Market pulse
Of 1190 coins, 164 are up over 24h and 1013 are down — the market is mostly red. Median move -4.90%.
Crypto turnover $163.5 bn over 24h. Open positions hold $78.3 bn; for a typical coin open interest changed +0.02% over the past hour.
Funding is positive on 613 coins of 675: longs outweigh shorts and pay them. Median rate +0.0050%.
What is unusual right now
| Turnover at least 5× above the coin's own five-minute norm | 10 | ZCHF, EURC, CYBER, UP |
| Open interest in the top 5% of the coin's own history | 45 | BTC, HYPE, XRP, WLFI |
| Funding in the top 5% of the coin's own history — skewed long | 19 | UAI, FLUID, ALLO, TA |
| Funding in the bottom 5% of the coin's own history — skewed short | 117 | AIN, XMR, CLANKER, AIO |
Computed over crypto from the shared snapshot. "Unusual" means measured against each coin's OWN yearly norm, not one threshold for everyone: $2M of turnover is a record for one coin and a quiet day for another.
Analytics
Funding and open interest history, long/short ratio, seasonality and the market heat index.
Our own index: funding and open-interest extremity versus each coin's norm plus volume surges, volume-weighted across the top 50. High values mean crowded positioning prone to sharp unwinds.
Funding, 30 days — BTC
Rate every 8 hours, %. Positive — longs pay shorts: market crowded long
Open interest, 20 days — BTC
In contracts, hourly. Rising with price — new money entering
Long/Short Ratio, ~20 days — BTC
Long vs short accounts (Binance). Above 1 — crowd is long; extremes often resolve against the crowd
Seasonality — BTC
Monthly returns across years of daily history. The past promises nothing, but patterns are worth a look