Funding Rate & OI Radar [StrixEDGE]What It Does
Funding Rate & OI Radar is a multi-symbol derivatives dashboard that consolidates funding rate intensity, open interest momentum across three timeframes, and price-OI divergence signals into a single on-chart table. It is designed for perpetual futures traders who need to read market positioning at a glance — without switching tabs or charts.
The indicator tracks up to 5 perpetual contract symbols simultaneously, surfaces extreme funding conditions as they develop, and flags structurally weak rallies or drops where price and open interest are moving in opposite directions.
Core Features
Funding Rate with Color Intensity
Funding rate values are color-graded by severity — from dim neutral tones near zero, through elevated orange, to extreme red (longs paying) or bright green (shorts paying). Extreme readings trigger a highlighted cell background so they stand out immediately during fast-moving markets.
Open Interest Change — 1H / 4H / 24H
Three separate OI delta columns show how positioning is shifting across intraday, swing, and daily windows. Each cell includes a directional arrow (▲ ▼ ►) and percentage change, color-coded against your configured alert threshold. This gives you a layered read: is OI building across all timeframes, or only spiking on the short window?
Price-OI Divergence Detection
The SIGNAL column cross-references 24H price change against 24H OI change and classifies the move:
- WEAK▲ — Price rising but OI declining. Rally lacks new capital commitment. Potential short squeeze or exhaustion move.
- WEAK▼ — Price falling but OI rising. New positions opening into the drop. Potential capitulation trap or forced selling.
- STRONG▲ — Price and OI both rising. New money entering on the long side. Structurally supported move.
- STRONG▼ — Price and OI both falling. Positions closing out. Orderly deleveraging.
- NEUTRAL — No meaningful divergence.
Weak signals receive a highlighted background row to ensure they are not missed.
Multi-Symbol Table
Monitor BTC, ETH, SOL, and two custom perpetual contracts of your choice — all rendered in a single dashboard. The table includes configurable column visibility, so you can strip it down to just FR + divergence, or run the full 8-column view.
Aggregate Sentiment Footer
The bottom row averages funding rates across all active symbols and classifies the overall market into one of seven sentiment tiers — from 🟢 EXTREME FEAR through ⚪ NEUTRAL to 🔴 EXTREME GREED. A fast, blunt read on whether the derivatives market is skewing overleveraged in either direction.
Alerts
Four built-in alert conditions, all routed through PulseWire's native alert system:
- Extreme Funding Rate — Any tracked symbol's absolute FR exceeds your configured threshold (default: 0.05%/8h).
- OI Surge — Any symbol's 1H OI change exceeds your OI alert threshold (default: 5%).
- OI-Price Divergence — A WEAK▲ or WEAK▼ signal fires on any tracked symbol.
- Sentiment Extreme — Aggregate average FR across all symbols reaches the extreme zone.
Data Sources & Configuration
The indicator supports two modes for funding rate data:
- Ticker Mode (default) — Pulls funding rate from your exchange's dedicated FR data feed using a configurable ticker suffix (default: `_FR`). Requires the exchange to publish FR data through PulseWire.
- Basis Proxy Mode — Estimates the implied 8-hour funding rate from the perpetual-spot price spread: `(Perp − Spot) / Spot / 3`. Useful when direct FR tickers are unavailable. Note: this is an approximation, not the actual settlement rate.
Open interest data is fetched via configurable OI ticker suffix (default: `_OI`).
Important: Ticker formats vary across exchanges and PulseWire data providers. If columns display "N/A", adjust the OI/FR suffix inputs under 🔌 Data Sources to match your exchange's naming convention. Consult your exchange's PulseWire symbol search for the correct format.
Settings Overview
📊 Symbols — Exchange selector, 3 default symbols (BTC/ETH/SOL perpetuals), 2 optional custom slots.
🔌 Data Sources — OI suffix, FR suffix, FR method toggle, spot suffix override for basis proxy.
🚨 Thresholds — Extreme FR level, elevated FR level, OI alert percentage. These control both color intensity breakpoints and alert trigger levels.
🎨 Display — Table position (8 positions), text size (Tiny / Small / Normal / Large).
📋 Columns — Individual toggles for Price, Price Δ24H, Funding Rate, OI Δ1H, OI Δ4H, OI Δ24H, Divergence Signal, and Sentiment Footer. Disable any column you don't need to keep the table compact.
