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

CP trades on 5 exchanges tracked by Volume Monitor (Bitget, Bybit, Gate, KuCoin and MEXC) across 5 perpetual futures markets (no spot market). The last price is 0.01339 USDT on MEXC, and 24h volume is $3.42M. Perpetual open interest totals $3.15M. The OI-weighted funding rate is 0.0650% per 8h (≈71% APR), so longs pay shorts. $369 of CP positions were liquidated on Binance, Bybit, Bitget, Gate and HTX in the last 5 hours (since tracking began), 100% longs and 0% shorts. No CP volume spikes were flagged since the server started.

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

PriceMexc perp
0.01339
1h — 24h —
24h volumespot + perp
$3.42M
Perp $3.42MSpot $0
Open interest5 perps
$3.15M
1h — 24h —
Funding, 8hOI-weighted
0.0650%
≈71% APRlongs pay shorts
Liquidations 24hpartial
$369
Longs $369Shorts $0
Volume spikes 24hpartial
0
Net spike flow$0

CP open interest, funding and liquidations history

From recorded history, hourly

CP open interest is up 155.2% since 13:15 UTC on 27 Sep, from $590K to $1.51M. CP funding has averaged 0.0394% per 8 hours since 13:15 UTC on 27 Sep (≈43% APR), positive in 100% of hourly readings, so longs mostly paid shorts. $369 of CP positions were liquidated since 13:15 UTC on 27 Sep: $369 longs (100.0%) and $0 shorts.

CP price

Chart: TradingView Lightweight Charts™

CP open interest

All perps, USD

Chart: TradingView Lightweight Charts™

CP funding rate

OI-weighted, 8h

Chart: TradingView Lightweight Charts™

CP liquidations

Longs up, shorts down

Chart: TradingView Lightweight Charts™

CP CVD and taker flow

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

Chart: TradingView Lightweight Charts™

CP 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 CP_USDT 0.01339 — — $256K 0.0854% $1.44M — — — Trade
Bitget perp CPUSDT 0.01339 +0.32% — $831K 0.0986% $660K +0.48% — — Trade
Bybit perp CPUSDT 0.01338 +0.38% — $1.28M 0.0100% $584K +0.58% -1.33% — Trade
Gate perp CP_USDT 0.01339 +0.23% — $218K 0.0336% $263K +0.08% — — Trade
KuCoin perp CPUSDTM 0.01341 — — $835K 0.0100% $201K — — — Trade

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

All coins' long/short ratios →

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

Spikes on record0

No CP volume spikes since the server started ~5h 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.

CP liquidations: long vs short

All liquidations →

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

About the CP numbers

CP 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 CP 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.

CP open interest

Open interest is the USD value of all open CP 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.

CP 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.

CP volume spikes

A spike is a minute where one CP 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.