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Derivatives Telemetry

Derivatives & Perpetual Funding

Aggregates real-time derivatives market metrics across Binance, Bybit, and OKX. Surfaces extreme funding rate distortions, long/short squeeze vulnerability, and aggregate open interest momentum.

Query Parameters

string
Filter to a specific asset symbol (e.g. BTC, ETH, SOL). If omitted, returns aggregate data for top liquid derivatives contracts.

Metric Highlights

  • Predicted Funding Rate: Annualized funding fee paid between longs and shorts. Extreme negative funding signals crowded short squeeze conditions.
  • Open Interest ($ USD): Total active contracts committed to perpetual positions.
  • Long / Short Ratio: Ratio of retail vs top trader positions.
  • Liquidation Heatmap: Clustered price zones where high-leverage positions face cascade liquidations.

Code Examples