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Leverage Dashboard

Aggregated, CoinGecko|Loading...

OI-weighted funding (what the heavy money actually pays) and spot-vs-perp volume — a single lens on leverage pressure across 33 venues.

How to read it: Weighted > Simple = big exchanges are more bullish than small ones (smart money confirming a trend). Weighted < Simple = small venues are frothier than whales, typical late-stage euphoria. Spot/Perp ratio under 0.5 = perp-dominant market (fragile); over 1.5 = spot-driven accumulation (stronger). All funding is 8h-equivalent for cross-venue comparison.