Perpetual futures
The leverage map: where positions are clustered thickly enough that a move through them accelerates, and who is currently getting liquidated.
Price and where leverage breaks
Dashed lines are price levels with the heaviest clustered leverage — red above spot (shorts at risk), green below (longs at risk). Thicker opacity = more size.
Liquidation imbalance through the window: above zero shorts are the ones getting taken out, below zero longs are.
Clustered levels
How to read this
- Levels are estimated, not a list of real stop orders. Treat them as areas where a move can accelerate, not as targets.
- Price tends to travel toward clusters because forced closes are market orders — but a cluster that everyone can see also invites the opposite trade.
- The imbalance line is a ratio, not a dollar amount: it says who is being hurt right now, not how much is at stake.
Snapshot in words — 23 September 2026, 14:00 UTC
The leverage map covers 15 perpetual futures symbols with up to 105.9 days of collected history; windows with data so far: 12h, 1d, 3d, 7d, 1m, 3m. Reference prices at the time of this snapshot: BTCUSDT at $85,752, ETHUSDT at $2,715. For each symbol the page estimates where leverage is clustered densely enough that a move through it accelerates, and which side is currently being liquidated. Levels are estimated — they are not a list of real stop orders.
This paragraph is a static snapshot, written into the page when the site was last built. The chart, the imbalance line and the level table above load live from the latest published slice. If the two disagree, the live numbers are the current ones.
Data is generated on a schedule from public market sources and shown as-is. Research product, not investment advice. 18+