Open interest
Chart$15.2M +24.8% 24h
| Venue | Open interest | 24h change |
|---|---|---|
| Binance | $6.8M | |
| Bitget | $2.3M | +18.5% |
| MEXC | $2.1M | +14.1% |
| KuCoin | $1.9M | +28.8% |
Crypto perp · up to 50x · 10 venues
Q perpetual futures carry $15.2M in open interest across 10 venues, led by Binance with 45%. The contract is up 10.44% over 24 hours. Maximum leverage is 50x, on MEXC; open-interest-weighted funding is 9.7% annualized.
Big position builds, funding swings and 10% days, by email. Unsubscribe in one click.
Loading the price chart.
$15.2M +24.8% 24h
| Venue | Open interest | 24h change |
|---|---|---|
| Binance | $6.8M | |
| Bitget | $2.3M | +18.5% |
| MEXC | $2.1M | +14.1% |
| KuCoin | $1.9M | +28.8% |
$26.7M -27.9% d/d
+9.7% a year
$2.4K 24h
LongsShorts
| Window | Longs liquidated against shorts liquidated | Amount |
|---|---|---|
| 1h | recording | |
| 4h | recording | |
| 24h | $2.4K | |
| 7d | recording |
47% buys, 24h
BuysSells
| Window | Taker buys against taker sells | Amount |
|---|---|---|
| 1h | recording | |
| 4h | recording | |
| 24h | recording | |
| 7d | recording |
No positioning data for this market.
$34.0K resting
BidsAsks
No liquidation map for this market.
| Venue | Offers 10x | Liquidation | Room | Hold a day |
|---|---|---|---|---|
| MEXC | Yes | $0.02544 | −9.1% | −$3.00 |
| Bitget | Yes | $0.02583 | −7.7% | −$3.00 |
| HTX | Yes | $0.02583 | −7.7% | −$3.00 |
| KuCoin | Yes | $0.02583 | −7.7% | −$3.00 |
| Gate | Yes | $0.02651 | −5.3% | +$0.42 |
Below 10x:Extended Aster cap not publishedVariational cap not publishedBinance cap not publishedBingX cap not published
Funding spread 12.9% · long Gate, short Extended · Price dispersion 297 bps
Dimmed: 5 venues that cap below your 10x.
| Binance · daily | QUSDT | – | – | $6.8M | – | 45% | $10.5M | 1.53x | – | – |
|---|---|---|---|---|---|---|---|---|---|---|
| Bitget | QUSDT | $0.02791 | +13.24% | $2.3M | +18.5% | 15% | $4.7M | 1.99x | +10.9% | 20x |
| MEXC | Q_USDT | $0.02799 | +13.37% | $2.1M | +14.1% | 14% | $4.0M | 1.90x | +10.9% | 50x |
| KuCoin | QUSDTM | $0.02805 | +13.61% | $1.9M | +28.8% | 12% | $990.0K | 0.52x | +10.9% | 20x |
| BingX | Q-USDT | $0.02798 | +13.56% | $1.1M | +79.0% | 7.1% | $1.3M | 1.21x | +10.9% | – |
| Gate | Q_USDT | $0.02804 | +13.83% | $819.8K | +19.8% | 5.4% | $4.2M | 5.11x | -1.5% | 10x |
| HTX | Q-USDT | $0.02806 | +13.87% | $52.7K | +7.0% | 0.3% | $212.3K | 4.03x | +10.9% | 20x |
| Aster | QUSDT | $0.02764 | +10.44% | $39.3K | -8.0% | 0.3% | $105.3K | 2.68x | +10.9% | – |
| Extended | Q-USD | $0.02794 | +13.02% | $18.9K | +4.8% | 0.1% | $562.0K | 29.69x | +11.4% | 5x |
| Variational | Q | $0.02848 | +15.10% | $17.5K | -48.2% | 0.1% | $167.8K | 9.61x | +10.9% | – |
| All venues | $0.02799 | +10.44% | $15.2M | +24.8% | 100% | $26.7M | 1.75x | +9.7% | 50x |
Q funding is +9.7% a year, weighted by open interest across 10 venues, with 12.9% between the highest and lowest venue.
