Open Interest × Price
OI–Price Divergence
USDT perpetuals where futures open interest and spot price disagree on a 4-hour cadence — early read on crowded shorts losing the tape, or trapped longs unwinding into a rip.
Timeframe
4h
Lookback
6 bars
Min 24h Volume
$50.00M
Min Move
±1%
Updated —
Scanning Binance perpetuals…
Bearish divergence: open interest is climbing while price drops — late shorts may be loading into weakness, or longs are getting trapped on the way down.
Bullish divergence: open interest is shrinking while price rises — shorts are covering or longs are taking profit into strength, often a precursor to a continuation squeeze.