Technical Notes
- Uses 25 `request.security()` calls across 5 symbols (well within Pine Script's 40-call limit).
- OI changes are calculated from actual multi-timeframe requests (60min, 240min, Daily) — not bar-count estimates — so they remain accurate regardless of your chart's timeframe.
- Table renders only on the last bar (`barstate.islast`) for performance.
- Inactive custom symbol slots (left blank) fall back to the primary ticker internally and are hidden from the table.
How to Read It
Open the indicator on any chart. The table appears as an overlay (default: top-right corner). Scan left to right:
1. Symbol — Which asset.
2. Price — Current perpetual price.
3. Δ24H — Daily price change. Green = up, red = down.
4. FR /8h — Current funding rate per 8-hour interval. Bright color = elevated. Highlighted background = extreme.
5. OI Δ1H / 4H / 24H — Open interest change with directional arrows. Look for alignment across timeframes (all rising = strong conviction) or divergence (1H spiking, 24H flat = short-term noise).
6. SIGNAL — Divergence classification. WEAK▲ and WEAK▼ are the actionable signals — they indicate structural fragility in the current move.
7. Sentiment — Aggregate market tilt from combined funding rates.
Use Cases
- Scalpers & intraday traders — Monitor 1H OI spikes alongside funding rate to detect short-squeeze or long-squeeze setups forming in real time.
- Swing traders — Use the divergence signal column to filter entries. Avoid longing into WEAK▲ conditions; avoid shorting into WEAK▼.
- Portfolio monitors — Track funding costs across multiple positions simultaneously. Elevated aggregate sentiment warns of crowded positioning before liquidation cascades.
Complementary Tools
Designed to pair with liquidity heatmaps and liquidation level estimators. Funding rate tells you who is paying whom. OI tells you how much is at stake. Liquidity maps tell you where the pressure points are. Together, they give a full derivatives positioning read. Indicator
Indicator
Indicator
Funding Carry Stress Map [AGPro Series]Funding Carry Stress Map
🧠 Core Idea
Is the market carrying a hidden derivatives premium or discount that is becoming crowded enough to matter?
📌 Overview / What it does
Funding Carry Stress Map is a crypto derivatives context tool designed to estimate when perpetual-style premium, carry pressure, basis drift, and volatility-adjusted crowding are becoming structurally relevant on the chart.
The script compares the active chart symbol against a user-selected spot reference, builds a smoothed carry baseline, measures premium/discount deviation, evaluates persistence, and converts the result into a visual carry stress framework. It produces a projected carry stress corridor, state labels, right-side tags, alerts, and a compact AG Pro dashboard.
It does not read official exchange funding payments, automate trades, predict future price direction, or promise that elevated carry stress must reverse. It is a structured analytical layer for reading derivatives pressure, premium imbalance, discount imbalance, carry squeeze risk, and cooling behavior.
🎯 Purpose & Design Philosophy
This script was built to fill a gap in the public AGProLabs lineup: most chart tools focus on trend, volume, support/resistance, momentum, or volatility. Crypto traders also need a clean way to think about derivatives-side pressure without turning the chart into a noisy data terminal.
The design goal is to make carry stress visible as a chart story. Instead of showing only a raw spread number, the script asks whether premium/discount is large, unusual, persistent, and supported by enough volatility context to deserve attention.
It is built for traders who want to monitor crowded long carry, crowded short carry, squeeze risk, and stress cooling while still making their own decisions from broader market context.
⚡ Why This Script Is Different
Most tools either show generic premium/basis values or treat funding-related pressure as a simple bullish/bearish signal.
This script does NOT claim to know the next candle, does NOT treat carry pressure as an automatic reversal signal, and does NOT depend on official funding-rate feeds that may not be available on every chart.
Instead, it converts spot-vs-active-symbol premium behavior into a structured carry stress map: premium size, normalized basis deviation, persistence, volatility rank, price reaction, and cooling behavior are combined into one visual decision-support framework.
⚙️ Methodology
1. Context Detection
The script reads the active chart price and a spot reference. By default, it automatically builds that reference from the chart base currency, selected exchange, and selected quote.
2. Reference Mapping
The premium series is smoothed into a carry baseline. The script then measures how far current premium/discount has moved away from that baseline.
