According to EnsoTrade order-flow data, RAY is up 8.41% over 24h: new leveraged longs are driving the move (price and open interest rising together). Longs are paying shorts (+0.0100%/8h), a crowded-long tilt; open interest rose 0.6% over the last 6h. Perp trades at a -0.154% discount to spot.
| Price | $0.649 |
|---|---|
| 24h change | +8.41% |
| Order-flow regime | EXPANSION |
| Funding rate (8h) | 0.01% |
| Open interest | $758,030 |
| OI change (6h) | +0.63% |
Raydium's short-term moves come from derivatives positioning, not just spot. EnsoTrade reads three live signals: funding (which side is crowded), open interest (new money vs unwinding), and order flow (which side of the book is absorbed). Together they show if a move is real or a trap.
Go deeper on Raydium: Raydium funding & crowding · Raydium order flow.
Live order flow, dealer gamma, options & on-chain in one cockpit. Institutional depth, retail price.
Start free →