Funding across eight venues, on one screen

The screener

Every instrument you can trade, with its funding rate, open interest, volume and 24-hour change, sortable on any column and filterable to the venues you care about. The comparison is the feature: a single venue's funding tells you about that venue's book, while eight venues agreeing tells you about the market.

The heatmap

The same universe rendered as area, sized by volume or open interest, with crypto and tradfi side by side. Rotation is a shape before it is a number — a sector inflating relative to the rest is visible here well before it shows up in any watchlist you maintain by hand.

Reading funding without fooling yourself

• Extreme on one venue only — usually a local book imbalance, not a signal. Check the others first.
• Extreme everywhere, rising OI — a crowded position building. This is the read funding is actually good for.
• Extreme everywhere, falling OI — a crowded position unwinding, which is a different trade entirely.
• Funding against price — the case worth investigating: paying to hold a position that is not working.

Open interest history

Open interest is charted over time rather than shown only as a current value, because the direction of OI is what separates a build from an unwind. Combined with the funding column, that is the whole positioning picture in two numbers.