📊Market Data

Get important and up-to-date market information, including BTC-ETF flows, funding rates, and open interest (OI). This data will help you better understand market dynamics and make informed trading decisions.

Top OI

Track the OI gainers and losers. The Gainers and Losers filters are mandatory to activate ✅. You must select one or both of them. You must also select one of the time intervals: every 30 minutes or receive every hour (you can select both of these filters). Example | example | example | example | example | example | example | example

The OI metric is updated in real-time and provides traders and analysts with valuable information to understand market dynamics. Additionally, tracking changes in open interest over time can help identify trends in market sentiment and trading activity. In general, increases or decreases in open interest can provide important information about market liquidity, price volatility, speculative sentiment, and risk management for crypto market participants. Read more in Signals -> OI Alerts

Top Funding

This indicator allows you to track the top 10 tokens with positive and negative funding rates. Helps identify short-term trading or arbitrage opportunities through anomalies in funding rates.

The "Highest" and "Lowest" filters are mandatory to activate ✅. You must select one or both of them. It is also mandatory to select one of the time intervals (you can select multiple filters). If you prefer to receive notifications less frequently, you will select "Every 4 h" to receive lists every 4 hours. Don't forget to also select the bot and activate the category.

Funding rates are fees set by cryptocurrency exchanges to maintain the balance between contract prices and the prices of the underlying assets, usually applied to perpetual contracts. During a bull market trend, the funding rate is usually positive and increases over time, with long positions paying the funding rate to short positions. In contrast, during a bear market, the funding rate is usually negative, with short traders paying fees to long traders.

In practice, a positive or negative funding rate can be used to determine market sentiment and liquidity. When the funding rate is positive, it indicates that long positions are paying short positions, which may mean that the market is overbought and the bullish trade is too intense and may need to be corrected or adjusted. And vice versa.

For traders looking to participate in perpetual futures trading, a negative funding rate can provide an arbitrage opportunity as they can take advantage of the situation by holding long positions and receiving funding payments.

💡 All rates shown are 8-hour rates; dYdX rates are multiplied by 8 as they are in hourly rates. Note that the actual timing of funding rates has a 15-second variance.

⚠️ You should assess the situation and decide whether to open or close positions based on the specific circumstances, rather than blindly following market sentiment. Traders should remain vigilant to market changes and funding rates and adopt appropriate risk management strategies.

Arbitrage Funding

Cross-exchange funding arbitrage involves combining long positions with low funding rates on one exchange with short positions with higher funding rates on another exchange to make a profit. Funding rates are periodic payments between long and short traders that keep the price of a perpetual contract close to the price of the underlying.

There are two main types of funding rate arbitrage:

1. Spot to perpetual - involves executing two trades in opposite directions at the same time, with equal volumes and offsetting profits and losses in both spot and perpetual contracts. The goal is to earn funding fee income from trading perpetual contracts.

When the funding rate is positive, buying spot and selling an equivalent position in perpetual contracts generates a steady income from the funding fee. This type of arbitrage is also known as positive arbitrage. When the funding rate is negative, selling the borrowed coins on the leveraged spot market and buying the equivalent leveraged perpetual contract position will generate a steady income from the funding fee. It is important to note that there is an interest charge when borrowing the coins. Generally, if the funding fee can cover the interest from the spot leverage, then this arbitrage opportunity is worth considering.

1. Different Funding Rates Arbitrage is another trading strategy that takes advantage of the difference in funding rates for the same cryptocurrency perpetual contract between exchanges. It involves combining long positions with low funding rates from one exchange with short positions from another exchange with higher funding rates to make a profit. Funding rates are periodic payments between long and short traders that ensure the price of the perpetual contract is maintained close to the price of the underlying asset.

⚠️ Notes on Funding Rate Arbitrage Reduce leverage to avoid liquidation. Since perpetual contract prices move in tandem with spot price changes, the risks of Funding Rate Arbitrage are reduced or even absent. However, users should be aware of the liquidation risks caused by large price swings. Do your market research and be careful when choosing tokens to choose the right token with a higher funding rate that will last for a long time. Slippage may occur if a large investment is made in a small-cap token with limited market depth.

Thus, Funding Rate Arbitrage can provide a stable return, but it does come with risks. In extreme situations where prices rise in either direction, there is a risk of liquidation on the other side of the position. Therefore, when engaging in Funding Rate Arbitrage, it is important to consider how to control the position size to avoid liquidation risks, trading fees, market depth, and other factors. DYOR | NFA

ETF Crypto

This screener provides up-to-date information on the top 10 BTC ETFs: the number of coins and the percentage change over the last 7 days. A notification with a list comes twice a day. In this category, it is enough to select a bot and enable the category itself ✅ to automatically receive messages.

A BTC exchange-traded fund (ETF) is a financial instrument that offers investors access to the Bitcoin market. Unlike the asset itself, BTC-ETFs are traded on traditional stock markets or exchanges and are intended for mainstream investors who do not want to buy coins directly.

Gainers & Losers

Top 10 tokens by price increase and decrease over the last 24 hours. The filters "Gainers" and "Losers" are mandatory for activation ✅. You must select both or one of them. You must also select one of the time intervals (you can select multiple filters). If you prefer to receive notifications less frequently, select "Every 12 h" to receive lists every 12 hours. Don't forget to select a bot and activate a category.