Optimism (OP) — price, funding and open interest
OP/USDT perpetual on Binance · OKX · Bybit · MEXC · Bitget · BingX · KuCoin · Hyperliquid · Coinbase · HTX · Kraken · Gate · Upbit · Coinbase Intl: price 0.1345, 24h turnover $144.8M. Updated in real time.
What this is
Layer-2 networkOptimism — the second major layer above Ethereum, working on the same principle of making operations cheaper.
OP unlocks
Full unlock calendar →Past unlocks: 87
Chart
Chart built from data of Bybit
What the data shows
OP trades at 0.1345. Over 365 days it ranged between 0.080610 and 0.7665; the price now sits in the lower third of that range — 8% of the way from the yearly low to the high.
All-time high is 4.8744 (March 2024); the price is 97% below it now.
24-hour turnover is $144.8M — the 100th percentile for the year: noticeably busier than usual.
The daily range is 13.1% and five-minute NATR is 0.75%. That range is in the 92th percentile for the year — an unusually wide day.
Traded on 14 venues: Binance, OKX, Bybit, MEXC, Bitget, BingX, KuCoin, Hyperliquid, Coinbase, HTX, Kraken, Gate, Upbit, Coinbase Intl — the price is cross-checked across several sources.
Funding is +0.0100%: longs pay shorts, so positioning leans to buyers. For this coin that is an ordinary rate — the 57th percentile for the month.
Open positions in OP are worth $79.6M. Over the past hour open interest fell by 1.73%. That is an ordinary level for this coin — the 41th percentile.
OP correlation with Bitcoin over 24 hours is 0.30 — it partly moves with the market.
Over the day +7.29%, over the hour -2.23%, over the last five minutes -0.29% — the pace is steady.
By turnover it ranks 83 of 2015 instruments in the screener.
By daily range it ranks 370 of 2015.
NATR is 0.29% on the minute and 2.38% on the hour — the move is even, without sharp excursions inside the hour.
Built from current numbers and the coin's own year of history. Updates with the data.
How OP behaved before
Tracked since June 2022 — 51 full month, and falling ones prevail: 36 of 51. Median month -8.4%.
In September the instrument rose 1 times out of 4, median -3.2%.
Best month — July 2022: +190.4%. Worst — June 2022: -65.3%.
Computed from our own minute history, month by month. The past promises nothing — but it shows what is ordinary for this instrument and what is not.
Our observations
KairoRight now OP is within its usual range: volume, funding and open interest are all unremarkable.
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
Similar instruments
From the same group — layer-2 network. They open the same way, with a chart and a breakdown.
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.
How much money sits in open positions on each venue. The total spans every exchange listing the contract.