Squeeze Insights Lab
All Pairs

ETHW/USDT

Last updated: 9/15/2026, 3:48:00 AM

Unknown

No data available

Stress Score (Normalized)
0–1
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)
0.356
Higher = inputs are simultaneously rare for this token and changing fast.
OI Δ 24h
-0.3%
OI Δ 7d
-25.2%
OI acceleration
+0.2%
ΔFunding 24h
+0.000%
|Funding| %ile
90
Vol compression
67
Volume spike
0
Perp basis

Stress-score timeline

StressPulse
00.5106-1807-0607-2408-1008-2809-15
2026-06-182026-09-15 · daily snapshots since tracking begangaps = days without a valid score

Recent track record

22/40 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 · 11/173d · 6/147d · 5/9
2026-09-141d▼ DN-2.5%
2026-09-131d▼ DN-2.8%
2026-09-121d▼ DN+4.4%
2026-09-123d▼ DN-1.1%
2026-09-111d▼ DN+3.1%
2026-09-113d▼ DN+4.6%
2026-09-101d▼ DN-5.9%
2026-09-103d▼ DN+1.3%
2026-09-091d▼ DN-2.1%
2026-09-093d▼ DN-5.0%

Aggregated Open Interest (All Exchanges)

Total OI
$924.00K
Binance
$924.00K
100.0%
Bybit
0
0.0%
KuCoin
0
0.0%
Market Cap
$24.80M
Market Cap / Aggregated OI
$24.80M / $924.00K= 26.8433

Risk Signals (Extra)

OI / Volume (24h)
2.046
Level: high
Exchange OI Dominance
binance
Share: 100.0%
Dominance risk

Liquidation history

Long-side 95% of 30d liqstoday: 1st percentile of 90d
$33.4K$9.3K$006-1006-2907-1808-0608-2509-13
Long liqs (above) Short liqs (below)

Positioning summary

Binance's top traders by position size are 50.3% long and 49.7% short in ETHWUSDT, a long/short ratio of 1.01. All accounts on the venue sit at 80.2% 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
$924.00K
ΔOI
-$21.99K

Funding Rate

Coinalyze
Latest
0.0050%
Points
24
Per-exchange futures data
MetricBinanceBybitKuCoin
Price$0.2538
OI (USD)$924.00K
OI share100.0%
OI (tokens)3,640,660
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
$24.80M
24h Liquidations
0
Token Symbol
ETHW
Sources
CMC, Coinalyze

ETHW sits in the BTC-trackers cohort — the group our direction model routes it through. These perpetuals share that behaviour, 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.

How much open interest does ETHW have right now?

Aggregated open interest in ETHW perpetuals is $924.0K: $924.0K on Binance (100%). That position base is -0.3% over 24 hours and -25.2% over the last week. Open interest is 2.05× 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.

Why doesn't ETHW have a leverage-stress score?

The stress score only publishes when all three of its inputs are present — market cap versus open interest, the open-interest swing against funding, and 24-hour liquidation volume — and 24-hour liquidation volume is missing for ETHWUSDT. We show no score rather than a score built on a zero. Everything else on this page ($924.0K of open interest, funding, price and positioning) is live and unaffected.

Has ETHW seen heavy liquidations lately?

Over the last 30 complete days, 95% of the ETHW notional that got liquidated was long positions and 5% was shorts, so the pain has been mostly on the long side. The most recent 24-hour total ranks in the 1st 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.

How does ETHW's open interest compare with its market cap?

ETHW carries $24.80M of market cap against $924.0K of perpetual open interest — 26.8 dollars of token value for every dollar of open position. The lower that ratio, the more of the asset is effectively being traded on leverage; below about 5 we treat a pair as crowded, and ETHW at 26.8 sits outside that zone.

Is ETHW's positioning changing quickly?

ETHW's pulse score is 0.156 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 -0.3% in a day and an unusually tight trading range. At this level nothing unusual is happening yet.

ETHW/USDT (ETHWUSDT) perpetual futures shows $924.00K in aggregated open interest across Binance, a funding rate of 0.0050% as of Sep 15, 2026. These are diagnostic readings of market conditions, not a trade signal.