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

ETH trades on 3 exchanges tracked by Volume Monitor (Binance, Bybit and Hyperliquid) across 4 perpetual futures and 4 spot markets. The last price is 2,690.0 USDT on Binance (-0.75% in the last hour), and 24h volume is $6.95B ($6.37B perps, $575.56M spot). Perpetual open interest totals $13.03B. The OI-weighted funding rate is 0.0082% per 8h (≈9% APR), so longs pay shorts. $1.41M of ETH positions were liquidated on Binance and Bybit in the last 73 minutes (since tracking began), 72% longs and 28% shorts. The scanner flagged 37 volume spikes on ETH since it started.

Tracking for 73 min Updates every 5 s MarketsLong/shortSpikesLiquidations

PriceBinance perp
2,690.0
1h -0.75% 24h —
24h volumespot + perp
$6.95B
Perp $6.37BSpot $575.56M
Open interest4 perps
$13.03B
1h — 24h —
Funding, 8hOI-weighted
0.0082%
≈9% APRlongs pay shorts
Liquidations 24hpartial
$1.41M
Longs $1.01MShorts $396K
Volume spikes 24hpartial
37
Net spike flow-$54.77M

ETH 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 ETHUSDT 2,690.0 -0.75% — $3.73B 0.0085% $6.18B -0.94% — — Trade
Hyperliquid perp ETH 2,691 -0.77% — $460.49M 0.0100% $2.96B -1.37% — — Trade
Binance perp ETHUSDC 2,689.9 -0.74% — $1.11B 0.0068% $2.83B -0.70% — — Trade
Bybit perp ETHUSDT 2,690.0 -0.74% — $1.08B 0.0056% $1.06B -1.61% — — Trade
Binance spot ETHUSDT 2,691.3 -0.74% — $342.85M — — — — — Trade
Binance spot ETHUSDC 2,691.2 -0.74% — $128.58M — — — — — Trade
Bybit spot ETHUSDT 2,691.3 -0.75% — $82.55M — — — — — Trade
Bybit spot ETHUSDC 2,691.4 -0.74% — $21.57M — — — — — Trade

Price and OI changes appear once the server has enough history: it records 5-minute snapshots since its last restart (73 min 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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ETH long/short ratio

All coins' long/short ratios →
Binance accounts
72.6% longRatio 2.65
Short 27.4%1h +0.34h +0.224h -0.5
Binance top traders
62.3% longRatio 1.65
Short 37.7%1h 0.04h +0.224h +0.1
Bybit accounts
67.4% longRatio 2.07
Short 32.6%1h 0.04h 0.024h +0.2
Binance accountsBinance top tradersBybit accounts50% = even

Share of longs; changes in percentage points (pp). Accounts = share of accounts with a net long position; top traders = share of the combined position of Binance's top 20% of traders by margin that is long. New points every 5 minutes; 24h history backfilled from the exchanges.

