Squeeze Insights Lab
All Pairs

PLAY/USDT

Last updated: 9/15/2026, 4:49:19 AM

LOW RISK

Market calm across metrics

Stress Score (Normalized)
0.0490–1
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)
0.316
Higher = inputs are simultaneously rare for this token and changing fast.
OI Δ 24h
+2.0%
OI Δ 7d
-8.6%
OI acceleration
+0.5%
ΔFunding 24h
+0.006%
|Funding| %ile
56
Vol compression
71
Volume spike
0
Perp basis

Stress-score timeline

StressPulse
00.5106-1807-0607-2408-1008-2809-15
DBSdrove the last 7d change(-0.09 score)
2026-06-182026-09-15 · daily snapshots since tracking began

Recent track record

24/40 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 · 12/213d · 11/187d · 1/1
2026-09-141d▼ DN+0.9%
2026-09-131d▼ DN+4.8%
2026-09-121d▼ DN-3.8%
2026-09-123d▼ DN+1.7%
2026-09-111d▼ DN-1.5%
2026-09-113d▼ DN-0.6%
2026-09-101d▼ DN-4.7%
2026-09-103d▼ DN-9.6%
2026-09-091d▼ DN-3.8%
2026-09-093d▼ DN-9.6%

Aggregated Open Interest (All Exchanges)

Total OI
$4.73M
Binance
$4.73M
100.0%
Bybit
0
0.0%
KuCoin
0
0.0%
Market Cap
$29.74M
Market Cap / Aggregated OI
$29.74M / $4.73M= 6.2947

Risk Signals (Extra)

OI / Volume (24h)
2.251
Level: high
Exchange OI Dominance
binance
Share: 100.0%
Dominance risk

Liquidation history

Long-side 69% of 30d liqstoday: 11th percentile of 90d
$291.3K$117.8K$006-1807-0607-2408-1008-2809-15
Long liqs (above) Short liqs (below)

Positioning summary

Binance's top traders by position size are 60.9% long and 39.1% short in PLAYUSDT, a long/short ratio of 1.56. All accounts on the venue sit at 67.0% long, so the largest positions are leaning against the crowd. PLAY 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
$4.72M
ΔOI
+$42.26K

Funding Rate

Coinalyze
Latest
0.0156%
Points
24
Per-exchange futures data
MetricBinanceBybitKuCoin
Price$0.03246
OI (USD)$4.73M
OI share100.0%
OI (tokens)145,568,269
Funding rate0.0212%

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

External Data (CoinMarketCap & Coinalyze)

Market Cap
$29.74M
24h Liquidations
$345.33
Token Symbol
PLAY
Sources
CMC, Coinalyze

PLAY sits in the degen names cohort — the group our direction model routes it through. These perpetuals share that behaviour, so their leverage tends to build and unwind the way PLAY's does:

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

PLAY perpetuals — common questions

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

What are PLAY's current liquidation levels?

Across the exchanges we aggregate, $345 of PLAY positions were actually liquidated in the last 24 hours. Binance does not publish per-account liquidation prices, so the honest read for PLAYUSDT 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 PLAY have right now?

Aggregated open interest in PLAY perpetuals is $4.73M: $4.73M on Binance (100%). That position base is +2.0% over 24 hours and -8.6% over the last week. Open interest is 2.25× the pair's 24-hour volume, so positions are being held rather than churned.

What is PLAY's funding rate?

Binance settles PLAYUSDT funding at 0.0212% every 8 hours, which annualises to roughly 23.2%. 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 $6.36 a day to stay open.

Is PLAY over-leveraged right now?

PLAY's leverage-stress score is 0.049 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 ($29.74M of market cap against $4.73M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($345 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 PLAY seen heavy liquidations lately?

Over the last 30 complete days, 69% of the PLAY notional that got liquidated was long positions and 31% was shorts, so the pain has been mostly on the long side. The most recent 24-hour total ranks in the 11th 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 PLAY's positioning changing quickly?

PLAY's pulse score is 0.193 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 +2.0% in a day and an unusually tight trading range. At this level nothing unusual is happening yet.

PLAY/USDT (PLAYUSDT) perpetual futures shows a leverage-stress score of 0.049 out of 1.0 (low risk), $4.73M in aggregated open interest across Binance, a funding rate of 0.0212% as of Sep 15, 2026. These are diagnostic readings of market conditions, not a trade signal.