Ethereum (ETH) Perpetual Futures
Live Ethereum perpetual-futures data - price, funding rate, open interest, trader positioning and 24-hour liquidations, aggregated across major exchanges. Ethereum is the second-largest perp by volume and open interest, and a key barometer for altcoin risk appetite.
Ethereum (ETH) market read LIVE
It ranks #2 by market cap at $297.09 billion, with $15.39 billion traded across markets in the past day. Over the past week ETH is down 1.3%, and over 30 days up 28.4%. The price sits 51% below its all-time high of $4,946 (set in 2025). Over the last 7 days our collector recorded $828.2 million of ETH positions being force-closed across 41,868 individual liquidations. The heaviest single day was 11 September at $268.4 million, overwhelmingly shorts. Across those 7 days the damage split roughly 56/44 between longs and shorts, with neither side clearly on the wrong foot. You can see the day-by-day figures, including the biggest single liquidation and the busiest hour, in our dated liquidation archive.
| Market cap | $297.09 billion | rank #2 |
|---|---|---|
| 24h spot volume | $15.39 billion | |
| 7-day change | -1.3% | |
| 30-day change | +28.4% | |
| All-time high | $4,946 | -51% from here |
| Liquidations, 7-day average | $118.3 million / day | our own daily records |
| Heaviest of those days | $268.4 million | 2026-09-11 |
Written from live exchange-aggregated derivatives data · updated 2026-09-17 10:17 UTC · the numbers on this page refresh continuously.
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Ethereum perpetual futures, explained
A ETH perpetual future (perp) lets you trade Ethereum with leverage and no expiry. The funding rate keeps the perp price tethered to spot - positive funding means ETH longs are paying shorts (crowded longs), negative means the reverse. Open interest is the total value of open ETH positions; a fast rise means new leverage is flowing in. Liquidations show where over-leveraged ETH traders got force-closed - long liquidations on drops, short liquidations on rallies.
How to use this ETH dashboard
Read the four numbers together. Heavy positive funding plus lopsided long positioning and rising open interest is a crowded long setup that can unwind sharply. A spike in long liquidations often marks a local ETH bottom; a wave of short liquidations can fuel a squeeze higher. Confirm entries on the technical screener and size with the ETH liquidation calculator so leverage never puts you closer to liquidation than you intend.
Trading Ethereum (ETH) with leverage
Ethereum is the second-largest perp by volume and open interest, and a key barometer for altcoin risk appetite. When you trade ETH on leverage, the single most important number is your liquidation price. At 100× a roughly 1% move against you is a wipeout; at 10× it takes about a 9–10% move; at 5× closer to 18%. Because Ethereum can move several percent in a session, traders who last keep ETH leverage modest and set a stop-loss inside the liquidation level rather than chasing the maximum the exchange allows. Work out exactly where a ETH position would be liquidated with the liquidation calculator, and how funding drains margin over a multi-day hold with the funding-fee calculator.
The four live numbers above tell you how crowded and leveraged the ETH market is right now - read them together. Then screen the whole market on the futures screener, watch real ETH liquidations stream in on the live liquidations feed, and rehearse any ETH idea at the live price with zero risk on the ETH paper-trading terminal before you commit real margin.
ETH data aggregated across major exchanges (deepest market shown). For information only - not financial advice.