Squeeze Insights Lab
All Pairs

ETHW/USDT

Last updated: 11/2/2026, 4:47:51 AM

LOW RISK

Market calm across metrics

Stress Score (Normalized)
0.0150–1
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)
0.245
Higher = inputs are simultaneously rare for this token and changing fast.
OI Δ 24h
-0.4%
OI Δ 7d
+39.7%
OI acceleration
-0.3%
ΔFunding 24h
+0.000%
|Funding| %ile
91
Vol compression
14
Volume spike
0
Perp basis
—

Stress-score timeline

StressPulse
00.5108-0308-2109-0709-2510-1310-31
2026-08-03 → 2026-10-31 · daily snapshots since tracking begangaps = days without a valid score

Aggregated Open Interest (All Exchanges)

Total OI
$1.18M
Binance
$1.18M
100.0%
Bybit
0
0.0%
KuCoin
0
0.0%
Market Cap
$28.98M
Market Cap / Aggregated OI
$28.98M / $1.18M= 24.5984

Risk Signals (Extra)

OI / Volume (24h)
1.932
Level: high
Exchange OI Dominance
binance
Share: 100.0%
Dominance risk

Liquidation history

Long-side 89% of 30d liqstoday: 16th percentile of 90d
$78.1K$28.3K$007-3108-1909-0609-2510-1411-01
Long liqs (above) Short liqs (below)

Positioning summary

Binance's top traders by position size are 57.1% long and 42.9% short in ETHWUSDT, a long/short ratio of 1.33. All accounts on the venue sit at 78.9% long, so the largest positions are leaning against the crowd. ETHW 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
$1.18M
ΔOI
-$11.15K

Funding Rate

Coinalyze
Latest
0.0050%
Points
24
Per-exchange futures data
▾
MetricBinanceBybitKuCoin
Price$0.2218——
OI (USD)$1.18M——
OI share100.0%——
OI (tokens)5,311,316——
Funding rate0.0050%——

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

External Data (CoinMarketCap & Coinalyze)

Market Cap
$28.98M
24h Liquidations
$153.90
Token Symbol
ETHW
Sources
CMC, Coinalyze

ETHW sits in the BTC-trackers cohort. These perpetuals trade alike, so their leverage tends to build and unwind the way ETHW's does:

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

ETHW perpetuals — common questions

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

What are ETHW's current liquidation levels?

Across the exchanges we aggregate, $154 of ETHW positions were actually liquidated in the last 24 hours. Binance does not publish per-account liquidation prices, so the honest read for ETHWUSDT 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 ETHW have right now?

Aggregated open interest in ETHW perpetuals is $1.18M: $1.18M on Binance (100%). That position base is -0.4% over 24 hours and +39.7% over the last week. Open interest is 1.93× the pair's 24-hour volume, so positions are being held rather than churned.

What is ETHW's funding rate?

Binance settles ETHWUSDT funding at 0.0050% every 8 hours, which annualises to roughly 5.5%. 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 $1.50 a day to stay open.

Is ETHW over-leveraged right now?

ETHW's leverage-stress score is 0.015 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 ($28.98M of market cap against $1.18M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($154 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 ETHW seen heavy liquidations lately?

Over the last 30 complete days, 89% of the ETHW notional that got liquidated was long positions and 11% was shorts, so the pain has been mostly on the long side. The most recent 24-hour total ranks in the 16th 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 ETHW's positioning changing quickly?

ETHW's pulse score is 0.042 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 -0.4% in a day. At this level nothing unusual is happening yet.

ETHW/USDT (ETHWUSDT) perpetual futures shows a leverage-stress score of 0.015 out of 1.0 (low risk), $1.18M in aggregated open interest across Binance, a funding rate of 0.0050% as of Nov 2, 2026. These are diagnostic readings of market conditions, not a trade signal.