MEW/USDT
Last updated: 11/1/2026, 4:58:26 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 55.0% long and 45.0% short in MEWUSDT, a long/short ratio of 1.22. All accounts on the venue sit at 61.4% long, so the largest positions are leaning against the crowd. MEW 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 | $0.000418 | $0.000418 | $0.000418 |
| OI (USD) | $1.43M | $1.16M | $785.49K |
| OI share | 42.4% | 34.4% | 23.3% |
| OI (tokens) | 3,418,974,500 | 2,775,985,200 | 1,877,374,100 |
| Funding rate | 0.0050% | — | — |
A dimmed exchange means the pair isn't listed there. Funding & long/short are Binance-only.
External Data (CoinMarketCap & Coinalyze)
Other BTC-trackers
MEW sits in the BTC-trackers cohort. These perpetuals trade alike, so their leverage tends to build and unwind the way MEW's does:
- GMT0.02-1.3%
- PENGU0.02-0.1%
- AERO0.02-2.4%
- AVNT0.02-2.9%
- PNUT0.02-1.1%
- XTZ0.02-1.3%
- MINA0.06-1.2%
- SNX0.07-1.9%
Stress score (0–1) and 24h price change, from the same daily sync as this page.
MEW perpetuals — common questions
Answered from this pair's current readings, refreshed with the daily sync.
What are MEW's current liquidation levels?
Across the exchanges we aggregate, $41 of MEW positions were actually liquidated in the last 24 hours. Binance does not publish per-account liquidation prices, so the honest read for MEWUSDT 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 MEW have right now?
Aggregated open interest in MEW perpetuals is $3.38M: $1.43M on Binance (42%), $1.16M on Bybit (34%) and $785.5K on KuCoin (23%). That position base is -0.1% over 24 hours and -23.5% over the last week. Open interest is 2.57× the pair's 24-hour volume, so positions are being held rather than churned.
What is MEW's funding rate?
Binance settles MEWUSDT 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 MEW over-leveraged right now?
MEW's leverage-stress score is 0.022 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 ($43.74M of market cap against $3.38M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($41 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 MEW seen heavy liquidations lately?
Over the last 30 complete days, 73% of the MEW notional that got liquidated was long positions and 27% was shorts, so the pain has been mostly on the long side. The most recent 24-hour total ranks in the 7th 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 MEW's positioning changing quickly?
MEW's pulse score is 0.079 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 -0.1% in a day. At this level nothing unusual is happening yet.
MEW/USDT (MEWUSDT) perpetual futures shows a leverage-stress score of 0.022 out of 1.0 (low risk), $3.38M in aggregated open interest across Binance, Bybit, KuCoin, a funding rate of 0.0050% as of Nov 1, 2026. These are diagnostic readings of market conditions, not a trade signal.