Coinglass
Crypto · Derivatives & Futures
Essential derivatives dashboard — funding rates, open interest, and liquidation maps across exchanges.
Overview
Coinglass is one of the most widely used dashboards for crypto derivatives data. It aggregates funding rates, open interest, long/short ratios and liquidation data across the major exchanges, giving a clear read on leverage and positioning that spot prices alone can't show.
Traders use it to gauge when the market is overheated — crowded longs paying high funding, stretched open interest — and to anticipate the liquidation cascades that cause sharp wicks. Most core data is free, making it a staple for anyone watching the futures side of the market.
Best for
- Tracking funding rates and open interest
- Reading long/short positioning and leverage
- Watching liquidation levels and cascades
- Gauging when the market is overheated
Key facts
- Category: Crypto
- Group: Derivatives & Futures
- Website: coinglass.com
- Listed on: Market Hub
Frequently asked questions
Is Coinglass free?
Most of the core derivatives data — funding, open interest, liquidations — is free to view, with optional paid features for heavier users.
What is a funding rate?
A periodic payment between longs and shorts on perpetual futures. Persistently high positive funding means crowded longs paying to stay in — often a sign of an overheated market.
What does open interest tell me?
The total value of open futures contracts. Rising open interest into a move shows conviction; a sharp drop usually means positions closing or being liquidated.