COW open interest, funding and liquidations history
From recorded history, hourlyCOW open interest is up 13.6% since 13:15 UTC on 27 Sep, from $3.30M to $3.74M. COW funding has averaged -0.2351% per 8 hours since 13:15 UTC on 27 Sep (≈-257% APR), positive in 0% of hourly readings, so shorts mostly paid longs. $14K of COW positions were liquidated since 13:15 UTC on 27 Sep: $14K longs (98.9%) and $149 shorts. The biggest hour was 15:00 UTC on 27 Sep, with $7,197.
COW price
Not recorded Chart: TradingView Lightweight Charts™
COW open interest
All perps, USDNot recorded Chart: TradingView Lightweight Charts™
COW funding rate
OI-weighted, 8hNot recorded Chart: TradingView Lightweight Charts™
COW liquidations
Longs up, shorts downNot recorded Chart: TradingView Lightweight Charts™
COW CVD and taker flow
Spot vs perp, from range start · bars: net taker buysNot recorded Chart: TradingView Lightweight Charts™
COW 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Binance perp COWUSDT | 0.1589 | +0.44% | — | $20.57M | -0.2840% | $2.48M | +0.10% | +0.48% | — | Trade |
| Bybit perp COWUSDT | 0.1596 | +0.41% | — | $6.17M | -0.2036% | $782K | +3.54% | +12.92% | — | Trade |
| MEXC perp COW_USDT | 0.1591 | — | — | $387K | -0.2842% | $567K | — | — | — | Trade |
| Bitget perp COWUSDT | 0.1594 | +0.31% | — | $2.77M | -0.1876% | $413K | +1.87% | +6.93% | — | Trade |
| KuCoin perp COWUSDTM | 0.1594 | — | — | $265K | -0.2530% | $244K | — | — | — | Trade |
| Gate perp COW_USDT | 0.1593 | +0.38% | — | $815K | -0.2274% | $97K | -0.35% | -1.69% | — | Trade |
| Binance spot COWUSDT | 0.1600 | +0.44% | — | $4.71M | — | — | — | — | — | Trade |
| Binance spot COWUSDC | 0.1599 | 0.00% | — | $176K | — | — | — | — | — | Trade |
Price and OI changes appear once the server has enough history: it records 5-minute snapshots since its last restart (~11h 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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COW long/short ratio
All coins' long/short ratios →Long/short ratios are tracked for the top 100 perpetuals by volume on Binance and Bybit. COW is not among them right now. See the coins that are tracked →
COW volume spikes
See live spikes for all coins →No COW volume spikes since the server started ~11h ago. A spike is a minute with at least 4× normal volume; new ones appear here live.
| Time | Venue | Type | Side | $ in 1m | × normal | Buy % | +5m | +15m | +1h |
|---|
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.
COW liquidations: long vs short
All liquidations →COW perps trade only on Hyperliquid, which does not publish a liquidation feed.
About the COW numbers
COW 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 COW 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.
COW open interest
Open interest is the USD value of all open COW 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.
COW 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.
COW volume spikes
A spike is a minute where one COW 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.