3. Reaction Evaluation
The model evaluates basis z-score, absolute premium percentage, persistence across a recent window, volatility rank, and whether price is starting to reject the crowded side.
4. Visual Output
The result is displayed as a carry stress corridor, event labels, right-side tags, and a dashboard panel showing state, stress score, premium, basis z-score, persistence, volatility rank, and current interpretation.
🗺️ How to Read the Chart
The carry stress corridor represents the active price area where derivatives-side pressure is being monitored.
Labels mark important state transitions such as premium stress, discount stress, carry squeeze risk, and carry cooling.
Colors communicate state:
• Pink = positive carry / long-crowding stress
• Teal = negative carry / short-crowding stress
• Yellow = squeeze-risk reaction
• Indigo = cooling or neutralization
The panel summarizes the current condition so the user can quickly read whether carry pressure is low, watch-level, elevated, or extreme.
🚦 Signals & States
• Premium Stress → positive premium/carry pressure is active and persistent enough to monitor
• Discount Stress → negative premium/discount pressure is active and persistent enough to monitor
• Carry Squeeze Risk → elevated carry pressure is present while price begins reacting against the crowded side
• Carry Cooling → previously meaningful carry stress has faded below the model’s cooling zone
• Reset → no active carry imbalance is strong enough to dominate the current read
🔔 Alerts Logic
Alerts trigger when the internal state changes into one of the selected alert conditions.
Premium Stress alerts mark a transition into meaningful positive carry pressure.
Discount Stress alerts mark a transition into meaningful negative carry pressure.
Carry Squeeze Risk alerts mark a transition where crowded carry pressure and adverse price reaction align.
Carry Cooling alerts mark a transition where carry stress has materially faded.
Alerts are attention markers, not trade instructions.
🧩 Confluence Logic
The strongest context appears when multiple components align:
When premium size + basis z-score + persistence + volatility rank align, the carry stress score becomes more meaningful.
When that elevated score also appears with price rejection against the crowded side, the context shifts from simple premium/discount monitoring into potential squeeze-risk awareness.
📊 When to Use
• Crypto perpetual and futures markets where a spot reference can be selected
• Perpetual charts compared against their closest spot market
• High-interest crypto pairs where basis and carry pressure can influence behavior
• Volatile sessions where crowded positioning may matter more than usual
• Market regimes where traders want to monitor long-crowd or short-crowd pressure
⚠️ When NOT to Use
• Illiquid symbols with unreliable spot or futures pricing
• Charts where the selected spot reference is not comparable to the active symbol
• Markets with very noisy or fragmented data
• Extreme news events where spread behavior can become unstable
• Non-crypto symbols unless the user deliberately selects a meaningful reference
🎛️ Key Inputs
• Auto Spot Reference → automatically builds the spot reference from the chart base currency, selected exchange, and selected quote
• Carry Baseline Length → controls how quickly the premium baseline adapts
• Stress Normalization Lookback → controls how far back the script looks to judge unusual basis behavior
• Persistence Window → measures whether carry pressure persists across several bars
• Premium Stress Threshold % → defines the minimum premium/discount level required for active stress
• Reference Mismatch Guard % → prevents mismatched symbols from being interpreted as real carry stress
• Basis Z-Score Threshold → defines how unusual the spread must be before stress can activate
• Visual Settings → control corridor projection, labels, right-side tags, bar colors, and font sizes
🖥️ Interface & Visual Design
The interface is designed around a premium first-glance chart story.
The corridor gives the chart an active visual anchor. The centered label explains the current stress read without forcing the user to inspect every panel row. Right-side tags keep the current state visible near the active price area.
The panel uses the AG Pro layout standard with a blue merged header row, adjustable location, adjustable theme, and adjustable font size.
🧪 Practical Usage Workflow
1. Apply the script to a perpetual or futures chart.
2. Keep Auto Spot Reference enabled, or manually select the closest matching spot market.
3. Read the panel state and stress score.
4. Check whether the corridor is neutral, premium-stressed, discount-stressed, or showing squeeze risk.
5. Evaluate price reaction around the corridor together with broader market structure, volatility, and risk rules.
🔍 Interpretation Guidelines
Treat carry stress as a context layer.
