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BNBBNB

Rank #41 of 50$568.72
OVERHEATED
18IOX RANK

Crowded longs — leverage is piled in on this coin. Coins in this bucket have historically lagged the average coin over the next week.

Higher than 18% of the 50 coins we rank today. IOX is a crowding rank (0–100), not a probability — IOX 18 does not mean a 18% chance the price goes up.

IOX 100 = least crowdedIOX 0 = most crowded
P · outperform peers · 7d49.5%
-0.5 pts off a 50% coin-flip — a modest, honest tilt.80% of 7-day outcomes land within ±8.7% — the model’s global calibration band, the same on every coin because we rank crowding, not the return.
7-day funding+0.006%/8h
IOX rank18/100

Recent & coverage

IOX rank · 7-day change818 10higher = less crowded
7-day funding · change+0.008%+0.006%per 8h
Funding vs its own range86 pctile100 = most crowded it’s been (56d)
Tracked since2026-05-2956 daily scores on record

Source: Binance perpetual funding · model iox-v1 · S=-z(funding_7d) · 1 factor (out-of-sample-tested) · recomputed daily, saved point-in-time before the outcome is known.

Tension — the coiled spring

context, not scored

The funding rate is the fee traders pay to keep a leveraged bet open. When that fee gets big — in either direction — the market in BNB is lopsided and wound up like a spring. Wound-tight coins have historically moved harder than usual over the following days; which way is unknown.

74tension pctile
relaxedwound tight

ELEVATEDMore wound-up than most coins today — historically a modest lean toward bigger-than-usual moves, direction unknown.

The stretched side here is the long side — bets on a rise are paying the fee. That does not mean “it will rise” — see the crowding read above: crowded longs have, if anything, historically lagged.

Tension = the size of 7-day funding, sign ignored, ranked across the 68 coins scored today. Tested on 2019→2026 history including delisted coins (adding them back roughly halves the effect — we quote the smaller number). A real but modest lean, not an explosion predictor. Most of these coins have no options market — no implied-volatility gauge exists for them, so this crowding-based read is a rare forward-movement gauge. Not part of the IOX score · not advice. How we validated this →

Why this read

Its 7-day funding sits high versus the rest of the liquid universe — traders are paying to stay long, the classic sign of a crowded trade.

IOX ranks BNB on one factor that held up in honest out-of-sample testing — funding crowding. It is a calibrated read of how crowded the leverage is, shown with its uncertainty — not a price prediction. On any single coin, the next move is close to a coin-flip; the small edge shows up only on average, across the whole ranked list — never on one name. And even that edge is small and not yet proven, being verified live in the open on the track record.

What this is not

  • Not a buy signal — a calm setup is not a guaranteed gain.
  • Not a short signal — a crowded setup is not an automatic short.
  • Not a price target or a prediction of where BNB goes next.
  • Not investment advice — it’s research; you decide.
IOX = funding crowding · 1 factor held up out-of-sample · calibrated · scored 2026-07-23 · not investment advice