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

ORDI trades on 8 exchanges tracked by Volume Monitor (Binance, Bitget, Bybit, Gate, Htx, Hyperliquid, Kucoin and Mexc) across 9 perpetual futures and 3 spot markets. The last price is 4.827 USDT on Mexc, and 24h volume is $58.78M ($53.64M perps, $5.14M spot). Perpetual open interest totals $27.96M. The OI-weighted funding rate is 0.0100% per 8h (≈11% APR), so longs pay shorts. $3,441 of ORDI positions were liquidated on Binance and Bybit in the last 3 hours (since tracking began), 100% longs and 0% shorts. The scanner flagged 4 volume spikes on ORDI since it started.

Tracking for ~3h Updates every 5 s MarketsLong/shortSpikesLiquidations

PriceMexc perp
4.827
1h — 24h —
24h volumespot + perp
$58.78M
Perp $53.64MSpot $5.14M
Open interest9 perps
$27.96M
1h — 24h —
Funding, 8hOI-weighted
0.0100%
≈11% APRlongs pay shorts
Liquidations 24hpartial
$3,441
Longs $3,442Shorts $0
Volume spikes 24hpartial
4
Net spike flow-$122K

ORDI 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 ORDI_USDT 4.827 — — $8.41M 0.0100% $10.00M — — — Trade
Binance perp ORDIUSDT 4.825 +0.58% — $30.57M 0.0100% $9.89M +0.55% — — Trade
bitget perp ORDIUSDT 4.821 — — $2.86M 0.0100% $2.64M — — — Trade
Bybit perp ORDIUSDT 4.823 +0.54% — $4.79M 0.0100% $2.02M +0.81% — — Trade
kucoin perp ORDIUSDTM 4.826 — — $849K 0.0100% $987K — — — Trade
Binance perp ORDIUSDC 4.822 +0.54% — $3.01M 0.0100% $878K +0.11% — — Trade
Hyperliquid perp ORDI 4.840 +0.70% — $414K 0.0100% $788K +0.56% — — Trade
gate perp ORDI_USDT 4.826 — — $2.37M 0.0100% $658K — — — Trade
htx perp ORDI-USDT 4.834 — — $374K 0.0100% $106K — — — Trade
Binance spot ORDIUSDT 4.829 +0.65% — $4.30M — — — — — Trade
Bybit spot ORDIUSDT 4.827 +1.26% — $431K — — — — — Trade
Binance spot ORDIUSDC 4.839 +1.32% — $409K — — — — — Trade

Price and OI changes appear once the server has enough history: it records 5-minute snapshots since its last restart (~3h 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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ORDI long/short ratio

All coins' long/short ratios →
Binance accounts
62.0% longRatio 1.63
Short 38.0%1h -0.14h -0.324h +1.9
Binance top traders
76.1% longRatio 3.18
Short 23.9%1h +0.44h +0.524h -2.6
Bybit accounts
64.9% longRatio 1.85
Short 35.1%1h -0.24h +0.624h +2.3
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 record4
Buy-side1
Sell-side3
Time Venue Type Side $ in 1m × normal Buy % +5m +15m +1h
47m ago BIN spot VOL BUY $32K 27.2× 99% +0.25%+0.27%—
58m ago BIN spot VOL SELL $44K 51.9× 3% +0.08%+0.06%—
2h ago BIN perp VOL SELL $119K 17.3× 16% +0.31%+0.12%-0.50%
3h ago BIN perp VOL SELL $77K 7.9× 30% -0.29%-0.21%-0.48%

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.

ORDI liquidations: long vs short

All liquidations →
WindowLongsShortsLong / shortCount
1h $923 $0
2
4h $3,442 $0
6
24h $3,442 $0
6
Longs liquidatedShorts liquidated

Biggest ORDI liquidations, 24h

  1. BINLONG$1,492@ 4.8383h ago
  2. BINLONG$896@ 4.76249m ago
  3. BINLONG$764@ 4.8223h ago
  4. BINLONG$243@ 4.8022h ago
  5. BINLONG$28@ 4.75749m ago

Latest

  1. No ORDI liquidations since tracking began.

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 ORDI numbers

ORDI 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 ORDI 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.

ORDI open interest

Open interest is the USD value of all open ORDI 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.

ORDI 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.

ORDI long/short ratio

The share of traders long versus short on ORDI 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 ORDI long/short ratio page.

ORDI volume spikes

A spike is a minute where one ORDI 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.