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FORM live: funding rate, open interest, liquidations & volume spikes

FORM trades on 6 exchanges tracked by Volume Monitor (Binance, Bitget, Bybit, Gate, KuCoin and MEXC) across 6 perpetual futures and 2 spot markets. The last price is 0.3129 USDT on Binance (+0.39% in the last hour), and 24h volume is $10.15M ($8.49M perps, $1.66M spot). Perpetual open interest totals $16.61M. The OI-weighted funding rate is 0.0100% per 8h (≈11% APR), so longs pay shorts. $3,646 of FORM positions were liquidated on Binance, Bybit, Bitget, Gate and HTX in the last 4 hours (since tracking began), 99% longs and 1% shorts. The scanner flagged 2 volume spikes on FORM since it started.

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

PriceBinance perp
0.3129
1h +0.39% 24h —
24h volumespot + perp
$10.15M
Perp $8.49MSpot $1.66M
Open interest6 perps
$16.61M
1h — 24h —
Funding, 8hOI-weighted
0.0100%
≈11% APRlongs pay shorts
Liquidations 24hpartial
$3,646
Longs $3,605Shorts $41
Volume spikes 24hpartial
2
Net spike flow+$27K

FORM open interest, funding and liquidations history

From recorded history, hourly

FORM open interest is up 10.8% since 13:15 UTC on 27 Sep, from $13.25M to $14.68M. FORM funding has averaged 0.0100% per 8 hours since 13:15 UTC on 27 Sep (≈11% APR), positive in 100% of hourly readings, so longs mostly paid shorts. $3,647 of FORM positions were liquidated since 13:15 UTC on 27 Sep: $3,605 longs (98.9%) and $41 shorts. The biggest hour was 15:00 UTC on 27 Sep, with $3,274.

FORM price

Chart: TradingView Lightweight Charts™

FORM open interest

All perps, USD

Chart: TradingView Lightweight Charts™

FORM funding rate

OI-weighted, 8h

Chart: TradingView Lightweight Charts™

FORM liquidations

Longs up, shorts down

Chart: TradingView Lightweight Charts™

FORM CVD and taker flow

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

Chart: TradingView Lightweight Charts™

FORM 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 FORMUSDT 0.3129 +0.39% — $6.43M 0.0100% $12.41M +0.18% -1.21% — Trade
MEXC perp FORM_USDT 0.3130 — — $444K 0.0100% $1.68M — — — Trade
Bitget perp FORMUSDT 0.3128 +0.39% — $594K 0.0100% $1.04M -0.15% — — Trade
Bybit perp FORMUSDT 0.3127 +0.29% — $656K 0.0100% $701K +0.13% -2.78% — Trade
Gate perp FORM_USDT 0.3128 +0.42% — $257K 0.0100% $536K +1.22% — — Trade
KuCoin perp FORMUSDTM 0.3124 — — $113K 0.0100% $248K — — — Trade
Binance spot FORMUSDT 0.3124 +0.42% — $1.63M — — — — — Trade
Binance spot FORMUSDC 0.3133 +0.71% — $22K — — — — — 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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FORM long/short ratio

All coins' long/short ratios →

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

Spikes on record2
Buy-side1
Sell-side1
Time Venue Type Side $ in 1m × normal Buy % +5m +15m +1h
2h ago BIN spot VOL SELL $47K 31.3× 15% +0.58%+0.68%+0.84%
2h ago BIN perp VOL BUY $81K 18.0× 87% -0.19%-0.10%+0.29%

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.

FORM liquidations: long vs short

All liquidations →

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

About the FORM numbers

FORM 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 FORM 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.

FORM open interest

Open interest is the USD value of all open FORM 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.

FORM 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.

FORM volume spikes

A spike is a minute where one FORM 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.