Spikes on record37
Buy-side10
Mixed8
Sell-side19
Time Venue Type Side $ in 1m × normal Buy % +5m +15m +1h
1m ago BYB spot VOL MIXED $620K 14.5× 49% ———
1m ago BYB perp VOL SELL $15.14M 21.4× 18% ———
1m ago BIN spot VOL SELL $567K 7.5× 38% ———
1m ago BIN perp VOL SELL $11.98M 11.6× 37% ———
1m ago BIN spot VOL SELL $2.31M 7.8× 28% ———
1m ago BIN perp VOL SELL $49.88M 16.4× 31% ———
2m ago HL perp VOL MIXED $2.96M 19.5× 48% ———
2m ago BIN perp VOL SELL $5.31M 5.2× 17% ———
3m ago BYB spot VOL MIXED $184K 49.9× — ———
4m ago BYB perp LIQ LONGS $301K — — ———
5m ago BYB perp VOL BUY $6.82M 10.6× 80% -0.27%——
7m ago BYB spot VOL MIXED $416K 11.8× 51% -0.18%——
7m ago BIN perp LIQ LONGS $254K — — ———
7m ago BIN perp VOL SELL $7.53M 8.2× 19% -0.17%——
7m ago BIN spot VOL MIXED $257K 4.5× 49% -0.17%——
7m ago BIN perp VOL SELL $27.47M 9.8× 24% -0.18%——
7m ago BIN spot VOL SELL $1.54M 6.2× 35% -0.17%——
8m ago HL perp VOL SELL $2.92M 22.5× 3% -0.35%——
10m ago BYB perp VOL SELL $8.00M 12.7× 11% -0.13%——
11m ago HL perp VOL SELL $697K 5.5× 0% -0.23%——
11m ago BYB spot VOL BUY $175K 47.9× 100% -0.23%——
17m ago BYB spot VOL SELL $149K 41.5× 3% -0.01%-0.54%—
23m ago HL perp VOL BUY $2.02M 14.4× 70% -0.05%-0.24%—
23m ago BYB spot VOL MIXED $413K 117.3× 50% -0.06%-0.25%—
26m ago BYB spot VOL SELL $180K 52.3× 0% +0.19%-0.01%—
29m ago HL perp VOL SELL $2.82M 20.7× 0% +0.05%+0.03%—
31m ago BYB spot VOL SELL $170K 50.6× 35% -0.19%-0.12%—
32m ago BYB spot VOL BUY $226K 5.3× 86% -0.11%-0.09%—
34m ago HL perp VOL BUY $582K 4.2× 96% -0.06%-0.02%—
45m ago HL perp VOL SELL $1.28M 7.9× 9% +0.06%+0.19%—
51m ago HL perp VOL SELL $980K 6.1× 22% -0.07%+0.03%—
56m ago BIN spot VOL SELL $1.32M 18.5× 12% -0.22%-0.13%—
58m ago BIN perp VOL MIXED $10.20M 4.1× 59% -0.23%-0.28%—
60m ago BYB spot VOL MIXED $227K 4.2× 57% -0.05%-0.23%-0.75%
60m ago BIN perp VOL BUY $3.03M 4.1× 85% -0.06%-0.24%-0.74%
60m ago BYB perp VOL BUY $5.68M 8.2× 94% -0.06%-0.24%-0.74%
60m ago BIN spot VOL BUY $968K 4.3× 74% -0.05%-0.23%-0.74%
63m ago HL perp VOL BUY $1.64M 5.7× 86% +0.20%-0.12%-0.59%
68m ago BYB spot VOL BUY $72K 5.4× 97% +0.05%+0.02%-0.16%

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.

ETH liquidations: long vs short

All liquidations →
WindowLongsShortsLong / shortCount
1h $1.01M $121K
72
4h $1.01M $396K
86
24h $1.01M $396K
86
Longs liquidatedShorts liquidated

Biggest ETH liquidations, 24h

  1. BINSHORT$241K@ 2,71259m ago
  2. BINLONG$212K@ 2,695.57m ago
  3. BYBLONG$161K@ 2,684.84m ago
  4. BYBLONG$140K@ 2,685.04m ago
  5. BINSHORT$120K@ 2,70931m ago

Latest

  1. BINLONG$15K@ 2,688.22m ago
  2. BINLONG$6,719@ 2,687.52m ago
  3. BYBLONG$241@ 2,679.12m ago
  4. BINLONG$73@ 2,688.22m ago
  5. BINLONG$78@ 2,687.92m ago
  6. BINLONG$3,990@ 2,688.82m ago
  7. BINLONG$40@ 2,688.42m ago
  8. BINLONG$81K@ 2,688.52m ago

From Binance USDⓈ-M and Bybit linear perps. Binance reports at most one liquidation per symbol per second, so totals are a lower bound. A long liquidation is a forced sell; a short liquidation is a forced buy.

About the ETH numbers

ETH 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 ETH 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.

ETH open interest

Open interest is the USD value of all open ETH 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.

ETH 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.

ETH long/short ratio

The share of traders long versus short on ETH perpetuals. Accounts figures count each account once (the share with a net long position on Binance, or holding a long on Bybit); the Binance top traders figure is the share of the combined position of the top 20% of Binance traders by margin that is long. A ratio above 1 means more longs than shorts. Retail account ratios lean long most of the time, so changes and divergences say more than the level. See the ETH long/short ratio page.

ETH volume spikes

A spike is a minute where one ETH 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.