Premium stress can mean long-side carry is becoming crowded, but it does not automatically mean price must fall.
Discount stress can mean short-side carry is becoming crowded, but it does not automatically mean price must rise.
Carry squeeze risk is stronger when elevated stress and adverse price reaction appear together, but it still requires confirmation from broader market context.
🚫 What This Script Is NOT
This script is not a prediction engine.
This script is not financial advice.
This script is not an auto trading system.
This script is not a guaranteed signal engine.
This script does not read official funding payment data directly.
This script does not claim that premium or discount must immediately mean-revert.
⚠️ Limitations & Transparency
The script estimates carry stress from active-symbol versus spot-reference behavior. It is a proxy framework, not an official exchange funding-rate feed.
Results can vary by exchange, symbol mapping, liquidity, timeframe, and data quality.
The selected reference must match the active market. Auto Spot Reference is enabled by default to help keep ETH charts on an ETH reference, BTC charts on a BTC reference, and similar mappings aligned.
Fast market moves, low liquidity, stale references, or mismatched symbol selections can affect the accuracy of the stress interpretation.
Market conditions change, and the same stress score may behave differently across different volatility regimes.
🧠 Market Context Notes
In crypto markets, derivatives pressure can matter because perpetual traders may become crowded on one side when premium, basis, and volatility remain elevated.
This does not create certainty. It creates context.
The value of the script is strongest when the user combines carry stress with structure, liquidity, trend quality, volatility, and disciplined risk management.
🧾 Use Case Examples
When price trades above the spot reference with persistent premium and the panel shifts into Premium Stress, the user may monitor whether long-side carry is becoming crowded.
When price trades below the spot reference with persistent discount and the panel shifts into Discount Stress, the user may monitor whether short-side pressure is becoming crowded.
When elevated carry stress appears and price starts rejecting the crowded side, the Carry Squeeze Risk state can help highlight a context worth closer attention.
🧱 System Philosophy
Funding Carry Stress Map follows the AGProLabs principle of building decision-support maps rather than prediction tools.
The script is designed to make hidden context easier to see, not to replace judgment.
Its purpose is to organize information into a cleaner visual workflow: read the state, inspect the corridor, evaluate reaction, and confirm with broader context.
🔐 Non-Promise Statement
No script can guarantee market direction.
No carry stress model can remove uncertainty.
This tool helps organize context; it does not create certainty.
📉 Risk Disclosure
Trading involves risk.
Crypto derivatives can be highly volatile and may involve leverage, liquidation risk, exchange risk, funding-cost changes, and rapid market movement.
This script is for educational and analytical purposes only.
It does not provide financial advice or guaranteed trading outcomes.
Users remain responsible for their own decisions.
📚 Educational Note
Use the script as a learning layer for understanding how premium, discount, persistence, volatility, and price reaction can combine into a more complete derivatives-pressure read.
Indicator
Indicator
Spot-Futures SpreadSpot-Futures Spread Indicator
A comprehensive indicator that automatically calculates and visualizes the percentage spread between spot and perpetual futures prices across multiple exchanges.
Key Features:
Automatic Exchange Detection - Automatically detects your current exchange and finds the corresponding spot/futures pair
Smart Fallback System - If the counterpart isn't available on your exchange, it automatically searches across 7+ major exchanges (Binance, Bybit, OKX, Gate.io, MEXC, KuCoin, HTX) and uses the first valid match
Multi-Exchange Support - Works with 14 exchanges including Binance, Bybit, OKX, MEXC, BitGet, Gate.io, KuCoin, and more
Clear Exchange Attribution - Shows exactly which exchanges are providing spot and futures data in the statistics table
Configurable Moving Average - Track the average spread with customizable period
Standard Deviation Bands - Identify unusual spread conditions with Bollinger-style bands
Built-in Alerts - Get notified when spread crosses bands or zero (parity)
Statistics Table - Real-time stats showing current spread, MA, std dev, and bands
Manual Override Options - Advanced users can manually specify exchanges and symbols
How It Works:
The indicator calculates the spread as: (Futures Price - Spot Price) / Spot Price × 100
Positive spread = Futures trading at a premium (contango)
Negative spread = Futures trading at a discount (backwardation)
Zero = Parity between spot and futures
Use Cases:
Funding Rate Analysis - Correlates with perpetual funding rates
Arbitrage Opportunities - Identify significant spot-futures divergences
Market Sentiment - Premium/discount indicates bullish/bearish positioning
Cross-Exchange Analysis - Compare spreads when spot and futures are on different exchanges
Smart Features:
Works whether you're viewing a spot or futures chart
Automatically handles exchange-specific perpetual contract naming (.P, PERP, SWAP, etc.)
