Squeeze Insights Lab
All Pairs

NEAR/USDT

Last updated: 9/15/2026, 3:13:50 AM

LOW RISK

Market calm across metrics

Stress Score (Normalized)
0.1210–1
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)
0.467
Higher = inputs are simultaneously rare for this token and changing fast.
OI Δ 24h
-3.8%
OI Δ 7d
-2.6%
OI acceleration
-13.5%
ΔFunding 24h
+0.000%
|Funding| %ile
93
Vol compression
5
Volume spike
0
Perp basis
-0.165%

Stress-score timeline

StressPulse
00.5106-1807-0607-2408-1008-2809-15
DBSdrove the last 7d change(-0.11 score)
2026-06-182026-09-15 · daily snapshots since tracking began

Recent track record

12/40 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 · 8/173d · 3/147d · 1/9
2026-09-141d▼ DN+1.6%
2026-09-131d▼ DN+1.2%
2026-09-121d▼ DN-0.5%
2026-09-123d▼ DN+2.3%
2026-09-111d▼ DN-1.5%
2026-09-113d▼ DN-0.7%
2026-09-101d▼ DN-4.5%
2026-09-103d▼ DN-6.3%
2026-09-091d▼ DN+10.3%
2026-09-093d▼ DN+3.8%

Aggregated Open Interest (All Exchanges)

Total OI
$231.98M
Binance
$96.35M
41.5%
Bybit
$108.91M
46.9%
KuCoin
$26.72M
11.5%
Market Cap
$3.17B
Market Cap / Aggregated OI
$3.17B / $231.98M= 13.6709

Risk Signals (Extra)

OI / Volume (24h)
0.964
Level: medium
Exchange OI Dominance
bybit
Share: 46.9%
No dominance risk

Liquidation history

Long-side 63% of 30d liqstoday: 88th percentile of 90d
$1.6M$940.5K$006-1807-0607-2408-1008-2809-15
Long liqs (above) Short liqs (below)

Positioning summary

Of the ~500 Hyperliquid accounts we track, 22 hold NEAR: $19.84M long across 8 positions and $32.08M short across 14 positions — net $12.25M short. The nearest tracked liquidation sits 47.9% below the $2.333 Hyperliquid mark and would force-close $2.39M of long exposure. That is the 2026-09-15 20:59 UTC whale sweep; the interactive panel below reloads it on its own.

Interval:

Open Interest

Coinalyze
Latest
$96.54M
ΔOI
-$823.09K

Funding Rate

Coinalyze
Latest
0.0100%
Points
24
Per-exchange futures data
MetricBinanceBybitKuCoin
Price$2.419$2.421$2.419
OI (USD)$96.35M$108.91M$26.72M
OI share41.5%46.9%11.5%
OI (tokens)39,831,48744,987,27911,044,959
Funding rate0.0100%

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

External Data (CoinMarketCap & Coinalyze)

Market Cap
$3.17B
24h Liquidations
$1.04M
Token Symbol
NEAR
Sources
CMC, Coinalyze

NEAR 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 NEAR's does:

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

NEAR perpetuals — common questions

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

What are NEAR's current liquidation levels?

On Hyperliquid, where NEAR whale positions are visible address by address, the nearest tracked liquidation sits 47.9% below the $2.333 Hyperliquid mark and would force-close $2.39M of long exposure. Across the exchanges we aggregate, $1.04M of NEAR positions were actually liquidated in the last 24 hours.

How much open interest does NEAR have right now?

Aggregated open interest in NEAR perpetuals is $231.98M: $96.35M on Binance (42%), $108.91M on Bybit (47%) and $26.72M on KuCoin (12%). That position base is -3.8% over 24 hours and -2.6% over the last week. Open interest is 0.96× the pair's 24-hour volume, so positions are turning over faster than the book itself.

What is NEAR's funding rate?

Binance settles NEARUSDT 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.

Are whales long or short NEAR?

Among the ~500 largest Hyperliquid accounts we track, 22 hold positions of $100k or more in NEAR: $19.84M long across 8 and $32.08M short across 14 — a net $12.25M short. At the start of the tracked week that net figure was $15.61M short. These are real on-chain positions read off Hyperliquid, not a model output — roughly a third of Binance USDT-perps have a Hyperliquid market, and NEAR is one of them.

Is NEAR over-leveraged right now?

NEAR's leverage-stress score is 0.121 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 ($3.17B of market cap against $231.98M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($1.04M 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 NEAR seen heavy liquidations lately?

Over the last 30 complete days, 63% of the NEAR notional that got liquidated was long positions and 37% was shorts, so the pain has been mostly on the long side. The most recent 24-hour total ranks in the 88th 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.

NEAR/USDT (NEARUSDT) perpetual futures shows a leverage-stress score of 0.121 out of 1.0 (low risk), $231.98M in aggregated open interest across Binance, Bybit, KuCoin, a funding rate of 0.0100% as of Sep 15, 2026. These are diagnostic readings of market conditions, not a trade signal.