# SQDUSDT: Recorded Market State

Live SQDUSDT price, funding rate and open interest, plus 90 days of funding history and the ByKaranteli derivatives pressure score.

Source: https://bykaranteli.com/symbols/SQDUSDT · attribute to ByKaranteli and quote the timestamp.
Snapshot taken 2026-10-17T19:35:51.000Z.

## Live market

Binance USDT-M perpetual, read 2026-10-17 19:35 UTC.

| Mark Price (USD) | Index Price (USD) | Funding Rate (% per interval) | Basis (%) |
| ---: | ---: | ---: | ---: |
| 0.02045 | 0.02042 | +0.0050 | +0.151 |

## Derivatives pressure

Computed 2026-10-17 19:35 UTC. Score is 0 to 100; the side is the one adding pressure.

| Score | Side | Regime | OI 1h (%) | OI 4h (%) | OI 24h (%) | Funding (%) | Basis (%) |
| ---: | --- | --- | ---: | ---: | ---: | ---: | ---: |
| 7 | NEUTRAL | Balanced · low derivatives stress | +0.28 | -0.65 | -2.7 | +0.005 | +0.15 |

## SQDUSDT Funding Rate History

540 settlements over the last 90 days, average +0.0052% per settlement. Positive funding means longs pay shorts.

| Settlement window (UTC) | Settlements | Avg funding (%) | Positive share (%) |
| --- | ---: | ---: | ---: |
| 00:00 | 90 | +0.0053 | 100 |
| 04:00 | 90 | +0.0051 | 100 |
| 08:00 | 90 | +0.0050 | 100 |
| 12:00 | 90 | +0.0055 | 100 |
| 16:00 | 90 | +0.0054 | 100 |
| 20:00 | 90 | +0.0051 | 100 |

## Perp vs index basis · 30d

Daily closes, mark against index. Average +0.163%, high +0.324%, low -0.108%.

| Date (UTC) | Mark close (USD) | Index close (USD) | Basis (%) |
| --- | ---: | ---: | ---: |
| 2026-09-18 | 0.02863 | 0.02854 | +0.292 |
| 2026-09-19 | 0.02905 | 0.02898 | +0.236 |
| 2026-09-20 | 0.02764 | 0.02756 | +0.262 |
| 2026-09-21 | 0.02904 | 0.02899 | +0.176 |
| 2026-09-22 | 0.02995 | 0.02985 | +0.324 |
| 2026-09-23 | 0.02908 | 0.02904 | +0.146 |
| 2026-09-24 | 0.03005 | 0.02997 | +0.265 |
| 2026-09-25 | 0.03106 | 0.03097 | +0.277 |
| 2026-09-26 | 0.03008 | 0.03002 | +0.208 |
| 2026-09-27 | 0.02973 | 0.02965 | +0.281 |
| 2026-09-28 | 0.02959 | 0.02955 | +0.141 |
| 2026-09-29 | 0.02976 | 0.02973 | +0.081 |
| 2026-09-30 | 0.03016 | 0.03011 | +0.172 |
| 2026-10-01 | 0.02971 | 0.02967 | +0.143 |
| 2026-10-02 | 0.02830 | 0.02822 | +0.268 |
| 2026-10-03 | 0.02831 | 0.02826 | +0.162 |
| 2026-10-04 | 0.02957 | 0.02948 | +0.283 |
| 2026-10-05 | 0.02936 | 0.02931 | +0.171 |
| 2026-10-06 | 0.02808 | 0.02804 | +0.143 |
| 2026-10-07 | 0.02692 | 0.02692 | -0.000 |
| 2026-10-08 | 0.02532 | 0.02530 | +0.097 |
| 2026-10-09 | 0.02617 | 0.02615 | +0.090 |
| 2026-10-10 | 0.02673 | 0.02676 | -0.108 |
| 2026-10-11 | 0.02640 | 0.02637 | +0.105 |
| 2026-10-12 | 0.02426 | 0.02426 | +0.000 |
| 2026-10-13 | 0.02477 | 0.02474 | +0.102 |
| 2026-10-14 | 0.02298 | 0.02296 | +0.107 |
| 2026-10-15 | 0.02130 | 0.02127 | +0.126 |
| 2026-10-16 | 0.02141 | 0.02136 | +0.206 |
| 2026-10-17 | 0.02044 | 0.02042 | +0.120 |

## After a liquidation sweep

What SQD's price did in the hours after each of the four map patterns, from our own hourly archive since 2026-08-06; a pattern with fewer than 30 events shows no number.

| Pattern | Events | Median move 1h | Median move 4h | Median move 24h | Base rate | Continued | Reverted in 4h |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cluster within reach | 224 | 0.50% (any hour 0.49%) | 0.97% (any hour 0.95%) | 2.38% (any hour 2.61%) | 47.3% | 47.8% (median -0.04%) | · |
| Lopsided fuel | 510 | 0.50% (any hour 0.49%) | 0.98% (any hour 0.95%) | 2.42% (any hour 2.61%) | 47.3% | 42.9% (median -0.19%) | · |
| Thin side | 62 | 0.57% (any hour 0.49%) | 0.93% (any hour 0.95%) | 2.61% (any hour 2.61%) | 47.3% | 51.7% (median +0.04%) | · |
| Swept level | 184 | 0.54% (any hour 0.49%) | 1.02% (any hour 0.95%) | 2.12% (any hour 2.61%) | 47.3% | 47.9% (median -0.06%) | 41.7% |

- Median move: the median size of the price change 1, 4 and 24 hours after the pattern, either direction; below it, the same median over every hour of the same coins.
- Continued: the share of events in which the price kept going the way the pattern points over 4 hours; below it, the median 4 hour move in that direction (+ is the pattern's way).
- Base rate: the share of all hours after which the price rose over the next 4 hours, the coin flip to hold Continued against.
- Reverted in 4h: swept levels only, the share of events with the price back across the level 4 hours later.
- A pattern with fewer than 30 events shows no number; · marks a value without data.

152,511 map frames of 201 coins since 2026-08-06; computed 2026-10-17 14:41 UTC. A frame is written each hour and reads the price about 40 minutes into the hour; a move is the change in the perpetual's last price from one frame to a later one.

Open the SQD liquidation map: /liqmap/sqd

Not investment advice. SQDUSDT data reflects what our recorders captured for that instrument only. Market data is not a forecast, and past readings do not guarantee future prices.

## Related

- https://bykaranteli.com/symbols/SQDUSDT/markets
- https://bykaranteli.com/liqmap/sqd
- https://bykaranteli.com/pressure
- https://bykaranteli.com/symbols

Everything in one fetch: https://bykaranteli.com/llms-full.txt