OP price vs open interest, last 48 hours
Reading positioning…
The chart reads every hour of the last two days: is new money opening positions while price moves (rising open interest), or are positions being closed (falling)? The badge under it names the current state.
Optimism futures: the last 30 days
Snapshot from Binance data as of 2026-11-13 (UTC). The live panels above update in real time.
| Price change (30d) | −33.2% |
| 30-day range | 0.09046 – 0.16238 |
| Open interest change (30d, contracts) | −19.5% |
| Open interest now (USD) | $12.1M |
| Average funding per 8h | −0.0012% |
| Funding positive | 51% of 90 settlements |
| Highest funding | +0.0100% on 1 Nov |
| Lowest funding | −0.0570% on 31 Oct |
Over the month, price and open interest both fell — positions were closed rather than added. Funding was positive 51% of the time, so on balance shorts paid longs to hold their positions. The most crowded short side showed up on 31 Oct, when funding reached −0.0570%.
See every OP funding payment, with 7- and 30-day totals and the annualised rate: OP funding rate history → · Crowd positioning: live long/short ratio →
How to read OP open interest and funding
- Price up, OI up — new longs are funding the move. The strongest kind of OP rally.
- Price up, OI down — shorts are covering. Fast, but often short-lived.
- Price down, OI up — new shorts are pressing.
- Funding deeply negative — shorts are crowded and paying to stay in: fuel for a squeeze if price turns.
- Funding very positive — longs are crowded; late longs can become exit liquidity.
More detail in the open interest guide and the funding rate guide.
OP scans to set alerts on
OP breakout with new money
Trend, momentum and fresh positioning on OP — get a push alert the moment it lines up.
OP short-squeeze watch
Crowded shorts still adding, while price breaks yesterday’s high.
Frequently asked questions
What is OP open interest today?
The live panel above shows OP open interest on Binance USDT-M perpetuals in US dollars, refreshed every minute. On 2026-11-13 it stood at about $12.1M, −19.5% in contracts over the previous 30 days.
Is the OP funding rate positive or negative?
Check the live tile for the current rate. Over the 30 days to 2026-11-13, OP funding was positive 51% of the time and averaged −0.0012% per 8-hour interval, so on balance shorts paid longs.
How often is OP funding paid on Binance?
Every 8 hours on the OPUSDT perpetual. The countdown in the live panel shows the time to the next settlement.
Can I get an alert when OP open interest or funding changes?
Yes. In the CryptoScanX app you can scan OP (and 900+ other perpetuals) for conditions like “OI Change %(24h) ≥ 10” or “Funding Rate % ≤ −0.03” and get a push alert when it matches.