FRAX — price, funding and open interest
FRAX/USDT perpetual on Binance · MEXC · Bitget · Gate · KuCoin: price 0.3115, 24h turnover $4.4M. Updated in real time.
Chart
What the data shows
FRAX trades at 0.3115. Over 204 days it ranged between 0.2237 and 1.4906; the price now sits in the lower third of that range — 7% of the way from the yearly low to the high.
Funding is +0.0050%: longs pay shorts, so positioning leans to buyers. For this coin that is an ordinary rate — the 23th percentile for the month.
24-hour turnover is $4.4M — the 81th percentile for the year: noticeably busier than usual.
The daily range is 11.3% and five-minute NATR is 0.29%. That range is in the 81th percentile for the year — an unusually wide day.
NATR is 0.09% on the minute and 1.55% on the hour — the move is choppy: within an hour price travels far and comes back.
FRAX correlation with Bitcoin over 24 hours is -0.10 — it goes its own way, barely looking at Bitcoin.
Traded on 5 venues: Binance, MEXC, Bitget, Gate, KuCoin — the price is cross-checked across several sources.
Open positions in FRAX are worth $71K. Over the past hour open interest rose by +15.31%.
Over the day +8.02%, over the hour -1.11%, over the last five minutes -0.16% — the pace is steady.
By turnover it ranks 362 of 1223 instruments in the screener.
By daily range it ranks 215 of 1223.
Built from current numbers and the coin's own year of history. Updates with the data.
Our observations
Kairo- PositionsOpen interest rose +15.31% in an hour — new money entering FRAX.
Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.
What we noticed earlier
Price and movement
Turnover and activity
Futures metrics
How to read this
- Funding is a payment between longs and shorts. A positive rate means longs pay shorts: the market is crowded long.
- The rate rank shows how unusual that rate is for this particular coin: 97 means above 97% of the last month, a rare skew. Without the rank the bare number says nothing — every coin has its own normal.
- Open interest is the money sitting in positions that are still open. Rising alongside price means new money entering; rising while price falls means shorts building up.
- The OI rank is measured in contracts rather than dollars: otherwise it would drift up with price alone and claim a record where nothing changed.
- NATR shows how much a coin moves relative to its own price. High NATR with high turnover is where today's action is.