Latest settled +10.9% APR · every 4h
Latest settled +11.4% APR · hourly
Latest settled +10.9% APR · every 4h
Latest settled +10.9% APR · every 4h
Latest settled +10.9% APR · every 4h
Latest settled +10.9% APR · every 4h
Latest settled +10.9% APR · every 4h
Latest settled +10.9% APR · every 4h
Latest settled +10.9% APR · every 4h
| Venue | Settlements | 7-day avg APR | Lowest | Highest | Longs paid |
|---|---|---|---|---|---|
| Aster | 42 | +11.1% | +10.9% | +13.7% | 100% of hours |
| Extended | 167 | +11.3% | -13.1% | +26.3% | 99% of hours |
| Variational | 167 | +12.4% | -21.3% | +82.5% | 98% of hours |
| Bitget | 45 | +10.9% | +10.9% | +10.9% | 100% of hours |
| Gate | 45 | -11.9% | -70.1% | +10.9% | 39% of hours |
| MEXC | 45 | +11.1% | +0.9% | +27.2% | 100% of hours |
| HTX | 45 | +10.9% | +7.1% | +10.9% | 100% of hours |
| KuCoin | 45 | +9.6% | -20.8% | +10.9% | 98% of hours |
| BingX | 45 | +12.5% | +10.9% | +46.0% | 100% of hours |
Q open interest is $15.2M across 10 venues.
No liquidation levels recorded for Q.
Q long and short liquidations by venue.
$26.7M of Q traded in the last 24 hours across 10 venues.
| Window | Taker buys | Taker sells | Net | Buy share |
|---|---|---|---|---|
| 1 hour | $80.0K | $85.6K | −$5.6K | 48% |
| 4 hours | $321.9K | $360.7K | −$38.9K | 47% |
| 12 hours | $1.5M | $1.6M | −$137.3K | 48% |
| 24 hours | $1.9M | $2.1M | −$217.0K | 47% |
| 3 days | $3.6M | $4.0M | −$328.7K | 48% |
| 7 days | $9.6M | $10.4M | −$790.9K | 48% |
Trades over $100K · liquidations over $10K
No trade of that size recorded in the last 7 days.
Loading the latest Q headlines.
| When | Venue | Change |
|---|---|---|
| Nov 5, 2026 | Variational Q | Funding interval changed from every 1.0h to every 4h |
| Nov 3, 2026 | KuCoin QUSDTM | Funding interval changed from every 1.0h to every 4h |
| Nov 3, 2026 | MEXC Q_USDT | Funding interval changed from every 1.0h to every 4h |
| Nov 3, 2026 | BingX Q-USDT | Funding interval changed from every 1.0h to every 4h |
| Nov 3, 2026 | Bitget QUSDT | Funding interval changed from every 1.0h to every 4h |
| Nov 3, 2026 | HTX Q-USDT | Funding interval changed from every 1.0h to every 4h |
| Nov 3, 2026 | Gate Q_USDT | Funding interval changed from every 1.0h to every 4h |
| Nov 2, 2026 | MEXC Q_USDT | Max leverage changed from 20.0x to 50.0x |
| Oct 31, 2026 | KuCoin QUSDTM | Funding interval changed from every 4.0h to every 1h |
| Oct 31, 2026 | BingX Q-USDT | Funding interval changed from every 4.0h to every 1h |
| Oct 31, 2026 | Bitget QUSDT | Funding interval changed from every 4.0h to every 1h |
| Oct 31, 2026 | Gate Q_USDT | Funding interval changed from every 4.0h to every 1h |
| Oct 31, 2026 | HTX Q-USDT | Funding interval changed from every 4.0h to every 1h |
| Oct 31, 2026 | MEXC Q_USDT | Funding interval changed from every 4.0h to every 1h |
| Oct 31, 2026 | Variational Q | Funding interval changed from every 4.0h to every 1h |
| Oct 31, 2026 | MEXC Q_USDT | Max leverage changed from 50.0x to 20.0x |