Sui Open Interest & Positioning SUI/USDT
Sui (SUI) open interest analysis tracks the total value and rate of change of outstanding SUI/USDT perpetual futures positions. Rising OI with directional price movement signals conviction; OI divergence from price flags positioning mismatches that often resolve with sharp moves.
Live Signal Status
Live SUI/USDT perpetual futures data. Day trading mode. Refreshes every 5s.
Sui Open Interest Overview
Sui perpetual futures currently hold $4.67B in open interest with a +1.62% change ($61M increase). Moderate OI change suggests stable positioning with neither aggressive buildup nor mass exodus.
Key positioning metrics
Shorts dominate — crowded short positioning may precede a squeeze if price rises. Derived from top trader accounts and cross-exchange data.
Professional traders are net long — aligns with the current bearish composite bias.
Low leverage risk — reduced cascading risk, but also lower volatility potential.
Stable position flow — this rate of change is moderate for SUI perpetual futures.
OI-Price Divergence Analysis
Blackperp continuously monitors the relationship between Sui open interest and price to detect divergence patterns. When OI rises while price falls (or vice versa), it signals a potential positioning mismatch that often resolves with a sharp directional move.
Current state: SUI is in a ranging regime with bearish bias (-25). The positioning category reads strong bullish (+75), suggesting new longs are being opened with conviction.
Signal Category Alignment
| Category | State | Score | Label |
|---|---|---|---|
| momentum | bearish | -79 | Strong Bearish |
| liquidity | bullish | +55 | Strong Bullish |
| positioning | bullish | +75 | Strong Bullish |
| smartMoney | bullish | +69 | Strong Bullish |
| volatility | bearish | -48 | Strong Bearish |
Disclaimer: This analysis is generated by a quantitative system processing market data in real time. It is not financial advice. Trading Sui perpetual futures involves substantial risk of loss. Past signal performance does not guarantee future results.
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Frequently Asked Questions
What does SUI open interest tell traders?
Sui open interest represents the total value of outstanding perpetual futures contracts. Rising OI means new positions are being opened; falling OI means positions are being closed. The direction of OI relative to price reveals whether the trend has genuine conviction.
How does Blackperp use SUI OI data?
Blackperp processes Sui OI through multiple signals: raw OI level, OI delta (rate of change), OI-price divergence, and OI momentum. These feed into the positioning category, which is one of the highest-weighted inputs to SUI's composite bias.
What does rising OI with falling SUI price mean?
When Sui OI rises while price falls, it typically signals aggressive short positioning. This builds pressure for a short squeeze if price reverses upward, as shorts would be forced to close. Blackperp's OI-price divergence signal detects this pattern.
How reliable is the SUI long/short ratio?
The Sui long/short ratio from top traders provides a useful sentiment gauge but should not be used in isolation. Blackperp combines it with funding rate, OI momentum, and cross-exchange data for a more robust positioning assessment.
What is estimated leverage for SUI?
Estimated leverage measures the ratio of Sui open interest to market cap, indicating how much leverage is being used market-wide. Higher estimated leverage means more positions are at risk of liquidation during volatile moves.