Squeeze Insights Lab
All Pairs

SKY/USDT

Last updated: 10/31/2026, 5:54:00 AM

LOW RISK

Market calm across metrics

Stress Score (Normalized)
0.0320–1
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)
0.414
Higher = inputs are simultaneously rare for this token and changing fast.
OI Δ 24h
-1.3%
OI Δ 7d
-6.2%
OI acceleration
+1.1%
ΔFunding 24h
+0.000%
|Funding| %ile
99
Vol compression
86
Volume spike
0
Perp basis
-0.044%

Stress-score timeline

StressPulse
00.5108-0508-2309-0909-2710-1511-02
2026-08-05 → 2026-11-02 · daily snapshots since tracking begangaps = days without a valid score

Aggregated Open Interest (All Exchanges)

Total OI
$22.92M
Binance
$16.19M
70.7%
Bybit
$6.41M
28.0%
KuCoin
$317.73K
1.4%
Market Cap
$1.90B
Market Cap / Aggregated OI
$1.90B / $22.92M= 83.1014

Risk Signals (Extra)

OI / Volume (24h)
2.147
Level: high
Exchange OI Dominance
binance
Share: 70.7%
Dominance risk

Liquidation history

Long-side 83% of 30d liqstoday: 76th percentile of 90d
$517.7K$367.5K$008-0108-2009-0809-2510-1310-31
Long liqs (above) Short liqs (below)

Positioning summary

Binance's top traders by position size are 59.6% long and 40.4% short in SKYUSDT, a long/short ratio of 1.47. All accounts on the venue sit at 44.4% long, so the largest positions are leaning further long than the crowd. SKY 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
$16.20M
ΔOI
+$25.98K

Funding Rate

Coinalyze
Latest
0.0050%
Points
24
Per-exchange futures data
▾
MetricBinanceBybitKuCoin
Price$0.06757$0.0675$0.06757
OI (USD)$16.19M$6.41M$317.73K
OI share70.7%28.0%1.4%
OI (tokens)239,665,61394,773,1004,702,280
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
$1.90B
24h Liquidations
$28.49K
Token Symbol
SKY
Sources
CMC, Coinalyze

SKY sits in the BTC-trackers cohort. These perpetuals trade alike, so their leverage tends to build and unwind the way SKY's does:

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

SKY perpetuals — common questions

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

What are SKY's current liquidation levels?

Across the exchanges we aggregate, $28.5K of SKY positions were actually liquidated in the last 24 hours. Binance does not publish per-account liquidation prices, so the honest read for SKYUSDT 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 SKY have right now?

Aggregated open interest in SKY perpetuals is $22.92M: $16.19M on Binance (71%), $6.41M on Bybit (28%) and $317.7K on KuCoin (1%). That position base is -1.3% over 24 hours and -6.2% over the last week. Open interest is 2.15× the pair's 24-hour volume, so positions are being held rather than churned.

What is SKY's funding rate?

Binance settles SKYUSDT 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 SKY over-leveraged right now?

SKY's leverage-stress score is 0.032 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 ($1.90B of market cap against $22.92M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($28.5K 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 SKY seen heavy liquidations lately?

Over the last 30 complete days, 83% of the SKY notional that got liquidated was long positions and 17% was shorts, so the pain has been mostly on the long side. The most recent 24-hour total ranks in the 76th percentile of the last 90 days, meaning today is on the busy side for this pair. The mirrored bar chart on this page plots the daily long/short split for the past year.

Is SKY's positioning changing quickly?

SKY's pulse score is 0.219 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 -1.3% in a day and an unusually tight trading range. At this level nothing unusual is happening yet.

SKY/USDT (SKYUSDT) perpetual futures shows a leverage-stress score of 0.032 out of 1.0 (low risk), $22.92M in aggregated open interest across Binance, Bybit, KuCoin, a funding rate of 0.0050% as of Oct 31, 2026. These are diagnostic readings of market conditions, not a trade signal.