Squeeze Insights Lab
All Pairs

S/USDT

Last updated: 9/15/2026, 4:19:25 AM

LOW RISK

Market calm across metrics

Stress Score (Normalized)
0.0190–1
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)
0.527
Higher = inputs are simultaneously rare for this token and changing fast.
OI Δ 24h
-1.5%
OI Δ 7d
-12.3%
OI acceleration
-5.6%
ΔFunding 24h
+0.000%
|Funding| %ile
82
Vol compression
95
Volume spike
0
Perp basis
-0.228%

Stress-score timeline

StressPulse
00.5106-1707-0507-2308-0908-2709-14
LCRdrove the last 7d change(+0.10 score)
2026-06-172026-09-14 · daily snapshots since tracking began

Recent track record

27/40 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 · 12/157d · 5/8
2026-09-131d▼ DN-2.5%
2026-09-121d▼ DN+0.9%
2026-09-111d▼ DN+1.2%
2026-09-113d▼ DN-0.5%
2026-09-101d▼ DN-2.7%
2026-09-103d▼ DN-0.7%
2026-09-091d▼ DN-5.6%
2026-09-093d▼ DN-7.1%
2026-09-081d▼ DN-1.4%
2026-09-083d▼ DN-9.4%

Aggregated Open Interest (All Exchanges)

Total OI
$7.83M
Binance
$3.04M
38.9%
Bybit
$3.38M
43.2%
KuCoin
$1.40M
17.9%
Market Cap
$102.20M
Market Cap / Aggregated OI
$102.20M / $7.83M= 13.0590

Risk Signals (Extra)

OI / Volume (24h)
3.815
Level: high
Exchange OI Dominance
bybit
Share: 43.2%
No dominance risk

Liquidation history

Long-side 69% of 30d liqstoday: 28th percentile of 90d
$457.7K$306.7K$006-1707-0507-2308-0908-2709-14
Long liqs (above) Short liqs (below)

Positioning summary

Binance's top traders by position size are 65.5% long and 34.5% short in SUSDT, a long/short ratio of 1.90. All accounts on the venue sit at 56.3% long, so the largest positions are leaning further long than the crowd. S 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
$3.04M
ΔOI
-$16.36K

Funding Rate

Coinalyze
Latest
0.0050%
Points
24
Per-exchange futures data
MetricBinanceBybitKuCoin
Price$0.02628$0.02626$0.02628
OI (USD)$3.04M$3.38M$1.40M
OI share38.9%43.2%17.9%
OI (tokens)115,819,405128,763,49253,247,092
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
$102.20M
24h Liquidations
$5.06K
Token Symbol
S
Sources
CMC, Coinalyze

S 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 S's does:

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

S perpetuals — common questions

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

What are S's current liquidation levels?

Across the exchanges we aggregate, $5.1K of S positions were actually liquidated in the last 24 hours. Binance does not publish per-account liquidation prices, so the honest read for SUSDT 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 S have right now?

Aggregated open interest in S perpetuals is $7.83M: $3.04M on Binance (39%), $3.38M on Bybit (43%) and $1.40M on KuCoin (18%). That position base is -1.5% over 24 hours and -12.3% over the last week. Open interest is 3.82× the pair's 24-hour volume, so positions are being held rather than churned.

What is S's funding rate?

Binance settles SUSDT 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 S over-leveraged right now?

S's leverage-stress score is 0.019 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 ($102.20M of market cap against $7.83M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($5.1K 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 S seen heavy liquidations lately?

Over the last 30 complete days, 69% of the S 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 28th 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 S's positioning changing quickly?

S's pulse score is 0.363 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 -1.5% in a day and an unusually tight trading range. At this level nothing unusual is happening yet.

S/USDT (SUSDT) perpetual futures shows a leverage-stress score of 0.019 out of 1.0 (low risk), $7.83M 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.