Volume Monitor
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BASED live: funding rate, open interest, liquidations & volume spikes

BASED trades on 6 exchanges tracked by Volume Monitor (Binance, Bitget, Bybit, Gate, KuCoin and MEXC) across 6 perpetual futures and 1 spot market. The last price is 0.07281 USDT on MEXC, and 24h volume is $29.14M ($28.15M perps, $990K spot). Perpetual open interest totals $14.17M. The OI-weighted funding rate is 0.0100% per 8h (≈11% APR), so longs pay shorts. $1,620 of BASED positions were liquidated on Binance, Bybit, Bitget, Gate and HTX in the last 4 hours (since tracking began), 100% longs and 0% shorts. No BASED volume spikes were flagged since the server started.

Tracking for ~4h Updates every 5 s HistoryMarketsLong/shortSpikesLiquidations

PriceMexc perp
0.07281
1h — 24h —
24h volumespot + perp
$29.14M
Perp $28.15MSpot $990K
Open interest6 perps
$14.17M
1h — 24h —
Funding, 8hOI-weighted
0.0100%
≈11% APRlongs pay shorts
Liquidations 24hpartial
$1,620
Longs $1,620Shorts $0
Volume spikes 24hpartial
0
Net spike flow$0

BASED open interest, funding and liquidations history

From recorded history, hourly

BASED open interest is up 28.8% since 13:15 UTC on 27 Sep, from $5.99M to $7.72M. BASED funding has averaged 0.0109% per 8 hours since 13:15 UTC on 27 Sep (≈12% APR), positive in 100% of hourly readings, so longs mostly paid shorts. $1,620 of BASED positions were liquidated since 13:15 UTC on 27 Sep: $1,620 longs (100.0%) and $0 shorts.

BASED price

Chart: TradingView Lightweight Charts™

BASED open interest

All perps, USD

Chart: TradingView Lightweight Charts™

BASED funding rate

OI-weighted, 8h

Chart: TradingView Lightweight Charts™

BASED liquidations

Longs up, shorts down

Chart: TradingView Lightweight Charts™

BASED CVD and taker flow

Spot vs perp, from range start · bars: net taker buys

Chart: TradingView Lightweight Charts™

BASED markets: funding rate & open interest by exchange

Funding as 8h equivalent (hover for APR) · OI changes need history
Market Price 1h 24h 24h volume Funding 8h Open interest OI 1h OI 4h OI 24h Trade
MEXC perp BASED_USDT 0.07281 — — $5.05M 0.0100% $5.84M — — — Trade
Binance perp BASEDUSDT 0.07283 -0.53% — $14.75M 0.0100% $4.60M -0.73% -5.54% — Trade
Bitget perp BASEDUSDT 0.07295 -0.73% — $2.46M 0.0100% $1.65M -0.53% — — Trade
Bybit perp BASEDUSDT 0.07265 -0.56% — $1.76M 0.0100% $1.18M -0.59% -2.16% — Trade
KuCoin perp BASEDUSDTM 0.07278 — — $2.12M 0.0100% $608K — — — Trade
Gate perp BASED_USDT 0.07276 -0.67% — $2.01M 0.0100% $286K -0.91% — — Trade
Bybit spot BASEDUSDT 0.07271 -0.56% — $990K — — — — — Trade

Price and OI changes appear once the server has enough history: it records 5-minute snapshots since its last restart (~4h ago), so 1h values fill in after an hour and 24h values after a day. Trade links go to the exchange and may be referral links.

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BASED long/short ratio

All coins' long/short ratios →

Long/short ratios are tracked for the top 100 perpetuals by volume on Binance and Bybit. BASED is not among them right now. See the coins that are tracked →

BASED volume spikes

See live spikes for all coins →
Spikes on record0

No BASED volume spikes since the server started ~4h ago. A spike is a minute with at least 4× normal volume; new ones appear here live.

Newest first, up to 100. +5m / +15m / +1h show the price change after each spike and fill in as time passes. They describe the past, not a prediction.

BASED liquidations: long vs short

All liquidations →

BASED perps trade only on Hyperliquid, which does not publish a liquidation feed.

About the BASED numbers

BASED funding rate

Perpetual futures have no expiry, so exchanges keep their price close to spot with periodic funding payments between longs and shorts. A positive BASED funding rate means longs pay shorts (more demand for leveraged longs); negative means shorts pay longs. Rates here are converted to an 8-hour equivalent so exchanges with 1h, 4h and 8h intervals compare directly, and the headline figure is weighted by each exchange's open interest.

BASED open interest

Open interest is the USD value of all open BASED perpetual positions. Rising OI alongside a price move means new positions are opening; falling OI means positions are closing (including liquidations). OI changes are measured from 5-minute snapshots.

BASED liquidations

A liquidation is a leveraged position the exchange closed by force. Long liquidations are forced sells that hit when price drops; short liquidations are forced buys when price rises. The long/short split shows which side was caught.

BASED volume spikes

A spike is a minute where one BASED market traded at least 4× its normal minute volume, with a size floor. Buy % is the share of taker buys. The +5m / +15m / +1h columns show what price did afterwards. They are history, not a signal. Not financial advice.