Squeeze Insights Lab
All Pairs

PTB/USDT

Last updated: 9/15/2026, 4:55:39 AM

MEDIUM RISK

Moderate leverage or liquidation pressure

Stress Score (Normalized)
0.4610–1
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)
0.483
Higher = inputs are simultaneously rare for this token and changing fast.
OI Δ 24h
-0.1%
OI Δ 7d
-12.6%
OI acceleration
-7.0%
ΔFunding 24h
+0.000%
|Funding| %ile
51
Vol compression
95
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 began

Recent track record

29/40 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 · 11/183d · 12/167d · 6/6
2026-09-141d▼ DN+2.4%
2026-09-131d▼ DN-0.1%
2026-09-121d▼ DN-2.5%
2026-09-123d▼ DN-0.2%
2026-09-111d▼ DN+1.8%
2026-09-113d▼ DN-0.8%
2026-09-101d▼ DN+5.4%
2026-09-103d▼ DN+4.7%
2026-09-091d▼ DN-13.7%
2026-09-093d▼ DN-7.4%

Aggregated Open Interest (All Exchanges)

Total OI
$5.16M
Binance
$3.44M
66.7%
Bybit
$928.71K
18.0%
KuCoin
$789.64K
15.3%
Market Cap
$3.88M
Market Cap / Aggregated OI
$3.88M / $5.16M= 0.7519

Risk Signals (Extra)

OI / Volume (24h)
3.844
Level: high
Exchange OI Dominance
binance
Share: 66.7%
Dominance risk

Liquidation history

Long-side 88% of 30d liqstoday: 27th percentile of 90d
$274.6K$89.5K$006-1807-0607-2408-1008-2809-15
Long liqs (above) Short liqs (below)

Positioning summary

Binance's top traders by position size are 62.1% long and 37.9% short in PTBUSDT, a long/short ratio of 1.64. All accounts on the venue sit at 80.6% long, so the largest positions are leaning against the crowd. PTB 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
$3.44M
ΔOI
+$24.65K

Funding Rate

Coinalyze
Latest
0.0050%
Points
24
Per-exchange futures data
MetricBinanceBybitKuCoin
Price$0.000682$0.000682$0.000682
OI (USD)$3.44M$928.71K$789.64K
OI share66.7%18.0%15.3%
OI (tokens)5,039,430,5451,362,744,5401,157,831,100
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
$3.88M
24h Liquidations
$6.30K
Token Symbol
PTB
Sources
CMC, Coinalyze

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

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

PTB perpetuals — common questions

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

What are PTB's current liquidation levels?

Across the exchanges we aggregate, $6.3K of PTB positions were actually liquidated in the last 24 hours. Binance does not publish per-account liquidation prices, so the honest read for PTBUSDT 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 PTB have right now?

Aggregated open interest in PTB perpetuals is $5.16M: $3.44M on Binance (67%), $928.7K on Bybit (18%) and $789.6K on KuCoin (15%). That position base is -0.1% over 24 hours and -12.6% over the last week. Open interest is 3.84× the pair's 24-hour volume, so positions are being held rather than churned.

What is PTB's funding rate?

Binance settles PTBUSDT 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 PTB over-leveraged right now?

PTB's leverage-stress score is 0.461 out of 1.0, which we band as medium risk. It blends three readings: how big the perp book is next to the token itself ($3.88M of market cap against $5.16M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($6.3K 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 PTB seen heavy liquidations lately?

Over the last 30 complete days, 88% of the PTB notional that got liquidated was long positions and 12% was shorts, so the pain has been mostly on the long side. The most recent 24-hour total ranks in the 27th percentile of the last 90 days, meaning today is about normal for this pair. The mirrored bar chart on this page plots the daily long/short split for the past year.

Is PTB's positioning changing quickly?

PTB's pulse score is 0.370 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 and an unusually tight trading range. At this level nothing unusual is happening yet.

PTB/USDT (PTBUSDT) perpetual futures shows a leverage-stress score of 0.461 out of 1.0 (medium risk), $5.16M in aggregated open interest across Binance, Bybit, KuCoin, a funding rate of 0.0050% as of Sep 15, 2026. These are diagnostic readings of market conditions, not a trade signal.