HOT/USDT
Last updated: 11/2/2026, 4:20:10 AM
Multiple metrics in risk zone
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 49.6% long and 50.4% short in HOTUSDT, a long/short ratio of 0.98. All accounts on the venue sit at 65.7% long, so the largest positions are leaning against the crowd. HOT 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 | $0.000388 | — | $0.000388 |
| OI (USD) | $2.25M | — | $131.57K |
| OI share | 94.5% | — | 5.5% |
| OI (tokens) | 5,800,380,050 | — | 339,524,000 |
| Funding rate | -1.1145% | — | — |
A dimmed exchange means the pair isn't listed there. Funding & long/short are Binance-only.
External Data (CoinMarketCap & Coinalyze)
Other BTC-trackers
HOT sits in the BTC-trackers cohort. These perpetuals trade alike, so their leverage tends to build and unwind the way HOT's does:
- FLOCK0.50+5.3%
- POWR0.50-15.1%
- ALL0.51-1.1%
- ALPINE0.54+0.2%
- LSK0.54-19.6%
- SXT0.18-1.2%
- ONDO0.03-3.3%
- HYPE0.02-0.1%
Stress score (0–1) and 24h price change, from the same daily sync as this page.
HOT perpetuals — common questions
Answered from this pair's current readings, refreshed with the daily sync.
What are HOT's current liquidation levels?
Across the exchanges we aggregate, $146.5K of HOT positions were actually liquidated in the last 24 hours. Binance does not publish per-account liquidation prices, so the honest read for HOTUSDT 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 HOT have right now?
Aggregated open interest in HOT perpetuals is $2.38M: $2.25M on Binance (94%) and $131.6K on KuCoin (6%). That position base is +9.6% over 24 hours and +126.9% over the last week. Open interest is 0.08× the pair's 24-hour volume, so positions are turning over faster than the book itself.
What is HOT's funding rate?
Binance settles HOTUSDT funding at -1.1145% every 8 hours, which annualises to roughly -1220.3%. Funding is negative, so shorts are paying longs — the crowd is leaning short and paying to stay there. At that rate a $10,000 position on the short side pays about $334.34 a day to stay open.
Is HOT over-leveraged right now?
HOT's leverage-stress score is 0.500 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 ($69.67M of market cap against $2.38M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($146.5K 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 HOT seen heavy liquidations lately?
Over the last 30 complete days, 81% of the HOT notional that got liquidated was long positions and 19% was shorts, so the pain has been mostly on the long side. The most recent 24-hour total ranks in the 100th percentile of the last 90 days, meaning today is unusually heavy for this pair. The mirrored bar chart on this page plots the daily long/short split for the past year.
Is HOT's positioning changing quickly?
HOT's pulse score is 0.595 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 +9.6% in a day and volume well above its own 30-day median. At this level the pair is moving noticeably faster than its own normal.
HOT/USDT (HOTUSDT) perpetual futures shows a leverage-stress score of 0.500 out of 1.0 (high risk), $2.38M in aggregated open interest across Binance, KuCoin, a funding rate of -1.1145% as of Nov 2, 2026. These are diagnostic readings of market conditions, not a trade signal.