN0.02-0.1%
- CAP0.04+0.2%
- IRYS0.34-11.2%
- RIVER0.41-2.3%
Stress score (0–1) and 24h price change, from the same daily sync as this page.
C98 perpetuals — common questions
Answered from this pair's current readings, refreshed with the daily sync.
What are C98's current liquidation levels?
Across the exchanges we aggregate, $2.3K of C98 positions were actually liquidated in the last 24 hours. Binance does not publish per-account liquidation prices, so the honest read for C98USDT 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 C98 have right now?
Aggregated open interest in C98 perpetuals is $2.39M: $1.15M on Binance (48%), $1.05M on Bybit (44%) and $189.7K on KuCoin (8%). That position base is +0.5% over 24 hours and -12.7% over the last week. Open interest is 3.28× the pair's 24-hour volume, so positions are being held rather than churned.
What is C98's funding rate?
Binance settles C98USDT funding at 0.0100% every 8 hours, which annualises to roughly 11.0%. 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 $3.00 a day to stay open.
Is C98 over-leveraged right now?
C98's leverage-stress score is 0.025 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 ($12.93M of market cap against $2.39M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($2.3K 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 C98 seen heavy liquidations lately?
Over the last 30 complete days, 90% of the C98 notional that got liquidated was long positions and 10% was shorts, so the pain has been mostly on the long side. The most recent 24-hour total ranks in the 23rd percentile of the last 90 days, meaning today is unusually quiet for this pair. The mirrored bar chart on this page plots the daily long/short split for the past year.
Is C98's positioning changing quickly?
C98's pulse score is 0.245 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 +0.5% in a day and an unusually tight trading range. At this level nothing unusual is happening yet.
C98/USDT (C98USDT) perpetual futures shows a leverage-stress score of 0.025 out of 1.0 (low risk), $2.39M in aggregated open interest across Binance, Bybit, KuCoin, a funding rate of 0.0100% as of Nov 2, 2026. These are diagnostic readings of market conditions, not a trade signal.