Optimism (OP) Perpetual Futures
Live Optimism perpetual-futures data — price, funding rate, open interest, trader positioning and 24-hour liquidations, aggregated across major exchanges. Optimism is a major L2 perp that moves with the broader rollup narrative.
Optimism (OP) market read LIVE
Optimism (OP) is trading at $0.0851, little changed over the last 24 hours. It ranks #163 by market cap at $194.6 million, with $26.6 million traded across markets in the past day. Funding is positive at +0.0100% — OP longs are paying shorts to hold their positions, a long-tilted market. Open interest across major exchanges stands at $45.9 million, up 408.0% in a day as new leverage enters — about 24% of the coin's entire market cap sitting in open perp positions. Liquidations have been quiet — under $50K of OP positions were force-closed in the past 24 hours. Account positioning is close to balanced: 50.3% of accounts are long, 49.7% short — no crowded side. Over the past week OP is down 9.4%, and over 30 days down 20.6%. The price sits 98% below its all-time high of $4.84 (set in 2024).
Written from live exchange-aggregated derivatives data · updated 08:28 UTC · the numbers on this page refresh continuously.
Optimism perpetual futures, explained
A OP perpetual future (perp) lets you trade Optimism with leverage and no expiry. The funding rate keeps the perp price tethered to spot — positive funding means OP longs are paying shorts (crowded longs), negative means the reverse. Open interest is the total value of open OP positions; a fast rise means new leverage is flowing in. Liquidations show where over-leveraged OP traders got force-closed — long liquidations on drops, short liquidations on rallies.
How to use this OP 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 OP bottom; a wave of short liquidations can fuel a squeeze higher. Confirm entries on the technical screener and size with the OP liquidation calculator so leverage never puts you closer to liquidation than you intend.
OP data aggregated across major exchanges (deepest market shown). For information only — not financial advice.