Color-coded visualization (green for premium, red for discount)
Customizable colors and display options
Background shading based on spread direction
Perfect For:
Crypto traders monitoring funding rates, arbitrage traders, market makers, and anyone interested in spot-futures dynamics across multiple exchanges.
Getting Started:
Simply add the indicator to any spot or perpetual futures chart. It will automatically detect the exchange and find the corresponding pair. The statistics table shows which exchanges are being used for maximum transparency.
Note: The indicator automatically ignores invalid symbols, so you'll never see errors even if a specific pair doesn't exist on a particular exchange.
Kudos to @AlekMel that made the "Spot - Fut Spread v2" indicator that I enhance the Automatic detection feature which was not working in some case. Indicator
Indicator
Funding Rate [CryptoSea]The Funding Rate Indicator by is a comprehensive tool designed to analyze funding rates across multiple cryptocurrency exchanges. This indicator is essential for traders who want to monitor funding rates and their impact on market trends.
Key Features
Exchange Coverage: Includes data from major exchanges such as Binance, Bitmex, Bybit, HTX, Kraken, OKX, Bitstamp, and Coinbase.
Perpetual Futures and Spot Markets: Fetches and analyzes pricing data from both perpetual futures and spot markets to provide a holistic view.
Smoothing and Customization: Allows users to smooth funding rates using a moving average, with customizable MA lengths for tailored analysis.
Dynamic Candle Coloring: Option to color candles based on trading conditions, enhancing visual analysis.
In the example below, the indicator shows how the funding rate shifts with market conditions, providing clear visual cues for bullish and bearish trends.
How it Works
Data Integration: Uses a secure security fetching function to retrieve pricing data while preventing look-ahead bias, ensuring accurate and reliable information.
TWAP Calculation: Computes Time-Weighted Average Prices (TWAP) for both perpetual futures and spot prices, forming the basis for funding rate calculations.
Funding Rate Calculation: Determines the raw funding rate by comparing TWAPs of perpetual futures and spot prices, then applies smoothing to highlight significant trends.
Color Coding: Highlights the funding rate with distinct colors (bullish and bearish), making it easier to interpret market conditions at a glance.
In the example below, the indicator effectively differentiates between bullish and bearish funding rates, aiding traders in making informed decisions based on current market dynamics.
Application
Market Analysis: Enables traders to analyze the impact of funding rates on market trends, facilitating more strategic decision-making.
Trend Identification: Assists in identifying potential market reversals by monitoring shifts in funding rates.
Customizable Settings: Provides extensive input settings for exchange selection, MA length, and candle coloring, allowing for personalized analysis.
The Funding Rate Indicator by is a powerful addition to any trader's toolkit, offering detailed insights into funding rates across multiple exchanges to navigate the cryptocurrency market effectively. Indicator
Indicator
Indicator
Indicator
Indicator
Indicator
Bitmex BTC Perpetual PremiumThis script tracks the premium of the Bitcoin Perpetual futures at Bimex exchange relative to 3 different reference prices.
The difference between this script and already published scripts is that it tracks the premium relative to 3 different reference prices. This tends to produce slightly different results.
This script is also open source, so you can verify the calculations, or use it as a basis for your own script.
The 3 plots uses the following reference prices:
Blue Area:
Bitmex Index price, ticker: BITMEX:XBT
Red line:
Bitmex Perpetual Premium, ticker XBTUSDPI
(This one is not used as reference, but simply plots the ticker*100)
Orange line:
The reference here is a price calculated by the tickers in trading view based on the Bitmex indices with weighing as follows:
Bitstamp:28,81%
Bittrex:5,5%
Coinbase: 38,07%
Gemini: 7,34%
Kraken: 20,28
Please note that Bitmex changes the bases of its indices regularly. Bitmex might also "rule out" on of these exchanges if there is a short term problem. Indicator
Indicator
Indicator
Indicator
Indicator
Indicator
