Squeeze Insights Lab
All Pairs

SKY/USDT

Last updated: 9/15/2026, 4:56:31 AM

LOW RISK

Market calm across metrics

Stress Score (Normalized)
0.0030–1
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)
0.422
Higher = inputs are simultaneously rare for this token and changing fast.
OI Δ 24h
+1.5%
OI Δ 7d
+2.4%
OI acceleration
+2.1%
ΔFunding 24h
+0.000%
|Funding| %ile
100
Vol compression
67
Volume spike
0
Perp basis
-0.157%

Stress-score timeline

StressPulse
00.5106-1807-0607-2408-1008-2809-15
2026-06-182026-09-15 · daily snapshots since tracking begangaps = days without a valid score

Recent track record

23/40 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 · 10/173d · 7/147d · 6/9
2026-09-141d▼ DN+1.5%
2026-09-131d▼ DN-0.1%
2026-09-121d▼ DN-0.4%
2026-09-123d▼ DN+1.0%
2026-09-111d▼ DN+5.7%
2026-09-113d▼ DN+5.2%
2026-09-101d▼ DN-1.5%
2026-09-103d▼ DN+3.8%
2026-09-091d▼ DN-10.6%
2026-09-093d▼ DN-6.8%

Aggregated Open Interest (All Exchanges)

Total OI
$20.37M
Binance
$13.40M
65.8%
Bybit
$6.65M
32.7%
KuCoin
$319.02K
1.6%
Market Cap
$1.36B
Market Cap / Aggregated OI
$1.36B / $20.37M= 66.5710

Risk Signals (Extra)

OI / Volume (24h)
2.813
Level: high
Exchange OI Dominance
binance
Share: 65.8%
Dominance risk

Liquidation history

Short-side 67% of 30d liqstoday: 26th percentile of 90d
$68.8K$367.5K$006-1607-0407-2208-0808-2709-15
Long liqs (above) Short liqs (below)

Positioning summary

Of the ~500 Hyperliquid accounts we track, 2 hold SKY: $158.0K long across 1 position and $151.6K short across 1 position — net $6.4K long. No tracked liquidation level sits within 60% of the $0.06170 Hyperliquid mark. 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
$13.41M
ΔOI
+$24.43K

Funding Rate

Coinalyze
Latest
0.0050%
Points
24
Per-exchange futures data
MetricBinanceBybitKuCoin
Price$0.06375$0.06378$0.06375
OI (USD)$13.40M$6.65M$319.02K
OI share65.8%32.7%1.6%
OI (tokens)210,189,858104,285,9605,004,290
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
$1.36B
24h Liquidations
$1.15K
Token Symbol
SKY
Sources
CMC, Coinalyze

SKY 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 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, $1.2K 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 $20.37M: $13.40M on Binance (66%), $6.65M on Bybit (33%) and $319.0K on KuCoin (2%). That position base is +1.5% over 24 hours and +2.4% over the last week. Open interest is 2.81× 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.

Are whales long or short SKY?

Among the ~500 largest Hyperliquid accounts we track, 2 hold positions of $100k or more in SKY: $158.0K long across 1 and $151.6K short across 1 — a net $6.4K long. 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 SKY is one of them.

Is SKY over-leveraged right now?

SKY's leverage-stress score is 0.003 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 ($1.36B of market cap against $20.37M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($1.2K 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, 33% of the SKY notional that got liquidated was long positions and 67% was shorts, so the pain has been mostly on the short side. The most recent 24-hour total ranks in the 26th 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.

SKY/USDT (SKYUSDT) perpetual futures shows a leverage-stress score of 0.003 out of 1.0 (low risk), $20.37M 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.