MUBARAK Perpetual Futures

The open-interest-weighted MUBARAK funding rate is +0.0052% per 8 hours, or +5.68% annualised. Positive funding means longs pay shorts. Across exchanges it ranges from -0.0041% on Kraken to +0.0050% on Binance. Compare all funding rates.

MUBARAK perpetual open interest is $42.68M (816.15M MUBARAK), down 1.95% in 24 hours. Binance holds the most at $15.10M. That is 81.50% of Mubarak's market cap.

MUBARAK is a memecoin on BNB Chain whose name is the Arabic word for blessed. It has no protocol or revenue behind it, and its price depends on community interest and trading activity. Its perps let traders go long or short with leverage on centralised exchanges.

Mubarak perps traded $16.25M in the last 24 hours, +0.32% on the day before. Binance leads with 43%, followed by OKX ($2.92M) and BingX ($2.37M).

Over the last 24 hours 49.9% of accounts are long and 50.1% short, a long/short ratio of 1.00. See the long/short ratio by exchange.

MUBARAK trades on attention, so social media momentum can lift or sink it quickly. Its market is far smaller than large-cap coins, which means modest orders and forced liquidations move price further. Leverage in the perps market can turn a sharp drop into a cascade as stops and liquidations trigger in sequence.

MUBARAK was launched on BNB Chain, the network linked to the Binance ecosystem, where it trades on decentralised exchanges such as PancakeSwap. Perps on centralised venues track that market and settle in USDT. Traders using perps therefore do not need a BNB Chain wallet to take a position.

$5.1K of MUBARAK positions were liquidated in 24 hours, $4.2K longs and $854 shorts. Binance saw the most at $4.8K. See liquidations across the market.

Treat extreme funding as a sign of crowding. Strongly positive funding after a rally means longs are paying a high price to keep positions open, and strongly negative funding after a sell-off shows the same for shorts. Either extreme raises the odds of a squeeze, so funding works best read alongside open interest.

MUBARAK perpetual futures are derivatives contracts that track the price of MUBARAK and never expire. Instead of settling on a date, they use a funding rate to stay close to the spot price. You can go long or short with leverage without holding any MUBARAK.

Funding is a payment between longs and shorts. When MUBARAK perps trade above the index price, funding is positive and longs pay shorts. When they trade below it, shorts pay longs. Most exchanges settle every 8 hours and some, including Hyperliquid, settle every hour.

MUBARAK perps trade on 10 tracked exchanges. By volume the largest are Binance, OKX and BingX. Compare fees and features on the best perpetual exchanges.

Coinperps does not give trading advice. Funding, open interest, the long/short ratio and liquidations show how other traders are positioned, but crowded positioning can last longer than expected. Size positions so a liquidation would not hurt you.