Squeeze Insights Lab
All Pairs

SNX/USDT

Last updated: 9/15/2026, 3:10:07 AM

LOW RISK

Market calm across metrics

Stress Score (Normalized)
0.0140–1
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)
0.464
Higher = inputs are simultaneously rare for this token and changing fast.
OI Δ 24h
-0.0%
OI Δ 7d
-17.4%
OI acceleration
-3.8%
ΔFunding 24h
+0.001%
|Funding| %ile
89
Vol compression
95
Volume spike
0
Perp basis
-0.095%

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

16/40 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 · 9/163d · 3/147d · 4/10
2026-09-141d▼ DN-3.1%
2026-09-131d▼ DN-0.8%
2026-09-121d▼ DN+5.1%
2026-09-123d▼ DN+1.1%
2026-09-111d▼ DN+2.1%
2026-09-113d▼ DN+6.5%
2026-09-101d▼ DN-4.4%
2026-09-103d▼ DN+2.6%
2026-09-091d▼ DN-2.1%
2026-09-093d▼ DN-4.4%

Aggregated Open Interest (All Exchanges)

Total OI
$4.07M
Binance
$2.08M
51.1%
Bybit
$1.31M
32.2%
KuCoin
$680.34K
16.7%
Market Cap
$122.70M
Market Cap / Aggregated OI
$122.70M / $4.07M= 30.1604

Risk Signals (Extra)

OI / Volume (24h)
2.315
Level: high
Exchange OI Dominance
binance
Share: 51.1%
No dominance risk

Liquidation history

Long-side 85% of 30d liqstoday: 7th percentile of 90d
$88.5K$53.8K$006-1807-0607-2408-1008-2809-15
Long liqs (above) Short liqs (below)

Positioning summary

Binance's top traders by position size are 70.6% long and 29.4% short in SNXUSDT, a long/short ratio of 2.40. All accounts on the venue sit at 62.5% long, so the largest positions are leaning further long than the crowd. SNX 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
$2.08M
ΔOI
+$20.18K

Funding Rate

Coinalyze
Latest
0.0094%
Points
24
Per-exchange futures data
MetricBinanceBybitKuCoin
Price$0.2108$0.2104$0.2108
OI (USD)$2.08M$1.31M$680.34K
OI share51.1%32.2%16.7%
OI (tokens)9,858,7276,222,0573,227,411
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
$122.70M
24h Liquidations
$325.88
Token Symbol
SNX
Sources
CMC, Coinalyze

SNX 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 SNX's does:

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

SNX perpetuals — common questions

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

What are SNX's current liquidation levels?

Across the exchanges we aggregate, $326 of SNX positions were actually liquidated in the last 24 hours. Binance does not publish per-account liquidation prices, so the honest read for SNXUSDT 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 SNX have right now?

Aggregated open interest in SNX perpetuals is $4.07M: $2.08M on Binance (51%), $1.31M on Bybit (32%) and $680.3K on KuCoin (17%). That position base is -0.0% over 24 hours and -17.4% over the last week. Open interest is 2.32× the pair's 24-hour volume, so positions are being held rather than churned.

What is SNX's funding rate?

Binance settles SNXUSDT 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.

Is SNX over-leveraged right now?

SNX's leverage-stress score is 0.014 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 ($122.70M of market cap against $4.07M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($326 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 SNX seen heavy liquidations lately?

Over the last 30 complete days, 85% of the SNX notional that got liquidated was long positions and 15% was shorts, so the pain has been mostly on the long side. The most recent 24-hour total ranks in the 7th 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 SNX's positioning changing quickly?

SNX's pulse score is 0.292 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 -0.0% in a day and an unusually tight trading range. At this level nothing unusual is happening yet.

SNX/USDT (SNXUSDT) perpetual futures shows a leverage-stress score of 0.014 out of 1.0 (low risk), $4.07M 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.